Hong Kong SAR, China Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Hong Kong SAR, China's gross savings was 28.02% in 2025, ranked 40th globally. This represents a 2.4% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Hong Kong SAR, China's gross savings stood at 28.02% in 2025, a decline of +0.69% from 2024. The IMF projects 28.02% by 2025. Hong Kong SAR, China ranked 40th globally.
Hong Kong SAR’s gross savings rate has fallen from a post‑industrial high of 37.93 percent in 1989 to a historic low of 24.04 percent in 2019, before modestly rebounding to 28.02 percent in 2025, placing the territory at rank 40 globally. The 46‑year series shows a long‑term downward trajectory, with the sharpest decline occurring after the Asian financial crisis and persisting through the 2010s despite strong export growth. By contrast, peer economies such as Israel (28.23 percent) and Bangladesh (27.83 percent) exhibit slightly higher savings propensities, reflecting divergent fiscal cultures and demographic pressures. The recent uptick suggests that higher household incomes and tighter fiscal discipline may be stabilising savings, yet the rate remains well below its 1989 peak. Continued pressure from rising property prices and an ageing population could dampen future savings, while policies that encourage private capital formation may help sustain the modest recovery.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 28.53% | - | - |
| 2029* IMF | 28.34% | - | - |
| 2028* IMF | 28.46% | - | - |
| 2027* IMF | 28.54% | - | - |
| 2026* IMF | 28.50% | - | - |
| 2025* IMF | 28.02% | - | - |
| 2025 | 28.02% | −0.69% | #40 |
| 2024 | 28.71% | +4.09% | #43 |
| 2023 | 24.62% | −0.79% | #77 |
| 2022 | 25.41% | −3.20% | #70 |
| 2021 | 28.61% | +2.64% | #58 |
| 2020 | 25.97% | +1.93% | #58 |
| 2019 | 24.04% | −1.69% | #81 |
| 2018 | 25.73% | −0.92% | #71 |
| 2017 | 26.65% | +1.19% | #61 |
| 2016 | 25.46% | +0.60% | #55 |
| 2015 | 24.86% | −0.36% | #65 |
| 2014 | 25.21% | −0.33% | #62 |
| 2013 | 25.55% | −1.25% | #63 |
| 2012 | 26.80% | −2.90% | #54 |
| 2011 | 29.70% | −1.19% | #44 |
Detected Pattern
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 gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Hong Kong SAR, China's gross savings was 28.02% in 2025. Ranked 40th globally. This represents a 2.4% decrease from the previous year.
Hong Kong SAR, China's gross savings peaked at 37.93% in 1989.
The lowest gross savings in Hong Kong SAR, China was 24.04% in 2019.
Hong Kong SAR, China ranks 40th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Hong Kong SAR, China's gross savings is projected to reach 28.02% by 2025 based on IMF projection.
The gross savings of Hong Kong SAR, China in 2025 was 28.02%. This ranks 40th in the world.
Cite this page
@misc{historysaid_hong-kong-sar-china_gross-savings,
title = {Hong Kong SAR, China Gross Savings},
url = {https://historysaid.com/hong-kong-sar-china/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}