Services, value added in Hong Kong, China
Hong Kong, China: Services, value added was 91.5% in 2024. ▲ Rising
Services, value added in Hong Kong, China, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in Hong Kong, China is 91.5%, measured in 2024.
That represents a change of up 1.1% over ten years.
Over the whole period, services, value added in Hong Kong, China peaked at 91.9% in 2012 and was at its lowest, 83.8%, in 2000.
Hong Kong, China ranks 3rd of 206 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 83.8% | — |
| 2001 | 84.7% | +1.1% |
| 2002 | 85.6% | +1.1% |
| 2003 | 87.7% | +2.5% |
| 2004 | 88.4% | +0.7% |
| 2005 | 89.1% | +0.8% |
| 2006 | 90.0% | +1.0% |
| 2007 | 90.3% | +0.4% |
| 2008 | 87.8% | -2.7% |
| 2009 | 88.4% | +0.7% |
| 2010 | 90.9% | +2.8% |
| 2011 | 91.5% | +0.7% |
| 2012 | 91.9% | +0.5% |
| 2013 | 91.1% | -0.9% |
| 2014 | 90.5% | -0.7% |
| 2015 | 89.8% | -0.7% |
| 2016 | 89.5% | -0.3% |
| 2017 | 88.6% | -1.0% |
| 2018 | 88.7% | +0.1% |
| 2019 | 90.0% | +1.5% |
| 2020 | 89.4% | -0.6% |
| 2021 | 89.7% | +0.3% |
| 2022 | 91.1% | +1.6% |
| 2023 | 91.4% | +0.4% |
| 2024 | 91.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87.6% | 83.8% | 90.3% | 10 |
| 2010s | 90.3% | 88.6% | 91.9% | 10 |
| 2020s | 90.6% | 89.4% | 91.5% | 5 |
Countries ranked near Hong Kong, China
- 1 Isle of Man 95.2% compare
- 2 Macau, China 92.0% compare
- 4 Bermuda 91.3% compare
- 5 Channel Islands 91.2% compare
- 6 Sint Maarten (Dutch part) 89.3% compare
More economy & growth data for Hong Kong, China
- Final consumption expenditure (constant 2015 US$), per capita 36,488 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 5.72 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9713 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 55,348 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 5.62 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 7.57 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 431,550 current LCU per person (2025)
- Exports of goods and services (current US$), annual growth rate 15.09 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 2 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per capita 113,828 current US$ per person (2025)
Frequently asked questions
- What is services, value added in Hong Kong, China?
- Services, value added in Hong Kong, China was 91.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Hong Kong, China?
- The highest recorded value was 91.9% in 2012.
- What is the lowest services, value added recorded in Hong Kong, China?
- The lowest recorded value was 83.8% in 2000.
- How does Hong Kong, China rank for services, value added?
- Hong Kong, China ranks 3rd out of 206 countries with data for 2024.
- Is services, value added rising or falling in Hong Kong, China?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.