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Hong Kong SAR, China R&D Spending

Research and development expenditure as % of GDP  GB.XPD.RSDV.GD.ZS

Hong Kong SAR, China's r&d spending was 1.19% in 2025, ranked 31st globally. This represents a 7.6% increase from 2024. Data from World Bank, covering 1998–2025.

1.19% +0.08% (+7.6%)
Year 2025 Rank #31 Global Peak 1.19% (2025) Source World Bank

Hong Kong SAR, China R&D Spending (1998–2025)

Overview

Hong Kong SAR, China's r&d spending stood at 1.19% in 2025, a rise of +0.08% from 2023. Based on recent trends, this figure is projected to reach 1.19% by 2025. Hong Kong SAR, China ranked 31st globally.

Hong Kong SAR, China has witnessed a steady increase in R&D spending over the past 27 years, with the latest figure standing at 1.19% of its GDP, ranking it 31st globally. This steady growth has been a notable trend, particularly when compared to its all-time low of 0.43% in 1998 and its current peak of 1.19% in 2025. In comparison, peer countries such as Lithuania and Egypt, Arab Republic of, have also demonstrated significant R&D spending, with Lithuania ranking 28th globally at 1.22%. The steady increase in R&D spending in Hong Kong SAR, China, is likely driven by the government's efforts to promote innovation and technology development in the region. However, a decline in government support or a shift in global economic trends could potentially alter this trajectory, potentially impacting the region's ability to drive growth through innovation.

Data & projection

Year R&D Spending YoY change Rank
2026* trend 1.23% - -
2025* trend 1.19% - -
2025 1.19% +0.08% #31
2023 1.10% +0.03% #2
2022 1.07% +0.10% #30
2021 0.97% −0.02% #39
2020 0.99% +0.07% #38
2019 0.93% +0.06% #42
2018 0.86% +0.03% #40
2017 0.84% +0.04% #42
2016 0.79% +0.03% #39
2015 0.76% +0.02% #44
2014 0.74% +0.01% #39
2013 0.73% +0.00% #42
2012 0.73% +0.01% #41
2011 0.72% −0.03% #40
2010 0.75% −0.02% #37
Show all years (1998-2025)
* Linear trend extrapolation

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 r&d spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Hong Kong SAR, China's r&d spending?▾

Hong Kong SAR, China's r&d spending was 1.19% in 2025. Ranked 31st globally. This represents a 7.6% increase from the previous year.

What was the highest r&d spending in Hong Kong SAR, China?▾

Hong Kong SAR, China's r&d spending peaked at 1.19% in 2025.

What was the lowest r&d spending in Hong Kong SAR, China?▾

The lowest r&d spending in Hong Kong SAR, China was 0.43% in 1998.

How does Hong Kong SAR, China rank in r&d spending?▾

Hong Kong SAR, China ranks 31st globally in r&d spending as of 2025.

What is the World Bank indicator code for r&d spending?▾

The World Bank indicator code is GB.XPD.RSDV.GD.ZS. Data sourced from World Bank.

What is the projected r&d spending of Hong Kong SAR, China in 2025?▾

Hong Kong SAR, China's r&d spending is projected to reach 1.19% by 2025 based on trend extrapolation.

What is the r&d spending of Hong Kong SAR, China in 2025?▾

The r&d spending of Hong Kong SAR, China in 2025 was 1.19%. This ranks 31st in the world.

Cite this page

APA
Hong Kong SAR, China R&D Spending. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/hong-kong-sar-china/rd-spending/
BibTeX
@misc{historysaid_hong-kong-sar-china_rd-spending, title = {Hong Kong SAR, China R&D Spending}, url = {https://historysaid.com/hong-kong-sar-china/rd-spending/}, publisher = {HistorySaid}, year = {2026} }
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