Gross Domestic Product, GDP in millions constant 2021 international $ in Hong Kong
Hong Kong: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.03 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Hong Kong, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Hong Kong stood at 2.03 % change on previous year.
The figure is down 4.4% on the previous year and down 46.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Hong Kong peaked at 8.7 % change on previous year in 2004 and was at its lowest, -6.54 % change on previous year, in 2020.
Hong Kong ranks 149th of 189 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 in millions constant 2021 international $ in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 6.24 % change on previous year | — |
| 1993 | 6.2 % change on previous year | -0.6% |
| 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 | +205.7% |
| 2001 | 0.561 % change on previous year | -92.7% |
| 2002 | 1.66 % change on previous year | +195.3% |
| 2003 | 3.06 % change on previous year | +84.5% |
| 2004 | 8.7 % change on previous year | +184.7% |
| 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 | 2.18 % change on previous year | -8.9% |
| 2017 | 3.8 % change on previous year | +74.5% |
| 2018 | 2.85 % change on previous year | -25.0% |
| 2019 | -1.67 % change on previous year | -158.7% |
| 2020 | -6.54 % change on previous year | +291.3% |
| 2021 | 6.45 % change on previous year | -198.6% |
| 2022 | -3.68 % change on previous year | -157.1% |
| 2023 | 3.22 % change on previous year | -187.5% |
| 2024 | 2.51 % change on previous year | -22.3% |
| 2025 | 2.44 % change on previous year | -2.7% |
| 2026 | 2.12 % change on previous year | -13.0% |
| 2027 | 2.03 % change on previous year | -4.4% |
Hong Kong compared with similar countries
- Hong Kong's 2.03 % change on previous year is below the median for high income countries, which is 2.26 % change on previous year, 90% of the median. (62 countries reporting)
- Hong Kong's 2.03 % change on previous year is below the median for East Asia & Pacific, which is 2.95 % change on previous year, 69% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.35 % change on previous year | -5.88 % change on previous year | 6.24 % change on previous year | 8 |
| 2000s | 4.22 % change on previous year | -2.46 % change on previous year | 8.7 % change on previous year | 10 |
| 2010s | 2.87 % change on previous year | -1.67 % change on previous year | 6.77 % change on previous year | 10 |
| 2020s | 1.07 % change on previous year | -6.54 % change on previous year | 6.45 % change on previous year | 8 |
Countries ranked near Hong Kong
- 146 United States 2.06 % change on previous year compare
- 147 Mexico 2.04 % change on previous year compare
- 148 Bolivia 2.04 % change on previous year compare
- 150 Czechia 2 % change on previous year compare
- 151 Barbados 2 % change on previous year compare
- 152 Saint Lucia 1.97 % 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 in millions constant 2021 international $ in Hong Kong?
- Gross domestic product, gdp in millions constant 2021 international $ in Hong Kong was 2.03 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Hong Kong?
- The highest recorded value was 8.7 % change on previous year in 2004.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Hong Kong?
- The lowest recorded value was -6.54 % change on previous year in 2020.
- How does Hong Kong rank for gross domestic product, gdp in millions constant 2021 international $?
- Hong Kong ranks 149th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Hong Kong?
- Over the last ten years it is down 46.6%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.