Credit to government and state-owned enterprises to GDP in Hong Kong, China
Hong Kong, China: Credit to government and state-owned enterprises to GDP was 7.7% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in Hong Kong, China, 1990–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, credit to government and state-owned enterprises to gdp in Hong Kong, China stood at 7.7%.
The figure is down 27.6% on the previous year and down 36.6% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Hong Kong, China peaked at 20.7% in 2004 and was at its lowest, 2.6%, in 1991.
Hong Kong, China ranks 121st of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Credit to government and state-owned enterprises to GDP in Hong Kong, China, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 3.0% | — |
| 1991 | 2.6% | -12.8% |
| 1992 | 3.7% | +42.3% |
| 1993 | 6.1% | +65.6% |
| 1994 | 10.2% | +66.8% |
| 1995 | 5.1% | -49.7% |
| 1996 | 8.5% | +65.7% |
| 1997 | 10.5% | +23.4% |
| 1998 | 10.7% | +2.6% |
| 1999 | 13.0% | +20.8% |
| 2000 | 15.0% | +16.1% |
| 2001 | 16.1% | +7.1% |
| 2002 | 18.0% | +12.1% |
| 2003 | 17.6% | -2.7% |
| 2004 | 20.7% | +17.8% |
| 2005 | 18.1% | -12.6% |
| 2006 | 17.1% | -5.2% |
| 2007 | 14.5% | -15.3% |
| 2008 | 7.2% | -50.4% |
| 2009 | 10.2% | +41.7% |
| 2010 | 12.2% | +19.1% |
| 2011 | 10.7% | -11.7% |
| 2012 | 9.7% | -9.3% |
| 2013 | 10.1% | +3.4% |
| 2014 | 8.6% | -14.9% |
| 2015 | 7.8% | -9.5% |
| 2016 | 8.8% | +12.9% |
| 2017 | 8.7% | -0.4% |
| 2018 | 10.4% | +18.8% |
| 2019 | 10.7% | +2.8% |
| 2020 | 7.7% | -27.6% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 7.7% is below the median for high income countries, which is 12.5%, 62% of the median. (61 countries reporting)
- Hong Kong, China's 7.7% is below the median for East Asia & Pacific, which is 11.0%, 70% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.3% | 2.6% | 13.0% | 10 |
| 2000s | 15.5% | 7.2% | 20.7% | 10 |
| 2010s | 9.8% | 7.8% | 12.2% | 10 |
| 2020s | 7.7% | 7.7% | 7.7% | 1 |
Countries ranked near Hong Kong, China
More financial sector data for Hong Kong, China
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -3.35 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.7308 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 41,641 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.454 % change on previous year (2023)
- Reserves excluding gold (SDR), per capita 42,075 SDR per person (2023)
- Total reserves (gold at market value) (SDR), annual growth rate -0.4501 % change on previous year (2023)
- Total reserves (gold at market value) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.4504 % change on previous year (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
- Total reserves in months of imports, annual growth rate -0.5027 % change on previous year (2023)
Frequently asked questions
- What is credit to government and state-owned enterprises to gdp in Hong Kong, China?
- Credit to government and state-owned enterprises to gdp in Hong Kong, China was 7.7% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Hong Kong, China?
- The highest recorded value was 20.7% in 2004.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Hong Kong, China?
- The lowest recorded value was 2.6% in 1991.
- How does Hong Kong, China rank for credit to government and state-owned enterprises to gdp?
- Hong Kong, China ranks 121st out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Hong Kong, China?
- Over the last ten years it is down 36.6%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).