Key information about Hong Kong SAR (China) GDP Per Capita

• Hong Kong SAR (China) Gross Domestic Product (GDP) per Capita reached 49,146.654 USD in Dec 2022, compared with 49,771.373 USD in Dec 2021.
• Hong Kong SAR (China) GDP Per Capita data is updated yearly, available from Dec 1961 to Dec 2022, with an average number of 16,721.466 USD.
• The data reached an all-time high of 49,771.373 USD in Dec 2021 and a record low of 411.774 in Dec 1961.
• CEIC converts annual GDP per Capita into USD. Census and Statistics Department provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

Related information about Hong Kong SAR (China) GDP Per Capita data

• In the latest reports, Hong Kong SAR (China) GDP contracted 4.162 % YoY in Dec 2022.
• Hong Kong SAR (China) Nominal GDP reached 94.470 USD bn in Dec 2022.
• Its GDP deflator (implicit price deflator) increased 2.277 % in Dec 2022.
• Gross Savings Rate of Hong Kong SAR (China) was measured at 27.690 % in Sep 2022.

The Gross Domestic Product per capita in Hong Kong was last recorded at 43572.96 US dollars in 2023. The GDP per Capita in Hong Kong is equivalent to 345 percent of the world's average. This dataset provides - Hong Kong GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) per capita in Hong Kong amounts to approximately ************** U.S. dollars in 2025.Fluctuating rise between 1980 and 2025Between 1980 and 2025 a total increase by approximately ************** U.S. dollars can be observed. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030In 2030 the GDP per capita will stand at roughly ************** U.S. dollars, according to forecasts. This indicates an overall increase by approximately ************** U.S. dollars since 2025. This growth reflects a steady upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The Gross Domestic Product per capita in Hong Kong was last recorded at 64467.58 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Hong Kong, when adjusted by Purchasing Power Parity is equivalent to 363 percent of the world's average. This dataset provides - Hong Kong GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the gross domestic product (GDP) of Hong Kong amounted to around 407 billion U.S. dollars at current prices, equivalent to around 3.18 trillion Hong Kong dollars. The city’s GDP grew by 2.5 percent that year. Hong Kong’s GDP in comparison The GDP measures the total value of all goods and services produced in an economy over a certain period. Together with unemployment and inflation, it is one of the most observed economic indicators. While GDP figures in the local currency are sometimes more useful for analyzing internal economic developments, values in international currencies are important for regional comparison.Among economies in Asia-Pacific, Hong Kong’s nominal GDP is comparatively small. However, as an advanced economy and a global financial hub, the city’s per capita GDP is one of the highest in the region, only second to Singapore and Australia. Hong Kong’s economic development As an important international hub for finance and trade, Hong Kong’s economy is dominated by the service sector. Financial services contributed more than 20 percent to the city’s GDP and displayed one of the highest sectoral growth rates over the last decade. Hong Kong’s economic growth suffered severely during the COVID-19 pandemic but returned to sustained growth in 2023.

Hong Kong gni per capita for 2023 was $55,170, a 2.17% increase from 2022.

<ul style='margin-top:20px;'>

<li>Hong Kong gni per capita for 2022 was <strong>$54,000</strong>, a <strong>0.7% decline</strong> from 2021.</li>
<li>Hong Kong gni per capita for 2021 was <strong>$54,380</strong>, a <strong>12.01% increase</strong> from 2020.</li>
<li>Hong Kong gni per capita for 2020 was <strong>$48,550</strong>, a <strong>3.82% decline</strong> from 2019.</li>
</ul>GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Pdb Per Kapita Hong Kong SAR (China) dilaporkan sebesar 49,146.654 USD pada 2022. Rekor ini turun dibanding sebelumnya yaitu 49,771.373 USD untuk 2021. Data Pdb Per Kapita Hong Kong SAR (China) diperbarui tahunan, dengan rata-rata 16,721.466 USD dari 1961 sampai 2022, dengan 62 observasi. Data ini mencapai angka tertinggi sebesar 49,771.373 USD pada 2021 dan rekor terendah sebesar 411.774 USD pada 1961. Data Pdb Per Kapita Hong Kong SAR (China) tetap berstatus aktif di CEIC dan dilaporkan oleh CEIC Data. Data dikategorikan dalam Global Economic Monitor World Trend Plus – Table: GDP Per Capita: USD: Annual.

Hong Kong SAR (China) HK: GNI per Capita: USD: 2015 Price data was reported at 47,644.044 USD in 2023. This records an increase from the previous number of 46,669.718 USD for 2022. Hong Kong SAR (China) HK: GNI per Capita: USD: 2015 Price data is updated yearly, averaging 38,490.835 USD from Dec 1993 (Median) to 2023, with 31 observations. The data reached an all-time high of 48,404.544 USD in 2021 and a record low of 27,811.312 USD in 1996. Hong Kong SAR (China) HK: GNI per Capita: USD: 2015 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.World Bank.WDI: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2015 U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

In 2021, per capita gross domestic product (GDP) of the Guangdong - Hong Kong - Macao Greater Bay Area reached around 22,858 U.S. dollars. This was much less than per capita GDP of the San Francisco Bay Area and the New York Metropolitan Area. However, in terms of total GDP, China's Greater Bay Area was very much on par with other major global bay areas.

