Manufacturing, value added (current LCU) in Hong Kong
Hong Kong: Manufacturing, value added (current LCU) was 29.78 billion current LCU in 2024. ▼ Falling
Manufacturing, value added in Hong Kong, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Hong Kong stood at 29.78 billion current LCU.
The figure is up 5.6% on the previous year and up 6.8% over ten years.
Over the whole period, manufacturing, value added in Hong Kong peaked at 61.40 billion current LCU in 2000 and was at its lowest, 25.52 billion current LCU, in 2020.
Hong Kong ranks 120th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing, value added (current LCU) in Hong Kong, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 61.40 billion current LCU | — |
| 2001 | 53.58 billion current LCU | -12.7% |
| 2002 | 45.77 billion current LCU | -14.6% |
| 2003 | 39.02 billion current LCU | -14.7% |
| 2004 | 39.47 billion current LCU | +1.1% |
| 2005 | 39.65 billion current LCU | +0.5% |
| 2006 | 39.69 billion current LCU | +0.1% |
| 2007 | 32.37 billion current LCU | -18.4% |
| 2008 | 31.51 billion current LCU | -2.7% |
| 2009 | 28.71 billion current LCU | -8.9% |
| 2010 | 30.41 billion current LCU | +5.9% |
| 2011 | 30.58 billion current LCU | +0.6% |
| 2012 | 30.60 billion current LCU | +0.1% |
| 2013 | 30.16 billion current LCU | -1.5% |
| 2014 | 27.89 billion current LCU | -7.5% |
| 2015 | 26.72 billion current LCU | -4.2% |
| 2016 | 26.84 billion current LCU | +0.5% |
| 2017 | 27.30 billion current LCU | +1.7% |
| 2018 | 27.57 billion current LCU | +1.0% |
| 2019 | 29.37 billion current LCU | +6.5% |
| 2020 | 25.52 billion current LCU | -13.1% |
| 2021 | 26.18 billion current LCU | +2.5% |
| 2022 | 26.60 billion current LCU | +1.6% |
| 2023 | 28.21 billion current LCU | +6.0% |
| 2024 | 29.78 billion current LCU | +5.6% |
Hong Kong compared with similar countries
- Hong Kong's 29.78 billion current LCU is below the median for high income countries, which is 34.51 billion current LCU, 86% of the median. (75 countries reporting)
- Hong Kong's 29.78 billion current LCU is below the median for East Asia & Pacific, which is 32.15 billion current LCU, 93% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.12 billion current LCU | 28.71 billion current LCU | 61.40 billion current LCU | 10 |
| 2010s | 28.74 billion current LCU | 26.72 billion current LCU | 30.60 billion current LCU | 10 |
| 2020s | 27.26 billion current LCU | 25.52 billion current LCU | 29.78 billion current LCU | 5 |
Countries ranked near Hong Kong
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 manufacturing, value added in Hong Kong?
- Manufacturing, value added in Hong Kong was 29.78 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Hong Kong?
- The highest recorded value was 61.40 billion current LCU in 2000.
- What is the lowest manufacturing, value added recorded in Hong Kong?
- The lowest recorded value was 25.52 billion current LCU in 2020.
- How does Hong Kong rank for manufacturing, value added?
- Hong Kong ranks 120th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Hong Kong?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is falling.
- Where does this Hong Kong data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.