Hong Kong SAR, China Government Debt: % of GDP

2003 - 2022 | Yearly | % | CEIC Data

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

  • Hong Kong SAR (China) Government debt accounted for 47.6 % of the country's Nominal GDP in Mar 2022, compared with the ratio of 46.1 % in the previous year.
  • Hong Kong SAR (China) government debt to GDP ratio data is updated yearly, available from Mar 2003 to Mar 2022.
  • The data reached an all-time high of 47.6 % in Mar 2022 and a record low of 27.3 % in Mar 2003.

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 173.2 USD bn in Mar 2022.
  • The country's Nominal GDP reached 91.4 USD bn in Mar 2023.

View Hong Kong SAR, China's Government Debt: % of GDP from 2003 to 2022 in the chart:

Hong Kong SAR, China Government Debt: % of GDP

What was Hong Kong SAR, China's Government Debt: % of GDP in 2022?

Hong Kong SAR (China) Government debt accounted for 47.6 % of the country's Nominal GDP in Mar 2022, compared with the ratio of 46.1 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
47.6 2022 46.1 2021 27.3 2003 47.6 2022 % yearly 2003 - 2022

Government Debt: % of GDP by Country Comparison

Buy Selected Data

Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 60.8 Mar 2023 quarterly Sep 2010 - Mar 2023
Algeria (%) 62.1 2021 yearly 1997 - 2021
Argentina (%) 80.3 Mar 2023 quarterly Dec 2004 - Mar 2023
Armenia (%) 47.5 Jun 2023 quarterly Dec 2013 - Jun 2023
Australia (%) 42.3 2022 yearly 1999 - 2022
Austria (%) 80.6 Mar 2023 quarterly Mar 2000 - Mar 2023
Azerbaijan (%) 16.8 2021 yearly 2008 - 2021
Bahrain (%) 85.2 Mar 2023 quarterly Dec 2007 - Mar 2023
Bangladesh (%) 20.6 2022 yearly 2010 - 2022
Belarus (%) 36.1 Mar 2022 quarterly Dec 2003 - Mar 2022
Belgium (%) 107.4 Mar 2023 quarterly Dec 1980 - Mar 2023
Bolivia (%) 27.2 2014 yearly 1998 - 2014
Bosnia and Herzegovina (%) 24.4 2021 yearly 2007 - 2021
Botswana (%) 17.9 Dec 2021 quarterly Jun 2014 - Dec 2021
Brazil (%) 73.6 Jun 2023 quarterly Dec 2006 - Jun 2023
Bulgaria (%) 23.1 Sep 2022 quarterly Mar 2007 - Sep 2022
Cambodia (%) 33.7 2022 yearly 2013 - 2022
Canada (%) 66.4 2023 yearly 1962 - 2023
Chile (%) 37.3 Mar 2023 quarterly Mar 2002 - Mar 2023
China (%) 21.4 Mar 2023 quarterly Mar 2014 - Mar 2023
Colombia (%) 62.9 Dec 2022 quarterly Dec 2005 - Dec 2022
Croatia (%) 68.8 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 86.1 Jun 2023 quarterly Dec 2010 - Jun 2023
Czech Republic (%) 44.5 Mar 2023 quarterly Mar 2000 - Mar 2023
Denmark (%) 29.4 Mar 2023 quarterly Mar 2000 - Mar 2023
Ecuador (%) 65.1 Mar 2023 quarterly Dec 2005 - Mar 2023
Egypt (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Estonia (%) 17.2 Mar 2023 quarterly Mar 2000 - Mar 2023
European Union (%) 83.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Finland (%) 72.5 Mar 2023 quarterly Mar 2000 - Mar 2023
France (%) 112.5 Mar 2023 quarterly Dec 1995 - Mar 2023
Georgia (%) 37.5 Mar 2023 quarterly Mar 2006 - Mar 2023
Germany (%) 65.7 Mar 2023 quarterly Mar 2000 - Mar 2023
Ghana (%) 70.7 2022 yearly 2006 - 2022
Greece (%) 168.4 Mar 2023 quarterly Dec 1999 - Mar 2023
Hong Kong SAR, China (%) 47.6 2022 yearly 2003 - 2022
Hungary (%) 71.5 Jun 2023 quarterly Dec 1990 - Jun 2023
Iceland (%) 68.7 2022 yearly 1998 - 2022
India (%) 55.7 Mar 2023 quarterly Mar 2012 - Mar 2023
