Gross savings (current US$), per unit of GDP in Hong Kong
Hong Kong: Gross savings (current US$), per unit of GDP was 0.292 current US$ per US$ of GDP in 2024. ▼ Falling
Gross savings (current US$), per unit of GDP in Hong Kong, 1998–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Hong Kong stood at 0.292 current US$ per US$ of GDP.
Compared with earlier readings it is up 18.9% on the previous year and up 15.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Hong Kong peaked at 0.3602 current US$ per US$ of GDP in 2008 and was at its lowest, 0.2404 current US$ per US$ of GDP, in 2019.
Hong Kong ranks 44th of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Gross savings (current US$), per unit of GDP in Hong Kong, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1998 | 0.307 current US$ per US$ of GDP | — |
| 1999 | 0.3142 current US$ per US$ of GDP | +2.3% |
| 2000 | 0.3198 current US$ per US$ of GDP | +1.8% |
| 2001 | 0.3163 current US$ per US$ of GDP | -1.1% |
| 2002 | 0.3107 current US$ per US$ of GDP | -1.7% |
| 2003 | 0.3317 current US$ per US$ of GDP | +6.7% |
| 2004 | 0.3231 current US$ per US$ of GDP | -2.6% |
| 2005 | 0.3294 current US$ per US$ of GDP | +2.0% |
| 2006 | 0.3498 current US$ per US$ of GDP | +6.2% |
| 2007 | 0.3442 current US$ per US$ of GDP | -1.6% |
| 2008 | 0.3602 current US$ per US$ of GDP | +4.7% |
| 2009 | 0.3173 current US$ per US$ of GDP | -11.9% |
| 2010 | 0.3089 current US$ per US$ of GDP | -2.6% |
| 2011 | 0.297 current US$ per US$ of GDP | -3.9% |
| 2012 | 0.268 current US$ per US$ of GDP | -9.8% |
| 2013 | 0.2555 current US$ per US$ of GDP | -4.7% |
| 2014 | 0.2521 current US$ per US$ of GDP | -1.3% |
| 2015 | 0.2486 current US$ per US$ of GDP | -1.4% |
| 2016 | 0.2546 current US$ per US$ of GDP | +2.4% |
| 2017 | 0.2665 current US$ per US$ of GDP | +4.7% |
| 2018 | 0.2573 current US$ per US$ of GDP | -3.4% |
| 2019 | 0.2404 current US$ per US$ of GDP | -6.6% |
| 2020 | 0.2597 current US$ per US$ of GDP | +8.0% |
| 2021 | 0.2861 current US$ per US$ of GDP | +10.2% |
| 2022 | 0.2541 current US$ per US$ of GDP | -11.2% |
| 2023 | 0.2457 current US$ per US$ of GDP | -3.3% |
| 2024 | 0.292 current US$ per US$ of GDP | +18.9% |
Hong Kong compared with similar countries
- Hong Kong's 0.292 current US$ per US$ of GDP is above the median for high income countries, which is 0.237 current US$ per US$ of GDP, 1.2× the median. (63 countries reporting)
- Hong Kong's 0.292 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.2564 current US$ per US$ of GDP, 1.1× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3106 current US$ per US$ of GDP | 0.307 current US$ per US$ of GDP | 0.3142 current US$ per US$ of GDP | 2 |
| 2000s | 0.3302 current US$ per US$ of GDP | 0.3107 current US$ per US$ of GDP | 0.3602 current US$ per US$ of GDP | 10 |
| 2010s | 0.2649 current US$ per US$ of GDP | 0.2404 current US$ per US$ of GDP | 0.3089 current US$ per US$ of GDP | 10 |
| 2020s | 0.2675 current US$ per US$ of GDP | 0.2457 current US$ per US$ of GDP | 0.292 current US$ per US$ of GDP | 5 |
Countries ranked near Hong Kong
- 41 Turkey 0.2991 current US$ per US$ of GDP compare
- 42 Uzbekistan 0.2954 current US$ per US$ of GDP compare
- 43 Morocco 0.2938 current US$ per US$ of GDP compare
- 45 Kazakhstan 0.2899 current US$ per US$ of GDP compare
- 46 Saudi Arabia 0.289 current US$ per US$ of GDP compare
- 47 Netherlands 0.2883 current US$ 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 us$), per unit of gdp in Hong Kong?
- Gross savings (current us$), per unit of gdp in Hong Kong was 0.292 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Hong Kong?
- The highest recorded value was 0.3602 current US$ per US$ of GDP in 2008.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Hong Kong?
- The lowest recorded value was 0.2404 current US$ per US$ of GDP in 2019.
- How does Hong Kong rank for gross savings (current us$), per unit of gdp?
- Hong Kong ranks 44th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Hong Kong?
- Over the last ten years it is up 15.8%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.