Gross value added at basic prices (GVA) in Hong Kong

Hong Kong: Gross value added at basic prices (GVA) was 3.11 trillion current LCU in 2024. ▲ Rising

Latest (2024)
3.11 trillion current LCU
Change on year
up 6.8%
World rank
75th
of 206 countries
All-time high
3.11 trillion current LCU
in 2024
All-time low
1.23 trillion current LCU
in 2003
Years of data
25
2000–2024

Gross value added at basic prices (GVA) in Hong Kong, 2000–2024

01.0T2.0T3.0T2000201220242000: 1.3T current LCU2001: 1.3T current LCU2002: 1.2T current LCU2003: 1.2T current LCU2004: 1.3T current LCU2005: 1.4T current LCU2006: 1.5T current LCU2007: 1.6T current LCU2008: 1.6T current LCU2009: 1.6T current LCU2010: 1.7T current LCU2011: 1.9T current LCU2012: 2.0T current LCU2013: 2.1T current LCU2014: 2.2T current LCU2015: 2.3T current LCU2016: 2.4T current LCU2017: 2.6T current LCU2018: 2.7T current LCU2019: 2.7T current LCU2020: 2.6T current LCU2021: 2.7T current LCU2022: 2.7T current LCU2023: 2.9T current LCU2024: 3.1T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for gross value added at basic prices (gva) in Hong Kong is 3.11 trillion current LCU, measured in 2024. That is the highest value across all 25 years on record.

That represents a change of up 6.8% on the previous year and up 41.1% over ten years.

Over the whole period, gross value added at basic prices (gva) in Hong Kong peaked at 3.11 trillion current LCU in 2024 and was at its lowest, 1.23 trillion current LCU, in 2003.

That places Hong Kong 75th out of 206 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.40 trillion current LCU 1.23 trillion current LCU 1.62 trillion current LCU 10
2010s 2.27 trillion current LCU 1.74 trillion current LCU 2.74 trillion current LCU 10
2020s 2.81 trillion current LCU 2.56 trillion current LCU 3.11 trillion current LCU 5

Countries ranked near Hong Kong

  1. 72 Haiti 4.09 trillion current LCU compare
  2. 73 Germany 4.04 trillion current LCU compare
  3. 74 Poland 3.43 trillion current LCU compare
  4. 76 Uruguay 3.11 trillion current LCU compare
  5. 77 Jamaica 3.07 trillion current LCU compare
  6. 78 Canada 3.04 trillion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is gross value added at basic prices (gva) in Hong Kong?
Gross value added at basic prices (gva) in Hong Kong was 3.11 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Hong Kong?
The highest recorded value was 3.11 trillion current LCU in 2024.
What is the lowest gross value added at basic prices (gva) recorded in Hong Kong?
The lowest recorded value was 1.23 trillion current LCU in 2003.
How does Hong Kong rank for gross value added at basic prices (gva)?
Hong Kong ranks 75th out of 206 countries with data for 2024.
Is gross value added at basic prices (gva) rising or falling in Hong Kong?
Over the last ten years it is up 41.1%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.