Personal remittances, received in Hong Kong, China
Hong Kong, China: Personal remittances, received was 0.1% in 2024. ▲ Rising
Personal remittances, received in Hong Kong, China, 1998–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Hong Kong, China is 0.1%, measured in 2024.
The figure is down 6.0% on the previous year and down 12.3% over ten years.
Over the whole period, personal remittances, received in Hong Kong, China peaked at 0.2% in 2005 and was at its lowest, 0.1%, in 2002.
That places Hong Kong, China 176th out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Personal remittances, received in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 0.1% | — |
| 1999 | 0.1% | -13.5% |
| 2000 | 0.1% | +0.3% |
| 2001 | 0.1% | +14.3% |
| 2002 | 0.1% | -19.7% |
| 2003 | 0.1% | +2.4% |
| 2004 | 0.1% | +91.3% |
| 2005 | 0.2% | +15.2% |
| 2006 | 0.2% | -7.0% |
| 2007 | 0.1% | -1.4% |
| 2008 | 0.2% | +8.2% |
| 2009 | 0.2% | +0.3% |
| 2010 | 0.1% | -8.6% |
| 2011 | 0.1% | -4.7% |
| 2012 | 0.1% | -1.3% |
| 2013 | 0.1% | -6.4% |
| 2014 | 0.1% | -2.2% |
| 2015 | 0.1% | -2.2% |
| 2016 | 0.1% | -0.4% |
| 2017 | 0.1% | +2.8% |
| 2018 | 0.1% | -8.3% |
| 2019 | 0.1% | +5.9% |
| 2020 | 0.1% | -0.5% |
| 2021 | 0.1% | -0.7% |
| 2022 | 0.1% | -5.0% |
| 2023 | 0.1% | +2.1% |
| 2024 | 0.1% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 2 |
| 2000s | 0.1% | 0.1% | 0.2% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 5 |
Countries ranked near Hong Kong, China
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 personal remittances, received in Hong Kong, China?
- Personal remittances, received in Hong Kong, China was 0.1% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Hong Kong, China?
- The highest recorded value was 0.2% in 2005.
- What is the lowest personal remittances, received recorded in Hong Kong, China?
- The lowest recorded value was 0.1% in 2002.
- How does Hong Kong, China rank for personal remittances, received?
- Hong Kong, China ranks 176th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Hong Kong, China?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.