Domestic credit to private sector in Hong Kong, China
Hong Kong, China: Domestic credit to private sector was 258.9% in 2020. ▲ Rising
Domestic credit to private sector in Hong Kong, China, 1990–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Hong Kong, China is 258.9%, measured in 2020. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 9.4% on the previous year and up 39.5% over ten years.
Over the whole period, domestic credit to private sector in Hong Kong, China peaked at 258.9% in 2020 and was at its lowest, 129.5%, in 1992.
That places Hong Kong, China 1st out of 187 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Domestic credit to private sector in Hong Kong, China, 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 | 140.3% | +2.6% |
| 2009 | 155.4% | +10.8% |
| 2010 | 185.6% | +19.4% |
| 2011 | 202.3% | +9.0% |
| 2012 | 198.5% | -1.9% |
| 2013 | 218.2% | +9.9% |
| 2014 | 233.2% | +6.9% |
| 2015 | 207.9% | -10.9% |
| 2016 | 214.3% | +3.1% |
| 2017 | 223.4% | +4.2% |
| 2018 | 219.9% | -1.6% |
| 2019 | 236.8% | +7.7% |
| 2020 | 258.9% | +9.4% |
Hong Kong, China compared with similar countries
- Hong Kong, China's 258.9% is above the median for high income countries, which is 82.3%, 3.1× the median. (61 countries reporting)
- Hong Kong, China's 258.9% is above the median for East Asia & Pacific, which is 105.2%, 2.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 150.1% | 129.5% | 169.3% | 10 |
| 2000s | 144.8% | 136.7% | 155.4% | 10 |
| 2010s | 214.0% | 185.6% | 236.8% | 10 |
| 2020s | 258.9% | 258.9% | 258.9% | 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 domestic credit to private sector in Hong Kong, China?
- Domestic credit to private sector in Hong Kong, China was 258.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Hong Kong, China?
- The highest recorded value was 258.9% in 2020.
- What is the lowest domestic credit to private sector recorded in Hong Kong, China?
- The lowest recorded value was 129.5% in 1992.
- How does Hong Kong, China rank for domestic credit to private sector?
- Hong Kong, China ranks 1st out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Hong Kong, China?
- Over the last ten years it is up 39.5%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.