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Hong Kong SAR, China Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

11.66% +2.41% (+26.1%)
Year 2025 Rank #174 Global Peak 11.66% (2025) Source IMF WEO

Hong Kong SAR, China Government Debt to GDP (2004–2025)

Overview

Hong Kong SAR, China's government debt to gdp stood at 11.66% in 2025, a rise of +2.41% from 2024. The IMF projects 11.66% by 2025. Hong Kong SAR, China ranked 174th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 14.48% - -
2029* IMF 14.53% - -
2028* IMF 14.55% - -
2027* IMF 14.12% - -
2026* IMF 14.02% - -
2025* IMF 11.66% - -
2025 11.66% +2.41% #174
2024 9.25% +2.92% #7
2023 6.33% +2.05% #5
2022 4.28% +2.34% #4
2021 1.94% +0.94% #2
2020 1.00% +0.73% #2
2019 0.27% +0.22% #1
2018 0.05% −0.00% #1
2017 0.06% −0.00% #1
2016 0.06% −0.00% #1
2015 0.06% −0.00% #1
2014 0.07% −0.45% #1
2013 0.52% −0.03% #3
2012 0.54% −0.03% #3
2011 0.57% −0.05% #2
Show all years (2004-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.7% GDP growth 3.8% C/A balance 4.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Hong Kong SAR, China matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Hong Kong SAR, China's government debt to gdp?

Hong Kong SAR, China's government debt to gdp was 11.66% in 2025. Ranked 174th globally. This represents a 26.1% increase from the previous year.

What was the highest government debt to gdp in Hong Kong SAR, China?

Hong Kong SAR, China's government debt to gdp peaked at 11.66% in 2025.

What was the lowest government debt to gdp in Hong Kong SAR, China?

The lowest government debt to gdp in Hong Kong SAR, China was 0.05% in 2018.

How does Hong Kong SAR, China rank in government debt to gdp?

Hong Kong SAR, China ranks 174th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Hong Kong SAR, China in 2025?

Hong Kong SAR, China's government debt to gdp is projected to reach 11.66% by 2025 based on IMF projection.

What is the government debt to gdp of Hong Kong SAR, China in 2025?

The government debt to gdp of Hong Kong SAR, China in 2025 was 11.66%. This ranks 174th in the world.

Cite this page

APA
Hong Kong SAR, China Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/hong-kong-sar-china/government-debt-to-gdp
BibTeX
@misc{historysaid_hong-kong-sar-china_government-debt-to-gdp, title = {Hong Kong SAR, China Government Debt to GDP}, url = {https://historysaid.com/hong-kong-sar-china/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }