Hong Kong SAR, China Investment: % of GDP

1973 - 2025 | Quarterly | % | CEIC Data

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

  • Hong Kong SAR (China) Investment accounted for 21.7 % of its Nominal GDP in Dec 2025, compared with a ratio of 19.0 % in the previous quarter.
  • Hong Kong SAR (China) investment share of Nominal GDP data is updated quarterly, available from Mar 1973 to Dec 2025, with an average ratio of 24.6 %.
  • The data reached an all-time high of 40.0 % in Jun 1995 and a record low of 12.9 % in Dec 2022.

CEIC calculates Investment as % of Nominal GDP from quarterly Nominal Gross Capital Formation and quarterly Nominal GDP. Gross Capital Formation is calculated as the sum of Gross Fixed Capital Formation and Changes in Inventories. Census and Statistics Department provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


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

  • In the latest reports, Hong Kong SAR (China) GDP expanded 3.9 % YoY in Sep 2025.
  • Hong Kong SAR (China) Nominal GDP reached 109.2 USD bn in Sep 2025.
  • Its GDP deflator (implicit price deflator) increased 1.0 % in Sep 2025.
  • Hong Kong SAR (China) GDP Per Capita reached 54,081.5 USD in Dec 2024.
  • Its Gross Savings Rate was measured at 28.3 % in Sep 2025.

View Hong Kong SAR, China's Investment: % of GDP from Mar 1973 to Dec 2025 in the chart:

Hong Kong SAR, China Investment: % of GDP

What was Hong Kong SAR, China's Investment: % of GDP in Dec 2025?

Hong Kong SAR (China) Investment accounted for 21.7 % of its Nominal GDP in Dec 2025, compared with a ratio of 19.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
21.7 Dec 2025 19.0 Sep 2025 12.9 Dec 2022 40.0 Jun 1995 % quarterly Mar 1973 - Dec 2025

