Services, Debit/Expenditure in Hong Kong
Hong Kong: Services, Debit/Expenditure was 90.01 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Hong Kong, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Hong Kong stood at 90.01 billion. That is the highest value across all 20 years on record.
That represents a change of up 14.0% on the previous year and up 21.7% over ten years.
Over the whole period, services, debit/expenditure in Hong Kong peaked at 90.01 billion in 2024 and was at its lowest, 54.95 billion, in 2020.
Hong Kong ranks 24th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 56.25 billion | — |
| 2006 | 63.70 billion | +13.2% |
| 2007 | 68.72 billion | +7.9% |
| 2008 | 72.61 billion | +5.7% |
| 2009 | 61.11 billion | -15.8% |
| 2010 | 70.40 billion | +15.2% |
| 2011 | 74.26 billion | +5.5% |
| 2012 | 76.62 billion | +3.2% |
| 2013 | 75.20 billion | -1.9% |
| 2014 | 73.96 billion | -1.6% |
| 2015 | 74.09 billion | +0.2% |
| 2016 | 74.48 billion | +0.5% |
| 2017 | 77.74 billion | +4.4% |
| 2018 | 81.64 billion | +5.0% |
| 2019 | 80.94 billion | -0.9% |
| 2020 | 54.95 billion | -32.1% |
| 2021 | 61.75 billion | +12.4% |
| 2022 | 63.23 billion | +2.4% |
| 2023 | 78.99 billion | +24.9% |
| 2024 | 90.01 billion | +14.0% |
Hong Kong compared with similar countries
- Hong Kong's 90.01 billion is above the median for high income countries, which is 18.44 billion, 4.9× the median. (72 countries reporting)
- Hong Kong's 90.01 billion is above the median for East Asia & Pacific, which is 2.40 billion, 37.6× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.48 billion | 56.25 billion | 72.61 billion | 5 |
| 2010s | 75.93 billion | 70.40 billion | 81.64 billion | 10 |
| 2020s | 69.78 billion | 54.95 billion | 90.01 billion | 5 |
Countries ranked near Hong Kong
More trade data for Hong Kong
- Commodity Net Export Price Index, Individual Commodities Weighted by 109.85 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.35 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.83 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 95.7 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.51 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 86.8 (2025)
- Imports of low carbon technology products, Percent of GDP 3.78 (2024)
- Imports of low carbon technology products, US dollar (World), per 2,044 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0377 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 15.24 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Hong Kong?
- Services, debit/expenditure in Hong Kong was 90.01 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Hong Kong?
- The highest recorded value was 90.01 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Hong Kong?
- The lowest recorded value was 54.95 billion in 2020.
- How does Hong Kong rank for services, debit/expenditure?
- Hong Kong ranks 24th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Hong Kong?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.