Gross savings (current US$), annual growth rate in Hong Kong
Hong Kong: Gross savings (current US$), annual growth rate was 27.47 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Hong Kong, 1999–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current us$), annual growth rate in Hong Kong stood at 27.47 % change on previous year. That is the highest value across all 26 years on record.
That represents a change of up 945.4% on the previous year and up 534.2% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Hong Kong peaked at 27.47 % change on previous year in 2024 and was at its lowest, -14.02 % change on previous year, in 2009.
Hong Kong ranks 23rd of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1999 | 0.4339 % change on previous year | — |
| 2000 | 5.41 % change on previous year | +1147.3% |
| 2001 | -2.41 % change on previous year | -144.5% |
| 2002 | -3.52 % change on previous year | +46.2% |
| 2003 | 3.55 % change on previous year | -200.9% |
| 2004 | 2.06 % change on previous year | -41.9% |
| 2005 | 9.48 % change on previous year | +359.8% |
| 2006 | 13.18 % change on previous year | +39.0% |
| 2007 | 7.58 % change on previous year | -42.5% |
| 2008 | 8.47 % change on previous year | +11.7% |
| 2009 | -14.02 % change on previous year | -265.5% |
| 2010 | 3.99 % change on previous year | -128.5% |
| 2011 | 4.5 % change on previous year | +12.8% |
| 2012 | -4.65 % change on previous year | -203.2% |
| 2013 | 0.0823 % change on previous year | -101.8% |
| 2014 | 4.33 % change on previous year | +5165.3% |
| 2015 | 4.65 % change on previous year | +7.4% |
| 2016 | 6.22 % change on previous year | +33.8% |
| 2017 | 11.33 % change on previous year | +82.0% |
| 2018 | 2.34 % change on previous year | -79.3% |
| 2019 | -6.22 % change on previous year | -365.9% |
| 2020 | 2.63 % change on previous year | -142.3% |
| 2021 | 17.84 % change on previous year | +578.0% |
| 2022 | -13.65 % change on previous year | -176.5% |
| 2023 | 2.63 % change on previous year | -119.2% |
| 2024 | 27.47 % change on previous year | +945.4% |
Hong Kong compared with similar countries
- Hong Kong's 27.47 % change on previous year is above the median for high income countries, which is 6.87 % change on previous year, 4.0× the median. (63 countries reporting)
- Hong Kong's 27.47 % change on previous year is above the median for East Asia & Pacific, which is 4.17 % change on previous year, 6.6× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate in Hong Kong changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +5165.3% | 0.0823 % change on previous year | 4.33 % change on previous year |
| 2000 | +1147.3% | 0.4339 % change on previous year | 5.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4339 % change on previous year | 0.4339 % change on previous year | 0.4339 % change on previous year | 1 |
| 2000s | 2.98 % change on previous year | -14.02 % change on previous year | 13.18 % change on previous year | 10 |
| 2010s | 2.66 % change on previous year | -6.22 % change on previous year | 11.33 % change on previous year | 10 |
| 2020s | 7.38 % change on previous year | -13.65 % change on previous year | 27.47 % change on previous year | 5 |
Countries ranked near Hong Kong
- 20 Vanuatu 29.65 % change on previous year compare
- 21 Tajikistan 29.17 % change on previous year compare
- 22 Haiti 27.5 % change on previous year compare
- 24 Sri Lanka 25.57 % change on previous year compare
- 25 Democratic Republic of Congo 25.18 % change on previous year compare
- 26 Greece 24.55 % change on previous year compare
More economy & growth data for Hong Kong
- Foreign direct investment, net outflows (BoP, current US$), 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 savings (current us$), annual growth rate in Hong Kong?
- Gross savings (current us$), annual growth rate in Hong Kong was 27.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Hong Kong?
- The highest recorded value was 27.47 % change on previous year in 2024.
- What is the lowest gross savings (current us$), annual growth rate recorded in Hong Kong?
- The lowest recorded value was -14.02 % change on previous year in 2009.
- How does Hong Kong rank for gross savings (current us$), annual growth rate?
- Hong Kong ranks 23rd out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Hong Kong?
- Over the last ten years it is up 534.2%. 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 savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.