Gross value added at basic prices (GVA) (current US$), annual growth in Hong Kong
Hong Kong: Gross value added at basic prices (GVA) (current US$), annual growth was 7.14 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Hong Kong, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Hong Kong recorded 7.14 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024.
Compared with earlier readings it is up 8.7% on the previous year and up 38.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Hong Kong peaked at 9.58 % change on previous year in 2010 and was at its lowest, -5.62 % change on previous year, in 2020.
Hong Kong ranks 123rd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -1.11 % change on previous year | — |
| 2002 | -1.59 % change on previous year | +43.1% |
| 2003 | -1.66 % change on previous year | +4.5% |
| 2004 | 4.73 % change on previous year | -384.2% |
| 2005 | 7.36 % change on previous year | +55.5% |
| 2006 | 7.06 % change on previous year | -4.0% |
| 2007 | 8.47 % change on previous year | +19.9% |
| 2008 | 1.11 % change on previous year | -86.9% |
| 2009 | -1.92 % change on previous year | -272.7% |
| 2010 | 9.58 % change on previous year | -600.3% |
| 2011 | 9.22 % change on previous year | -3.8% |
| 2012 | 6.27 % change on previous year | -32.0% |
| 2013 | 4.23 % change on previous year | -32.5% |
| 2014 | 5.17 % change on previous year | +22.2% |
| 2015 | 5.45 % change on previous year | +5.4% |
| 2016 | 3.83 % change on previous year | -29.6% |
| 2017 | 5.09 % change on previous year | +32.8% |
| 2018 | 5.24 % change on previous year | +2.9% |
| 2019 | 1.53 % change on previous year | -70.9% |
| 2020 | -5.62 % change on previous year | -468.4% |
| 2021 | 7.01 % change on previous year | -224.7% |
| 2022 | -1.12 % change on previous year | -115.9% |
| 2023 | 6.57 % change on previous year | -687.5% |
| 2024 | 7.14 % change on previous year | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.49 % change on previous year | -1.92 % change on previous year | 8.47 % change on previous year | 9 |
| 2010s | 5.56 % change on previous year | 1.53 % change on previous year | 9.58 % change on previous year | 10 |
| 2020s | 2.8 % change on previous year | -5.62 % change on previous year | 7.14 % change on previous year | 5 |
Countries ranked near Hong Kong
- 120 Antigua and Barbuda 7.59 % change on previous year compare
- 121 Mongolia 7.52 % change on previous year compare
- 122 Switzerland 7.5 % change on previous year compare
- 124 Mauritania 7.13 % change on previous year compare
- 125 Seychelles 7 % change on previous year compare
- 126 Bermuda 6.98 % change on previous year compare
More economy & growth data for Hong Kong
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9766 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 53,003 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.79 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 7.62 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 413,630 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.68 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7859 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 44,784 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.68 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 7.17 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Hong Kong?
- Gross value added at basic prices (gva) (current us$), annual growth in Hong Kong was 7.14 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Hong Kong?
- The highest recorded value was 9.58 % change on previous year in 2010.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Hong Kong?
- The lowest recorded value was -5.62 % change on previous year in 2020.
- How does Hong Kong rank for gross value added at basic prices (gva) (current us$), annual growth?
- Hong Kong ranks 123rd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Hong Kong?
- Over the last ten years it is up 38.2%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.