Services value added — all countries

Services value added — Hong Kong

Services value added in Hong Kong in 2024 — 373,464,552,612 US$. Ranked 24 in the world out of 188. Since 2000, the indicator has risen by 159.7%.

2024 373B US$ +7.27% vs 2023
World rank 24of 188
Period maximum 373B US$2024
Period minimum 142B US$2003

Trend over time

2000–2024 · US$

Services value added — Hong Kong, 2000–2024100B200B300B400B2000200320062009201220152018202120242000: 143,786,675,347 US$2001: 143,469,658,599 US$2002: 142,410,285,941 US$2003: 141,551,096,414 US$2004: 149,403,954,802 US$2005: 161,702,861,379 US$2006: 174,100,292,836 US$2007: 191,051,830,712 US$2008: 192,572,513,113 US$2009: 189,211,984,391 US$2010: 207,862,824,933 US$2011: 227,410,842,754 US$2012: 241,412,755,400 US$2013: 251,198,169,159 US$2014: 263,699,653,460 US$2015: 277,942,658,109 US$2016: 287,257,045,315 US$2017: 302,488,964,738 US$2018: 320,845,442,368 US$2019: 326,792,129,115 US$2020: 308,474,062,806 US$2021: 330,862,123,308 US$2022: 326,637,950,705 US$2023: 348,160,815,206 US$2024: 373,464,552,612 US$
Change over the period: +230B (+159.74%) Average annual rate: 4.06 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Hong Kong

Hong Kong 373B US$
World 70.69T US$
Eastern Asia computed 15.15T US$
High-income countries computed 25.79T US$
Services value added — Hong Kong, by year Hong Kong All countries CSV XLSX
Year US$ Change Change, %
2024 373B +25.3B +7.27%
2023 348B +21.52B +6.59%
2022 327B −4.22B −1.28%
2021 331B +22.39B +7.26%
2020 308B −18.32B −5.61%
2019 327B +5.95B +1.85%
2018 321B +18.36B +6.07%
2017 302B +15.23B +5.3%
2016 287B +9.31B +3.35%
2015 278B +14.24B +5.4%
2014 264B +12.5B +4.98%
2013 251B +9.79B +4.05%
2012 241B +14B +6.16%
2011 227B +19.55B +9.4%
2010 208B +18.65B +9.86%
2009 189B −3.36B −1.75%
2008 193B +1.52B +0.8%
2007 191B +16.95B +9.74%
2006 174B +12.4B +7.67%
2005 162B +12.3B +8.23%
2004 149B +7.85B +5.55%
2003 142B −859M −0.6%
2002 142B −1.06B −0.74%
2001 143B −317M −0.22%
2000 144B

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.