Services, value added in Hong Kong

Hong Kong: Services, value added was 373.46 billion current US$ in 2024. ▲ Rising

Latest (2024)
373.46 billion current US$
Change on year
up 7.3%
World rank
28th
of 205 countries
All-time high
373.46 billion current US$
in 2024
All-time low
141.55 billion current US$
in 2003
Years of data
25
2000–2024

Services, value added in Hong Kong, 2000–2024

0100.0B200.0B300.0B400.0B2000201220242000: 143.8B current US$2001: 143.5B current US$2002: 142.4B current US$2003: 141.6B current US$2004: 149.4B current US$2005: 161.7B current US$2006: 174.1B current US$2007: 191.1B current US$2008: 192.6B current US$2009: 189.2B current US$2010: 207.9B current US$2011: 227.4B current US$2012: 241.4B current US$2013: 251.2B current US$2014: 263.7B current US$2015: 277.9B current US$2016: 287.3B current US$2017: 302.5B current US$2018: 320.8B current US$2019: 326.8B current US$2020: 308.5B current US$2021: 330.9B current US$2022: 326.6B current US$2023: 348.2B current US$2024: 373.5B current US$

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

Analysis

In 2024, services, value added in Hong Kong stood at 373.46 billion current US$. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 7.3% on the previous year and up 41.6% over ten years.

Over the whole period, services, value added in Hong Kong peaked at 373.46 billion current US$ in 2024 and was at its lowest, 141.55 billion current US$, in 2003.

Hong Kong ranks 28th of 205 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 162.93 billion current US$ 141.55 billion current US$ 192.57 billion current US$ 10
2010s 270.69 billion current US$ 207.86 billion current US$ 326.79 billion current US$ 10
2020s 337.52 billion current US$ 308.47 billion current US$ 373.46 billion current US$ 5

Countries ranked near Hong Kong

  1. 25 Ireland 409.47 billion current US$ compare
  2. 26 Israel 395.04 billion current US$ compare
  3. 27 Argentina 383.58 billion current US$ compare
  4. 29 Austria 371.15 billion current US$ compare
  5. 30 Thailand 347.25 billion current US$ compare
  6. 31 Philippines 313.77 billion current US$ compare

See the full ranking of 252 places →

More economy & growth data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is services, value added in Hong Kong?
Services, value added in Hong Kong was 373.46 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Hong Kong?
The highest recorded value was 373.46 billion current US$ in 2024.
What is the lowest services, value added recorded in Hong Kong?
The lowest recorded value was 141.55 billion current US$ in 2003.
How does Hong Kong rank for services, value added?
Hong Kong ranks 28th out of 205 countries with data for 2024.
Is services, value added rising or falling in Hong Kong?
Over the last ten years it is up 41.6%. 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 Services, value added (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.