Annual growth of imports of goods and services in Hong Kong, China
Hong Kong, China: Annual growth of imports of goods and services was 3.5% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Hong Kong, China, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of imports of goods and services in Hong Kong, China is 3.5%, measured in 2024.
Compared with earlier readings it is up 167.1% on the previous year and up 238.8% over ten years.
Over the whole period, annual growth of imports of goods and services in Hong Kong, China peaked at 18.2% in 2010 and was at its lowest, -12.2%, in 2022.
That places Hong Kong, China 95th out of 176 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Hong Kong, China, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 17.1% | — |
| 2001 | -1.0% | -105.7% |
| 2002 | 7.0% | -825.8% |
| 2003 | 11.4% | +62.4% |
| 2004 | 14.4% | +26.0% |
| 2005 | 9.3% | -35.2% |
| 2006 | 9.9% | +6.1% |
| 2007 | 9.1% | -8.5% |
| 2008 | 3.2% | -64.1% |
| 2009 | -8.0% | -347.1% |
| 2010 | 18.2% | -327.0% |
| 2011 | 5.6% | -69.3% |
| 2012 | 4.2% | -24.3% |
| 2013 | 8.3% | +95.3% |
| 2014 | 1.0% | -87.6% |
| 2015 | -1.8% | -270.9% |
| 2016 | 0.9% | -149.4% |
| 2017 | 6.6% | +659.8% |
| 2018 | 4.5% | -32.1% |
| 2019 | -7.2% | -261.2% |
| 2020 | -6.9% | -5.2% |
| 2021 | 15.8% | -330.6% |
| 2022 | -12.2% | -177.3% |
| 2023 | -5.2% | -57.5% |
| 2024 | 3.5% | -167.1% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 3.5% is above the median for high income countries, which is 2.5%, 1.4× the median. (62 countries reporting)
- Hong Kong, China's 3.5% is below the median for East Asia & Pacific, which is 6.3%, 55% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Hong Kong, China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +825.8% | -1.0% | 7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.2% | -8.0% | 17.1% | 10 |
| 2010s | 4.0% | -7.2% | 18.2% | 10 |
| 2020s | -1.0% | -12.2% | 15.8% | 5 |
Countries ranked near Hong Kong, China
More economy & growth data for Hong Kong, China
- Foreign direct investment, net outflows (BoP, current US$), gaps 80.54 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1972 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10,704 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 125.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.14 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3081 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16,722 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 0.3594 % change on previous year (2023)
- Total reserves (includes gold, current US$), per unit of GDP 1.12 includes gold, current US$ per US$ of GDP (2023)
- Total reserves (includes gold, current US$), per capita 56,469 includes gold, current US$ per person (2023)
Frequently asked questions
- What is annual growth of imports of goods and services in Hong Kong, China?
- Annual growth of imports of goods and services in Hong Kong, China was 3.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Hong Kong, China?
- The highest recorded value was 18.2% in 2010.
- What is the lowest annual growth of imports of goods and services recorded in Hong Kong, China?
- The lowest recorded value was -12.2% in 2022.
- How does Hong Kong, China rank for annual growth of imports of goods and services?
- Hong Kong, China ranks 95th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Hong Kong, China?
- Over the last ten years it is up 238.8%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).