Hong Kong SAR, China's gross fixed capital formation (current US$) was US$72.38 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 4.45% from US$69.3 billion in 2015 (0.44% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$72.38 billion | 2025 |
| Five years earlier | US$58.74 billion | 2020 |
| Ten years earlier | US$69.3 billion | 2015 |
| Highest | US$78.13 billion | 2018 |
| Lowest | US$321.65 million | 1961 |
| Average since 2016 | US$67.06 billion | 2016–2025 |
| First recorded | US$321.65 million |
What the numbers say
In 2025, Hong Kong SAR, China's gross fixed capital formation (current US$) rose 6.9% on 2024 (from US$67.74 billion to US$72.38 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +2.3% and a typical year strayed about 9.9% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 50% in 1970 and the biggest yearly fall was 24.5% in 1983. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Hong Kong SAR, China had the 39th highest value of the 126 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Hong Kong SAR, China | US$72.38 billion | 2025 |
| World | US$28.61 trillion | 2024 |
| East Asia & Pacific | US$10.99 trillion | 2024 |
| High income | US$16.03 trillion | 2024 |
Closest to Hong Kong SAR, China in the 2025 ranking
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 65 values
| Year | Gross fixed capital formation (current US$) |
|---|---|
| 2025 | 72,382,710,303 |
| 2024 | 67,735,175,778 |
| 2023 | 64,564,102,584 |
| 2022 | 57,639,249,704 |
| 2021 | 62,143,119,030 |
| 2020 | 58,744,779,044 |
| 2019 | 66,434,470,911 |
| 2018 | 78,132,168,144 |
| 2017 | 73,907,637,428 |
| 2016 | 68,951,141,744 |
Gross fixed capital formation (current US$) in nearby economies
- Australia — US$437.56 billion (2025)
- Brunei Darussalam — US$4.05 billion (2025)
- Cambodia — US$15.85 billion (2025)
- China — US$7.43 trillion (2024)
- Fiji — US$1.2 billion (2024)
- French Polynesia — US$1.39 billion (2024)
- Indonesia — US$415.87 billion (2025)
- Japan — US$1.17 trillion (2024)
- Kiribati — US$99.64 million (2024)
- Korea, Rep. — US$530.44 billion (2025)
More economic policy & debt data for Hong Kong SAR, China
- General government final consumption expenditure (current US$) — US$53.72 billion (2025)
- General government final consumption expenditure (current LCU) — 418.83 billion (2025)
- General government final consumption expenditure (% of GDP) — 12.57% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$282.93 billion (2025)
- Households and NPISHs final consumption expenditure (current LCU) — 2.21 trillion (2025)
- Households and NPISHs final consumption expenditure (% of GDP) — 66.21% (2025)
- Final consumption expenditure (current US$) — US$336.64 billion (2025)
- Final consumption expenditure (current LCU)
Reading data like this
Questions people ask
- What is Hong Kong SAR, China's gross fixed capital formation (current US$)?
- US$72.38 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1961?
- It is up 22,403% from US$321.65 million in 1961 (8.83% a year on average, compounded). The highest value was US$78.13 billion in 2018 and the lowest US$321.65 million in 1961.
- How does Hong Kong SAR, China rank?
- 39th highest of 126 economies with data for 2025.
- Is the latest change in gross fixed capital formation (current US$) unusual for Hong Kong SAR, China?
- In 2025, Hong Kong SAR, China's gross fixed capital formation (current US$) rose 6.9% on 2024 (from US$67.74 billion to US$72.38 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +2.3% and a typical year strayed about 9.9% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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