Hong Kong GDP Growth Rate (2026)
Hong Kong has a highly developed service-based economy centered on finance, trade, logistics, tourism, and professional services. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.4%
Annual real GDP growth
World Rank
#134
Out of 218 economies
Change vs 2025
-1.1 pp
2025: +3.5%
Asia Rank
#39
Out of 51 economies
1. Hong Kong GDP Growth Rate in 2026
Hong Kong’s economic growth is influenced by financial activity, tourism, retail spending, trade, property conditions, and demand from mainland China. Interest rates and global financial conditions also play major roles.
2. Hong Kong GDP Growth Rate Trends (1980–2026)
Hong Kong’s growth history reflects its development as a major international finance and trade hub. External demand, property cycles, tourism, and integration with mainland China have strongly influenced performance.
3. Hong Kong GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +2.4% | -1.1 pp |
| 2025 | +3.5% | +0.9 pp |
| 2024 | +2.6% | -0.5 pp |
| 2023 | +3.1% | +6.8 pp |
| 2022 | -3.7% | -10.2 pp |
| 2021 | +6.5% | +13.0 pp |
| 2020 | -6.5% | -4.8 pp |
| 2019 | -1.7% | -4.5 pp |
| 2018 | +2.8% | -1.0 pp |
| 2017 | +3.8% | +1.6 pp |
| 2016 | +2.2% | -0.2 pp |
| 2015 | +2.4% | -0.4 pp |
| 2014 | +2.8% | -0.3 pp |
| 2013 | +3.1% | +1.4 pp |
| 2012 | +1.7% | -3.1 pp |
| 2011 | +4.8% | -2.0 pp |
| 2010 | +6.8% | +9.3 pp |
| 2009 | -2.5% | -4.6 pp |
| 2008 | +2.1% | -4.4 pp |
| 2007 | +6.5% | -0.5 pp |
| 2006 | +7.0% | -0.4 pp |
| 2005 | +7.4% | -1.3 pp |
| 2004 | +8.7% | +5.6 pp |
| 2003 | +3.1% | +1.4 pp |
| 2002 | +1.7% | +1.1 pp |
| 2001 | +0.6% | -7.1 pp |
| 2000 | +7.7% | +5.2 pp |
| 1999 | +2.5% | +8.4 pp |
| 1998 | -5.9% | -11.0 pp |
| 1997 | +5.1% | +0.8 pp |
| 1996 | +4.3% | +1.9 pp |
| 1995 | +2.4% | -3.6 pp |
| 1994 | +6.0% | -0.2 pp |
| 1993 | +6.2% | 0.0 pp |
| 1992 | +6.2% | +0.5 pp |
| 1991 | +5.7% | +1.9 pp |
| 1990 | +3.8% | +1.5 pp |
| 1989 | +2.3% | -6.2 pp |
| 1988 | +8.5% | -4.9 pp |
| 1987 | +13.4% | +2.3 pp |
| 1986 | +11.1% | +10.4 pp |
| 1985 | +0.7% | -9.3 pp |
| 1984 | +10.0% | +4.0 pp |
| 1983 | +6.0% | +3.1 pp |
| 1982 | +2.9% | -6.3 pp |
| 1981 | +9.2% | -1.1 pp |
| 1980 | +10.3% | — |
4. Hong Kong GDP Growth Performance
Current Growth Rate
+2.4%
(2026 to 2026)
5-Year Average
+1.6%
(2022 to 2026)
10-Year Average
+1.3%
(2017 to 2026)
20-Year Average
+2.1%
(2007 to 2026)
The economy benefits from deep financial markets, global connectivity, and a strong services sector. Property weakness and softer regional demand can weigh on domestic activity and investment.
5. Hong Kong GDP Growth Rate vs Asia and World
Hong Kong
+2.4%
Asia Average
+2.4%
World Average
+2.9%
0.0%
1.5%
2.9%
Annual real GDP growth (%)
Hong Kong’s GDP growth rate is approximately
0.1 pp
above the
Asia average
and
0.5 pp
below the world average.
6. Hong Kong GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #35 | Cyprus | +3.0% |
| #36 | Jordan | +2.8% |
| #37 | Brunei | +2.6% |
| #38 | Turkmenistan | +2.6% |
| #39 | Hong Kong | +2.4% |
| #40 | Azerbaijan | +2.2% |
| #41 | South Korea | +1.9% |
| #42 | Thailand | +1.5% |
| #43 | Japan | +0.7% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Hong Kong
Hong Kong GDP (Nominal)
$450.1 Billion
(2026)
Hong Kong GDP Growth Rate
+2.4%
(2026)
Hong Kong’s growth is closely linked to mainland China and wider Asian trade conditions. Its highly open economy can experience greater volatility than larger economies with stronger domestic demand.
Explore more:
Hong Kong GDP
9. Hong Kong GDP Growth Rate Forecast
The outlook depends on tourism, financial services, property conditions, trade, and mainland Chinese demand. Global financial uncertainty and weaker investment remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.4% | 0.0 pp |
| 2028 | +2.3% | -0.1 pp |
| 2029 | +2.3% | 0.0 pp |
| 2030 | +2.2% | -0.1 pp |
10. Hong Kong GDP Growth Rate: Key Findings
Hong Kong GDP growth rate is estimated at +2.4% in 2026.
It ranks #134 globally and #39 in Asia by annual GDP growth rate.
The growth rate slowed by 1.1 percentage points compared with 2025.
The 5-year average GDP growth rate is +1.6%.
The 10-year average GDP growth rate is +1.3%.
The current rate is 0.1 percentage points above the Asia average.
The current rate is 0.5 percentage points below the world average.
The forecast GDP growth rate is +2.2% in 2030, 0.2 percentage points below the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Hong Kong GDP Growth Rate FAQs
Hong Kong GDP growth rate is estimated at +2.4% in 2026.
Hong Kong ranks #134 globally and #39 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.4% in 2026.
Hong Kong GDP growth rate was +2.4% in 2015.
Hong Kong GDP growth rate is 0.1 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.