Primary income payments in Hong Kong
Hong Kong: Primary income payments was 245.64 billion BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Hong Kong, 1998–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Hong Kong recorded 245.64 billion BoP, current US$ for primary income payments in 2024. That is the highest value across all 27 years on record.
That represents a change of up 8.6% on the previous year and up 57.7% over ten years.
Over the whole period, primary income payments in Hong Kong peaked at 245.64 billion BoP, current US$ in 2024 and was at its lowest, 39.58 billion BoP, current US$, in 2003.
That places Hong Kong 11th out of 199 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Hong Kong, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1998 | 42.78 billion BoP, current US$ | — |
| 1999 | 43.67 billion BoP, current US$ | +2.1% |
| 2000 | 53.44 billion BoP, current US$ | +22.4% |
| 2001 | 44.45 billion BoP, current US$ | -16.8% |
| 2002 | 40.84 billion BoP, current US$ | -8.1% |
| 2003 | 39.58 billion BoP, current US$ | -3.1% |
| 2004 | 49.08 billion BoP, current US$ | +24.0% |
| 2005 | 64.68 billion BoP, current US$ | +31.8% |
| 2006 | 80.38 billion BoP, current US$ | +24.3% |
| 2007 | 109.03 billion BoP, current US$ | +35.6% |
| 2008 | 107.90 billion BoP, current US$ | -1.0% |
| 2009 | 95.14 billion BoP, current US$ | -11.8% |
| 2010 | 114.83 billion BoP, current US$ | +20.7% |
| 2011 | 129.32 billion BoP, current US$ | +12.6% |
| 2012 | 136.89 billion BoP, current US$ | +5.9% |
| 2013 | 147.37 billion BoP, current US$ | +7.7% |
| 2014 | 155.81 billion BoP, current US$ | +5.7% |
| 2015 | 158.68 billion BoP, current US$ | +1.8% |
| 2016 | 156.02 billion BoP, current US$ | -1.7% |
| 2017 | 167.69 billion BoP, current US$ | +7.5% |
| 2018 | 190.81 billion BoP, current US$ | +13.8% |
| 2019 | 195.27 billion BoP, current US$ | +2.3% |
| 2020 | 179.00 billion BoP, current US$ | -8.3% |
| 2021 | 189.90 billion BoP, current US$ | +6.1% |
| 2022 | 207.13 billion BoP, current US$ | +9.1% |
| 2023 | 226.23 billion BoP, current US$ | +9.2% |
| 2024 | 245.64 billion BoP, current US$ | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.22 billion BoP, current US$ | 42.78 billion BoP, current US$ | 43.67 billion BoP, current US$ | 2 |
| 2000s | 68.45 billion BoP, current US$ | 39.58 billion BoP, current US$ | 109.03 billion BoP, current US$ | 10 |
| 2010s | 155.27 billion BoP, current US$ | 114.83 billion BoP, current US$ | 195.27 billion BoP, current US$ | 10 |
| 2020s | 209.58 billion BoP, current US$ | 179.00 billion BoP, current US$ | 245.64 billion BoP, current US$ | 5 |
Countries ranked near Hong Kong
- 8 Singapore 321.53 billion BoP, current US$ compare
- 9 Germany 284.85 billion BoP, current US$ compare
- 10 Switzerland 256.00 billion BoP, current US$ compare
- 12 Canada 196.42 billion BoP, current US$ compare
- 13 Japan 176.57 billion BoP, current US$ compare
- 14 Italy 144.66 billion BoP, current US$ compare
More economy & growth data for Hong Kong
- Services, value added (constant LCU), per capita 383,758 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.02 % change on previous year (2025)
- 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)
Frequently asked questions
- What is primary income payments in Hong Kong?
- Primary income payments in Hong Kong was 245.64 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Hong Kong?
- The highest recorded value was 245.64 billion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Hong Kong?
- The lowest recorded value was 39.58 billion BoP, current US$ in 2003.
- How does Hong Kong rank for primary income payments?
- Hong Kong ranks 11th out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Hong Kong?
- Over the last ten years it is up 57.7%. The long-run trend across the full record is volatile.
- 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 Primary income payments (BoP, current US$). 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
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.