Global Revenue Statistics - Comparative tax revenues in Hong Kong
Hong Kong: Global Revenue Statistics - Comparative tax revenues was 13.28 Percentage of GDP in 2024. ▬ Flat
Global Revenue Statistics - Comparative tax revenues in Hong Kong, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Hong Kong recorded 13.28 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024.
That represents a change of up 1.4% on the previous year and down 13.9% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Hong Kong peaked at 15.42 Percentage of GDP in 2014 and was at its lowest, 12.18 Percentage of GDP, in 2019.
That places Hong Kong 111th out of 135 countries with data for 2024, putting it in the bottom quarter.
Global Revenue Statistics - Comparative tax revenues in Hong Kong, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 13.3 Percentage of GDP | — |
| 2011 | 14.08 Percentage of GDP | +5.8% |
| 2012 | 13.55 Percentage of GDP | -3.7% |
| 2013 | 13.31 Percentage of GDP | -1.8% |
| 2014 | 15.42 Percentage of GDP | +15.8% |
| 2015 | 14.27 Percentage of GDP | -7.5% |
| 2016 | 13.74 Percentage of GDP | -3.7% |
| 2017 | 14.07 Percentage of GDP | +2.4% |
| 2018 | 13.5 Percentage of GDP | -4.1% |
| 2019 | 12.18 Percentage of GDP | -9.8% |
| 2020 | 13.79 Percentage of GDP | +13.2% |
| 2021 | 14.6 Percentage of GDP | +5.9% |
| 2022 | 14.14 Percentage of GDP | -3.1% |
| 2023 | 13.1 Percentage of GDP | -7.4% |
| 2024 | 13.28 Percentage of GDP | +1.4% |
Hong Kong compared with similar countries
- Hong Kong's 13.28 Percentage of GDP is below the median for high income countries, which is 33.73 Percentage of GDP, 39% of the median. (49 countries reporting)
- Hong Kong's 13.28 Percentage of GDP is below the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 74% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.74 Percentage of GDP | 12.18 Percentage of GDP | 15.42 Percentage of GDP | 10 |
| 2020s | 13.78 Percentage of GDP | 13.1 Percentage of GDP | 14.6 Percentage of GDP | 5 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- Real gdp growth, annual growth rate 32.67 % change on previous year (2025)
- 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)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Hong Kong?
- Global revenue statistics - comparative tax revenues in Hong Kong was 13.28 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Hong Kong?
- The highest recorded value was 15.42 Percentage of GDP in 2014.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Hong Kong?
- The lowest recorded value was 12.18 Percentage of GDP in 2019.
- How does Hong Kong rank for global revenue statistics - comparative tax revenues?
- Hong Kong ranks 111th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Hong Kong?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is flat.
- Where does this Hong Kong data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.