Industry (including construction) … current LCU rate annual growth in Hong Kong
Hong Kong: Industry (including construction) … current LCU rate annual growth was 4.95 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (current LCU), annual in Hong Kong, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, industry (including construction), value added (current lcu), annual in Hong Kong stood at 4.95 % change on previous year.
Compared with earlier readings it is down 23.4% on the previous year and down 34.2% over ten years.
Over the whole period, industry (including construction), value added (current lcu), annual in Hong Kong peaked at 10 % change on previous year in 2016 and was at its lowest, -10.22 % change on previous year, in 2003.
Hong Kong ranks 125th of 207 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.
Industry (including construction) … current LCU rate annual growth in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -7.23 % change on previous year | — |
| 2002 | -7.96 % change on previous year | +10.1% |
| 2003 | -10.22 % change on previous year | +28.4% |
| 2004 | -2.49 % change on previous year | -75.6% |
| 2005 | -1.13 % change on previous year | -54.5% |
| 2006 | 0.6472 % change on previous year | -157.1% |
| 2007 | -5.37 % change on previous year | -929.2% |
| 2008 | 5.1 % change on previous year | -195.1% |
| 2009 | -4.64 % change on previous year | -191.0% |
| 2010 | 6.51 % change on previous year | -240.1% |
| 2011 | 7.01 % change on previous year | +7.8% |
| 2012 | 7.3 % change on previous year | +4.2% |
| 2013 | 6.55 % change on previous year | -10.3% |
| 2014 | 7.51 % change on previous year | +14.7% |
| 2015 | 5.98 % change on previous year | -20.5% |
| 2016 | 10 % change on previous year | +67.3% |
| 2017 | 3.12 % change on previous year | -68.8% |
| 2018 | -4.32 % change on previous year | -238.5% |
| 2019 | -3.13 % change on previous year | -27.4% |
| 2020 | -7.21 % change on previous year | +130.2% |
| 2021 | 4.04 % change on previous year | -156.0% |
| 2022 | 2.41 % change on previous year | -40.3% |
| 2023 | 6.46 % change on previous year | +168.1% |
| 2024 | 4.95 % change on previous year | -23.4% |
Hong Kong compared with similar countries
- Hong Kong's 4.95 % change on previous year is above the median for high income countries, which is 3.19 % change on previous year, 1.6× the median. (77 countries reporting)
- Hong Kong's 4.95 % change on previous year is below the median for East Asia & Pacific, which is 7.14 % change on previous year, 69% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current LCU rate annual growth 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 |
|---|---|---|---|
| 2007 | -929.2% | 0.6472 % change on previous year | -5.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.7 % change on previous year | -10.22 % change on previous year | 5.1 % change on previous year | 9 |
| 2010s | 4.65 % change on previous year | -4.32 % change on previous year | 10 % change on previous year | 10 |
| 2020s | 2.13 % change on previous year | -7.21 % change on previous year | 6.46 % change on previous year | 5 |
Countries ranked near Hong Kong
- 122 Costa Rica 5.13 % change on previous year compare
- 123 Cyprus 5.04 % change on previous year compare
- 124 Tunisia 5 % change on previous year compare
- 126 New Zealand 4.94 % change on previous year compare
- 127 Turks and Caicos Islands 4.89 % change on previous year compare
- 128 Mauritania 4.86 % 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 industry (including construction), value added (current lcu), annual in Hong Kong?
- Industry (including construction), value added (current lcu), annual in Hong Kong was 4.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current lcu), annual recorded in Hong Kong?
- The highest recorded value was 10 % change on previous year in 2016.
- What is the lowest industry (including construction), value added (current lcu), annual recorded in Hong Kong?
- The lowest recorded value was -10.22 % change on previous year in 2003.
- How does Hong Kong rank for industry (including construction), value added (current lcu), annual?
- Hong Kong ranks 125th out of 207 countries with data for 2024.
- Is industry (including construction), value added (current lcu), annual rising or falling in Hong Kong?
- Over the last ten years it is down 34.2%. 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 Industry (including construction), value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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 Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added 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 Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.