Indonesia (%) 38.1 Jun 2023 quarterly Jun 2015 - Jun 2023
Iran (%) 8.8 Mar 2022 quarterly Mar 1998 - Mar 2022
Ireland (%) 43.6 Mar 2023 quarterly Mar 2000 - Mar 2023
Israel (%) 67.1 2021 yearly 1995 - 2021
Italy (%) 145.2 Jun 2023 quarterly Dec 1995 - Jun 2023
Ivory Coast (%) 8.6 2015 yearly 1975 - 2015
Japan (%) 224.0 Jun 2023 quarterly Dec 1994 - Jun 2023
Jordan (%) 90.7 Mar 2023 quarterly Mar 2002 - Mar 2023
Kazakhstan (%) 22.2 Dec 2022 quarterly Mar 2005 - Dec 2022
Kenya (%) 0.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) 47.8 Dec 2022 quarterly Sep 2002 - Dec 2022
Kosovo (%) 19.9 2022 yearly 2009 - 2022
Kuwait (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Kyrgyzstan (%) 47.9 Jun 2023 quarterly Mar 2011 - Jun 2023
Latvia (%) 42.9 Mar 2023 quarterly Mar 2000 - Mar 2023
Lebanon (%) 150.6 2020 yearly 1998 - 2020
Lithuania (%) 38.4 Mar 2023 quarterly Mar 2000 - Mar 2023
Luxembourg (%) 28.4 Mar 2023 quarterly Dec 1997 - Mar 2023
North Macedonia (%) 53.2 Jun 2023 quarterly Dec 2009 - Jun 2023
Malawi (%) 66.0 2014 yearly 2010 - 2014
Malaysia (%) 63.3 Jun 2023 quarterly Dec 2010 - Jun 2023
Malta (%) 52.4 Mar 2023 quarterly Dec 2000 - Mar 2023
Mauritius (%) 69.2 Jun 2023 quarterly Jun 2003 - Jun 2023
Mexico (%) 53.3 Jun 2023 quarterly Dec 2005 - Jun 2023
Moldova (%) 35.0 Jun 2023 quarterly Mar 2007 - Jun 2023
Mongolia (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Montenegro (%) 68.2 Mar 2023 quarterly Dec 2010 - Mar 2023
Morocco (%) 71.6 2022 yearly 1994 - 2022
Nepal (%) 27.2 2019 yearly 1990 - 2019
Netherlands (%) 48.3 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) 37.0 Mar 2023 quarterly Dec 2006 - Mar 2023
Nigeria (%) 21.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Norway (%) 42.5 2021 yearly 1995 - 2021
Oman (%) 61.3 2021 yearly 1990 - 2021
Pakistan (%) 71.6 2022 yearly 2000 - 2022
Palestinian Territory (%) 74.3 Mar 2023 quarterly Dec 2010 - Mar 2023
Panama (%) 62.3 Sep 2022 quarterly Dec 2007 - Sep 2022
Paraguay (%) 33.2 Mar 2023 quarterly Dec 2014 - Mar 2023
Peru (%) 32.2 Jun 2023 quarterly Mar 1999 - Jun 2023
Philippines (%) 61.0 Jun 2023 quarterly Mar 1993 - Jun 2023
Poland (%) 48.4 Jun 2023 quarterly Dec 2002 - Jun 2023
Portugal (%) 110.1 Jun 2023 quarterly Dec 1995 - Jun 2023
Qatar (%) 15.0 2012 yearly 2006 - 2012
Romania (%) 48.4 Jun 2023 quarterly Dec 2011 - Jun 2023
Russia (%) 16.1 Jun 2023 quarterly Dec 2011 - Jun 2023
Saudi Arabia (%) 24.3 Jun 2023 quarterly Dec 2016 - Jun 2023
Serbia (%) 56.5 Mar 2023 quarterly Sep 2004 - Mar 2023
Singapore (%) 171.1 Jun 2023 quarterly Mar 1990 - Jun 2023
Slovakia (%) 57.8 Dec 2022 quarterly Mar 2000 - Dec 2022
Slovenia (%) 69.9 Dec 2022 quarterly Dec 1999 - Dec 2022
South Africa (%) 72.7 Jun 2023 quarterly Dec 1960 - Jun 2023
Spain (%) 112.8 Mar 2023 quarterly Mar 1995 - Mar 2023
Sri Lanka (%) 103.8 Mar 2023 quarterly Mar 2014 - Mar 2023
Sweden (%) 31.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Switzerland (%) 25.1 2026 yearly 1990 - 2026
Taiwan (%) 29.7 2022 yearly 1996 - 2022
Tajikistan (%) 36.3 2021 yearly 1999 - 2021
Thailand (%) 53.9 Jun 2023 quarterly Dec 1997 - Jun 2023
Tunisia (%) 79.7 Dec 2021 monthly Apr 2011 - Dec 2021
Turkey (%) 31.2 Mar 2023 quarterly Dec 2001 - Mar 2023
Ukraine (%) 71.6 Dec 2022 quarterly Dec 2010 - Dec 2022

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Hong Kong SAR, China Key Series

Buy Selected Data

Includes 211 key indicators for Hong Kong SAR, China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.6 Mar 2023 quarterly Sep 1999 - Mar 2023
Consolidated Fiscal Balance (USD mn) -5,351.809 Jul 2023 monthly Oct 1998 - Jul 2023
Tax Revenue (USD mn) 7,110.617 Jun 2023 quarterly Sep 1979 - Jun 2023
Tax Revenue: % of GDP (%) 7.9 Jun 2023 quarterly Sep 1979 - Jun 2023
National Government Debt (USD mn) 173,192.7 2022 yearly 2003 - 2022
Government Debt: % of GDP (%) 47.6 2022 yearly 2003 - 2022
Forecast: Government Expenditure (HKD bn) 903.868 2029 yearly 1982 - 2029
Forecast: Government Net Debt (HKD bn) 416.015 2029 yearly 2005 - 2029
Forecast: Government Revenue (HKD bn) 926.656 2029 yearly 1982 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.060 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,836.9 Jul 2023 monthly Jan 1957 - Jul 2023
Total Exports (USD mn) 44,162.4 Jul 2023 monthly Jan 1957 - Jul 2023
Total Exports Growth (%) -9.1 Jul 2023 monthly Jan 1953 - Jul 2023
Aluminum: Exports (USD th) 271,594.847 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,261,766.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 215,338.532 2022 yearly 1995 - 2022
Total Imports (USD mn) 47,999.3 Jul 2023 monthly Jan 1957 - Jul 2023
Total Imports Growth (%) -7.9 Jul 2023 monthly Jan 1953 - Jul 2023
Imports: Medicament (USD th) 3,466,916.054 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 932,558.317 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,009.621 Jul 2023 monthly Apr 1964 - Jul 2023
Total Imports from USA (USD mn) 1,873.960 Jul 2023 monthly Apr 1964 - Jul 2023
Total Exports to China (USD mn) 23,722.221 Jul 2023 monthly Apr 1964 - Jul 2023
Total Imports from China (USD mn) 20,784.892 Jul 2023 monthly Apr 1964 - Jul 2023
Exports: General Industrial Machinery and Equipment nes (HKD mn) 2,935.613 Jul 2023 monthly Jan 1991 - Jul 2023
Exports: Electrical Machinery, Apparatus and Appliances (HKD mn) 161,189.899 Jul 2023 monthly Jan 1991 - Jul 2023
Exports: Road Vehicles, Including Air-Cruhion Vehicles (HKD mn) 745.336 Jul 2023 monthly Jan 1991 - Jul 2023
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Exports: Office Machines & Automatic Data Processing Machines (HKD mn) 32,827.784 Jul 2023 monthly Jan 1991 - Jul 2023
Exports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 43,386.037 Jul 2023 monthly Jan 1991 - Jul 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 39,631.0 Mar 2023 quarterly Mar 1999 - Mar 2023
Current Account Balance (USD mn) 5,437.1 Mar 2023 quarterly Mar 1999 - Mar 2023
Current Account Balance: % of GDP (%) 5.9 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Direct Investment (USD mn) 28,353.6 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Direct Investment: % of GDP (%) 31.0 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment (USD mn) 3,583.104 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment: % of GDP (%) 3.9 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3,221.9 Mar 2023 quarterly Mar 1999 - Mar 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 361.155 Mar 2023 quarterly Mar 1999 - Mar 2023
External Debt (USD mn) 1,819,706.2 Dec 2022 quarterly Mar 2001 - Dec 2022
External Debt: % of GDP (%) 503.8 2022 yearly 2001 - 2022
External Debt: Short Term (USD mn) 1,123,031.1 Mar 2023 quarterly Mar 2001 - Mar 2023
External Debt: Short Term: % of GDP (%) 319.8 2022 yearly 2001 - 2022
Forecast: Current Account Balance (USD bn) 21.870 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 1,762,734.602 Dec 2022 quarterly Mar 2010 - Dec 2022
BoP: CA: Goods: Debit (HKD mn) 1,063,834.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: Portfolio Investment (PI) (HKD mn) -143,507.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: CA: Goods (HKD mn) -39,078.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: Current Account (CA) (HKD mn) 42,620.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CA: PInc: Debit (HKD mn) 394,693.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: DI: Assets (AS) (HKD mn) -150,901.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Capital Account (HKD mn) -93.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: Net Errors and Omissions (HKD mn) -34,261.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CFA: Reserve Assets (HKD mn) 16,529.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: CA: Secondary Income (SInc) (HKD mn) -3,792.