Gross fixed capital formation, Private sector, Current prices in Hong Kong
Hong Kong: Gross fixed capital formation, Private sector, Current prices was -12.9 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Hong Kong, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Hong Kong recorded -12.9 % change on previous year for gross fixed capital formation, private sector, current prices in 2019.
The figure is down 269.2% on the previous year and down 129.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Hong Kong peaked at 51.36 % change on previous year in 1979 and was at its lowest, -20.81 % change on previous year, in 1999.
Hong Kong ranks 164th of 174 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 fixed capital formation, Private sector, Current prices in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 38.01 % change on previous year | — |
| 1972 | 15.05 % change on previous year | -60.4% |
| 1973 | 22.27 % change on previous year | +48.0% |
| 1974 | 12.15 % change on previous year | -45.4% |
| 1975 | -0.6647 % change on previous year | -105.5% |
| 1976 | 23.88 % change on previous year | -3692.2% |
| 1977 | 32.36 % change on previous year | +35.5% |
| 1978 | 23.37 % change on previous year | -27.8% |
| 1979 | 51.36 % change on previous year | +119.8% |
| 1980 | 42.95 % change on previous year | -16.4% |
| 1981 | 22.14 % change on previous year | -48.5% |
| 1982 | -1.86 % change on previous year | -108.4% |
| 1983 | -13.53 % change on previous year | +625.8% |
| 1984 | 13.91 % change on previous year | -202.8% |
| 1985 | 5.82 % change on previous year | -58.1% |
| 1986 | 21.62 % change on previous year | +271.1% |
| 1987 | 36.52 % change on previous year | +68.9% |
| 1988 | 27.31 % change on previous year | -25.2% |
| 1989 | 15.59 % change on previous year | -42.9% |
| 1990 | 13.2 % change on previous year | -15.3% |
| 1991 | 17.41 % change on previous year | +31.9% |
| 1992 | 21.88 % change on previous year | +25.7% |
| 1993 | 10.54 % change on previous year | -51.8% |
| 1994 | 22.89 % change on previous year | +117.1% |
| 1995 | 6.28 % change on previous year | -72.5% |
| 1996 | 11.17 % change on previous year | +77.7% |
| 1997 | 23.32 % change on previous year | +108.8% |
| 1998 | -14.8 % change on previous year | -163.5% |
| 1999 | -20.81 % change on previous year | +40.6% |
| 2000 | 10.69 % change on previous year | -151.4% |
| 2001 | -3.81 % change on previous year | -135.6% |
| 2002 | -14.98 % change on previous year | +293.3% |
| 2003 | -8.83 % change on previous year | -41.1% |
| 2004 | 7.85 % change on previous year | -188.8% |
| 2005 | 9.4 % change on previous year | +19.8% |
| 2006 | 16.72 % change on previous year | +77.9% |
| 2007 | 1.66 % change on previous year | -90.1% |
| 2008 | 1.73 % change on previous year | +4.2% |
| 2009 | -5.63 % change on previous year | -426.1% |
| 2010 | 9.47 % change on previous year | -268.3% |
| 2011 | 17.89 % change on previous year | +89.0% |
| 2012 | 13.08 % change on previous year | -26.9% |
| 2013 | -2.85 % change on previous year | -121.8% |
| 2014 | 0.421 % change on previous year | -114.8% |
| 2015 | -0.3862 % change on previous year | -191.7% |
| 2016 | -1.78 % change on previous year | +361.8% |
| 2017 | 6.94 % change on previous year | -489.4% |
| 2018 | 7.62 % change on previous year | +9.8% |
| 2019 | -12.9 % change on previous year | -269.2% |
Hong Kong compared with similar countries
- Hong Kong's -12.9 % change on previous year is below the median for high income countries, which is 4.87 % change on previous year. (58 countries reporting)
- Hong Kong's -12.9 % change on previous year is below the median for East Asia & Pacific, which is 2.81 % change on previous year. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current prices 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 | +3692.2% | -0.6647 % change on previous year | 23.88 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.2 % change on previous year | -0.6647 % change on previous year | 51.36 % change on previous year | 9 |
| 1980s | 17.05 % change on previous year | -13.53 % change on previous year | 42.95 % change on previous year | 10 |
| 1990s | 9.11 % change on previous year | -20.81 % change on previous year | 23.32 % change on previous year | 10 |
| 2000s | 1.48 % change on previous year | -14.98 % change on previous year | 16.72 % change on previous year | 10 |
| 2010s | 3.75 % change on previous year | -12.9 % change on previous year | 17.89 % change on previous year | 10 |
Countries ranked near Hong Kong
- 161 Lebanon -10.41 % change on previous year compare
- 162 Costa Rica -10.55 % change on previous year compare
- 163 Algeria -12.68 % change on previous year compare
- 165 Grenada -13.31 % change on previous year compare
- 166 Suriname -15.02 % change on previous year compare
- 167 Kuwait -15.68 % 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 fixed capital formation, private sector, current prices in Hong Kong?
- Gross fixed capital formation, private sector, current prices in Hong Kong was -12.9 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Hong Kong?
- The highest recorded value was 51.36 % change on previous year in 1979.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Hong Kong?
- The lowest recorded value was -20.81 % change on previous year in 1999.
- How does Hong Kong rank for gross fixed capital formation, private sector, current prices?
- Hong Kong ranks 164th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Hong Kong?
- Over the last ten years it is down 129.2%. 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 fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 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 fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices 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 fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.