Manufacturing, value added in Hong Kong, China
Hong Kong, China: Manufacturing, value added was 0.9% in 2024. ◆ Volatile
Manufacturing, value added in Hong Kong, China, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, manufacturing, value added in Hong Kong, China stood at 0.9%.
The figure is down 1.2% on the previous year and down 24.3% over ten years.
Over the whole period, manufacturing, value added in Hong Kong, China peaked at 4.6% in 2000 and was at its lowest, 0.9%, in 2021.
That places Hong Kong, China 196th out of 205 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 4.6% | — |
| 2001 | 4.1% | -11.7% |
| 2002 | 3.5% | -13.0% |
| 2003 | 3.1% | -12.0% |
| 2004 | 3.0% | -3.5% |
| 2005 | 2.8% | -6.3% |
| 2006 | 2.6% | -6.0% |
| 2007 | 2.0% | -25.7% |
| 2008 | 1.8% | -5.9% |
| 2009 | 1.7% | -6.2% |
| 2010 | 1.7% | -1.1% |
| 2011 | 1.6% | -7.7% |
| 2012 | 1.5% | -5.0% |
| 2013 | 1.4% | -6.1% |
| 2014 | 1.2% | -12.5% |
| 2015 | 1.1% | -9.7% |
| 2016 | 1.1% | -3.2% |
| 2017 | 1.0% | -4.8% |
| 2018 | 1.0% | -5.3% |
| 2019 | 1.0% | +6.2% |
| 2020 | 1.0% | -7.6% |
| 2021 | 0.9% | -4.3% |
| 2022 | 0.9% | +3.8% |
| 2023 | 0.9% | -0.1% |
| 2024 | 0.9% | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 1.7% | 4.6% | 10 |
| 2010s | 1.3% | 1.0% | 1.7% | 10 |
| 2020s | 0.9% | 0.9% | 1.0% | 5 |
Countries ranked near Hong Kong, China
- 193 Palau 1.2% compare
- 194 Sint Maarten (Dutch part) 1.2% compare
- 195 Tuvalu 1.0% compare
- 197 Cayman Islands 0.9% compare
- 198 Channel Islands 0.8% compare
- 199 Macau, China 0.6% compare
More economy & growth data for Hong Kong, China
- 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, China?
- Manufacturing, value added in Hong Kong, China was 0.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Hong Kong, China?
- The highest recorded value was 4.6% in 2000.
- What is the lowest manufacturing, value added recorded in Hong Kong, China?
- The lowest recorded value was 0.9% in 2021.
- How does Hong Kong, China rank for manufacturing, value added?
- Hong Kong, China ranks 196th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Hong Kong, China?
- Over the last ten years it is down 24.3%. 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 Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.