Hong Kong Government Debt (% of GDP)

Everything government owes, across all levels of government, compared with the size of the economy.

12.1%

+2.9pp vs 2024

2025 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Debt (% of GDP)

2004 to 2025

Source: IMF World Economic Outlook (GGXWDG_NGDP) · general government gross debt, % of GDP, annual · actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish.

Hong Kong Government Debt (% of GDP) in context

Worked out from the published series shown above.

In Hong Kong, the government debt rose by 2.9pp in 2025, from 9.2% in 2024.

That is the highest reading in a record that starts in 2004.

Over the past five years it has ranged from 1.0% in 2020 to 12.1% in 2025.

Its average since 2004 is 2.1%, and the latest reading is above that.

Hong Kong is 62nd of 62 countries in our Government Debt to GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2025
Revision status
Latest published estimate, subject to revision

Data refreshed 2026-10-16. Figures are the latest published observations and can be revised.

More Hong Kong indicators

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Rankings

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