Revenue Statistics in Asia and the Pacific - Comparative tax and in Hong Kong
Hong Kong: Revenue Statistics in Asia and the Pacific - Comparative tax and was 13.28 Percentage of GDP in 2024. ▬ Flat
Revenue Statistics in Asia and the Pacific - Comparative tax and in Hong Kong, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in asia and the pacific - comparative tax and in Hong Kong is 13.28 Percentage of GDP, measured in 2024.
That represents a change of up 1.4% on the previous year and down 13.9% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Hong Kong peaked at 15.42 Percentage of GDP in 2014 and was at its lowest, 12.18 Percentage of GDP, in 2019.
That places Hong Kong 27th out of 35 countries with data for 2024, putting it in the bottom quarter.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Hong Kong, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 13.3 Percentage of GDP | — |
| 2011 | 14.08 Percentage of GDP | +5.8% |
| 2012 | 13.55 Percentage of GDP | -3.7% |
| 2013 | 13.31 Percentage of GDP | -1.8% |
| 2014 | 15.42 Percentage of GDP | +15.8% |
| 2015 | 14.27 Percentage of GDP | -7.5% |
| 2016 | 13.74 Percentage of GDP | -3.7% |
| 2017 | 14.07 Percentage of GDP | +2.4% |
| 2018 | 13.5 Percentage of GDP | -4.1% |
| 2019 | 12.18 Percentage of GDP | -9.8% |
| 2020 | 13.79 Percentage of GDP | +13.2% |
| 2021 | 14.6 Percentage of GDP | +5.9% |
| 2022 | 14.14 Percentage of GDP | -3.1% |
| 2023 | 13.1 Percentage of GDP | -7.4% |
| 2024 | 13.28 Percentage of GDP | +1.4% |
Hong Kong compared with similar countries
- Hong Kong's 13.28 Percentage of GDP is below the median for high income countries, which is 22.48 Percentage of GDP, 59% of the median. (6 countries reporting)
- Hong Kong's 13.28 Percentage of GDP is below the median for East Asia & Pacific, which is 17.97 Percentage of GDP, 74% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.74 Percentage of GDP | 12.18 Percentage of GDP | 15.42 Percentage of GDP | 10 |
| 2020s | 13.78 Percentage of GDP | 13.1 Percentage of GDP | 14.6 Percentage of GDP | 5 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- 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 revenue statistics in asia and the pacific - comparative tax and in Hong Kong?
- Revenue statistics in asia and the pacific - comparative tax and in Hong Kong was 13.28 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Hong Kong?
- The highest recorded value was 15.42 Percentage of GDP in 2014.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Hong Kong?
- The lowest recorded value was 12.18 Percentage of GDP in 2019.
- How does Hong Kong rank for revenue statistics in asia and the pacific - comparative tax and?
- Hong Kong ranks 27th out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Hong Kong?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is flat.
- Where does this Hong Kong data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.