Taxes on goods and services as share of GDP in Hong Kong, China
Hong Kong, China: Taxes on goods and services as share of GDP was 3.3% in 2023. ▲ Rising
Taxes on goods and services as share of GDP in Hong Kong, China, 2002–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for taxes on goods and services as share of gdp in Hong Kong, China is 3.3%, measured in 2023.
That represents a change of down 20.1% on the previous year and down 16.0% over ten years.
Over the whole period, taxes on goods and services as share of gdp in Hong Kong, China peaked at 5.5% in 2017 and was at its lowest, 2.4%, in 2002.
That places Hong Kong, China 157th out of 187 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Taxes on goods and services as share of GDP in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 2.4% | — |
| 2003 | 3.0% | +21.5% |
| 2004 | 3.3% | +11.7% |
| 2005 | 3.2% | -1.6% |
| 2006 | 3.6% | +11.1% |
| 2007 | 5.1% | +40.2% |
| 2008 | 3.6% | -29.8% |
| 2009 | 4.3% | +21.0% |
| 2010 | 4.8% | +11.1% |
| 2011 | 4.2% | -11.7% |
| 2012 | 4.0% | -5.2% |
| 2013 | 3.9% | -2.7% |
| 2014 | 5.4% | +38.8% |
| 2015 | 4.6% | -14.1% |
| 2016 | 4.3% | -7.3% |
| 2017 | 5.5% | +27.0% |
| 2018 | 4.6% | -15.4% |
| 2019 | 4.0% | -13.7% |
| 2020 | 4.8% | +20.7% |
| 2021 | 5.0% | +4.7% |
| 2022 | 4.1% | -18.9% |
| 2023 | 3.3% | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | 2.4% | 5.1% | 8 |
| 2010s | 4.5% | 3.9% | 5.5% | 10 |
| 2020s | 4.3% | 3.3% | 5.0% | 4 |
Countries ranked near Hong Kong, China
- 154 Congo, Democratic Republic of the 3.4% compare
- 155 Indonesia 3.4% compare
- 156 Sao Tome and Principe 3.3% compare
- 158 Central African Republic 3.2% compare
- 159 Palestine, State of 3.2% compare
- 160 Tuvalu 3.0% compare
More economy & growth data for Hong Kong, China
- Households and NPISHs Final consumption expenditure (current LCU) 2.87 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 5.16 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 294,175 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.67 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.541 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 30,830 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 2.95 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7878 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 44,892 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 2.86 % change on previous year (2025)
Frequently asked questions
- What is taxes on goods and services as share of gdp in Hong Kong, China?
- Taxes on goods and services as share of gdp in Hong Kong, China was 3.3% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Hong Kong, China?
- The highest recorded value was 5.5% in 2017.
- What is the lowest taxes on goods and services as share of gdp recorded in Hong Kong, China?
- The lowest recorded value was 2.4% in 2002.
- How does Hong Kong, China rank for taxes on goods and services as share of gdp?
- Hong Kong, China ranks 157th out of 187 countries with data for 2023.
- Is taxes on goods and services as share of gdp rising or falling in Hong Kong, China?
- Over the last ten years it is down 16.0%. 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 Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.