Domestic credit to private sector by banks in Hong Kong
Hong Kong: Domestic credit to private sector by banks was 222.6% in 2025. ▲ Rising
Domestic credit to private sector by banks in Hong Kong, 1990–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Hong Kong stood at 222.6%.
Compared with earlier readings it is down 3.3% on the previous year and up 6.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Hong Kong peaked at 264.4% in 2022 and was at its lowest, 129.5%, in 1992.
That places Hong Kong 1st out of 187 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Domestic credit to private sector by banks in Hong Kong, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 160.5% | — |
| 1991 | 137.3% | -14.5% |
| 1992 | 129.5% | -5.6% |
| 1993 | 134.9% | +4.2% |
| 1994 | 143.5% | +6.4% |
| 1995 | 149.4% | +4.1% |
| 1996 | 156.7% | +4.9% |
| 1997 | 169.3% | +8.1% |
| 1998 | 166.8% | -1.5% |
| 1999 | 152.8% | -8.4% |
| 2000 | 150.4% | -1.6% |
| 2001 | 149.0% | -0.9% |
| 2002 | 145.7% | -2.2% |
| 2003 | 146.2% | +0.4% |
| 2004 | 144.8% | -1.0% |
| 2005 | 143.1% | -1.1% |
| 2006 | 136.8% | -4.4% |
| 2007 | 136.7% | -0.1% |
| 2008 | 148.5% | +8.6% |
| 2009 | 154.8% | +4.3% |
| 2010 | 177.1% | +14.4% |
| 2011 | 185.5% | +4.7% |
| 2012 | 190.3% | +2.6% |
| 2013 | 204.1% | +7.2% |
| 2014 | 214.1% | +4.9% |
| 2015 | 208.8% | -2.5% |
| 2016 | 214.3% | +2.6% |
| 2017 | 223.4% | +4.2% |
| 2018 | 219.9% | -1.6% |
| 2019 | 236.7% | +7.7% |
| 2020 | 258.9% | +9.4% |
| 2021 | 259.2% | +0.1% |
| 2022 | 264.4% | +2.0% |
| 2023 | 248.8% | -5.9% |
| 2024 | 230.2% | -7.5% |
| 2025 | 222.6% | -3.3% |
Hong Kong compared with similar countries
- Hong Kong's 222.6% is above the median for high income countries, which is 64.3%, 3.5× the median. (61 countries reporting)
- Hong Kong's 222.6% is above the median for East Asia & Pacific, which is 65.2%, 3.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 150.1% | 129.5% | 169.3% | 10 |
| 2000s | 145.6% | 136.7% | 154.8% | 10 |
| 2010s | 207.4% | 177.1% | 236.7% | 10 |
| 2020s | 247.4% | 222.6% | 264.4% | 6 |
Countries ranked near Hong Kong
- 2 China 194.3% compare
- 3 Switzerland 167.8% compare
- 4 South Korea 160.3% compare
More financial sector data for Hong Kong
- 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 domestic credit to private sector by banks in Hong Kong?
- Domestic credit to private sector by banks in Hong Kong was 222.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Hong Kong?
- The highest recorded value was 264.4% in 2022.
- What is the lowest domestic credit to private sector by banks recorded in Hong Kong?
- The lowest recorded value was 129.5% in 1992.
- How does Hong Kong rank for domestic credit to private sector by banks?
- Hong Kong ranks 1st out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Hong Kong?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.