Investment: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 29.7 Dec 2025 quarterly Mar 1995 - Dec 2025
Algeria (%) 41.1 2024 yearly 1950 - 2024
Argentina (%) 16.6 Dec 2025 quarterly Mar 1993 - Dec 2025
Armenia (%) 30.2 Dec 2025 quarterly Dec 1994 - Dec 2025
Australia (%) 25.4 Dec 2025 quarterly Sep 1959 - Dec 2025
Austria (%) 23.6 Dec 2025 quarterly Mar 1988 - Dec 2025
Azerbaijan (%) 22.9 Dec 2025 quarterly Mar 2001 - Dec 2025
Bahrain (%) 28.4 2024 yearly 1975 - 2024
Bangladesh (%) 28.5 2025 yearly 1960 - 2025
Belarus (%) 32.0 Dec 2025 quarterly Mar 1994 - Dec 2025
Belgium (%) 25.9 Dec 2025 quarterly Mar 1980 - Dec 2025
Bolivia (%) 1.8 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (%) 28.2 Dec 2025 quarterly Mar 2000 - Dec 2025
Botswana (%) 28.4 Dec 2025 quarterly Mar 2006 - Dec 2025
Brazil (%) 12.6 Dec 2025 quarterly Mar 1995 - Dec 2025
Brunei (%) 23.2 Dec 2025 quarterly Mar 2004 - Dec 2025
Bulgaria (%) 23.9 Dec 2025 quarterly Mar 1995 - Dec 2025
Cambodia (%) 32.2 2024 yearly 1960 - 2024
Canada (%) 26.7 Sep 2025 quarterly Mar 1961 - Sep 2025
Chile (%) 26.2 Sep 2025 quarterly Mar 1996 - Sep 2025
China (%) 40.5 2024 yearly 1952 - 2024
Colombia (%) 19.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Croatia (%) 16.3 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (%) 14.9 Dec 2025 quarterly Mar 1995 - Dec 2025
Czech Republic (%) 26.0 Dec 2025 quarterly Mar 1995 - Dec 2025
Denmark (%) 20.8 Sep 2025 quarterly Mar 1990 - Sep 2025
Ecuador (%) 19.2 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (%) 19.1 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (%) 24.2 Dec 2025 quarterly Mar 1993 - Dec 2025
European Union (%) 22.2 Dec 2025 quarterly Mar 1995 - Dec 2025
Finland (%) 20.9 Sep 2025 quarterly Mar 1990 - Sep 2025
France (%) 22.2 Mar 2026 quarterly Mar 1980 - Mar 2026
Georgia (%) 19.7 Dec 2025 quarterly Mar 1996 - Dec 2025
Germany (%) 21.3 Dec 2025 quarterly Mar 1991 - Dec 2025
Ghana (%) 9.9 2024 yearly 2006 - 2024
Greece (%) 14.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (%) 21.7 Dec 2025 quarterly Mar 1973 - Dec 2025
Hungary (%) 21.1 Jun 2025 quarterly Mar 1995 - Jun 2025
Iceland (%) 22.9 Dec 2025 quarterly Mar 1995 - Dec 2025
India (%) 37.1 Sep 2025 quarterly Jun 2004 - Sep 2025
Indonesia (%) 31.8 Mar 2026 quarterly Mar 1993 - Mar 2026
Iran (%) 30.7 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (%) 24.0 Dec 2025 quarterly Mar 1995 - Dec 2025
Israel (%) 24.1 Dec 2025 quarterly Mar 1995 - Dec 2025
Italy (%) 21.4 Sep 2025 quarterly Mar 1980 - Sep 2025
Ivory Coast (%) 20.3 2025 yearly 1960 - 2025
Japan (%) 27.1 Dec 2025 quarterly Mar 1980 - Dec 2025
Jordan (%) 17.6 2023 yearly 1963 - 2023
Kazakhstan (%) 24.3 Dec 2025 quarterly Mar 2007 - Dec 2025
