Total factoring volume to GDP in Hong Kong, China
Hong Kong, China: Total factoring volume to GDP was 16.2% in 2020. ▲ Rising
Total factoring volume to GDP in Hong Kong, China, 2007–2020
Source: Factors Chain International. Measured in %.
Analysis
Hong Kong, China 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, China peaked at 16.9% in 2018 and was at its lowest, 5.0%, in 2007.
Hong Kong, China 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, China, 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% |
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, China
More financial sector data for Hong Kong, China
- Net domestic credit (current LCU), per capita 1.09 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.14 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.56 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 2.35 million SDR (2025)
- Gold reserves at market value 213.69 million SDR (2025)
- Reserves excluding gold, foreign exchange 312.26 billion SDR (2025)
- Reserves excluding gold 317.08 billion SDR (2023)
- Total reserves (gold at market value) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) 317.18 billion SDR (2023)
- Total reserves (gold at national valuation) (SDR), per capita 42,088 SDR per person (2023)
Frequently asked questions
- What is total factoring volume to gdp in Hong Kong, China?
- Total factoring volume to gdp in Hong Kong, China was 16.2% in 2020, according to Factors Chain International.
- What is the highest total factoring volume to gdp recorded in Hong Kong, China?
- The highest recorded value was 16.9% in 2018.
- What is the lowest total factoring volume to gdp recorded in Hong Kong, China?
- The lowest recorded value was 5.0% in 2007.
- How does Hong Kong, China rank for total factoring volume to gdp?
- Hong Kong, China ranks 4th out of 73 countries with data for 2020.
- Is total factoring volume to gdp rising or falling in Hong Kong, China?
- 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, China 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.