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Hong Kong GDP

Hong Kong's GDP rose to $407.11 billion in 2024, up from $381.07 billion in 2023, according to World Bank. This represents an increase of 6.8% ($26.04 billion) from the previous year and accounts for 0.37% of the world's total GDP. Hong Kong has GDP higher than the global median ($407.11 billion vs median $35.85 billion). Compared with the median in Asia, Hong Kong is higher ($407.11 billion vs regional median $98.96 billion) and ranks 16th out of 47 countries in Asia.

Hong Kong's GDP per capita rose to $44,724.54 in 2024, up from $43,546.71 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 407.11
2023 381.07
2022 358.68
2021 368.95
2020 344.94
2019 363.07
2018 361.73
2017 341.27
2016 320.86
2015 309.39
2014 291.46
2013 275.7
2012 262.63
2011 248.51
2010 228.64
2009 214.05
2008 219.28
2007 211.6
2006 193.54
2005 181.57
2004 169.1
2003 161.39
2002 166.35
2001 169.4
2000 171.67
1999 165.77
1998 168.89
1997 177.35
1996 159.72
1995 144.65
1994 135.81
1993 120.35
1992 104.27
1991 88.96
1990 76.93
1989 68.79
1988 59.71
1987 50.62
1986 41.08
1985 35.7
1984 33.51
1983 29.91
1982 32.29
1981 31.06
1980 28.86
1979 22.53
1978 18.32
1977 15.72
1976 12.88
1975 10.05
1974 9.39
1973 8.03
1972 5.71
1971 4.48
1970 3.8
1969 3.19
1968 2.72
1967 2.69
1966 2.49
1965 2.44
1964 2.21
1963 1.94
1962 1.61
1961 1.38
1960 1.32
Hong Kong GDP : Definition
GDP measures the total value of all goods and services produced in Hong Kong, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.54% 3.21% 2024
GDP Growth Rate (QoQ) 0.4% 1.8% Jun'25
GDP Growth Rate (YoY) 3.1% 3% Jun'25
GDP per Capita $44,724.54 $43,546.71 2024
GDP per Capita PPP $66,171.36 $64,428.73 2024
R&D Expenditure (% GDP) 1.1% 1.07% 2023
Real GDP $336.51B $328.17B 2024