Kenya (%) 17.0 2025 yearly 1964 - 2025
South Korea (%) 29.6 Dec 2025 quarterly Mar 1960 - Dec 2025
Kosovo (%) 35.4 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (%) 15.1 2024 yearly 1962 - 2024
Kyrgyzstan (%) 30.7 Dec 2025 quarterly Mar 2000 - Dec 2025
Laos (%) 29.0 2016 yearly 2000 - 2016
Latvia (%) 25.8 Dec 2025 quarterly Mar 1992 - Dec 2025
Lebanon (%) 22.1 2024 yearly 1990 - 2024
Lithuania (%) 25.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Luxembourg (%) 15.4 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (%) 9.9 Mar 2026 quarterly Mar 1998 - Mar 2026
North Macedonia (%) 35.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Malawi (%) 14.5 2023 yearly 1960 - 2023
Malaysia (%) 18.9 Mar 2026 quarterly Mar 1991 - Mar 2026
Malta (%) 18.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Mauritius (%) 19.2 Sep 2025 quarterly Mar 1999 - Sep 2025
Mexico (%) 22.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Moldova (%) 23.2 Sep 2025 quarterly Mar 1995 - Sep 2025
Mongolia (%) 33.2 Dec 2025 quarterly Mar 2005 - Dec 2025
Montenegro (%) 28.9 Jun 2025 quarterly Mar 2006 - Jun 2025
Morocco (%) 30.9 Dec 2014 quarterly Mar 1998 - Dec 2014
Mozambique (%) 17.7 2024 yearly 1991 - 2024
Myanmar (%) 34.1 2018 yearly 1996 - 2018
Nepal (%) 28.1 2025 yearly 1965 - 2025
Netherlands (%) 20.0 Mar 2026 quarterly Mar 1987 - Mar 2026
New Zealand (%) 23.8 Dec 2025 quarterly Jun 1987 - Dec 2025
Nigeria (%) 23.7 2024 yearly 1981 - 2024
Norway (%) 23.3 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (%) 24.8 2024 yearly 1967 - 2024
Pakistan (%) 14.3 2025 yearly 1960 - 2025
Palestinian Territory (%) 28.7 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (%) 33.5 2024 yearly 1996 - 2024
Paraguay (%) 25.9 Dec 2025 quarterly Mar 1994 - Dec 2025
Peru (%) 20.6 Sep 2025 quarterly Mar 1980 - Sep 2025
Philippines (%) 20.9 Mar 2026 quarterly Jun 1972 - Mar 2026
Poland (%) 24.1 Dec 2025 quarterly Mar 1995 - Dec 2025
Portugal (%) 19.8 Dec 2025 quarterly Mar 1995 - Dec 2025
Qatar (%) 30.1 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 24.2 Dec 2025 quarterly Mar 1995 - Dec 2025
Russia (%) 31.2 Dec 2025 quarterly Mar 1993 - Dec 2025
Saudi Arabia (%) 30.9 Jun 2025 quarterly Mar 2003 - Jun 2025
Serbia (%) 20.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (%) 22.5 2025 yearly 1960 - 2025
Slovakia (%) 19.7 Dec 2025 quarterly Mar 1990 - Dec 2025
Slovenia (%) 21.2 Sep 2025 quarterly Mar 1995 - Sep 2025
South Africa (%) 12.1 Dec 2025 quarterly Mar 1960 - Dec 2025
Spain (%) 20.5 Mar 2026 quarterly Mar 1980 - Mar 2026
Sri Lanka (%) 34.5 Dec 2025 quarterly Mar 2010 - Dec 2025
Sudan (%) 2.9 2024 yearly 1976 - 2024
Sweden (%) 26.4 Dec 2025 quarterly Mar 1980 - Dec 2025
Switzerland (%) 33.9 Dec 2025 quarterly Mar 1980 - Dec 2025

