Transport services in Hong Kong, China
Hong Kong, China: Transport services was 23.1% in 2024. ▲ Rising
Transport services in Hong Kong, China, 1998–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2024, transport services in Hong Kong, China stood at 23.1%.
That represents a change of up 1.6% on the previous year and down 7.2% over ten years.
Over the whole period, transport services in Hong Kong, China peaked at 32.6% in 2021 and was at its lowest, 12.6%, in 1999.
That places Hong Kong, China 130th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Transport services in Hong Kong, China, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1998 | 13.5% | — |
| 1999 | 12.6% | -6.6% |
| 2000 | 14.7% | +16.1% |
| 2001 | 15.3% | +4.1% |
| 2002 | 14.9% | -2.2% |
| 2003 | 16.5% | +10.5% |
| 2004 | 18.6% | +12.6% |
| 2005 | 19.8% | +6.6% |
| 2006 | 19.3% | -2.5% |
| 2007 | 21.3% | +10.1% |
| 2008 | 22.8% | +7.1% |
| 2009 | 21.3% | -6.5% |
| 2010 | 22.3% | +4.5% |
| 2011 | 24.1% | +8.2% |
| 2012 | 24.0% | -0.5% |
| 2013 | 24.1% | +0.5% |
| 2014 | 24.9% | +3.2% |
| 2015 | 23.4% | -6.0% |
| 2016 | 22.7% | -2.8% |
| 2017 | 22.5% | -1.0% |
| 2018 | 22.7% | +0.9% |
| 2019 | 22.7% | -0.2% |
| 2020 | 27.0% | +19.4% |
| 2021 | 32.6% | +20.4% |
| 2022 | 31.1% | -4.5% |
| 2023 | 22.7% | -26.9% |
| 2024 | 23.1% | +1.6% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 23.1% is above the median for high income countries, which is 20.2%, 1.1× the median. (72 countries reporting)
- Hong Kong, China's 23.1% is below the median for East Asia & Pacific, which is 29.3%, 79% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.1% | 12.6% | 13.5% | 2 |
| 2000s | 18.5% | 14.7% | 22.8% | 10 |
| 2010s | 23.3% | 22.3% | 24.9% | 10 |
| 2020s | 27.3% | 22.7% | 32.6% | 5 |
Countries ranked near Hong Kong, China
- 127 Saint Lucia 24.0% compare
- 128 Faroe Islands 23.8% compare
- 129 Indonesia 23.8% compare
- 131 Austria 23.0% compare
- 132 Latvia 23.0% compare
- 133 Trinidad and Tobago 22.8% compare
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 transport services in Hong Kong, China?
- Transport services in Hong Kong, China was 23.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Hong Kong, China?
- The highest recorded value was 32.6% in 2021.
- What is the lowest transport services recorded in Hong Kong, China?
- The lowest recorded value was 12.6% in 1999.
- How does Hong Kong, China rank for transport services?
- Hong Kong, China ranks 130th out of 197 countries with data for 2024.
- Is transport services rising or falling in Hong Kong, China?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.