Net secondary income in Hong Kong
Hong Kong: Net secondary income was -2.74 billion BoP, current US$ in 2024. ▼ Falling
Net secondary income in Hong Kong, 1998–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Hong Kong is -2.74 billion BoP, current US$, measured in 2024.
That represents a change of down 25.2% on the previous year and down 7.3% over ten years.
Over the whole period, net secondary income in Hong Kong peaked at -1.26 billion BoP, current US$ in 1999 and was at its lowest, -2.91 billion BoP, current US$, in 2018.
That places Hong Kong 174th out of 199 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 27 years of available data.
Net secondary income in Hong Kong, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1998 | -1.34 billion BoP, current US$ | — |
| 1999 | -1.26 billion BoP, current US$ | -5.5% |
| 2000 | -1.40 billion BoP, current US$ | +11.0% |
| 2001 | -1.46 billion BoP, current US$ | +4.1% |
| 2002 | -1.52 billion BoP, current US$ | +3.9% |
| 2003 | -1.41 billion BoP, current US$ | -6.8% |
| 2004 | -1.50 billion BoP, current US$ | +6.1% |
| 2005 | -1.57 billion BoP, current US$ | +4.6% |
| 2006 | -1.61 billion BoP, current US$ | +2.6% |
| 2007 | -1.81 billion BoP, current US$ | +12.3% |
| 2008 | -2.36 billion BoP, current US$ | +30.8% |
| 2009 | -2.11 billion BoP, current US$ | -10.6% |
| 2010 | -2.26 billion BoP, current US$ | +7.1% |
| 2011 | -2.54 billion BoP, current US$ | +12.4% |
| 2012 | -2.62 billion BoP, current US$ | +3.1% |
| 2013 | -2.69 billion BoP, current US$ | +2.7% |
| 2014 | -2.55 billion BoP, current US$ | -5.2% |
| 2015 | -2.85 billion BoP, current US$ | +11.9% |
| 2016 | -2.70 billion BoP, current US$ | -5.3% |
| 2017 | -2.64 billion BoP, current US$ | -2.4% |
| 2018 | -2.91 billion BoP, current US$ | +10.4% |
| 2019 | -2.76 billion BoP, current US$ | -5.3% |
| 2020 | -2.67 billion BoP, current US$ | -3.2% |
| 2021 | -2.45 billion BoP, current US$ | -8.3% |
| 2022 | -1.87 billion BoP, current US$ | -23.7% |
| 2023 | -2.19 billion BoP, current US$ | +17.1% |
| 2024 | -2.74 billion BoP, current US$ | +25.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.30 billion BoP, current US$ | -1.34 billion BoP, current US$ | -1.26 billion BoP, current US$ | 2 |
| 2000s | -1.68 billion BoP, current US$ | -2.36 billion BoP, current US$ | -1.40 billion BoP, current US$ | 10 |
| 2010s | -2.65 billion BoP, current US$ | -2.91 billion BoP, current US$ | -2.26 billion BoP, current US$ | 10 |
| 2020s | -2.38 billion BoP, current US$ | -2.74 billion BoP, current US$ | -1.87 billion BoP, current US$ | 5 |
Countries ranked near Hong Kong
- 171 Malaysia -2.00 billion BoP, current US$ compare
- 172 Czechia -2.13 billion BoP, current US$ compare
- 173 Bahrain -2.66 billion BoP, current US$ compare
- 175 Macao -3.65 billion BoP, current US$ compare
- 176 Austria -4.26 billion BoP, current US$ compare
- 177 Canada -4.56 billion BoP, current US$ compare
More economy & growth data for Hong Kong
- Gross value added at basic prices (GVA) (current US$), annual growth 7.14 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9766 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 53,003 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.79 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 7.62 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 413,630 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.68 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7859 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 44,784 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.68 % change on previous year (2025)
Frequently asked questions
- What is net secondary income in Hong Kong?
- Net secondary income in Hong Kong was -2.74 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Hong Kong?
- The highest recorded value was -1.26 billion BoP, current US$ in 1999.
- What is the lowest net secondary income recorded in Hong Kong?
- The lowest recorded value was -2.91 billion BoP, current US$ in 2018.
- How does Hong Kong rank for net secondary income?
- Hong Kong ranks 174th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Hong Kong?
- Over the last ten years it is down 7.3%. The long-run trend across the full record is falling.
- Where does this Hong Kong data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.