Trade in services as share of GDP in Hong Kong, China
Hong Kong, China: Trade in services as share of GDP was 48.6% in 2024. ▬ Flat
Trade in services as share of GDP in Hong Kong, China, 1998–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Hong Kong, China recorded 48.6% for trade in services as share of gdp in 2024.
Compared with earlier readings it is up 5.0% on the previous year and down 21.6% over ten years.
Over the whole period, trade in services as share of gdp in Hong Kong, China peaked at 66.7% in 2012 and was at its lowest, 35.3%, in 2020.
That places Hong Kong, China 31st out of 198 countries with data for 2024, putting it in the top quarter.
Trade in services as share of GDP in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 41.5% | — |
| 1999 | 42.6% | +2.6% |
| 2000 | 44.3% | +4.1% |
| 2001 | 44.4% | +0.2% |
| 2002 | 46.7% | +5.1% |
| 2003 | 47.9% | +2.6% |
| 2004 | 53.9% | +12.5% |
| 2005 | 57.1% | +6.0% |
| 2006 | 61.0% | +7.0% |
| 2007 | 62.9% | +3.1% |
| 2008 | 65.0% | +3.3% |
| 2009 | 58.8% | -9.6% |
| 2010 | 66.0% | +12.3% |
| 2011 | 66.6% | +0.9% |
| 2012 | 66.7% | +0.1% |
| 2013 | 65.3% | -2.1% |
| 2014 | 62.1% | -4.9% |
| 2015 | 57.7% | -7.1% |
| 2016 | 53.9% | -6.5% |
| 2017 | 53.3% | -1.2% |
| 2018 | 53.9% | +1.1% |
| 2019 | 50.4% | -6.4% |
| 2020 | 35.3% | -29.9% |
| 2021 | 38.2% | +8.1% |
| 2022 | 40.8% | +6.8% |
| 2023 | 46.3% | +13.5% |
| 2024 | 48.6% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.0% | 41.5% | 42.6% | 2 |
| 2000s | 54.2% | 44.3% | 65.0% | 10 |
| 2010s | 59.6% | 50.4% | 66.7% | 10 |
| 2020s | 41.8% | 35.3% | 48.6% | 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 trade in services as share of gdp in Hong Kong, China?
- Trade in services as share of gdp in Hong Kong, China was 48.6% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Hong Kong, China?
- The highest recorded value was 66.7% in 2012.
- What is the lowest trade in services as share of gdp recorded in Hong Kong, China?
- The lowest recorded value was 35.3% in 2020.
- How does Hong Kong, China rank for trade in services as share of gdp?
- Hong Kong, China ranks 31st out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Hong Kong, China?
- Over the last ten years it is down 21.6%. The long-run trend across the full record is flat.
- Where does this Hong Kong, China data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).