Annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region
China, Hong Kong Special Administrative Region: Annual growth of the general government final consumption expenditure was 0.9% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region stood at 0.9%.
That represents a change of up 122.6% on the previous year and down 71.3% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region peaked at 8.0% in 2022 and was at its lowest, -3.9%, in 2023.
That places China, Hong Kong Special Administrative Region 23rd out of 32 groups 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 the general government final consumption expenditure in China, Hong Kong Special Administrative Region, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.4% | — |
| 2001 | 6.3% | +158.7% |
| 2002 | 2.9% | -54.7% |
| 2003 | 2.4% | -17.1% |
| 2004 | 1.4% | -41.7% |
| 2005 | -2.6% | -285.2% |
| 2006 | 0.9% | -134.7% |
| 2007 | 3.2% | +254.4% |
| 2008 | 2.0% | -35.9% |
| 2009 | 2.3% | +14.7% |
| 2010 | 3.4% | +44.3% |
| 2011 | 2.5% | -26.8% |
| 2012 | 3.6% | +45.0% |
| 2013 | 2.7% | -24.0% |
| 2014 | 3.1% | +13.3% |
| 2015 | 3.4% | +11.7% |
| 2016 | 3.4% | +0.5% |
| 2017 | 2.8% | -17.5% |
| 2018 | 4.2% | +49.4% |
| 2019 | 5.1% | +19.5% |
| 2020 | 7.9% | +56.0% |
| 2021 | 5.9% | -25.7% |
| 2022 | 8.0% | +35.4% |
| 2023 | -3.9% | -149.0% |
| 2024 | 0.9% | -122.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -2.6% | 6.3% | 10 |
| 2010s | 3.4% | 2.5% | 5.1% | 10 |
| 2020s | 3.7% | -3.9% | 8.0% | 5 |
Countries ranked near China, Hong Kong Special Administrative Region
More economy & growth data for China, Hong Kong Special Administrative Region
- Foreign direct investment (FDI) inflows 126,181 (2024)
- Annual growth rate of real GDP per employed person 3.1% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 0.9% (2025)
- Annual growth rate of real GDP per capita 2.9% (2024)
- Manufacturing value added (current United States dollars) as a 0.9% (2024)
- Merchandise trade as a proportion of GDP 331.7% (2024)
- Annual GDP growth 2.5% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 30.9% (2024)
- Annual growth of exports of goods and services 4.8% (2024)
- Annual growth of imports of goods and services 3.5% (2024)
All data for China, Hong Kong Special Administrative Region →
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region?
- Annual growth of the general government final consumption expenditure in China, Hong Kong Special Administrative Region was 0.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in China, Hong Kong Special Administrative Region?
- The highest recorded value was 8.0% in 2022.
- What is the lowest annual growth of the general government final consumption expenditure recorded in China, Hong Kong Special Administrative Region?
- The lowest recorded value was -3.9% in 2023.
- How does China, Hong Kong Special Administrative Region rank for annual growth of the general government final consumption expenditure?
- China, Hong Kong Special Administrative Region ranks 23rd out of 32 groups with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in China, Hong Kong Special Administrative Region?
- Over the last ten years it is down 71.3%. The long-run trend across the full record is volatile.
- Where does this China, Hong Kong Special Administrative Region data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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