Hong Kong: Savings, percent of GDP

The latest value from 2024 is 29.2 percent, an increase from 24.57 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Hong Kong from 1998 to 2024 is 29.3 percent. The minimum value, 24.04 percent, was reached in 2019 while the maximum of 36.02 percent was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Hong Kong and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.