Foreign direct investment, net outflows in Hong Kong, China

Hong Kong, China: Foreign direct investment, net outflows was 19.7% in 2024. ◆ Volatile

Latest (2024)
19.7%
Change on year
down 21.9%
World rank
3rd
of 191 countries
All-time high
48.3%
in 2014
All-time low
0.1%
in 1981
Years of data
45
1980–2024

Foreign direct investment, net outflows in Hong Kong, China, 1980–2024

010203040501980200220241980: 0.284 % of GDP1981: 0.1 % of GDP1982: 0.161 % of GDP1983: 1.9 % of GDP1984: 3.2 % of GDP1985: 2.7 % of GDP1986: 3.3 % of GDP1987: 4.6 % of GDP1988: 4.2 % of GDP1989: 4 % of GDP1990: 3.2 % of GDP1991: 3.2 % of GDP1992: 7.9 % of GDP1993: 14.7 % of GDP1994: 15.8 % of GDP1995: 17.3 % of GDP1996: 16.6 % of GDP1997: 13.8 % of GDP1998: 9.8 % of GDP1999: 13.4 % of GDP2000: 40.8 % of GDP2001: 12 % of GDP2002: 9.8 % of GDP2003: 7.9 % of GDP2004: 21.7 % of GDP2005: 18.7 % of GDP2006: 24.6 % of GDP2007: 32.1 % of GDP2008: 26 % of GDP2009: 27.1 % of GDP2010: 43.1 % of GDP2011: 38.6 % of GDP2012: 33.6 % of GDP2013: 30.2 % of GDP2014: 48.3 % of GDP2015: 25.4 % of GDP2016: 23.5 % of GDP2017: 29.8 % of GDP2018: 20.7 % of GDP2019: 10.4 % of GDP2020: 24.2 % of GDP2021: 25.3 % of GDP2022: 33.2 % of GDP2023: 25.3 % of GDP2024: 19.7 % of GDP

Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Measured in % of GDP.

Analysis

Hong Kong, China recorded 19.7% for foreign direct investment, net outflows in 2024.

The figure is down 21.9% on the previous year and down 59.2% over ten years.

Over the whole period, foreign direct investment, net outflows in Hong Kong, China peaked at 48.3% in 2014 and was at its lowest, 0.1%, in 1981.

Hong Kong, China ranks 3rd of 191 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Foreign direct investment, net outflows in Hong Kong, China, year by year

Annual values for Foreign direct investment, net outflows (% of GDP) in Hong Kong, China, 1980 to 2024.
Year % of GDP Change
1980 0.3%
1981 0.1% -64.9%
1982 0.2% +61.3%
1983 1.9% +1075.2%
1984 3.2% +69.7%
1985 2.7% -16.2%
1986 3.3% +24.1%
1987 4.6% +37.1%
1988 4.2% -7.4%
1989 4.0% -6.1%
1990 3.2% -20.1%
1991 3.2% -0.2%
1992 7.9% +149.3%
1993 14.7% +85.9%
1994 15.8% +7.2%
1995 17.3% +9.5%
1996 16.6% -3.9%
1997 13.8% -17.2%
1998 9.8% -28.5%
1999 13.4% +36.1%
2000 40.8% +204.3%
2001 12.0% -70.6%
2002 9.8% -18.4%
2003 7.9% -18.8%
2004 21.7% +173.4%
2005 18.7% -13.9%
2006 24.6% +31.6%
2007 32.1% +30.5%
2008 26.0% -18.9%
2009 27.1% +4.0%
2010 43.1% +59.0%
2011 38.6% -10.4%
2012 33.6% -13.1%
2013 30.2% -9.9%
2014 48.3% +59.9%
2015 25.4% -47.5%
2016 23.5% -7.2%
2017 29.8% +26.6%
2018 20.7% -30.5%
2019 10.4% -49.8%
2020 24.2% +132.5%
2021 25.3% +4.7%
2022 33.2% +31.0%
2023 25.3% -23.9%
2024 19.7% -21.9%

Hong Kong, China compared with similar countries

  • Hong Kong, China's 19.7% is above the median for high income countries, which is 0.9%, 22.0× the median. (69 countries reporting)
  • Hong Kong, China's 19.7% is above the median for East Asia & Pacific, which is 0.3%, 73.0× the median. (29 countries reporting)

Biggest year-on-year movements

Years where Foreign direct investment, net outflows 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.

YearChange FromTo
1983 +1075.2% 0.2% 1.9%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.4% 0.1% 4.6% 10
1990s 11.6% 3.2% 17.3% 10
2000s 22.1% 7.9% 40.8% 10
2010s 30.4% 10.4% 48.3% 10
2020s 25.5% 19.7% 33.2% 5

Countries ranked near Hong Kong, China

  1. 1 Malta 145.6% compare
  2. 2 Luxembourg 116.4% compare
  3. 4 Singapore 15.6% compare
  4. 5 United Arab Emirates 14.0% compare
  5. 6 Ireland 11.0% compare

See the full ranking of 238 places →

More economy & growth data for Hong Kong, China

All data for Hong Kong, China →

Frequently asked questions

What is foreign direct investment, net outflows in Hong Kong, China?
Foreign direct investment, net outflows in Hong Kong, China was 19.7% in 2024, according to Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D.
What is the highest foreign direct investment, net outflows recorded in Hong Kong, China?
The highest recorded value was 48.3% in 2014.
What is the lowest foreign direct investment, net outflows recorded in Hong Kong, China?
The lowest recorded value was 0.1% in 1981.
How does Hong Kong, China rank for foreign direct investment, net outflows?
Hong Kong, China ranks 3rd out of 191 countries with data for 2024.
Is foreign direct investment, net outflows rising or falling in Hong Kong, China?
Over the last ten years it is down 59.2%. The long-run trend across the full record is volatile.
Where does this Hong Kong, China data come from?
The figures come from Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as part of Foreign direct investment, net outflows (% of GDP). Statizoid updates them automatically from the source API.

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Foreign direct investment, net outflows in Hong Kong, China. Statizoid, drawing on Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/foreign-direct-investment-net-outflows-percent-of-gdp/hong-kong-sar-china/

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About this data

Indicator
Foreign direct investment, net outflows (% of GDP)
Unit
% of GDP
Source
Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 9,462 data points, 1970–2025
Last refreshed

Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.