Inflation, GDP deflator: linked series in Hong Kong, China
Hong Kong, China: Inflation, GDP deflator: linked series was 1.0% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Hong Kong, China, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Hong Kong, China recorded 1.0% for inflation, gdp deflator: linked series in 2025.
The figure is down 75.4% on the previous year and down 71.9% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Hong Kong, China peaked at 9.9% in 1992 and was at its lowest, -6.0%, in 2003.
That places Hong Kong, China 177th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Hong Kong, China, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 7.6% | — |
| 1991 | 9.1% | +20.8% |
| 1992 | 9.9% | +8.3% |
| 1993 | 8.6% | -13.0% |
| 1994 | 6.3% | -26.6% |
| 1995 | 4.1% | -34.5% |
| 1996 | 5.9% | +42.1% |
| 1997 | 5.8% | -2.1% |
| 1998 | 1.2% | -78.8% |
| 1999 | -4.1% | -435.7% |
| 2000 | -3.4% | -17.1% |
| 2001 | -1.8% | -47.7% |
| 2002 | -3.4% | +91.8% |
| 2003 | -6.0% | +76.6% |
| 2004 | -3.6% | -40.2% |
| 2005 | -0.2% | -95.8% |
| 2006 | -0.5% | +256.4% |
| 2007 | 3.1% | -686.6% |
| 2008 | 1.3% | -59.2% |
| 2009 | -0.4% | -129.3% |
| 2010 | 0.3% | -172.1% |
| 2011 | 3.9% | +1340.4% |
| 2012 | 3.5% | -9.1% |
| 2013 | 1.8% | -48.9% |
| 2014 | 2.9% | +57.3% |
| 2015 | 3.6% | +27.8% |
| 2016 | 1.6% | -55.0% |
| 2017 | 2.9% | +75.8% |
| 2018 | 3.7% | +27.0% |
| 2019 | 2.0% | -44.1% |
| 2020 | 0.6% | -68.8% |
| 2021 | 0.7% | +7.1% |
| 2022 | 1.7% | +147.0% |
| 2023 | 2.9% | +71.3% |
| 2024 | 4.2% | +43.8% |
| 2025 | 1.0% | -75.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.4% | -4.1% | 9.9% | 10 |
| 2000s | -1.5% | -6.0% | 3.1% | 10 |
| 2010s | 2.6% | 0.3% | 3.9% | 10 |
| 2020s | 1.8% | 0.6% | 4.2% | 6 |
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 inflation, gdp deflator: linked series in Hong Kong, China?
- Inflation, gdp deflator: linked series in Hong Kong, China was 1.0% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Hong Kong, China?
- The highest recorded value was 9.9% in 1992.
- What is the lowest inflation, gdp deflator: linked series recorded in Hong Kong, China?
- The lowest recorded value was -6.0% in 2003.
- How does Hong Kong, China rank for inflation, gdp deflator: linked series?
- Hong Kong, China ranks 177th out of 214 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Hong Kong, China?
- Over the last ten years it is down 71.9%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
Download this data
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.