Gross capital formation in Hong Kong, China
Hong Kong, China: Gross capital formation was 18.3% in 2025. ▼ Falling
Gross capital formation in Hong Kong, China, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Hong Kong, China recorded 18.3% for gross capital formation in 2025.
Compared with earlier readings it is up 14.2% on the previous year and down 14.8% over ten years.
Over the whole period, gross capital formation in Hong Kong, China peaked at 36.2% in 1964 and was at its lowest, 15.2%, in 2022.
That places Hong Kong, China 145th out of 187 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Gross capital formation in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 27.7% | — |
| 1961 | 24.0% | -13.4% |
| 1962 | 28.4% | +18.6% |
| 1963 | 33.5% | +17.7% |
| 1964 | 36.2% | +8.2% |
| 1965 | 34.9% | -3.7% |
| 1966 | 27.6% | -20.8% |
| 1967 | 20.1% | -27.3% |
| 1968 | 16.6% | -17.4% |
| 1969 | 16.4% | -1.6% |
| 1970 | 20.4% | +24.8% |
| 1971 | 24.3% | +19.3% |
| 1972 | 23.4% | -3.8% |
| 1973 | 22.9% | -2.3% |
| 1974 | 24.2% | +5.7% |
| 1975 | 22.9% | -5.1% |
| 1976 | 25.4% | +10.6% |
| 1977 | 26.5% | +4.5% |
| 1978 | 28.7% | +8.3% |
| 1979 | 32.6% | +13.6% |
| 1980 | 34.9% | +6.8% |
| 1981 | 34.9% | +0.2% |
| 1982 | 31.0% | -11.3% |
| 1983 | 26.7% | -13.9% |
| 1984 | 24.4% | -8.4% |
| 1985 | 21.5% | -11.9% |
| 1986 | 23.4% | +9.0% |
| 1987 | 26.1% | +11.2% |
| 1988 | 28.4% | +8.8% |
| 1989 | 26.5% | -6.4% |
| 1990 | 27.2% | +2.4% |
| 1991 | 26.9% | -0.9% |
| 1992 | 28.2% | +4.7% |
| 1993 | 27.2% | -3.3% |
| 1994 | 31.4% | +15.2% |
| 1995 | 34.3% | +9.3% |
| 1996 | 31.8% | -7.3% |
| 1997 | 34.2% | +7.5% |
| 1998 | 29.0% | -15.2% |
| 1999 | 25.0% | -13.9% |
| 2000 | 27.6% | +10.4% |
| 2001 | 25.5% | -7.6% |
| 2002 | 23.2% | -9.1% |
| 2003 | 22.4% | -3.5% |
| 2004 | 22.4% | -0.1% |
| 2005 | 21.1% | -5.8% |
| 2006 | 22.3% | +5.8% |
| 2007 | 21.4% | -4.0% |
| 2008 | 21.0% | -1.7% |
| 2009 | 21.8% | +3.8% |
| 2010 | 23.9% | +9.4% |
| 2011 | 24.1% | +1.1% |
| 2012 | 25.2% | +4.5% |
| 2013 | 24.0% | -4.7% |
| 2014 | 23.8% | -0.9% |
| 2015 | 21.5% | -9.6% |
| 2016 | 21.5% | -0.2% |
| 2017 | 22.1% | +2.6% |
| 2018 | 22.0% | -0.3% |
| 2019 | 18.2% | -17.3% |
| 2020 | 19.0% | +4.4% |
| 2021 | 16.8% | -11.6% |
| 2022 | 15.2% | -9.2% |
| 2023 | 16.2% | +6.0% |
| 2024 | 16.1% | -0.5% |
| 2025 | 18.3% | +14.2% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 18.3% is below the median for high income countries, which is 22.9%, 80% of the median. (67 countries reporting)
- Hong Kong, China's 18.3% is below the median for East Asia & Pacific, which is 26.1%, 70% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.5% | 16.4% | 36.2% | 10 |
| 1970s | 25.1% | 20.4% | 32.6% | 10 |
| 1980s | 27.8% | 21.5% | 34.9% | 10 |
| 1990s | 29.5% | 25.0% | 34.3% | 10 |
| 2000s | 22.9% | 21.0% | 27.6% | 10 |
| 2010s | 22.6% | 18.2% | 25.2% | 10 |
| 2020s | 16.9% | 15.2% | 19.0% | 6 |
Countries ranked near Hong Kong, China
- 142 Seychelles 18.7% compare
- 143 Malta 18.7% compare
- 144 Namibia 18.7% compare
- 146 Bolivia, Plurinational State of 17.9% compare
- 147 Poland 17.9% compare
- 148 Cape Verde 17.4% compare
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 gross capital formation in Hong Kong, China?
- Gross capital formation in Hong Kong, China was 18.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Hong Kong, China?
- The highest recorded value was 36.2% in 1964.
- What is the lowest gross capital formation recorded in Hong Kong, China?
- The lowest recorded value was 15.2% in 2022.
- How does Hong Kong, China rank for gross capital formation?
- Hong Kong, China ranks 145th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Hong Kong, China?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is falling.
- Where does this Hong Kong, China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.