Global Macro Expert
Beta Siller Advisory

Macro

Hong Kong SAR

East Asia & Pacific · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 4.6%
Current prices2025
427USD bn
GDP per capita▲ 4.5%
Current prices2025
56,893USD
Real GDP growth▲ 0.9 pp
Annual change2025
3.5%
Inflation▼ 0.3 pp
Average consumer prices2025
1.4%
Unemployment▲ 0.5 pp
Rate2025
3.6%
Government debt▲ 2.6 pp
General government, gross2025
11.9% of GDP
Current account▼ 1.0 pp
Balance2025
12.2% of GDP
Population▲ 0.1%
Total2025
7.51million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-6.50.08.71995: 2.4%1996: 4.3%1997: 5.1%1998: -5.9%1999: 2.5%2000: 7.7%2001: 0.6%2002: 1.7%2003: 3.1%2004: 8.7%2005: 7.4%2006: 7.0%2007: 6.5%2008: 2.1%2009: -2.5%2010: 6.8%2011: 4.8%2012: 1.7%2013: 3.1%2014: 2.8%2015: 2.4%2016: 2.2%2017: 3.8%2018: 2.8%2019: -1.7%2020: -6.5%2021: 6.5%2022: -3.7%2023: 3.2%2024: 2.6%2025: 3.5%2026: 2.4% (IMF projection)2027: 2.4% (IMF projection)2028: 2.3% (IMF projection)2029: 2.3% (IMF projection)2030: 2.2% (IMF projection)2031: 2.2% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-4.00.09.01995: 9.0%1996: 6.3%1997: 5.8%1998: 2.8%1999: -4.0%2000: -3.7%2001: -1.6%2002: -3.0%2003: -2.6%2004: -0.4%2005: 0.9%2006: 2.0%2007: 2.0%2008: 4.3%2009: 0.6%2010: 2.3%2011: 5.3%2012: 4.1%2013: 4.3%2014: 4.4%2015: 3.0%2016: 2.4%2017: 1.5%2018: 2.4%2019: 2.9%2020: 0.3%2021: 1.6%2022: 1.9%2023: 2.1%2024: 1.7%2025: 1.4%2026: 2.1% (IMF projection)2027: 1.8% (IMF projection)2028: 2.1% (IMF projection)2029: 2.2% (IMF projection)2030: 2.4% (IMF projection)2031: 2.5% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %6.5-3.73.22.63.52.42.42.32.32.2
Inflation, average consumer prices %1.61.92.11.71.42.11.82.12.22.4
Unemployment rate %5.44.43.03.03.63.33.23.02.82.7
GDP, current prices USD bn369359381408427450470491513537
GDP per capita, current prices USD49,84947,99850,58054,44556,89359,64061,86864,26366,82569,489
GDP per capita, PPP Int. USD65,98867,42971,59775,57880,32384,21287,60390,55393,69496,929
General government gross debt % of GDP1.94.36.39.211.914.115.617.518.419.2
General government net lending/borrowing % of GDP0.0-6.6-5.7-5.8-4.8-5.2-3.3-1.3-0.8-0.8
Current account balance % of GDP11.810.28.413.212.212.612.312.111.911.5
Population million7.407.477.537.507.517.557.597.637.687.73

Government debt, % of GDP

General government gross debt
0.019.82004: 2%2005: 2%2006: 1%2007: 1%2008: 1%2009: 1%2010: 1%2011: 1%2012: 1%2013: 1%2014: 0%2015: 0%2016: 0%2017: 0%2018: 0%2019: 0%2020: 1%2021: 2%2022: 4%2023: 6%2024: 9%2025: 12%2026: 14% (IMF projection)2027: 16% (IMF projection)2028: 17% (IMF projection)2029: 18% (IMF projection)2030: 19% (IMF projection)2031: 20% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
0.015.12000: 4.4%2001: 6.1%2002: 7.9%2003: 10.8%2004: 10.0%2005: 11.9%2006: 12.7%2007: 13.0%2008: 15.1%2009: 9.9%2010: 7.0%2011: 5.6%2012: 1.6%2013: 1.5%2014: 1.4%2015: 3.3%2016: 4.0%2017: 4.6%2018: 3.7%2019: 5.9%2020: 7.0%2021: 11.8%2022: 10.2%2023: 8.4%2024: 13.2%2025: 12.2%2026: 12.6% (IMF projection)2027: 12.3% (IMF projection)2028: 12.1% (IMF projection)2029: 11.9% (IMF projection)2030: 11.5% (IMF projection)2031: 11.4% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20050.18.52.889.1
20150.17.11.189.8
20240.06.20.991.5

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method62,500USD2025+51.8%
GNI, Atlas method469USD bn2025+56.1%
Exports of goods and services199.8% of GDP2025+3.9 pp
Imports of goods and services196.9% of GDP2025+3.4 pp
Life expectancy at birth85.4years2024+1.7%
Urban population100.0% of total20250.0 pp

Hong Kong SAR on the platform

Market data for this country

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)