Liquid liabilities to GDP in Hong Kong

Hong Kong: Liquid liabilities to GDP was 438.8% in 2021. ▲ Rising

Latest (2021)
438.8%
Change on year
down 3.5%
World rank
2nd
of 186 countries
All-time high
454.6%
in 2020
All-time low
160.6%
in 1994
Years of data
31
1991–2021

Liquid liabilities to GDP in Hong Kong, 1991–2021

01002003004005001991200620211991: 175.7 %1992: 163.3 %1993: 162 %1994: 160.6 %1995: 166.7 %1996: 169.8 %1997: 166.1 %1998: 193.8 %1999: 213.5 %2000: 224.4 %2001: 226.5 %2002: 232 %2003: 254.5 %2004: 260.7 %2005: 251.7 %2006: 274.8 %2007: 297.4 %2008: 299.6 %2009: 324.4 %2010: 325.4 %2011: 328.2 %2012: 336.1 %2013: 350.6 %2014: 361.3 %2015: 362.9 %2016: 376.6 %2017: 387.5 %2018: 386.2 %2019: 403.3 %2020: 454.6 %2021: 438.8 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, liquid liabilities to gdp in Hong Kong stood at 438.8%.

That represents a change of down 3.5% on the previous year and up 33.7% over ten years.

Over the whole period, liquid liabilities to gdp in Hong Kong peaked at 454.6% in 2020 and was at its lowest, 160.6%, in 1994.

That places Hong Kong 2nd out of 186 countries with data for 2021, putting it in the top 10%.

The long-run direction has been consistently rising across the 31 years of available data.

Liquid liabilities to GDP in Hong Kong, year by year

Annual values for Liquid liabilities to GDP (%) in Hong Kong, 1991 to 2021.
Year % Change
1991 175.7%
1992 163.3% -7.1%
1993 162.0% -0.8%
1994 160.6% -0.9%
1995 166.7% +3.8%
1996 169.8% +1.9%
1997 166.1% -2.2%
1998 193.8% +16.7%
1999 213.5% +10.2%
2000 224.4% +5.1%
2001 226.5% +1.0%
2002 232.0% +2.4%
2003 254.5% +9.7%
2004 260.7% +2.4%
2005 251.7% -3.4%
2006 274.8% +9.2%
2007 297.4% +8.2%
2008 299.6% +0.8%
2009 324.4% +8.3%
2010 325.4% +0.3%
2011 328.2% +0.9%
2012 336.1% +2.4%
2013 350.6% +4.3%
2014 361.3% +3.1%
2015 362.9% +0.4%
2016 376.6% +3.8%
2017 387.5% +2.9%
2018 386.2% -0.4%
2019 403.3% +4.4%
2020 454.6% +12.7%
2021 438.8% -3.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 174.6% 160.6% 213.5% 9
2000s 264.6% 224.4% 324.4% 10
2010s 361.8% 325.4% 403.3% 10
2020s 446.7% 438.8% 454.6% 2

Countries ranked near Hong Kong

  1. 1 Luxembourg 728.5% compare
  2. 3 Japan 287.9% compare
  3. 4 Macao 286.9% compare
  4. 5 Lebanon 259.2% compare

See the full ranking of 186 places →

More financial sector data for Hong Kong

All data for Hong Kong →

Frequently asked questions

What is liquid liabilities to gdp in Hong Kong?
Liquid liabilities to gdp in Hong Kong was 438.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in Hong Kong?
The highest recorded value was 454.6% in 2020.
What is the lowest liquid liabilities to gdp recorded in Hong Kong?
The lowest recorded value was 160.6% in 1994.
How does Hong Kong rank for liquid liabilities to gdp?
Hong Kong ranks 2nd out of 186 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in Hong Kong?
Over the last ten years it is up 33.7%. 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 (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

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Liquid liabilities to GDP in Hong Kong. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 30 August 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/hong-kong-sar-china/

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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.