Hong Kong Inflation Rate 1982-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Hong Kong inflation rate for 2023 was 2.10%, a 0.22% increase from 2022.
- Hong Kong inflation rate for 2022 was 1.88%, a 0.31% increase from 2021.
- Hong Kong inflation rate for 2021 was 1.57%, a 1.32% increase from 2020.
- Hong Kong inflation rate for 2020 was 0.25%, a 2.63% decline from 2019.
Hong Kong Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
2.10% |
0.22% |
2022 |
1.88% |
0.31% |
2021 |
1.57% |
1.32% |
2020 |
0.25% |
-2.63% |
2019 |
2.88% |
0.48% |
2018 |
2.41% |
0.91% |
2017 |
1.49% |
-0.92% |
2016 |
2.41% |
-0.58% |
2015 |
2.99% |
-1.43% |
2014 |
4.42% |
0.09% |
2013 |
4.34% |
0.28% |
2012 |
4.05% |
-1.25% |
2011 |
5.31% |
3.01% |
2010 |
2.29% |
1.71% |
2009 |
0.58% |
-3.72% |
2008 |
4.30% |
2.27% |
2007 |
2.04% |
0.03% |
2006 |
2.00% |
1.17% |
2005 |
0.83% |
1.10% |
2004 |
-0.27% |
2.40% |
2003 |
-2.67% |
0.31% |
2002 |
-2.98% |
-1.32% |
2001 |
-1.66% |
2.03% |
2000 |
-3.69% |
0.32% |
1999 |
-4.01% |
-6.92% |
1998 |
2.91% |
-2.86% |
1997 |
5.78% |
-0.50% |
1996 |
6.28% |
-2.80% |
1995 |
9.08% |
0.34% |
1994 |
8.74% |
-0.06% |
1993 |
8.80% |
-0.85% |
1992 |
9.65% |
-1.51% |
1991 |
11.16% |
0.73% |
1990 |
10.43% |
0.24% |
1989 |
10.18% |
2.30% |
1988 |
7.89% |
2.23% |
1987 |
5.65% |
2.27% |
1986 |
3.38% |
-0.12% |
1985 |
3.50% |
-5.15% |
1984 |
8.65% |
-1.24% |
1983 |
9.89% |
-1.08% |
1982 |
10.97% |
-1.08% |