Food, beverages and tobacco in Hong Kong
Hong Kong: Food, beverages and tobacco was 35.1% in 2023. ◆ Volatile
Food, beverages and tobacco in Hong Kong, 1973–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for food, beverages and tobacco in Hong Kong is 35.1%, measured in 2023.
Compared with earlier readings it is up 2.9% on the previous year and up 25.0% over ten years.
Over the whole period, food, beverages and tobacco in Hong Kong peaked at 36.1% in 2021 and was at its lowest, 4.3%, in 1981.
Hong Kong ranks 62nd of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Food, beverages and tobacco in Hong Kong, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1973 | 4.9% | — |
| 1974 | 6.0% | +22.1% |
| 1975 | 5.7% | -5.0% |
| 1976 | 5.0% | -11.7% |
| 1977 | 5.7% | +13.8% |
| 1978 | 5.1% | -10.5% |
| 1979 | 4.6% | -9.2% |
| 1980 | 4.6% | +0.2% |
| 1981 | 4.3% | -8.2% |
| 1982 | 5.3% | +25.1% |
| 1983 | 5.2% | -3.4% |
| 1984 | 5.3% | +2.5% |
| 1985 | 6.4% | +21.8% |
| 1986 | 5.3% | -16.9% |
| 1987 | 5.2% | -2.7% |
| 1988 | 6.3% | +20.8% |
| 1989 | 6.6% | +5.3% |
| 1990 | 8.2% | +24.6% |
| 1991 | 10.2% | +23.6% |
| 1992 | 10.1% | -0.9% |
| 1993 | 10.3% | +2.0% |
| 1994 | 12.7% | +23.2% |
| 1995 | 10.5% | -17.2% |
| 1996 | 11.8% | +12.4% |
| 1997 | 10.3% | -12.5% |
| 1998 | 11.6% | +12.4% |
| 1999 | 7.9% | -31.8% |
| 2000 | 7.2% | -9.6% |
| 2001 | 9.0% | +26.2% |
| 2002 | 11.4% | +25.9% |
| 2003 | 11.0% | -3.4% |
| 2004 | 10.8% | -2.0% |
| 2005 | 16.1% | +49.9% |
| 2006 | 17.9% | +10.8% |
| 2007 | 23.0% | +28.7% |
| 2008 | 22.8% | -0.9% |
| 2009 | 23.3% | +2.0% |
| 2010 | 23.0% | -1.0% |
| 2011 | 24.6% | +6.7% |
| 2012 | 26.7% | +8.5% |
| 2013 | 28.1% | +5.4% |
| 2014 | 30.3% | +7.8% |
| 2015 | 30.8% | +1.6% |
| 2016 | 31.5% | +2.3% |
| 2017 | 31.9% | +1.5% |
| 2018 | 32.6% | +2.1% |
| 2019 | 34.1% | +4.6% |
| 2020 | 33.6% | -1.6% |
| 2021 | 36.1% | +7.6% |
| 2022 | 34.1% | -5.5% |
| 2023 | 35.1% | +2.9% |
Hong Kong compared with similar countries
- Hong Kong's 35.1% is above the median for high income countries, which is 13.5%, 2.6× the median. (57 countries reporting)
- Hong Kong's 35.1% is above the median for East Asia & Pacific, which is 28.6%, 1.2× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.3% | 4.6% | 6.0% | 7 |
| 1980s | 5.5% | 4.3% | 6.6% | 10 |
| 1990s | 10.4% | 7.9% | 12.7% | 10 |
| 2000s | 15.2% | 7.2% | 23.3% | 10 |
| 2010s | 29.4% | 23.0% | 34.1% | 10 |
| 2020s | 34.7% | 33.6% | 36.1% | 4 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- 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 food, beverages and tobacco in Hong Kong?
- Food, beverages and tobacco in Hong Kong was 35.1% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Hong Kong?
- The highest recorded value was 36.1% in 2021.
- What is the lowest food, beverages and tobacco recorded in Hong Kong?
- The lowest recorded value was 4.3% in 1981.
- How does Hong Kong rank for food, beverages and tobacco?
- Hong Kong ranks 62nd out of 157 countries with data for 2023.
- Is food, beverages and tobacco rising or falling in Hong Kong?
- Over the last ten years it is up 25.0%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
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About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. 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).