Personal remittances, paid in Hong Kong
Hong Kong: Personal remittances, paid was 1.09 billion current US$ in 2024. ▲ Rising
Personal remittances, paid in Hong Kong, 1998–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Hong Kong stood at 1.09 billion current US$. That is the highest value across all 27 years on record.
The figure is up 12.5% on the previous year and up 52.8% over ten years.
Over the whole period, personal remittances, paid in Hong Kong peaked at 1.09 billion current US$ in 2024 and was at its lowest, 167.07 million current US$, in 1999.
That places Hong Kong 55th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Personal remittances, paid in Hong Kong, year by year
| Year | current US$ | Change |
|---|---|---|
| 1998 | 175.20 million current US$ | — |
| 1999 | 167.07 million current US$ | -4.6% |
| 2000 | 225.38 million current US$ | +34.9% |
| 2001 | 308.51 million current US$ | +36.9% |
| 2002 | 298.89 million current US$ | -3.1% |
| 2003 | 317.21 million current US$ | +6.1% |
| 2004 | 320.62 million current US$ | +1.1% |
| 2005 | 348.09 million current US$ | +8.6% |
| 2006 | 376.55 million current US$ | +8.2% |
| 2007 | 387.62 million current US$ | +2.9% |
| 2008 | 393.11 million current US$ | +1.4% |
| 2009 | 413.33 million current US$ | +5.1% |
| 2010 | 482.94 million current US$ | +16.8% |
| 2011 | 554.35 million current US$ | +14.8% |
| 2012 | 607.12 million current US$ | +9.5% |
| 2013 | 656.40 million current US$ | +8.1% |
| 2014 | 711.50 million current US$ | +8.4% |
| 2015 | 758.67 million current US$ | +6.6% |
| 2016 | 816.53 million current US$ | +7.6% |
| 2017 | 875.47 million current US$ | +7.2% |
| 2018 | 933.97 million current US$ | +6.7% |
| 2019 | 997.22 million current US$ | +6.8% |
| 2020 | 908.55 million current US$ | -8.9% |
| 2021 | 905.02 million current US$ | -0.4% |
| 2022 | 901.37 million current US$ | -0.4% |
| 2023 | 966.75 million current US$ | +7.3% |
| 2024 | 1.09 billion current US$ | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 171.14 million current US$ | 167.07 million current US$ | 175.20 million current US$ | 2 |
| 2000s | 338.93 million current US$ | 225.38 million current US$ | 413.33 million current US$ | 10 |
| 2010s | 739.42 million current US$ | 482.94 million current US$ | 997.22 million current US$ | 10 |
| 2020s | 953.79 million current US$ | 901.37 million current US$ | 1.09 billion current US$ | 5 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- 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)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 7.17 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 408,572 constant LCU per person (2025)
- GDP (current US$), annual growth rate 4.64 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Hong Kong?
- Personal remittances, paid in Hong Kong was 1.09 billion current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Hong Kong?
- The highest recorded value was 1.09 billion current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Hong Kong?
- The lowest recorded value was 167.07 million current US$ in 1999.
- How does Hong Kong rank for personal remittances, paid?
- Hong Kong ranks 55th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Hong Kong?
- Over the last ten years it is up 52.8%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.