Economy & Growth in Hong Kong 504 indicators covering economy & growth for Hong Kong. IndicatorLatest Year10-yr change Rank Revenue from corporate income taxes as a share of GDP 5.6% 2016 up 16.4% 14th Asset-backed pensions - main database — Investment 10.39 Percentage change 2024 up 48.5% 40th Effective tax rates - Corporate tax statistics — Effective average 9.75 Percentage of taxable income 2025 down 16.4% 90th Effective tax rates - Corporate tax statistics — Effective marginal -7.53 Percentage of taxable income 2025 up 27.1% 91st Tourism contribution to GDP 0.4% 2022 down 91.4% 99th R&D tax expenditure and direct government funding of BERD — Indirect 0 Percentage of GDP 2024 — 4th R&D tax expenditure and direct government funding of BERD — Indirect 0 Percentage of GDP 2017 — 35th Industry as a share of GDP vs. GDP per capita 5.6% 2011 down 43.4% 43rd Share of services as a share of GDP vs. GDP per capita 94.3% 2011 up 4.8% 1st Share of expenditure spent on food vs. total consumer expenditure 11.5% 2023 down 21.7% 96th Annual food expenditure vs. total consumer expenditure 3,925 current US$ 2023 down 15.3% 2nd Income share of the richest 1% before and after tax 16.2% 2024 down 1.5% 32nd Income share of the richest 10% before and after tax 44.9% 2024 down 1.3% 38th Effective tax rates for income based tax incentives - Corporate tax 14.4 Percentage of taxable income 2022 unchanged 34th Effective tax rates for income based tax incentives - Corporate tax 0 Percentage of taxable income 2022 — 1st Statutory corporate income tax rate 16.5% 2018 unchanged 68th Revenue Statistics in Asia and the Pacific - Comparative tax and 13.28 Percentage of GDP 2024 down 13.9% 27th Share of industry in GDP vs. GDP per capita 5.0% 2011 down 48.5% 40th Effective tax rates for expenditure based tax incentives - Corporate 6.12 Percentage of taxable income 2025 unchanged 44th Effective tax rates for expenditure based tax incentives - Corporate -8.91 Percentage of taxable income 2025 unchanged 31st Annual economic damages from all natural disasters as a share of GDP 0.0% 1983 — 23rd Insurance business written by class of insurance — Gross written 4,099 Euro 2024 up 265.8% 13th Insurance business written by class of insurance — Net written 3,214 Euro 2024 up 253.9% 12th Insurance business written by class of insurance — Premiums ceded 884.99 Euro 2024 up 316.7% 7th ← Previous Page 9 of 9