Inflation, GDP deflator in Hong Kong, China
Hong Kong, China: Inflation, GDP deflator was 1.0% in 2025. ◆ Volatile
Inflation, GDP deflator in Hong Kong, China, 1962–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Hong Kong, China is 1.0%, measured in 2025.
Compared with earlier readings it is down 75.4% on the previous year and down 71.9% over ten years.
Over the whole period, inflation, gdp deflator in Hong Kong, China peaked at 17.8% in 1979 and was at its lowest, -6.0%, in 2003.
That places Hong Kong, China 177th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Hong Kong, China, year by year
| Year | annual % | Change |
|---|---|---|
| 1962 | 2.0% | — |
| 1963 | 3.7% | +88.5% |
| 1964 | 5.0% | +34.5% |
| 1965 | 2.4% | -52.0% |
| 1966 | 0.6% | -76.8% |
| 1967 | 6.6% | +1100.8% |
| 1968 | 3.3% | -49.9% |
| 1969 | 5.6% | +68.0% |
| 1970 | 8.9% | +58.5% |
| 1971 | 7.6% | -13.9% |
| 1972 | 9.2% | +20.0% |
| 1973 | 14.3% | +55.9% |
| 1974 | 11.6% | -18.6% |
| 1975 | 4.5% | -61.6% |
| 1976 | 9.6% | +116.1% |
| 1977 | 3.9% | -60.0% |
| 1978 | 8.1% | +110.5% |
| 1979 | 17.8% | +118.7% |
| 1980 | 15.7% | -11.3% |
| 1981 | 10.6% | -32.6% |
| 1982 | 9.7% | -8.8% |
| 1983 | 4.6% | -52.5% |
| 1984 | 9.6% | +109.5% |
| 1985 | 5.4% | -44.4% |
| 1986 | 3.8% | -29.7% |
| 1987 | 8.6% | +128.4% |
| 1988 | 8.8% | +2.2% |
| 1989 | 12.6% | +42.7% |
| 1990 | 7.6% | -39.8% |
| 1991 | 9.1% | +20.8% |
| 1992 | 9.9% | +8.3% |
| 1993 | 8.6% | -13.0% |
| 1994 | 6.3% | -26.6% |
| 1995 | 4.1% | -34.5% |
| 1996 | 5.9% | +42.1% |
| 1997 | 5.8% | -2.1% |
| 1998 | 1.2% | -78.8% |
| 1999 | -4.1% | -435.7% |
| 2000 | -3.4% | -17.1% |
| 2001 | -1.8% | -47.7% |
| 2002 | -3.4% | +91.8% |
| 2003 | -6.0% | +76.6% |
| 2004 | -3.6% | -40.2% |
| 2005 | -0.2% | -95.8% |
| 2006 | -0.5% | +256.4% |
| 2007 | 3.1% | -686.6% |
| 2008 | 1.3% | -59.2% |
| 2009 | -0.4% | -129.3% |
| 2010 | 0.3% | -172.1% |
| 2011 | 3.9% | +1340.4% |
| 2012 | 3.5% | -9.1% |
| 2013 | 1.8% | -48.9% |
| 2014 | 2.9% | +57.3% |
| 2015 | 3.6% | +27.8% |
| 2016 | 1.6% | -55.0% |
| 2017 | 2.9% | +75.8% |
| 2018 | 3.7% | +27.0% |
| 2019 | 2.0% | -44.1% |
| 2020 | 0.6% | -68.8% |
| 2021 | 0.7% | +7.1% |
| 2022 | 1.7% | +147.0% |
| 2023 | 2.9% | +71.3% |
| 2024 | 4.2% | +43.8% |
| 2025 | 1.0% | -75.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.6% | 0.6% | 6.6% | 8 |
| 1970s | 9.5% | 3.9% | 17.8% | 10 |
| 1980s | 8.9% | 3.8% | 15.7% | 10 |
| 1990s | 5.4% | -4.1% | 9.9% | 10 |
| 2000s | -1.5% | -6.0% | 3.1% | 10 |
| 2010s | 2.6% | 0.3% | 3.9% | 10 |
| 2020s | 1.8% | 0.6% | 4.2% | 6 |
Countries ranked near Hong Kong, China
More economy & growth data for Hong Kong, China
- Final consumption expenditure (constant 2015 US$), per capita 36,488 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 5.72 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9713 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 55,348 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.62 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 7.57 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 431,550 current LCU per person (2025)
- Exports of goods and services (current US$), annual growth rate 15.09 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 2 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per capita 113,828 current US$ per person (2025)
Frequently asked questions
- What is inflation, gdp deflator in Hong Kong, China?
- Inflation, gdp deflator in Hong Kong, China was 1.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Hong Kong, China?
- The highest recorded value was 17.8% in 1979.
- What is the lowest inflation, gdp deflator recorded in Hong Kong, China?
- The lowest recorded value was -6.0% in 2003.
- How does Hong Kong, China rank for inflation, gdp deflator?
- Hong Kong, China ranks 177th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Hong Kong, China?
- Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.