Total factoring volume to GDP (%) in Hong Kong
Hong Kong: Total factoring volume to GDP (%) was 16.2% in 2020. ▲ Rising
Total factoring volume to GDP in Hong Kong, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
Hong Kong recorded 16.2% for total factoring volume to gdp in 2020.
That represents a change of up 8.7% on the previous year and up 94.2% over ten years.
Over the whole period, total factoring volume to gdp in Hong Kong peaked at 16.9% in 2018 and was at its lowest, 5.0%, in 2007.
Hong Kong ranks 4th of 73 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 14 years of available data.
Total factoring volume to GDP (%) in Hong Kong, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 5.0% | — |
| 2008 | 5.7% | +14.0% |
| 2009 | 5.2% | -7.7% |
| 2010 | 8.3% | +59.1% |
| 2011 | 9.7% | +16.6% |
| 2012 | 14.7% | +51.6% |
| 2013 | 16.1% | +9.4% |
| 2014 | 12.8% | -20.5% |
| 2015 | 11.8% | -8.3% |
| 2016 | 14.0% | +19.2% |
| 2017 | 16.5% | +17.7% |
| 2018 | 16.9% | +2.7% |
| 2019 | 14.9% | -12.0% |
| 2020 | 16.2% | +8.7% |
Hong Kong compared with similar countries
- Hong Kong's 16.2% is above the median for high income countries, which is 5.9%, 2.7× the median. (44 countries reporting)
- Hong Kong's 16.2% is above the median for East Asia & Pacific, which is 1.8%, 9.1× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 5.0% | 5.7% | 3 |
| 2010s | 13.6% | 8.3% | 16.9% | 10 |
| 2020s | 16.2% | 16.2% | 16.2% | 1 |
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 total factoring volume to gdp in Hong Kong?
- Total factoring volume to gdp in Hong Kong was 16.2% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Hong Kong?
- The highest recorded value was 16.9% in 2018.
- What is the lowest total factoring volume to gdp recorded in Hong Kong?
- The lowest recorded value was 5.0% in 2007.
- How does Hong Kong rank for total factoring volume to gdp?
- Hong Kong ranks 4th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Hong Kong?
- Over the last ten years it is up 94.2%. The long-run trend across the full record is rising.
- Where does this Hong Kong data come from?
- The figures come from Factors Chain International, published as part of Total factoring volume to GDP (%). Statizoid updates them automatically from the source API.
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About this data
GDP data provided by IFS and converted into USD using IFS exchange rates.