Real GDP Growth: Hong Kong
Hong Kong's real gdp growth is currently 2.1% as of 2026. # Hong Kong Real GDP Growth Hong Kong's real GDP growth stood at 2.
Current (2026)
2.1%
-12.5% y/y
Peak (1987)
13.4%
Low (2020)
-6.5%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Real GDP Growth — Hong Kong
1980 — 2026
Real GDP Growth — Hong Kong
Analysis# Hong Kong Real GDP Growth
Hong Kong's real GDP growth stood at 2.1% in 2026, reflecting a mature economy operating at modest expansion rates. This represents a stark decline from the all-time peak of 13.4% in 1987, when Hong Kong experienced rapid industrialization and financial sector development. The metric has fallen 79.6 percentage points since 1980, underscoring a fundamental shift in growth dynamics. The economy hit its lowest point at -6.5% in 2020 during the COVID-19 pandemic, followed by a sharp rebound to 6.5% in 2021.
Recent years reveal a stabilization pattern after significant volatility. Following the pandemic contraction and recovery, growth moderated to a range of 2.1–3.2% between 2023 and 2026. The 2022 contraction of -3.7% marked another disruption, likely tied to Hong Kong's zero-COVID policies and geopolitical tensions. The current trajectory suggests growth settling into the 2–2.5% band, consistent with a developed economy facing structural maturity and external headwinds.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 2.3% | +0.00% |
| 2029 | 2.3% | +4.55% |
| 2028 | 2.2% | +10.00% |
| 2027 | 2.0% | -4.76% |
| 2026 | 2.1% | -12.50% |
| 2025 | 2.4% | -4.00% |
| 2024 | 2.5% | -21.88% |
| 2023 | 3.2% | +186.49% |
| 2022 | -3.7% | -156.92% |
| 2021 | 6.5% | +200.00% |
| 2020 | -6.5% | -282.35% |
| 2019 | -1.7% | -160.71% |
| 2018 | 2.8% | -26.32% |
| 2017 | 3.8% | +72.73% |
| 2016 | 2.2% | -8.33% |
| 2015 | 2.4% | -14.29% |
| 2014 | 2.8% | -9.68% |
| 2013 | 3.1% | +82.35% |
| 2012 | 1.7% | -64.58% |
| 2011 | 4.8% | -29.41% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 6.8% | +372.00% |
| 2009 | -2.5% | -219.05% |
| 2008 | 2.1% | -67.69% |
| 2007 | 6.5% | -7.14% |
| 2006 | 7.0% | -5.41% |
| 2005 | 7.4% | -14.94% |
| 2004 | 8.7% | +180.65% |
| 2003 | 3.1% | +82.35% |
| 2002 | 1.7% | +183.33% |
| 2001 | 0.6% | -92.21% |
| 2000 | 7.7% | +208.00% |
| 1999 | 2.5% | +142.37% |
| 1998 | -5.9% | -215.69% |
| 1997 | 5.1% | +18.60% |
| 1996 | 4.3% | +79.17% |
| 1995 | 2.4% | -60.00% |
| 1994 | 6.0% | -3.23% |
| 1993 | 6.2% | +0.00% |
| 1992 | 6.2% | +8.77% |
| 1991 | 5.7% | +50.00% |
| 1990 | 3.8% | +65.22% |
| 1989 | 2.3% | -72.94% |
| 1988 | 8.5% | -36.57% |
| 1987 | 13.4% | +20.72% |
| 1986 | 11.1% | +1485.71% |
| 1985 | 0.7% | -93.00% |
| 1984 | 10.0% | +66.67% |
| 1983 | 6.0% | +106.90% |
| 1982 | 2.9% | -68.48% |
| 1981 | 9.2% | -10.68% |
| 1980 | 10.3% | — |
Related Data
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Demographics
People & population data
No demographic data available.