Government debt — all countries

Government debt — Hong Kong

Government debt in Hong Kong in 2031 — 19.8%. Ranked 14 in the world out of 184. Since 2004, the indicator has risen by 17.9 pp.

2031 19.8% +0.6 pp vs 2030
World rank 14of 184
Period maximum 19.8%2031
Period minimum 0.1%2014

Trend over time

2004–2031 · % of GDP

Government debt — Hong Kong, 2004–20310510152020042007201020132016201920222025202820312004: 1.9%2005: 1.7%2006: 1.4%2007: 1.2%2008: 1%2009: 0.7%2010: 0.6%2011: 0.6%2012: 0.5%2013: 0.5%2014: 0.1%2015: 0.1%2016: 0.1%2017: 0.1%2018: 0.1%2019: 0.3%2020: 1%2021: 1.9%2022: 4.3%2023: 6.3%2024: 9.2%2025: 11.9%2026: 14.1%2027: 15.6%2028: 17.5%2029: 18.4%2030: 19.2%2031: 19.8%
Change over the period: +17.9 pp Annual average: 0.66 pp

Comparison, 2031

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

Hong Kong 19.8%
World computed 102.5%
East Asia & Pacific computed 113.3%
Eastern Asia computed 126.5%
High-income countries computed 108.6%
Government debt — Hong Kong, by year Hong Kong All countries CSV XLSX
Year % Change, pp
2031 19.8 +0.6 pp
2030 19.2 +0.8 pp
2029 18.4 +0.9 pp
2028 17.5 +1.9 pp
2027 15.6 +1.5 pp
2026 14.1 +2.2 pp
2025 11.9 +2.7 pp
2024 9.2 +2.9 pp
2023 6.3 +2 pp
2022 4.3 +2.4 pp
2021 1.9 +0.9 pp
2020 1 +0.7 pp
2019 0.3 +0.2 pp
2018 0.1 +0 pp
2017 0.1 +0 pp
2016 0.1 +0 pp
2015 0.1 +0 pp
2014 0.1 −0.4 pp
2013 0.5 +0 pp
2012 0.5 −0.1 pp
2011 0.6 +0 pp
2010 0.6 −0.1 pp
2009 0.7 −0.3 pp
2008 1 −0.2 pp
2007 1.2 −0.2 pp
2006 1.4 −0.3 pp
2005 1.7 −0.2 pp
2004 1.9

Eastern Asia, 2031

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

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.