Hong Kong SAR China
Government debt in Hong Kong SAR China
Government debt in Hong Kong SAR China: 1.9% of GDP in 2004 and 12.1% of GDP in 2025, by IMF estimates.
- Latest, 2025
- 12.1% of GDP
- Since 2004
- +10.1 percentage points
- Rank, 2025
- 145 of 149
- counting from the highest
- Projected, 2031
- 20% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 20% of GDP in 2031.
- The highest was 12.1% of GDP in 2025, the lowest 0.1% of GDP in 2018.
Every year
% of GDP · IMF
| Year | Hong Kong SAR China |
|---|---|
| 2025 | 12.1 |
| 2024 | 9.2 |
| 2023 | 6.3 |
| 2022 | 4.3 |
| 2021 | 1.9 |
| 2020 | 1 |
| 2019 | 0.3 |
| 2018 | 0.1 |
| 2017 | 0.1 |
| 2016 | 0.1 |
| 2015 | 0.1 |
| 2014 | 0.1 |
| 2013 | 0.5 |
| 2012 | 0.5 |
| 2011 | 0.6 |
| 2010 | 0.6 |
| 2009 | 0.7 |
| 2008 | 1 |
| 2007 | 1.2 |
| 2006 | 1.4 |
| 2005 | 1.7 |
| 2004 | 1.9 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Hong Kong SAR China |
|---|---|
| 2026 | 14.1 |
| 2027 | 15.6 |
| 2028 | 17.5 |
| 2029 | 18.5 |
| 2030 | 19.3 |
| 2031 | 20 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 149 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Hong Kong SAR China in numbers
Every measure for Hong Kong SAR China on one page