Chemicals in Hong Kong, China
Hong Kong, China: Chemicals was 12.4% in 2023. ◆ Volatile
Chemicals in Hong Kong, China, 1973–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Hong Kong, China recorded 12.4% for chemicals in 2023.
That represents a change of up 2.8% on the previous year and up 44.4% over ten years.
Over the whole period, chemicals in Hong Kong, China peaked at 12.6% in 2017 and was at its lowest, 1.5%, in 1976.
That places Hong Kong, China 45th out of 153 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Chemicals in Hong Kong, China, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1973 | 1.7% | — |
| 1974 | 1.9% | +10.7% |
| 1975 | 1.6% | -15.3% |
| 1976 | 1.5% | -7.6% |
| 1977 | 1.7% | +15.5% |
| 1978 | 1.7% | +2.1% |
| 1979 | 1.7% | -4.0% |
| 1980 | 1.6% | -4.5% |
| 1981 | 1.6% | -1.2% |
| 1982 | 1.5% | -4.0% |
| 1983 | 1.6% | +7.2% |
| 1984 | 1.6% | +1.0% |
| 1985 | 1.6% | -0.3% |
| 1986 | 1.6% | -2.0% |
| 1987 | 1.5% | -6.3% |
| 1988 | 1.6% | +7.3% |
| 1989 | 1.9% | +17.9% |
| 1990 | 1.8% | -4.0% |
| 1991 | 2.1% | +17.7% |
| 1992 | 1.8% | -13.0% |
| 1993 | 2.1% | +13.4% |
| 1994 | 2.3% | +10.4% |
| 1995 | 2.2% | -3.8% |
| 1996 | 2.7% | +21.9% |
| 1997 | 2.6% | -4.5% |
| 1998 | 3.0% | +14.5% |
| 1999 | 3.3% | +12.9% |
| 2000 | 3.7% | +10.6% |
| 2001 | 3.6% | -1.9% |
| 2002 | 3.3% | -9.3% |
| 2003 | 4.2% | +27.0% |
| 2004 | 3.6% | -14.0% |
| 2005 | 4.6% | +27.9% |
| 2006 | 4.6% | +0.6% |
| 2007 | 5.7% | +23.8% |
| 2008 | 6.1% | +7.4% |
| 2009 | 6.8% | +10.2% |
| 2010 | 6.6% | -3.1% |
| 2011 | 7.8% | +18.7% |
| 2012 | 7.6% | -2.7% |
| 2013 | 8.6% | +13.3% |
| 2014 | 10.1% | +17.8% |
| 2015 | 9.7% | -3.7% |
| 2016 | 11.3% | +16.3% |
| 2017 | 12.6% | +10.9% |
| 2018 | 12.0% | -4.9% |
| 2019 | 10.8% | -9.4% |
| 2020 | 11.5% | +5.8% |
| 2021 | 11.9% | +3.4% |
| 2022 | 12.1% | +1.7% |
| 2023 | 12.4% | +2.8% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 12.4% is above the median for high income countries, which is 10.3%, 1.2× the median. (57 countries reporting)
- Hong Kong, China's 12.4% is above the median for East Asia & Pacific, which is 7.7%, 1.6× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 1.5% | 1.9% | 7 |
| 1980s | 1.6% | 1.5% | 1.9% | 10 |
| 1990s | 2.4% | 1.8% | 3.3% | 10 |
| 2000s | 4.6% | 3.3% | 6.8% | 10 |
| 2010s | 9.7% | 6.6% | 12.6% | 10 |
| 2020s | 12.0% | 11.5% | 12.4% | 4 |
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 chemicals in Hong Kong, China?
- Chemicals in Hong Kong, China was 12.4% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Hong Kong, China?
- The highest recorded value was 12.6% in 2017.
- What is the lowest chemicals recorded in Hong Kong, China?
- The lowest recorded value was 1.5% in 1976.
- How does Hong Kong, China rank for chemicals?
- Hong Kong, China ranks 45th out of 153 countries with data for 2023.
- Is chemicals rising or falling in Hong Kong, China?
- Over the last ten years it is up 44.4%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).