Hong Kong SAR, China Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Hong Kong SAR, China's inflation rate was 1.75% in 2025, ranked 144th globally. This represents a 1.2% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Hong Kong SAR, China's inflation rate stood at 1.75% in 2025, a rise of +0.02pp from 2024. The IMF projects 1.75% by 2025. Hong Kong SAR, China ranked 144th globally.
Hong Kong SAR, China recorded an inflation rate of 1.75% in 2025, ranking 144th globally, a level comparable to peer economies such as Peru at 1.73% and Vanuatu at 1.74%. Over a 46-year period from 1980 to 2025, inflation has fluctuated significantly, peaking at 11.16% in 1991 amid strong domestic demand and rising asset prices, before plunging to an all-time low of -4.01% in 1999 during a period of regional financial instability and deflationary pressures. The 1980 starting value was 4.44%, indicating a long-term trend of moderation in price increases. Recent inflation remains subdued, reflecting stable consumer prices and cautious monetary conditions tied to the U.S. dollar-linked exchange rate regime. While structural factors such as high housing costs and reliance on imports continue to influence price levels, the current trajectory suggests limited near-term upward pressure. A shift in global interest rates or a significant change in mainland China’s economic policy could alter this path in the coming years.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.48% | - | - |
| 2029* IMF | 2.50% | - | - |
| 2028* IMF | 2.44% | - | - |
| 2027* IMF | 2.25% | - | - |
| 2026* IMF | 2.10% | - | - |
| 2025* IMF | 1.75% | - | - |
| 2025 | 1.75% | +0.02pp | #144 |
| 2024 | 1.73% | −0.37pp | #50 |
| 2023 | 2.10% | +0.22pp | #18 |
| 2022 | 1.88% | +0.31pp | #7 |
| 2021 | 1.57% | +1.32pp | #32 |
| 2020 | 0.25% | −2.63pp | #46 |
| 2019 | 2.88% | +0.48pp | #126 |
| 2018 | 2.41% | +0.91pp | #98 |
| 2017 | 1.49% | −0.92pp | #65 |
| 2016 | 2.41% | −0.58pp | #119 |
| 2015 | 2.99% | −1.43pp | #122 |
| 2014 | 4.42% | +0.09pp | #139 |
| 2013 | 4.34% | +0.28pp | #127 |
| 2012 | 4.05% | −1.25pp | #108 |
| 2011 | 5.31% | +3.01pp | #119 |
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 inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Hong Kong SAR, China's inflation rate was 1.75% in 2025. Ranked 144th globally. This represents a 1.2% increase from the previous year.
Hong Kong SAR, China's inflation rate peaked at 11.16% in 1991.
The lowest inflation rate in Hong Kong SAR, China was -4.01% in 1999.
Hong Kong SAR, China ranks 144th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Hong Kong SAR, China's inflation rate is projected to reach 1.75% by 2025 based on IMF projection.
The inflation rate of Hong Kong SAR, China in 2025 was 1.75%. This ranks 144th in the world.
Cite this page
@misc{historysaid_hong-kong-sar-china_inflation-rate,
title = {Hong Kong SAR, China Inflation Rate},
url = {https://historysaid.com/hong-kong-sar-china/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}