Current Account Balance: Hong Kong
Hong Kong's current account balance is currently 12.2 % of GDP as of 2026. # Hong Kong Current Account Balance Hong Kong's current account balance reached 12.
Current (2026)
12.2 % of GDP
-2.4% y/y
Peak (2008)
15.1 % of GDP
Low (1995)
-6.3 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Hong Kong
1980 — 2026
Current Account Balance — Hong Kong
Analysis# Hong Kong Current Account Balance
Hong Kong's current account balance reached 12.2% of GDP in 2026, reflecting strong external finances after decades of volatility. The metric peaked at 15.1% in 2008 during the post-financial crisis period, while hitting a low of -6.3% in 1995 when the economy faced external pressures. Since 1980, the overall trajectory has shifted dramatically positive, with a total change of 344%, signaling a fundamental rebalancing toward sustained current account surpluses.
The most striking shift occurred after 2020, when the balance jumped from 7% to 11.8% in 2021—a sharp recovery driven by trade dynamics and capital flows. After moderating slightly to 8.5% in 2023, the account rebounded to 13% in 2024 and has stabilized around 12-12.5% through 2026. This elevated level suggests Hong Kong maintains robust external competitiveness and sustained saving patterns relative to investment.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 11.5 % of GDP | +0.00% |
| 2029 | 11.5 % of GDP | -1.71% |
| 2028 | 11.7 % of GDP | -1.68% |
| 2027 | 11.9 % of GDP | -2.46% |
| 2026 | 12.2 % of GDP | -2.40% |
| 2025 | 12.5 % of GDP | -3.85% |
| 2024 | 13 % of GDP | +52.94% |
| 2023 | 8.5 % of GDP | -16.67% |
| 2022 | 10.2 % of GDP | -13.56% |
| 2021 | 11.8 % of GDP | +68.57% |
| 2020 | 7 % of GDP | +18.64% |
| 2019 | 5.9 % of GDP | +59.46% |
| 2018 | 3.7 % of GDP | -19.57% |
| 2017 | 4.6 % of GDP | +15.00% |
| 2016 | 4 % of GDP | +21.21% |
| 2015 | 3.3 % of GDP | +135.71% |
| 2014 | 1.4 % of GDP | -6.67% |
| 2013 | 1.5 % of GDP | -6.25% |
| 2012 | 1.6 % of GDP | -71.43% |
| 2011 | 5.6 % of GDP | -20.00% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 7 % of GDP | -29.29% |
| 2009 | 9.9 % of GDP | -34.44% |
| 2008 | 15.1 % of GDP | +16.15% |
| 2007 | 13 % of GDP | +2.36% |
| 2006 | 12.7 % of GDP | +6.72% |
| 2005 | 11.9 % of GDP | +19.00% |
| 2004 | 10 % of GDP | -7.41% |
| 2003 | 10.8 % of GDP | +36.71% |
| 2002 | 7.9 % of GDP | +29.51% |
| 2001 | 6.1 % of GDP | +38.64% |
| 2000 | 4.4 % of GDP | -31.25% |
| 1999 | 6.4 % of GDP | +326.67% |
| 1998 | 1.5 % of GDP | +134.09% |
| 1997 | -4.4 % of GDP | -76.00% |
| 1996 | -2.5 % of GDP | +60.32% |
| 1995 | -6.3 % of GDP | -687.50% |
| 1994 | -0.8 % of GDP | -117.02% |
| 1993 | 4.7 % of GDP | +56.67% |
| 1992 | 3 % of GDP | -30.23% |
| 1991 | 4.3 % of GDP | -30.65% |
| 1990 | 6.2 % of GDP | -32.61% |
| 1989 | 9.2 % of GDP | +43.75% |
| 1988 | 6.4 % of GDP | -16.88% |
| 1987 | 7.7 % of GDP | +18.46% |
| 1986 | 6.5 % of GDP | -10.96% |
| 1985 | 7.3 % of GDP | +7.35% |
| 1984 | 6.8 % of GDP | +1033.33% |
| 1983 | 0.6 % of GDP | +220.00% |
| 1982 | -0.5 % of GDP | +80.00% |
| 1981 | -2.5 % of GDP | +50.00% |
| 1980 | -5 % of GDP | — |
Related Data
Other Metrics
For Hong Kong
Compare Current Account Balance
Same metric, other countries
Demographics
People & population data
No demographic data available.