Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR

China, Hong Kong SAR: Gross National Income — Value Standard Local Currency, annual growth was 8.5 % change on previous year in 2023. ◆ Volatile

Latest (2023)
8.5 % change on previous year
Change on year
up 462.3%
World rank
117th
of 231 countries
All-time high
31.21 % change on previous year
in 1979
All-time low
-5.47 % change on previous year
in 2009
Years of data
53
1971–2023

Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR, 1971–2023

-100102030197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, gross national income — value standard local currency, annual growth in China, Hong Kong SAR stood at 8.5 % change on previous year.

Compared with earlier readings it is up 462.3% on the previous year and up 56.4% over ten years.

Over the whole period, gross national income — value standard local currency, annual growth in China, Hong Kong SAR peaked at 31.21 % change on previous year in 1979 and was at its lowest, -5.47 % change on previous year, in 2009.

China, Hong Kong SAR ranks 117th of 231 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR, year by year

Annual values for Gross National Income — Value Standard Local Currency, annual growth rate in China, Hong Kong SAR, 1971 to 2023.
Year % change on previous year Change
1971 15.4 % change on previous year
1972 20.52 % change on previous year +33.3%
1973 28.32 % change on previous year +38.0%
1974 14.33 % change on previous year -49.4%
1975 4.9 % change on previous year -65.8%
1976 27.37 % change on previous year +458.6%
1977 15.96 % change on previous year -41.7%
1978 17.18 % change on previous year +7.6%
1979 31.21 % change on previous year +81.7%
1980 26.7 % change on previous year -14.5%
1981 20.42 % change on previous year -23.5%
1982 12.73 % change on previous year -37.7%
1983 10.49 % change on previous year -17.6%
1984 20.6 % change on previous year +96.5%
1985 5.91 % change on previous year -71.3%
1986 15.06 % change on previous year +154.7%
1987 23.01 % change on previous year +52.8%
1988 18.34 % change on previous year -20.3%
1989 15.13 % change on previous year -17.5%
1990 11.2 % change on previous year -25.9%
1991 14.76 % change on previous year +31.7%
1992 16.58 % change on previous year +12.3%
1993 20.13 % change on previous year +21.4%
1994 12.35 % change on previous year -38.6%
1995 7.32 % change on previous year -40.8%
1996 8.49 % change on previous year +16.0%
1997 12.03 % change on previous year +41.8%
1998 -2.79 % change on previous year -123.2%
1999 -1.62 % change on previous year -42.2%
2000 2.76 % change on previous year -270.6%
2001 0.2485 % change on previous year -91.0%
2002 -3.39 % change on previous year -1465.9%
2003 -1.29 % change on previous year -62.0%
2004 4.35 % change on previous year -437.3%
2005 5.55 % change on previous year +27.7%
2006 8.4 % change on previous year +51.3%
2007 10.7 % change on previous year +27.4%
2008 6.13 % change on previous year -42.7%
2009 -5.47 % change on previous year -189.3%
2010 6.14 % change on previous year -212.1%
2011 9.56 % change on previous year +55.6%
2012 3.99 % change on previous year -58.3%
2013 5.43 % change on previous year +36.3%
2014 5.87 % change on previous year +7.9%
2015 5.9 % change on previous year +0.6%
2016 4.52 % change on previous year -23.3%
2017 8.69 % change on previous year +92.1%
2018 7.03 % change on previous year -19.1%
2019 0.6228 % change on previous year -91.1%
2020 -5.25 % change on previous year -942.6%
2021 8.29 % change on previous year -258.0%
2022 -2.35 % change on previous year -128.3%
2023 8.5 % change on previous year -462.3%

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR 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.

YearChange FromTo
2002 -1465.9% 0.2485 % change on previous year -3.39 % change on previous year
2020 -942.6% 0.6228 % change on previous year -5.25 % change on previous year
1976 +458.6% 4.9 % change on previous year 27.37 % change on previous year
2023 +462.3% -2.35 % change on previous year 8.5 % change on previous year
2004 +437.3% -1.29 % change on previous year 4.35 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 19.47 % change on previous year 4.9 % change on previous year 31.21 % change on previous year 9
1980s 16.84 % change on previous year 5.91 % change on previous year 26.7 % change on previous year 10
1990s 9.84 % change on previous year -2.79 % change on previous year 20.13 % change on previous year 10
2000s 2.8 % change on previous year -5.47 % change on previous year 10.7 % change on previous year 10
2010s 5.78 % change on previous year 0.6228 % change on previous year 9.56 % change on previous year 10
2020s 2.3 % change on previous year -5.25 % change on previous year 8.5 % change on previous year 4

Countries ranked near China, Hong Kong SAR

  1. 114 Anguilla 8.71 % change on previous year compare
  2. 115 Cameroon 8.58 % change on previous year compare
  3. 116 Comoros 8.57 % change on previous year compare
  4. 118 USSR 8.42 % change on previous year compare
  5. 119 Tunisia 8.36 % change on previous year compare
  6. 120 Dominican Republic 8.34 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for China, Hong Kong SAR

All data for China, Hong Kong SAR →

Frequently asked questions

What is gross national income — value standard local currency, annual growth in China, Hong Kong SAR?
Gross national income — value standard local currency, annual growth in China, Hong Kong SAR was 8.5 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, annual growth recorded in China, Hong Kong SAR?
The highest recorded value was 31.21 % change on previous year in 1979.
What is the lowest gross national income — value standard local currency, annual growth recorded in China, Hong Kong SAR?
The lowest recorded value was -5.47 % change on previous year in 2009.
How does China, Hong Kong SAR rank for gross national income — value standard local currency, annual growth?
China, Hong Kong SAR ranks 117th out of 231 countries with data for 2023.
Is gross national income — value standard local currency, annual growth rising or falling in China, Hong Kong SAR?
Over the last ten years it is up 56.4%. The long-run trend across the full record is volatile.
Where does this China, Hong Kong SAR data come from?
The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/china-hong-kong-sar/

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<a href="https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-annual-growth-rate/china-hong-kong-sar/">Gross National Income — Value Standard Local Currency, annual growth in China, Hong Kong SAR</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,164 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.