GDP (constant LCU), annual growth rate in Hong Kong
Hong Kong: GDP (constant LCU), annual growth rate was 2.54 % change on previous year in 2024. ◆ Volatile
GDP (constant LCU), annual growth rate in Hong Kong, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (constant lcu), annual growth rate in Hong Kong stood at 2.54 % change on previous year.
That represents a change of down 20.9% on the previous year and down 8.0% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Hong Kong peaked at 16.16 % change on previous year in 1976 and was at its lowest, -6.54 % change on previous year, in 2020.
That places Hong Kong 130th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.29 % change on previous year | — |
| 1972 | 10.61 % change on previous year | +45.5% |
| 1973 | 12.28 % change on previous year | +15.7% |
| 1974 | 2.42 % change on previous year | -80.3% |
| 1975 | 0.492 % change on previous year | -79.6% |
| 1976 | 16.16 % change on previous year | +3185.1% |
| 1977 | 11.73 % change on previous year | -27.5% |
| 1978 | 8.26 % change on previous year | -29.5% |
| 1979 | 11.56 % change on previous year | +39.9% |
| 1980 | 10.11 % change on previous year | -12.5% |
| 1981 | 9.26 % change on previous year | -8.4% |
| 1982 | 2.95 % change on previous year | -68.1% |
| 1983 | 5.98 % change on previous year | +102.6% |
| 1984 | 9.97 % change on previous year | +66.9% |
| 1985 | 0.7571 % change on previous year | -92.4% |
| 1986 | 11.06 % change on previous year | +1360.4% |
| 1987 | 13.4 % change on previous year | +21.2% |
| 1988 | 8.51 % change on previous year | -36.5% |
| 1989 | 2.28 % change on previous year | -73.3% |
| 1990 | 3.83 % change on previous year | +68.3% |
| 1991 | 5.7 % change on previous year | +48.9% |
| 1992 | 6.23 % change on previous year | +9.3% |
| 1993 | 6.2 % change on previous year | -0.5% |
| 1994 | 6.04 % change on previous year | -2.7% |
| 1995 | 2.37 % change on previous year | -60.7% |
| 1996 | 4.26 % change on previous year | +79.4% |
| 1997 | 5.1 % change on previous year | +19.8% |
| 1998 | -5.88 % change on previous year | -215.3% |
| 1999 | 2.51 % change on previous year | -142.6% |
| 2000 | 7.66 % change on previous year | +205.7% |
| 2001 | 0.5606 % change on previous year | -92.7% |
| 2002 | 1.66 % change on previous year | +195.5% |
| 2003 | 3.06 % change on previous year | +84.5% |
| 2004 | 8.7 % change on previous year | +184.7% |
| 2005 | 7.39 % change on previous year | -15.1% |
| 2006 | 7.03 % change on previous year | -4.8% |
| 2007 | 6.46 % change on previous year | -8.1% |
| 2008 | 2.13 % change on previous year | -67.1% |
| 2009 | -2.46 % change on previous year | -215.6% |
| 2010 | 6.77 % change on previous year | -375.2% |
| 2011 | 4.81 % change on previous year | -28.9% |
| 2012 | 1.7 % change on previous year | -64.7% |
| 2013 | 3.1 % change on previous year | +82.4% |
| 2014 | 2.76 % change on previous year | -10.9% |
| 2015 | 2.39 % change on previous year | -13.6% |
| 2016 | 2.18 % change on previous year | -8.9% |
| 2017 | 3.8 % change on previous year | +74.5% |
| 2018 | 2.85 % change on previous year | -25.0% |
| 2019 | -1.67 % change on previous year | -158.7% |
| 2020 | -6.54 % change on previous year | +291.3% |
| 2021 | 6.45 % change on previous year | -198.6% |
| 2022 | -3.68 % change on previous year | -157.1% |
| 2023 | 3.21 % change on previous year | -187.3% |
| 2024 | 2.54 % change on previous year | -20.9% |
Hong Kong compared with similar countries
- Hong Kong's 2.54 % change on previous year is above the median for high income countries, which is 2.27 % change on previous year, 1.1× the median. (83 countries reporting)
- Hong Kong's 2.54 % change on previous year is below the median for East Asia & Pacific, which is 3.84 % change on previous year, 66% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate in Hong Kong changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +3185.1% | 0.492 % change on previous year | 16.16 % change on previous year |
| 1986 | +1360.4% | 0.7571 % change on previous year | 11.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.98 % change on previous year | 0.492 % change on previous year | 16.16 % change on previous year | 9 |
| 1980s | 7.43 % change on previous year | 0.7571 % change on previous year | 13.4 % change on previous year | 10 |
| 1990s | 3.64 % change on previous year | -5.88 % change on previous year | 6.23 % change on previous year | 10 |
| 2000s | 4.22 % change on previous year | -2.46 % change on previous year | 8.7 % change on previous year | 10 |
| 2010s | 2.87 % change on previous year | -1.67 % change on previous year | 6.77 % change on previous year | 10 |
| 2020s | 0.3963 % change on previous year | -6.54 % change on previous year | 6.45 % change on previous year | 5 |
Countries ranked near Hong Kong
- 127 Eswatini 2.64 % change on previous year compare
- 128 El Salvador 2.6 % change on previous year compare
- 129 Congo 2.58 % change on previous year compare
- 131 Solomon Islands 2.54 % change on previous year compare
- 132 Thailand 2.53 % change on previous year compare
- 133 Faroe Islands 2.49 % change on previous year compare
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 gdp (constant lcu), annual growth rate in Hong Kong?
- Gdp (constant lcu), annual growth rate in Hong Kong was 2.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Hong Kong?
- The highest recorded value was 16.16 % change on previous year in 1976.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Hong Kong?
- The lowest recorded value was -6.54 % change on previous year in 2020.
- How does Hong Kong rank for gdp (constant lcu), annual growth rate?
- Hong Kong ranks 130th out of 212 countries with data for 2024.
- Is gdp (constant lcu), annual growth rate rising or falling in Hong Kong?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.