Tax revenue as share of GDP in Hong Kong, China
Hong Kong, China: Tax revenue as share of GDP was 13.3% in 2023. ▲ Rising
Latest (2023)
13.3%
Change on year
down 10.5%
World rank
136th
of 192 countries
All-time high
15.5%
in 2014
All-time low
8.7%
in 1999
Years of data
31
1993–2023
Tax revenue as share of GDP in Hong Kong, China, 1993–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, tax revenue as share of gdp in Hong Kong, China stood at 13.3%.
The figure is down 10.5% on the previous year and down 0.9% over ten years.
Over the whole period, tax revenue as share of gdp in Hong Kong, China peaked at 15.5% in 2014 and was at its lowest, 8.7%, in 1999.
Hong Kong, China ranks 136th of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Tax revenue as share of GDP in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 12.2% | — |
| 1994 | 11.3% | -7.5% |
| 1995 | 10.8% | -4.7% |
| 1996 | 11.3% | +5.0% |
| 1997 | 11.5% | +1.9% |
| 1998 | 8.8% | -23.6% |
| 1999 | 8.7% | -1.4% |
| 2000 | 9.3% | +7.0% |
| 2001 | 9.2% | -1.0% |
| 2002 | 9.0% | -2.7% |
| 2003 | 10.4% | +16.4% |
| 2004 | 11.8% | +13.4% |
| 2005 | 12.4% | +4.9% |
| 2006 | 12.5% | +0.7% |
| 2007 | 13.9% | +11.7% |
| 2008 | 12.7% | -8.8% |
| 2009 | 12.5% | -1.7% |
| 2010 | 13.5% | +8.3% |
| 2011 | 14.2% | +5.0% |
| 2012 | 13.7% | -3.7% |
| 2013 | 13.4% | -2.3% |
| 2014 | 15.5% | +15.5% |
| 2015 | 14.4% | -7.1% |
| 2016 | 13.6% | -5.5% |
| 2017 | 14.3% | +5.4% |
| 2018 | 13.8% | -3.5% |
| 2019 | 13.3% | -4.0% |
| 2020 | 14.0% | +6.0% |
| 2021 | 14.6% | +3.6% |
| 2022 | 14.8% | +1.8% |
| 2023 | 13.3% | -10.5% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 13.3% is below the median for high income countries, which is 29.8%, 45% of the median. (65 countries reporting)
- Hong Kong, China's 13.3% is below the median for East Asia & Pacific, which is 18.1%, 73% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.7% | 8.7% | 12.2% | 7 |
| 2000s | 11.4% | 9.0% | 13.9% | 10 |
| 2010s | 14.0% | 13.3% | 15.5% | 10 |
| 2020s | 14.2% | 13.3% | 14.8% | 4 |
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 tax revenue as share of gdp in Hong Kong, China?
- Tax revenue as share of gdp in Hong Kong, China was 13.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Hong Kong, China?
- The highest recorded value was 15.5% in 2014.
- What is the lowest tax revenue as share of gdp recorded in Hong Kong, China?
- The lowest recorded value was 8.7% in 1999.
- How does Hong Kong, China rank for tax revenue as share of gdp?
- Hong Kong, China ranks 136th out of 192 countries with data for 2023.
- Is tax revenue as share of gdp rising or falling in Hong Kong, China?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Direct and indirect taxes as well as social contributions included.