Hong Kong GDP Growth Rate 1962-2023

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Hong Kong gdp growth rate for 2021 was 6.34%, a 12.89% increase from 2020.
  • Hong Kong gdp growth rate for 2020 was -6.55%, a 4.87% decline from 2019.
  • Hong Kong gdp growth rate for 2019 was -1.68%, a 4.53% decline from 2018.
  • Hong Kong gdp growth rate for 2018 was 2.85%, a 0.95% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Monaco 21.55%
Macao 19.27%
Aruba 17.17%
Panama 15.34%
Bahamas 13.72%
Ireland 13.59%
Croatia 13.07%
Chile 11.67%
Argentina 10.40%
Malta 10.30%
Andorra 8.95%
Israel 8.61%
Greece 8.43%
Slovenia 8.21%
Estonia 8.01%
Seychelles 7.86%
Singapore 7.61%
United Kingdom 7.52%
Hungary 7.12%
Poland 6.85%
France 6.82%
Italy 6.74%
Cyprus 6.64%
Hong Kong 6.34%
Belgium 6.13%
Lithuania 5.98%
United States 5.95%
Spain 5.52%
Portugal 5.48%
Bermuda 5.41%
Antigua and Barbuda 5.27%
Luxembourg 5.10%
Sweden 5.08%
Netherlands 4.86%
Denmark 4.86%
Austria 4.56%
Canada 4.54%
Iceland 4.40%
Uruguay 4.37%
Curacao 4.23%
Switzerland 4.22%
South Korea 4.15%
Latvia 4.07%
UAE 3.92%
Norway 3.88%
New Zealand 3.71%
Czech Republic 3.54%
Saudi Arabia 3.24%
Oman 3.09%
Slovak Republic 3.01%
Finland 2.97%
Germany 2.63%
Australia 2.24%
Bahrain 2.23%
Turks and Caicos Islands 2.10%
Cayman Islands 1.84%
Japan 1.66%
Qatar 1.59%
Guam 1.06%
French Polynesia 1.02%
Puerto Rico 0.21%
Barbados -0.19%
St. Kitts and Nevis -0.88%
Trinidad and Tobago -1.03%
Brunei -1.59%
Palau -13.33%
Hong Kong GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 6.34% 12.89%
2020 -6.55% -4.87%
2019 -1.68% -4.53%
2018 2.85% -0.95%
2017 3.80% 1.62%
2016 2.18% -0.21%
2015 2.39% -0.37%
2014 2.76% -0.34%
2013 3.10% 1.40%
2012 1.70% -3.11%
2011 4.81% -1.95%
2010 6.77% 9.23%
2009 -2.46% -4.59%
2008 2.13% -4.34%
2007 6.46% -0.57%
2006 7.03% -0.36%
2005 7.39% -1.31%
2004 8.70% 5.64%
2003 3.06% 1.40%
2002 1.66% 1.10%
2001 0.56% -7.10%
2000 7.66% 5.16%
1999 2.51% 8.39%
1998 -5.88% -10.98%
1997 5.10% 0.84%
1996 4.26% 1.88%
1995 2.37% -3.66%
1994 6.04% -0.17%
1993 6.20% -0.03%
1992 6.23% 0.53%
1991 5.70% 1.87%
1990 3.83% 1.55%
1989 2.28% -6.23%
1988 8.51% -4.89%
1987 13.40% 2.34%
1986 11.06% 10.30%
1985 0.76% -9.22%
1984 9.97% 4.00%
1983 5.98% 3.03%
1982 2.95% -6.31%
1981 9.26% -0.85%
1980 10.11% -1.45%
1979 11.56% 3.30%
1978 8.26% -3.47%
1977 11.73% -4.44%
1976 16.16% 15.67%
1975 0.49% -1.92%
1974 2.42% -9.86%
1973 12.28% 1.67%
1972 10.61% 3.32%
1971 7.29% -1.91%
1970 9.21% -2.14%
1969 11.34% 7.95%
1968 3.40% 1.79%
1967 1.60% -0.19%
1966 1.79% -12.85%
1965 14.64% 6.01%
1964 8.63% -7.14%
1963 15.76% 1.47%
1962 14.29% 1.47%