Hong Kong SAR (China) Noise: Tax Revenue per Capita: 2015 PPP data was reported at 1.141 USD in 2021. This records a decrease from the previous number of 2.074 USD for 2020. Hong Kong SAR (China) Noise: Tax Revenue per Capita: 2015 PPP data is updated yearly, averaging 0.000 USD from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 60.926 USD in 2018 and a record low of 0.000 USD in 2009. Hong Kong SAR (China) Noise: Tax Revenue per Capita: 2015 PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Environmental Protection Domains: Non OECD Member: Annual.

Hong Kong SAR (China) Total Environment: Tax Revenue per Capita: 2015 PPP data was reported at 1.141 USD in 2021. This records a decrease from the previous number of 2.074 USD for 2020. Hong Kong SAR (China) Total Environment: Tax Revenue per Capita: 2015 PPP data is updated yearly, averaging 0.000 USD from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 60.926 USD in 2018 and a record low of 0.000 USD in 2009. Hong Kong SAR (China) Total Environment: Tax Revenue per Capita: 2015 PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.OECD.ESG: Environmental: Environmentally Related Tax Revenue: Non OECD Member: Annual.

In 2021, Hong Kong's video games market was estimated to generate over one billion U.S. dollars in revenue and the amount contributed per capita would be around 138 U.S. dollars. In comparison, video games revenue per person in mainland China would amounted to approximately 22 U.S. dollars in that year.

In 2023, Switzerland led the ranking of countries with the highest average wealth per adult, with approximately 709,600 U.S. dollars per person. Luxembourg was ranked second with an average wealth of around 607,500 U.S. dollars per adult, followed by Hong Kong SAR. However, the figures do not show the actual distribution of wealth. The Gini index shows wealth disparities in countries worldwide. Does wealth guarantee a longer life? As the old adage goes “money can’t buy you happiness”, yet wealth and income are continuously correlated to the quality of life of individuals in different countries around the world. While greater levels of wealth may not guarantee a higher quality life, it certainly increases an individual’s chances of having a longer one. Although they do not show the whole picture, life expectancy at birth is higher in the more wealthier world regions. Does money bring happiness? A number of the world’s happiest nations also feature in the list of those countries for which average income was highest. Finland, however, which was the happiest country worldwide in 2022, is missing in the list of top twenty countries with the highest wealth per adult. As such, the explanation for this may be the fact that the larger proportion of the population has access to a high income relative to global levels. Measures of quality of life Criticism of the use of income or wealth as a proxy for quality of life led to the creation of the United Nations’ Human Development Index. Although income is included within the index, it also has other factors taken into account such as health and education. As such, the countries with the highest human development index can be correlated to those with the highest income levels. That said, none of the above measures seek to assess the physical and mental environmental impact of a high quality of life sourced through high incomes. The happy planet index demonstrates that the inclusion of experienced well-being and ecological footprint in place of income and other proxies for quality of life results in many of the world’s materially poorer nations being included in the happiest.

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

• Hong Kong SAR (China) household debt accounted for 87.8 % of the country's Nominal GDP in Dec 2024, compared with the ratio of 88.8 % in the previous quarter.
• Hong Kong SAR (China) household debt to GDP ratio is updated quarterly, available from Mar 1982 to Dec 2024.
• The data reached an all-time high of 96.2 % in Mar 2023 and a record low of 14.6 % in Jun 1982.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. Hong Kong Monetary Authority provides Household Debt in local currency. Census and Statistics Department provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans. Household Debt prior to Q4 2018 excludes Working Capital Loans.


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

• In the latest reports, Hong Kong SAR (China) Household Debt reached 359.2 USD bn in Dec 2024.
• Money Supply M2 in Hong Kong SAR (China) increased 7.3 % YoY in Dec 2024.
• Hong Kong SAR (China) Foreign Exchange Reserves was measured at 421.3 USD bn in Dec 2024.
• The Foreign Exchange Reserves equaled 9.3 Months of Import in May 2023.
• Hong Kong SAR (China) Domestic Credit reached 1,011.8 USD bn in Oct 2024, representing an drop of 0.2 % YoY.
• The country's Non Performing Loans Ratio stood at 2.2 % in Sep 2024, compared with the ratio of 2.1 % in the previous quarter.

In January 2025, the unadjusted consumer price index (CPI) of all items for urban consumers in the United States amounted to about 317.67. The data represents U.S. city averages. The base period was 1982-84=100. The CPI is defined by the United States Bureau of Labor Statistics as “a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services”. The annual consumer price index for urban consumers in the U.S. can be accessed here. Consumer Price Index The Consumer Price Index (CPI) began in 1919 under the Bureau of Labor Statistics and is published every month. The CPI for all urban consumers includes urban households in Metropolitan Statistical Areas and regions with over 2,500 inhabitants, as well as non-farm consumers living in rural regions. This index was established in 1978 and includes about 80 percent of the U.S. population. The monthly CPI of urban consumers in the United States increased from 292.3 in May 2022 to 304.13 in 2023. Inflation tends not to impact everyone equally for a variety of reasons, including geography - CPI often differs between regions, with a high of 287.49 in the Western region as of 2021. There are also disparities in inflation between income quartiles, in which inflation is generally felt more heavily by lower income households. The annual CPI in the United States has increased steadily over the past two decades, from 140.3 in 1992 to 292.56 in 2022. A forecast of the CPI expects this positive trend to continue, reaching 325.6 by 2027. As of March 2023, the CPI of the nation’s education had increased by 3.5 percent. Further, in the same month costs of recreation, rent, housing, medical care, and food and beverages, gasoline, and transportation increased. Comparatively, the CPI in Hong Kong reached 103.3 in 2022.