Gross domestic product (GDP), Constant prices, Purchasing power in Hong Kong
Hong Kong: Gross domestic product (GDP), Constant prices, Purchasing power was -1.25 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Hong Kong, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Hong Kong stood at -1.25 % change on previous year.
That represents a change of down 143.9% on the previous year and up 49.2% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Hong Kong peaked at 16.17 % change on previous year in 1963 and was at its lowest, -5.88 % change on previous year, in 1998.
Hong Kong ranks 183rd of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.72 % change on previous year | — |
| 1962 | 14.16 % change on previous year | +147.6% |
| 1963 | 16.17 % change on previous year | +14.2% |
| 1964 | 8.33 % change on previous year | -48.4% |
| 1965 | 14.53 % change on previous year | +74.4% |
| 1966 | 1.49 % change on previous year | -89.7% |
| 1967 | 1.47 % change on previous year | -1.5% |
| 1968 | 3.62 % change on previous year | +146.3% |
| 1969 | 11.19 % change on previous year | +208.8% |
| 1970 | 9.43 % change on previous year | -15.7% |
| 1971 | 7.29 % change on previous year | -22.7% |
| 1972 | 10.61 % change on previous year | +45.5% |
| 1973 | 12.28 % change on previous year | +15.7% |
| 1974 | 2.42 % change on previous year | -80.3% |
| 1975 | 0.4921 % change on previous year | -79.6% |
| 1976 | 16.16 % change on previous year | +3184.5% |
| 1977 | 11.73 % change on previous year | -27.5% |
| 1978 | 8.26 % change on previous year | -29.5% |
| 1979 | 11.56 % change on previous year | +39.9% |
| 1980 | 10.11 % change on previous year | -12.5% |
| 1981 | 9.26 % change on previous year | -8.4% |
| 1982 | 2.95 % change on previous year | -68.1% |
| 1983 | 5.98 % change on previous year | +102.6% |
| 1984 | 9.97 % change on previous year | +66.9% |
| 1985 | 0.7571 % change on previous year | -92.4% |
| 1986 | 11.06 % change on previous year | +1360.4% |
| 1987 | 13.4 % change on previous year | +21.2% |
| 1988 | 8.51 % change on previous year | -36.5% |
| 1989 | 2.28 % change on previous year | -73.2% |
| 1990 | 3.83 % change on previous year | +68.2% |
| 1991 | 5.7 % change on previous year | +48.9% |
| 1992 | 6.23 % change on previous year | +9.3% |
| 1993 | 6.2 % change on previous year | -0.5% |
| 1994 | 6.04 % change on previous year | -2.7% |
| 1995 | 2.37 % change on previous year | -60.7% |
| 1996 | 4.26 % change on previous year | +79.4% |
| 1997 | 5.1 % change on previous year | +19.7% |
| 1998 | -5.88 % change on previous year | -215.4% |
| 1999 | 2.51 % change on previous year | -142.6% |
| 2000 | 7.66 % change on previous year | +205.8% |
| 2001 | 0.5605 % change on previous year | -92.7% |
| 2002 | 1.66 % change on previous year | +195.6% |
| 2003 | 3.06 % change on previous year | +84.5% |
| 2004 | 8.7 % change on previous year | +184.6% |
| 2005 | 7.39 % change on previous year | -15.1% |
| 2006 | 7.03 % change on previous year | -4.8% |
| 2007 | 6.46 % change on previous year | -8.1% |
| 2008 | 2.13 % change on previous year | -67.1% |
| 2009 | -2.46 % change on previous year | -215.6% |
| 2010 | 6.77 % change on previous year | -375.2% |
| 2011 | 4.81 % change on previous year | -28.9% |
| 2012 | 1.7 % change on previous year | -64.7% |
| 2013 | 3.1 % change on previous year | +82.4% |
| 2014 | 2.76 % change on previous year | -10.9% |
| 2015 | 2.39 % change on previous year | -13.6% |
| 2016 | 2.17 % change on previous year | -9.2% |
| 2017 | 3.79 % change on previous year | +74.8% |
| 2018 | 2.85 % change on previous year | -24.9% |
| 2019 | -1.25 % change on previous year | -143.9% |
Hong Kong compared with similar countries
- Hong Kong's -1.25 % change on previous year is below the median for high income countries, which is 1.81 % change on previous year. (65 countries reporting)
- Hong Kong's -1.25 % change on previous year is below the median for East Asia & Pacific, which is 2.37 % change on previous year. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in Hong Kong 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.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +3184.5% | 0.4921 % change on previous year | 16.16 % change on previous year |
| 1986 | +1360.4% | 0.7571 % change on previous year | 11.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.52 % change on previous year | 1.47 % change on previous year | 16.17 % change on previous year | 9 |
| 1970s | 9.02 % change on previous year | 0.4921 % change on previous year | 16.16 % change on previous year | 10 |
| 1980s | 7.43 % change on previous year | 0.7571 % change on previous year | 13.4 % change on previous year | 10 |
| 1990s | 3.64 % change on previous year | -5.88 % change on previous year | 6.23 % change on previous year | 10 |
| 2000s | 4.22 % change on previous year | -2.46 % change on previous year | 8.7 % change on previous year | 10 |
| 2010s | 2.91 % change on previous year | -1.25 % change on previous year | 6.77 % change on previous year | 10 |
Countries ranked near Hong Kong
- 180 Haiti -0.9349 % change on previous year compare
- 181 Namibia -1.13 % change on previous year compare
- 182 Trinidad and Tobago -1.25 % change on previous year compare
- 184 Angola -1.5 % change on previous year compare
- 185 Argentina -2.16 % change on previous year compare
- 186 Liberia -2.28 % change on previous year compare
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 gross domestic product (gdp), constant prices, purchasing power in Hong Kong?
- Gross domestic product (gdp), constant prices, purchasing power in Hong Kong was -1.25 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Hong Kong?
- The highest recorded value was 16.17 % change on previous year in 1963.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Hong Kong?
- The lowest recorded value was -5.88 % change on previous year in 1998.
- How does Hong Kong rank for gross domestic product (gdp), constant prices, purchasing power?
- Hong Kong ranks 183rd out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Hong Kong?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Constant prices, Purchasing power International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.