Gross savings in Hong Kong

Hong Kong: Gross savings was 119.24 billion current US$ in 2024. ▲ Rising

Latest (2024)
119.24 billion current US$
Change on year
up 27.5%
World rank
35th
of 177 countries
All-time high
119.24 billion current US$
in 2024
All-time low
51.69 billion current US$
in 2002
Years of data
27
1998–2024

Gross savings in Hong Kong, 1998–2024

025.0B50.0B75.0B100.0B125.0B1998201120241998: 51.9B current US$1999: 52.1B current US$2000: 54.9B current US$2001: 53.6B current US$2002: 51.7B current US$2003: 53.5B current US$2004: 54.6B current US$2005: 59.8B current US$2006: 67.7B current US$2007: 72.8B current US$2008: 79.0B current US$2009: 67.9B current US$2010: 70.6B current US$2011: 73.8B current US$2012: 70.4B current US$2013: 70.4B current US$2014: 73.5B current US$2015: 76.9B current US$2016: 81.7B current US$2017: 90.9B current US$2018: 93.1B current US$2019: 87.3B current US$2020: 89.6B current US$2021: 105.6B current US$2022: 91.2B current US$2023: 93.5B current US$2024: 119.2B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2024, gross savings in Hong Kong stood at 119.24 billion current US$. That is the highest value across all 27 years on record.

That represents a change of up 27.5% on the previous year and up 62.3% over ten years.

Over the whole period, gross savings in Hong Kong peaked at 119.24 billion current US$ in 2024 and was at its lowest, 51.69 billion current US$, in 2002.

Hong Kong ranks 35th of 177 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 51.97 billion current US$ 51.85 billion current US$ 52.08 billion current US$ 2
2000s 61.56 billion current US$ 51.69 billion current US$ 78.99 billion current US$ 10
2010s 78.87 billion current US$ 70.38 billion current US$ 93.08 billion current US$ 10
2020s 99.82 billion current US$ 89.59 billion current US$ 119.24 billion current US$ 5

Countries ranked near Hong Kong

  1. 32 Philippines 146.68 billion current US$ compare
  2. 33 Thailand 138.10 billion current US$ compare
  3. 34 Qatar 135.35 billion current US$ compare
  4. 36 Czechia 108.48 billion current US$ compare
  5. 37 Algeria 106.17 billion current US$ compare
  6. 38 Malaysia 98.71 billion current US$ compare

See the full ranking of 177 places →

More economy & growth data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is gross savings in Hong Kong?
Gross savings in Hong Kong was 119.24 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross savings recorded in Hong Kong?
The highest recorded value was 119.24 billion current US$ in 2024.
What is the lowest gross savings recorded in Hong Kong?
The lowest recorded value was 51.69 billion current US$ in 2002.
How does Hong Kong rank for gross savings?
Hong Kong ranks 35th out of 177 countries with data for 2024.
Is gross savings rising or falling in Hong Kong?
Over the last ten years it is up 62.3%. The long-run trend across the full record is rising.
Where does this Hong Kong data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross savings (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 6,426 data points, 1960–2025
Last refreshed

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.