Key information about Hong Kong SAR (China) Government Debt: % of GDP

• Hong Kong SAR (China) Government debt accounted for 49.1 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 50.2 % in the previous year.
• Hong Kong SAR (China) government debt to GDP ratio data is updated yearly, available from Mar 2003 to Mar 2024.

*This indicator will be no longer available from March 2026, 4th onwards. CEIC has a plan to remove the non-standard frequency indicator after the standard frequency indicator has been added and be available on this table. CEIC calculates Government Debt as % of Nominal GDP from annual Government Debt and quarterly Nominal GDP. The Treasury provides Government Debt in local currency. Census and Statistics Department provides Nominal GDP in local currency. Government Debt covers Provision for pensions, Bonds and Notes issued and Other Liabilities. Government Debt as % of Nominal GDP is in annual frequency, ending in March of each year.


Related information about Hong Kong SAR (China) Government Debt: % of GDP

• In the latest reports, Hong Kong SAR (China) National Government Debt reached 190.1 USD bn in Mar 2024.
• The country's Nominal GDP reached 109.2 USD bn in Sep 2025.

The national debt of Hong Kong was ************* U.S. dollars in 2024. Between 2004 and 2024, the national debt rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Key information about Hong Kong SAR (China) National Government Debt

• Hong Kong SAR (China) National Government Debt reached 190.1 USD bn in Mar 2024, compared with 181.7 USD bn in the previous year.
• Hong Kong SAR (China) National Government Debt data is updated yearly, available from Mar 2003 to Mar 2024.
• The data reached an all-time high of 190.1 USD bn in Mar 2024 and a record low of 45.3 USD bn in Mar 2003.

CEIC converts annual Government Debt into USD. The Treasury provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Provision for Pensions, Bonds and Notes Issued and Other Liabilities. Government Debt is in annual frequency, ending in March of each year.


Related information about Hong Kong SAR (China) National Government Debt

• In the latest reports, Hong Kong SAR (China) Consolidated Fiscal Balance recorded a deficit equal to 6.1 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 49.1 % of its Nominal GDP in Mar 2024.
• Hong Kong SAR (China) Nominal GDP reached 91.4 USD bn in Mar 2023.

Hong Kong recorded a Government Debt to GDP of 9 percent of the country's Gross Domestic Product in 2024. This dataset provides - Hong Kong Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Monthly and long-term Hong Kong Public Debt data: historical series and analyst forecasts curated by FocusEconomics.

In 2024, the total debt of non-financial sectors in Hong Kong has grown to around ***** percent of the domestic gross domestic product (GDP). Until 2020, Hong Kong's total debt had increased at one of the fastest rates among major economies in the world.

Hong Kong HK: General Government: Gross Debt: % of GDP data was reported at 0.000 % in 2023. This stayed constant from the previous number of 0.000 % for 2022. Hong Kong HK: General Government: Gross Debt: % of GDP data is updated yearly, averaging 0.545 % from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 3.523 % in 2002 and a record low of 0.000 % in 2023. Hong Kong HK: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Hong Kong – Table HK.IMF.FM: Government Finance Statistics.

In 2024, the total debt of non-financial sectors in Hong Kong have amounted to around ***** percent of the domestic gross domestic product (GDP). Private households had accumulated a total debt of **** percent of the GDP that year.

The national debt of Hong Kong was about 38.47 billion U.S. dollars in 2024. Between 2004 and 2024, the national debt rose by approximately 35.19 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt will steadily rise by around 40.46 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.

Historical dataset showing Hong Kong national debt by year from N/A to N/A.

Monthly and long-term Hong Kong External Debt data: historical series and analyst forecasts curated by FocusEconomics.

Key information about Hong Kong SAR (China) Consolidated Fiscal Balance: % of GDP

• Hong Kong SAR (China) Consolidated Fiscal Balance registered a surplus equal to 1.3 % of its Nominal GDP in Sep 2025, compared with a deficit equal to 1.7 % in the previous quarter
• Hong Kong SAR (China) Consolidated Fiscal Balance to GDP data is updated quarterly, available from Mar 1997 to Sep 2025, with an average ratio of 4.1 %
• The data reached an all-time high of 8.4 % in Dec 2007 and a record low of -8.6 % in Dec 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Treasury provides Consolidated Fiscal Balance in local currency. Census and Statistics Department provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q2 2015 is calculated from quarterly Consolidated Fiscal Balance.


Further information about Hong Kong SAR (China) Consolidated Fiscal Balance: % of GDP

• In the latest reports, Hong Kong SAR (China) National Government Debt reached 190.1 USD bn in Mar 2024
• Hong Kong SAR (China) Nominal GDP reached 109.2 USD bn in Sep 2025

Graph and download economic data for Fiscal Situation of General Government: Gross Debt Position for China, P.R.: Hong Kong (HKGGGXWDGG01GDPPT) from 2016 to 2024 about Hong Kong, China, debt, gross, and government.

View yearly updates and historical trends for Hong Kong Central Government Debt. Source: World Bank. Track economic data with YCharts analytics.

Key information about Hong Kong SAR (China) External Debt: Short Term: % of GDP

• Hong Kong SAR (China) External Debt: Short Term accounted for 279.6 % of the country's Nominal GDP in 2024, compared with the ratio of 298.9 % in the previous year.
• Hong Kong SAR (China) External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 2001 to 2024.
• The data reached an all-time high of 340.6 % in 2020 and a record low of 135.3 % in 2002.

CEIC calculates Short Term External Debt as % of Nominal GDP from quarterly Short Term External Debt and annual Nominal GDP. Short Term External Debt is calculated as the sum of Short Term External Debt breakdowns for General Government, Monetary Authorities, Banks and Other Sectors. Census and Statistics Department provides Short Term External Debt in local currency based on BPM6 and Nominal GDP in local currency. Short Term External Debt for General Government are not released due to relatively insignificant value (less than HK$10 million) and/or in order to safeguard confidentiality of information provided by individual establishments. Short Term External Debt prior to 2002 is based on BPM5.


Related information about Hong Kong SAR (China) External Debt: Short Term: % of GDP

• In the latest reports of Hong Kong SAR (China), Current Account recorded a surplus of 12.3 USD bn in Jun 2025.
• Foreign Direct Investment (FDI) increased by 36.0 USD bn in Jun 2025.
• Hong Kong SAR (China) Direct Investment Abroad expanded by 25.0 USD bn in Jun 2025.
• Its Foreign Portfolio Investment increased by 8.5 USD bn in Jun 2025.
• Hong Kong SAR (China) External Debt: Short Term value stood at 1,183.9 USD bn in Dec 2024.
• The country's Nominal GDP was reported at 109.2 USD bn in Sep 2025.

Actual value and historical data chart for Hong Kong Central Government Debt Total Percent Of GDP

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Hong Kong SAR (TDSAMRIAOGGHK) from Q1 1997 to Q4 2022 about Hong Kong, maturity, sector, debt, residents, securities, and government.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in Hong Kong SAR (DISCONTINUED) (IDS1MNIAOGGHK) from Q1 1996 to Q2 2014 about Hong Kong, 1-year, sector, debt, securities, and government.

Hong Kong: External debt, percent of Gross National Income: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Hong Kong from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD in Hong Kong was reported at 19180029000 USD in 2025, according to the World Bank collection of development indicators, compiled from officially recognized sources. Hong Kong - Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.