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Hong Kong SAR, China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.0 Dec 2025 quarterly Mar 1997 - Dec 2025
Consolidated Fiscal Balance (USD mn) -7,782.057 Mar 2026 monthly Oct 1998 - Mar 2026
Tax Revenue (USD mn) 28,775.452 Dec 2025 quarterly Sep 1979 - Dec 2025
Tax Revenue: % of GDP (%) 25.4 Dec 2025 quarterly Sep 1979 - Dec 2025
National Government Debt (USD mn) 190,786.0 2025 yearly 2003 - 2025
Government Debt: % of GDP (%) 46.1 2025 yearly 2003 - 2025
Forecast: Government Expenditure (HKD bn) 948.778 2032 yearly 1982 - 2032
Forecast: Government Net Debt (HKD bn) 885.007 2032 yearly 2005 - 2032
Forecast: Government Revenue (HKD bn) 915.226 2032 yearly 1982 - 2032
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.665 2031 yearly 1980 - 2031
Trade Balance (USD mn) -11,381.9 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports (USD mn) 79,010.6 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports Growth (%) 35.8 Mar 2026 monthly Jan 1953 - Mar 2026
Aluminum: Exports (USD th) 177,416.639 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 1,714,519.261 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 346,742.409 2024 yearly 1995 - 2024
Total Imports (USD mn) 90,392.5 Mar 2026 monthly Jan 1957 - Mar 2026
Total Imports Growth (%) 41.2 Mar 2026 monthly Jan 1953 - Mar 2026
Imports: Medicament (USD th) 2,887,691.952 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 917,283.629 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 5,824.314 Mar 2026 monthly Apr 1964 - Mar 2026
Total Imports from USA (USD mn) 4,351.243 Mar 2026 monthly Apr 1964 - Mar 2026
Total Exports to China (USD mn) 50,219.574 Mar 2026 monthly Apr 1964 - Mar 2026
Total Imports from China (USD mn) 38,541.753 Mar 2026 monthly Apr 1964 - Mar 2026
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 11,913.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Current Account Balance (USD mn) 12,214.7 Dec 2025 quarterly Mar 1999 - Dec 2025
Current Account Balance: % of GDP (%) 10.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Direct Investment (USD mn) 26,742.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Direct Investment: % of GDP (%) 23.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment (USD mn) 8,113.077 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 7.2 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 676.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 7,436.259 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt (USD mn) 2,062,658.4 Dec 2025 quarterly Mar 2001 - Dec 2025
External Debt: % of GDP (%) 481.9 2025 yearly 2001 - 2025
External Debt: Short Term (USD mn) 1,237,819.8 Dec 2025 quarterly Mar 2001 - Dec 2025
External Debt: Short Term: % of GDP (%) 289.2 2025 yearly 2001 - 2025
Forecast: Current Account Balance (USD bn) 64.227 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 2,506,615.960 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: CA: Goods: Debit (HKD mn) 1,635,055.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Portfolio Investment (PI) (HKD mn) 83,884.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: PInc: Debit (HKD mn) 430,237.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: DI: Assets (AS) (HKD mn) 92,661.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Goods (HKD mn) -32,458.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account: Credit (HKD mn) 2,366,632.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CFA: Reserve Assets (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account (CA) (HKD mn) 93,872.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Net Errors and Omissions (HKD mn) 39,021.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Secondary Income (SInc) (HKD mn) -4,791.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services: Debit (HKD mn) 195,587.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Other investment (OI) (HKD mn) 115,527.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account (HKD mn) -268.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Financial Derivatives (FD) (HKD mn) 2,073.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: FD: Liabilities (HKD mn) -130,665.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Overall Balance (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: PInc: Credit (HKD mn) 523,493.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Assets (HKD mn) 437,300.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Direct Investment (DI) (HKD mn) -115,334.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account: Debit (HKD mn) 2,272,760.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: SInc: Debit (HKD mn) 11,881.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: FD: Assets (HKD mn) -128,592.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: DI: Liabilities (LB) (HKD mn) 207,995.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Debit (HKD mn) 271.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Credit (HKD mn) 3.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services (HKD mn) 37,865.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: PI: Liabilities (LB) (HKD mn) 63,100.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: PI: Assets (AS) (HKD mn) 146,985.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Financial Account (FA) (HKD mn) 132,625.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: SInc: Credit (HKD mn) 7,090.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Primary Income (PInc) (HKD mn) 93,256.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Liabilities (HKD mn) 321,773.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Goods: Credit (HKD mn) 1,602,597.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services: Credit (HKD mn) 233,452.000 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt (ED): Total (HKD mn) 16,054,289.000 Dec 2025 quarterly Mar 2002 - Dec 2025
IIP: Net (HKD mn) 19,509,744.000 Dec 2025 quarterly Mar 2010 - Dec 2025
International Investment Position (IIP): Assets (HKD mn) 60,122,806.000 Dec 2025 quarterly Mar 2010 - Dec 2025
IIP: Liabilities (HKD mn) 40,613,062.000 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.1 Mar 2026 quarterly Mar 1997 - Mar 2026
Household Debt: % of GDP (%) 87.6 Dec 2025 quarterly Mar 1982 - Dec 2025
Money Supply M1 (USD mn) 237,220.283 Mar 2026 monthly Jan 1985 - Mar 2026
Money Supply M2 (USD mn) 2,655,578.187 Mar 2026 monthly Dec 1980 - Mar 2026
M2 Growth (%) 9.3 Mar 2026 monthly Dec 1981 - Mar 2026
Foreign Exchange Reserves (USD mn) 430,477.0 Mar 2026 monthly Apr 2000 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 99.609 Mar 2026 quarterly Jun 2000 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 6.6 Oct 2025 monthly Apr 2000 - Oct 2025
Gold Reserves (USD mn) 312.000 Mar 2026 monthly Dec 1990 - Mar 2026
Total Deposits (USD mn) 2,502,211.258 Mar 2026 monthly Jan 1991 - Mar 2026
Total Deposits Growth (%) 9.1 Mar 2026 monthly Jan 1992 - Mar 2026
Domestic Credit (USD mn) 1,074,992.6 Jan 2026 monthly Dec 1990 - Jan 2026
Domestic Credit Growth (%) 7.2 Jan 2026 monthly Dec 1991 - Jan 2026
Debt Service Ratio: Private Non-Financial Sector (%) 34.000 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 370.111 Sep 2025 quarterly Dec 1990 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 1,403.261 Sep 2025 quarterly Dec 1978 - Sep 2025
Household Debt (USD mn) 381,945.7 Mar 2026 quarterly Mar 1982 - Mar 2026
Total Loans (USD mn) 1,331,668.122 Mar 2026 monthly Dec 1978 - Mar 2026
Total Loans Growth (%) 4.70 Mar 2026 monthly Dec 1979 - Mar 2026
Private Debt: % of Nominal GDP (%) 188.87 Mar 2026 quarterly Dec 1973 - Mar 2026
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) 4.0 Jun 2026 quarterly Mar 2009 - Jun 2026
BTS: Expected Changes: Business Situation (BS): sa (%) -5.000 Jun 2026 quarterly Mar 2008 - Jun 2026
BTS: Expected Changes: BS: sa: Retail (%) -3.000 Jun 2026 quarterly Mar 2008 - Jun 2026

More Indicators for Hong Kong SAR, China

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