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: Other investment (OI) (HKD mn) -52,325.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: Overall Balance (HKD mn) 3,638.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: Direct Investment (DI) (HKD mn) 25,043.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: FD: Liabilities (HKD mn) -45,746.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: Current Account: Debit (HKD mn) 1,610,145.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: OI: Assets (HKD mn) -94,759.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Services: Debit (HKD mn) 143,641.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: DI: Liabilities (LB) (HKD mn) 266,587.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: FA: Financial Derivatives (FD) (HKD mn) 56,206.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: PI: Assets (AS) (HKD mn) -148,744.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: CA: Services (HKD mn) 45,994.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CA: Goods: Credit (HKD mn) 1,024,756.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CA: Services: Credit (HKD mn) 189,635.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CA: PInc: Credit (HKD mn) 415,082.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: CA: SInc: Credit (HKD mn) 4,312.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Financial Account (FA) (HKD mn) 8,265.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: Current Account: Credit (HKD mn) 1,652,765.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: CA: SInc: Debit (HKD mn) 7,977.000 Mar 2023 quarterly Mar 1999 - Mar 2023
BoP: FA: FD: Assets (HKD mn) 291,243.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Capital Account: Credit (HKD mn) 3.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: OI: Liabilities (HKD mn) -306,476.000 Dec 2022 quarterly Mar 1999 - Dec 2022
BoP: Capital Account: Debit (HKD mn) -92.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: PI: Liabilities (LB) (HKD mn) 1,619.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Primary Income (PInc) (HKD mn) 62,848.000 Sep 2022 quarterly Mar 1999 - Sep 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Jun 2023 quarterly Mar 1997 - Jun 2023
Household Debt: % of GDP (%) 96.0 Mar 2023 quarterly Mar 1982 - Mar 2023
Money Supply M1 (USD mn) 206,504.270 Jul 2023 monthly Jan 1985 - Jul 2023
Money Supply M2 (USD mn) 2,143,741.835 Jul 2023 monthly Dec 1980 - Jul 2023
M2 Growth (%) 2.3 Jul 2023 monthly Dec 1981 - Jul 2023
Foreign Exchange Reserves (USD mn) 421,486.0 Jul 2023 monthly Apr 2000 - Jul 2023
Foreign Exchange Reserves: % of GDP (%) 118.447 Mar 2023 quarterly Jun 2000 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 9.3 May 2023 monthly Apr 2000 - May 2023
Gold Reserves (USD mn) 131.000 Jul 2023 monthly Dec 1990 - Jul 2023
Total Deposits (USD mn) 1,973,965.836 Jun 2023 monthly Jan 1991 - Jun 2023
Total Deposits Growth (%) 2.5 Jul 2023 monthly Jan 1992 - Jul 2023
Domestic Credit (USD mn) 1,001,840.2 May 2023 monthly Dec 1990 - May 2023
Domestic Credit Growth (%) -0.4 May 2023 monthly Dec 1991 - May 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.300 Dec 2022 quarterly Mar 1999 - Dec 2022
Credit to Households (USD bn) 347.155 Dec 2022 quarterly Dec 1990 - Dec 2022
Credit to Private Non-Financial Sector (USD bn) 1,350.646 Dec 2022 quarterly Dec 1978 - Dec 2022
Household Debt (USD mn) 352,307.3 Jun 2023 quarterly Mar 1982 - Jun 2023
Total Loans (USD mn) 1,335,683.947 Jul 2023 monthly Dec 1978 - Jul 2023
Total Loans Growth (%) -4.73 Jul 2023 monthly Dec 1979 - Jul 2023
Private Debt: % of Nominal GDP (%) 224.68 Mar 2023 quarterly Dec 1973 - Mar 2023
Deposits: Renminbi: Total Outstandings (RMB mn) 554,316.75 Mar 2018 monthly Feb 2004 - Mar 2018
HK: Loans & Advances: Total (HKD mn) 9,652,390.44 Mar 2018 monthly Dec 1978 - Mar 2018
HK: Residential Mortgage: Value: Outstanding Loans (OL) (HKD mn) 1,228,442.00 Mar 2018 monthly Dec 2000 - Mar 2018
HK: Residential Mortgage: Value: New Loans Made (HKD mn) 29,750.00 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 23.0 Jun 2023 quarterly Mar 2009 - Jun 2023
BTS: Expected Changes: Business Situation (BS): sa (%) 6.000 Sep 2023 quarterly Mar 2008 - Sep 2023
BTS: Expected Changes: BS: sa: Retail (%) 34.000 Jun 2023 quarterly Mar 2008 - Jun 2023

More Indicators for Hong Kong SAR, China

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data