Hong Kong SAR, China Private Consumption: % of GDP

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

• Hong Kong SAR (China) Private Consumption accounted for 66.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 64.2 % in the previous quarter.
• Hong Kong SAR (China) Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1973 to Dec 2024, with an average share of 61.5 %.
• The data reached an all-time high of 75.3 % in Jun 2023 and a record low of 53.0 % in Sep 1989.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Census and Statistics Department provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


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

• In the latest reports, Hong Kong SAR (China) GDP expanded 2.8 % YoY in Mar 2023.
• Its Nominal GDP reached 91.4 USD bn in Mar 2023.
• Hong Kong SAR (China) GDP Per Capita reached 48,990.8 USD in Dec 2022.
• Its Gross Savings Rate was measured at 30.2 % in Sep 2024.

View Hong Kong SAR, China's Private Consumption: % of GDP from Mar 1973 to Dec 2024 in the chart:

What was Hong Kong SAR, China's Private Consumption: % of GDP in Dec 2024?

Hong Kong SAR (China) Private Consumption accounted for 66.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 64.2 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
66.8 Dec 2024	64.2 Sep 2024	53.0 Sep 1989	75.3 Jun 2023	%	quarterly	Mar 1973 - Dec 2024

Private Consumption: % of GDP by Country Comparison

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