Annual household final consumption expenditure by purpose (COICOP) in Hong Kong
Hong Kong: Annual household final consumption expenditure by purpose (COICOP) was 110.61 Index in 2024. ▲ Rising
Annual household final consumption expenditure by purpose (COICOP) in Hong Kong, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Hong Kong recorded 110.61 Index for annual household final consumption expenditure by purpose (coicop) in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 24.0% over ten years.
Over the whole period, annual household final consumption expenditure by purpose (coicop) in Hong Kong peaked at 110.61 Index in 2024 and was at its lowest, 10.52 Index, in 1970.
That places Hong Kong 22nd out of 27 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Annual household final consumption expenditure by purpose (COICOP) in Hong Kong, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 10.52 Index | — |
| 1971 | 10.84 Index | +3.0% |
| 1972 | 11.64 Index | +7.4% |
| 1973 | 13.82 Index | +18.7% |
| 1974 | 15.94 Index | +15.3% |
| 1975 | 16.15 Index | +1.3% |
| 1976 | 16.97 Index | +5.1% |
| 1977 | 17.75 Index | +4.6% |
| 1978 | 18.74 Index | +5.6% |
| 1979 | 21.3 Index | +13.7% |
| 1980 | 24.23 Index | +13.8% |
| 1981 | 27.14 Index | +12.0% |
| 1982 | 29.88 Index | +10.1% |
| 1983 | 32.43 Index | +8.5% |
| 1984 | 35.24 Index | +8.7% |
| 1985 | 36.29 Index | +3.0% |
| 1986 | 38.09 Index | +5.0% |
| 1987 | 40.38 Index | +6.0% |
| 1988 | 43.33 Index | +7.3% |
| 1989 | 46.99 Index | +8.4% |
| 1990 | 50.83 Index | +8.2% |
| 1991 | 55.4 Index | +9.0% |
| 1992 | 59.57 Index | +7.5% |
| 1993 | 63.4 Index | +6.4% |
| 1994 | 68.55 Index | +8.1% |
| 1995 | 74.18 Index | +8.2% |
| 1996 | 78.55 Index | +5.9% |
| 1997 | 82.4 Index | +4.9% |
| 1998 | 83.29 Index | +1.1% |
| 1999 | 78.96 Index | -5.2% |
| 2000 | 76.29 Index | -3.4% |
| 2001 | 75.5 Index | -1.0% |
| 2002 | 72.84 Index | -3.5% |
| 2003 | 70.78 Index | -2.8% |
| 2004 | 70.48 Index | -0.4% |
| 2005 | 71.84 Index | +1.9% |
| 2006 | 72.86 Index | +1.4% |
| 2007 | 75.9 Index | +4.2% |
| 2008 | 77.9 Index | +2.6% |
| 2009 | 76.97 Index | -1.2% |
| 2010 | 78.44 Index | +1.9% |
| 2011 | 81.95 Index | +4.5% |
| 2012 | 84.94 Index | +3.6% |
| 2013 | 86.93 Index | +2.3% |
| 2014 | 89.18 Index | +2.6% |
| 2015 | 90.33 Index | +1.3% |
| 2016 | 91.66 Index | +1.5% |
| 2017 | 93.88 Index | +2.4% |
| 2018 | 96.74 Index | +3.0% |
| 2019 | 99.38 Index | +2.7% |
| 2020 | 100 Index | +0.6% |
| 2021 | 99.41 Index | -0.6% |
| 2022 | 101.67 Index | +2.3% |
| 2023 | 107.12 Index | +5.4% |
| 2024 | 110.61 Index | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.37 Index | 10.52 Index | 21.3 Index | 10 |
| 1980s | 35.4 Index | 24.23 Index | 46.99 Index | 10 |
| 1990s | 69.51 Index | 50.83 Index | 83.29 Index | 10 |
| 2000s | 74.14 Index | 70.48 Index | 77.9 Index | 10 |
| 2010s | 89.34 Index | 78.44 Index | 99.38 Index | 10 |
| 2020s | 103.76 Index | 99.41 Index | 110.61 Index | 5 |
Countries ranked near Hong Kong
More population data for Hong Kong
- Population regions with projections, annual growth rate -2.46 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2044)
- Population long run with projections, annual growth rate -2.46 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3992 % change on previous year (2100)
- Projected population under age 5, annual growth rate -3.24 % change on previous year (2100)
- World population growth -2.5% (2100)
- Population density 1,981 people per km² (2100)
- Number of children under 5, by world region 30,373 people (2100)
- Population growth rate, by level of development -2.5% (2100)
- Number of people living in urban and rural areas, annual growth rate -0.2539 % change on previous year (2025)
Frequently asked questions
- What is annual household final consumption expenditure by purpose (coicop) in Hong Kong?
- Annual household final consumption expenditure by purpose (coicop) in Hong Kong was 110.61 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual household final consumption expenditure by purpose (coicop) recorded in Hong Kong?
- The highest recorded value was 110.61 Index in 2024.
- What is the lowest annual household final consumption expenditure by purpose (coicop) recorded in Hong Kong?
- The lowest recorded value was 10.52 Index in 1970.
- How does Hong Kong rank for annual household final consumption expenditure by purpose (coicop)?
- Hong Kong ranks 22nd out of 27 countries with data for 2024.
- Is annual household final consumption expenditure by purpose (coicop) rising or falling in Hong Kong?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual household final consumption expenditure by purpose (COICOP) — Final consumption expenditure of residents and non-residents on the territory. Statizoid updates them automatically from the source API.
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About this data
This table presents the final consumption expenditure of households broken down by the Classification of Individual Consumption According to Purpose (COICOP). The totals are for all final consumption expenditure in the domestic economy, whether by residents or non-residents. For countries for which data on Annual household final consumption expenditure by purpose are already available according to the COICOP 2018 classification, statistics can be found in dataset: Annual household final consumption expenditure by purpose (COICOP 2018) The COICOP provides detailed breakdowns, so the presentation is on a country-by-country basis and users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. However, it is also possible to select a small number of expenditure categories in the ‘Expenditure’ filter to compare results for several countries. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. The information is presented in current prices, but users can select chain linked volumes and previous year prices using the ‘Price base’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE5 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org