Hong Kong, China vs Luxembourg: Liquid liabilities to GDP

Hong Kong, China
438.8%
in 2021
Luxembourg
728.5%
in 2021
Hong Kong, China rank
2nd
Luxembourg rank
1st

Liquid liabilities to GDP over time

  • Hong Kong, China
  • Luxembourg
02004006008001.0k196019902021

How they compare

Luxembourg currently reports 728.5% against 438.8% in Hong Kong, China, a difference of 289.7%.

That makes Luxembourg's figure about 1.7 times Hong Kong, China's.

The two have swapped places 2 times across 28 shared years of data; in 1991 it was Luxembourg ahead.

Hong Kong, China ranks 2nd and Luxembourg ranks 1st of 186 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Hong Kong, China Luxembourg Difference Ahead
1990s 166.3% 251.2% 84.9% Luxembourg
2000s 269.1% 859.6% 590.5% Luxembourg
2010s 361.8% 630.4% 268.5% Luxembourg
2020s 446.7% 708.5% 261.8% Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher liquid liabilities to gdp, Hong Kong, China or Luxembourg?
Luxembourg, at 728.5% against 438.8% in Hong Kong, China as of 2021.
What is the difference in liquid liabilities to gdp between Hong Kong, China and Luxembourg?
289.7%, with Luxembourg ahead.
How many years of comparable data are there for Hong Kong, China and Luxembourg?
28 years are reported by both, from 1991 to 2021.
How do Hong Kong, China and Luxembourg rank globally for liquid liabilities to gdp?
Hong Kong, China ranks 2nd and Luxembourg ranks 1st of 186 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong, China vs Luxembourg: Liquid liabilities to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/compare/liquid-liabilities-to-gdp-percent/hong-kong-sar-china/luxembourg/

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.