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Hong Kong Real GDP

Hong Kong's real GDP rose to $336.51 billion in 2024, up from $328.17 billion in 2023, according to World Bank. This represents an increase of 2.5% ($8.34 billion) from the previous year and accounts for 0.35% of the world's total real GDP. Hong Kong has real GDP higher than the global median ($336.51 billion vs median $29.34 billion). Compared with the median in Asia, Hong Kong is higher ($336.51 billion vs regional median $91.45 billion) and ranks 17th 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 (1961-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 336.51
2023 328.17
2022 317.95
2021 330.11
2020 310.1
2019 331.81
2018 337.46
2017 328.12
2016 316.12
2015 309.39
2014 302.17
2013 294.05
2012 285.2
2011 280.43
2010 267.55
2009 250.59
2008 256.91
2007 251.56
2006 236.28
2005 220.76
2004 205.57
2003 189.12
2002 183.51
2001 180.52
2000 179.51
1999 166.73
1998 162.66
1997 172.82
1996 164.44
1995 157.72
1994 154.06
1993 145.29
1992 136.81
1991 128.78
1990 121.83
1989 117.34
1988 114.73
1987 105.73
1986 93.23
1985 83.95
1984 83.32
1983 75.77
1982 71.49
1981 69.44
1980 63.56
1979 57.72
1978 51.74
1977 47.8
1976 42.78
1975 36.83
1974 36.65
1973 35.78
1972 31.87
1971 28.81
1970 26.85
1969 24.59
1968 22.08
1967 21.36
1966 21.02
1965 20.65
1964 18.01
1963 16.58
1962 14.32
1961 12.53
Hong Kong Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Hong Kong, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $407.11B $381.07B 2024
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