Hong Kong: Savings, percent of GDP

* indicates monthly or quarterly data series
 Hong Kong

Savings as percent of GDP

 Latest value 24.93
 Year 2023
 Measure percent
 Data availability 1998 - 2023
 Average 29.31
 Min - Max 24.04 - 36.02
 Source The World Bank
The latest value from 2023 is 24.93 percent, a decline from 25.41 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Hong Kong from 1998 to 2023 is 29.31 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.
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* indicates monthly or quarterly data series


Recent data
Hong Kong - Savings, percent of GDP - Recent values chart

Historical series
Hong Kong - Savings, percent of GDP - historical chart - 1998-2023




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.

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 Related indicators Latest Reference Measure
 Share of industry 6.28 2022 percent
 Share of manufacturing 0.95 2022 percent
 Share of services 91.05 2022 percent
 Industry value added 22.52 2022 billion U.S. dollars
 Manufacturing value added 3.40 2022 billion U.S. dollars
 Services value added 326.58 2022 billion U.S. dollars
 Savings, percent of GDP 24.93 2023 percent
 Savings, in dollars 95.23 2023 billion U.S. dollars
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