Private credit by deposit money banks to GDP in Hong Kong
Hong Kong: Private credit by deposit money banks to GDP was 260.0% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Hong Kong, 1990–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Hong Kong stood at 260.0%. That is the highest value across all 32 years on record.
That represents a change of up 0.4% on the previous year and up 28.5% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Hong Kong peaked at 260.0% in 2021 and was at its lowest, 129.5%, in 1992.
That places Hong Kong 1st out of 187 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Private credit by deposit money banks to GDP in Hong Kong, year by year
| Year | % | 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 | 203.8% | -2.0% |
| 2017 | 239.0% | +17.2% |
| 2018 | 219.9% | -8.0% |
| 2019 | 236.8% | +7.7% |
| 2020 | 258.9% | +9.4% |
| 2021 | 260.0% | +0.4% |
Hong Kong compared with similar countries
- Hong Kong's 260.0% is above the median for high income countries, which is 79.1%, 3.3× the median. (62 countries reporting)
- Hong Kong's 260.0% is above the median for East Asia & Pacific, which is 71.8%, 3.6× 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 | 214.5% | 185.6% | 239.0% | 10 |
| 2020s | 259.5% | 258.9% | 260.0% | 2 |
Countries ranked near Hong Kong
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 private credit by deposit money banks to gdp in Hong Kong?
- Private credit by deposit money banks to gdp in Hong Kong was 260.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Hong Kong?
- The highest recorded value was 260.0% in 2021.
- What is the lowest private credit by deposit money banks to gdp recorded in Hong Kong?
- The lowest recorded value was 129.5% in 1992.
- How does Hong Kong rank for private credit by deposit money banks to gdp?
- Hong Kong ranks 1st out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Hong Kong?
- Over the last ten years it is up 28.5%. 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 Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
Download this data
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).