Gross value added at basic prices (GVA) in Hong Kong

Hong Kong: Gross value added at basic prices (GVA) was 398.80 billion current US$ in 2024. ▲ Rising

Latest (2024)
398.80 billion current US$
Change on year
up 7.1%
World rank
37th
of 204 countries
All-time high
398.80 billion current US$
in 2024
All-time low
157.58 billion current US$
in 2003
Years of data
25
2000–2024

Gross value added at basic prices (GVA) in Hong Kong, 2000–2024

0100.0B200.0B300.0B400.0B2000201220242000: 164.7B current US$2001: 162.8B current US$2002: 160.3B current US$2003: 157.6B current US$2004: 165.0B current US$2005: 177.2B current US$2006: 189.7B current US$2007: 205.8B current US$2008: 208.0B current US$2009: 204.1B current US$2010: 223.6B current US$2011: 244.2B current US$2012: 259.5B current US$2013: 270.5B current US$2014: 284.5B current US$2015: 300.0B current US$2016: 311.5B current US$2017: 327.3B current US$2018: 344.5B current US$2019: 349.8B current US$2020: 330.1B current US$2021: 353.2B current US$2022: 349.3B current US$2023: 372.2B current US$2024: 398.8B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Hong Kong recorded 398.80 billion current US$ for gross value added at basic prices (gva) in 2024. That is the highest value across all 25 years on record.

That represents a change of up 7.1% on the previous year and up 40.2% over ten years.

Over the whole period, gross value added at basic prices (gva) in Hong Kong peaked at 398.80 billion current US$ in 2024 and was at its lowest, 157.58 billion current US$, in 2003.

Hong Kong ranks 37th of 204 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 179.51 billion current US$ 157.58 billion current US$ 208.04 billion current US$ 10
2010s 291.55 billion current US$ 223.61 billion current US$ 349.76 billion current US$ 10
2020s 360.73 billion current US$ 330.10 billion current US$ 398.80 billion current US$ 5

Countries ranked near Hong Kong

  1. 34 Bangladesh 445.31 billion current US$ compare
  2. 35 Colombia 412.64 billion current US$ compare
  3. 36 Denmark 410.13 billion current US$ compare
  4. 38 Romania 386.20 billion current US$ compare
  5. 39 South Africa 384.40 billion current US$ compare
  6. 40 Pakistan 382.92 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is gross value added at basic prices (gva) in Hong Kong?
Gross value added at basic prices (gva) in Hong Kong was 398.80 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Hong Kong?
The highest recorded value was 398.80 billion current US$ in 2024.
What is the lowest gross value added at basic prices (gva) recorded in Hong Kong?
The lowest recorded value was 157.58 billion current US$ in 2003.
How does Hong Kong rank for gross value added at basic prices (gva)?
Hong Kong ranks 37th out of 204 countries with data for 2024.
Is gross value added at basic prices (gva) rising or falling in Hong Kong?
Over the last ten years it is up 40.2%. The long-run trend across the full record is rising.
Where does this Hong Kong data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.