Services balance (credit less debit), Net (credits less debits) (US) in Hong Kong
Hong Kong: Services balance (credit less debit), Net (credits less debits) (US) was 18.57 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Hong Kong, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Hong Kong stood at 18.57 billion.
The figure is up 1.1% on the previous year and down 43.6% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Hong Kong peaked at 32.96 billion in 2014 and was at its lowest, -9.26 billion, in 2006.
Hong Kong ranks 16th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -8.87 billion | — |
| 2006 | -9.26 billion | +4.4% |
| 2007 | -4.27 billion | -54.0% |
| 2008 | -2.70 billion | -36.6% |
| 2009 | 3.56 billion | -231.8% |
| 2010 | 10.14 billion | +184.7% |
| 2011 | 17.04 billion | +68.0% |
| 2012 | 21.89 billion | +28.4% |
| 2013 | 29.58 billion | +35.2% |
| 2014 | 32.96 billion | +11.4% |
| 2015 | 30.26 billion | -8.2% |
| 2016 | 24.03 billion | -20.6% |
| 2017 | 26.36 billion | +9.7% |
| 2018 | 31.51 billion | +19.5% |
| 2019 | 21.03 billion | -33.3% |
| 2020 | 11.98 billion | -43.0% |
| 2021 | 17.37 billion | +45.0% |
| 2022 | 19.85 billion | +14.2% |
| 2023 | 18.36 billion | -7.5% |
| 2024 | 18.57 billion | +1.1% |
Hong Kong compared with similar countries
- Hong Kong's 18.57 billion is above the median for high income countries, which is 910.63 million, 20.4× the median. (72 countries reporting)
- Hong Kong's 18.57 billion is above the median for East Asia & Pacific, which is -101.20 million. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) in Hong Kong changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +231.8% | -2.70 billion | 3.56 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.31 billion | -9.26 billion | 3.56 billion | 5 |
| 2010s | 24.48 billion | 10.14 billion | 32.96 billion | 10 |
| 2020s | 17.23 billion | 11.98 billion | 19.85 billion | 5 |
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 services balance (credit less debit), net (credits less debits) in Hong Kong?
- Services balance (credit less debit), net (credits less debits) in Hong Kong was 18.57 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Hong Kong?
- The highest recorded value was 32.96 billion in 2014.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Hong Kong?
- The lowest recorded value was -9.26 billion in 2006.
- How does Hong Kong rank for services balance (credit less debit), net (credits less debits)?
- Hong Kong ranks 16th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Hong Kong?
- Over the last ten years it is down 43.6%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.