Services, Credit/Revenue in Hong Kong
Hong Kong: Services, Credit/Revenue was 108.59 billion in 2024. ▲ Rising
Services, Credit/Revenue in Hong Kong, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Hong Kong stood at 108.59 billion.
Compared with earlier readings it is up 11.5% on the previous year and up 1.6% over ten years.
Over the whole period, services, credit/revenue in Hong Kong peaked at 113.15 billion in 2018 and was at its lowest, 47.38 billion, in 2005.
That places Hong Kong 22nd out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 47.38 billion | — |
| 2006 | 54.44 billion | +14.9% |
| 2007 | 64.45 billion | +18.4% |
| 2008 | 69.91 billion | +8.5% |
| 2009 | 64.67 billion | -7.5% |
| 2010 | 80.54 billion | +24.5% |
| 2011 | 91.30 billion | +13.4% |
| 2012 | 98.50 billion | +7.9% |
| 2013 | 104.78 billion | +6.4% |
| 2014 | 106.92 billion | +2.0% |
| 2015 | 104.36 billion | -2.4% |
| 2016 | 98.51 billion | -5.6% |
| 2017 | 104.10 billion | +5.7% |
| 2018 | 113.15 billion | +8.7% |
| 2019 | 101.97 billion | -9.9% |
| 2020 | 66.92 billion | -34.4% |
| 2021 | 79.12 billion | +18.2% |
| 2022 | 83.08 billion | +5.0% |
| 2023 | 97.35 billion | +17.2% |
| 2024 | 108.59 billion | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60.17 billion | 47.38 billion | 69.91 billion | 5 |
| 2010s | 100.41 billion | 80.54 billion | 113.15 billion | 10 |
| 2020s | 87.01 billion | 66.92 billion | 108.59 billion | 5 |
Countries ranked near Hong Kong
More financial sector data for Hong Kong
- Total reserves in months of imports, annual growth rate -0.5027 % change on previous year (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2023)
- Total reserves in months of imports, per capita 0 units per person (2023)
- 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)
Frequently asked questions
- What is services, credit/revenue in Hong Kong?
- Services, credit/revenue in Hong Kong was 108.59 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Hong Kong?
- The highest recorded value was 113.15 billion in 2018.
- What is the lowest services, credit/revenue recorded in Hong Kong?
- The lowest recorded value was 47.38 billion in 2005.
- How does Hong Kong rank for services, credit/revenue?
- Hong Kong ranks 22nd out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Hong Kong?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (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.