Gross savings (current LCU), per unit of GDP in Hong Kong
Hong Kong: Gross savings (current LCU), per unit of GDP was 2.28 current LCU per US$ of GDP in 2024. ▼ Falling
Gross savings (current LCU), per unit of GDP in Hong Kong, 1998–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Hong Kong is 2.28 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 18.5% on the previous year and up 16.5% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Hong Kong peaked at 2.81 current LCU per US$ of GDP in 2008 and was at its lowest, 1.88 current LCU per US$ of GDP, in 2019.
That places Hong Kong 92nd out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
Gross savings (current LCU), per unit of GDP in Hong Kong, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1998 | 2.38 current LCU per US$ of GDP | — |
| 1999 | 2.44 current LCU per US$ of GDP | +2.5% |
| 2000 | 2.49 current LCU per US$ of GDP | +2.2% |
| 2001 | 2.47 current LCU per US$ of GDP | -1.0% |
| 2002 | 2.42 current LCU per US$ of GDP | -1.7% |
| 2003 | 2.58 current LCU per US$ of GDP | +6.6% |
| 2004 | 2.52 current LCU per US$ of GDP | -2.6% |
| 2005 | 2.56 current LCU per US$ of GDP | +1.8% |
| 2006 | 2.72 current LCU per US$ of GDP | +6.1% |
| 2007 | 2.68 current LCU per US$ of GDP | -1.2% |
| 2008 | 2.81 current LCU per US$ of GDP | +4.5% |
| 2009 | 2.46 current LCU per US$ of GDP | -12.3% |
| 2010 | 2.4 current LCU per US$ of GDP | -2.4% |
| 2011 | 2.31 current LCU per US$ of GDP | -3.7% |
| 2012 | 2.08 current LCU per US$ of GDP | -10.1% |
| 2013 | 1.98 current LCU per US$ of GDP | -4.7% |
| 2014 | 1.96 current LCU per US$ of GDP | -1.3% |
| 2015 | 1.93 current LCU per US$ of GDP | -1.4% |
| 2016 | 1.98 current LCU per US$ of GDP | +2.6% |
| 2017 | 2.08 current LCU per US$ of GDP | +5.1% |
| 2018 | 2.02 current LCU per US$ of GDP | -2.9% |
| 2019 | 1.88 current LCU per US$ of GDP | -6.6% |
| 2020 | 2.01 current LCU per US$ of GDP | +6.9% |
| 2021 | 2.22 current LCU per US$ of GDP | +10.4% |
| 2022 | 1.99 current LCU per US$ of GDP | -10.5% |
| 2023 | 1.92 current LCU per US$ of GDP | -3.3% |
| 2024 | 2.28 current LCU per US$ of GDP | +18.5% |
Hong Kong compared with similar countries
- Hong Kong's 2.28 current LCU per US$ of GDP is above the median for high income countries, which is 0.313 current LCU per US$ of GDP, 7.3× the median. (63 countries reporting)
- Hong Kong's 2.28 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.41 current LCU per US$ of GDP | 2.38 current LCU per US$ of GDP | 2.44 current LCU per US$ of GDP | 2 |
| 2000s | 2.57 current LCU per US$ of GDP | 2.42 current LCU per US$ of GDP | 2.81 current LCU per US$ of GDP | 10 |
| 2010s | 2.06 current LCU per US$ of GDP | 1.88 current LCU per US$ of GDP | 2.4 current LCU per US$ of GDP | 10 |
| 2020s | 2.09 current LCU per US$ of GDP | 1.92 current LCU per US$ of GDP | 2.28 current LCU per US$ of GDP | 5 |
Countries ranked near Hong Kong
- 89 Denmark 2.44 current LCU per US$ of GDP compare
- 90 Lesotho 2.43 current LCU per US$ of GDP compare
- 91 South Africa 2.31 current LCU per US$ of GDP compare
- 93 Zimbabwe 2.12 current LCU per US$ of GDP compare
- 94 Qatar 2.09 current LCU per US$ of GDP compare
- 95 Sao Tome and Principe 2.06 current LCU per US$ of GDP 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 savings (current lcu), per unit of gdp in Hong Kong?
- Gross savings (current lcu), per unit of gdp in Hong Kong was 2.28 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Hong Kong?
- The highest recorded value was 2.81 current LCU per US$ of GDP in 2008.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Hong Kong?
- The lowest recorded value was 1.88 current LCU per US$ of GDP in 2019.
- How does Hong Kong rank for gross savings (current lcu), per unit of gdp?
- Hong Kong ranks 92nd out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Hong Kong?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is falling.
- Where does this Hong Kong data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.