Hong Kong SAR, China's gross fixed capital formation, private sector (current LCU) was 365.65 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 12.72% from 418.93 billion in 2015 (1.35% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 365.65 billion | 2025 |
| Five years earlier | 319.98 billion | 2020 |
| Ten years earlier | 418.93 billion | 2015 |
| Highest | 477.92 billion | 2018 |
| Lowest | 2.27 billion | 1968 |
| Average since 2016 | 369.33 billion | 2016–2025 |
| First recorded | 3.29 billion |
What the numbers say
In 2025, Hong Kong SAR, China's gross fixed capital formation, private sector (current LCU) rose 9.6% on 2024 (from 333.49 billion to 365.65 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +1.5% and a typical year strayed about 12.2% from that (the standard deviation). This year's change was 0.7 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 53.3% in 1970 and the biggest yearly fall was 21.8% in 1967. 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 the straight-line trend is downward, about 13.58 billion a year. A straight line explains 45% of the movement over 10 observed years.
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 26th highest value of the 42 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.
Closest to Hong Kong SAR, China in the 2025 ranking
- South Africa — 23rd of 42: 875.66 billion
- Australia — 24th of 42: 565.23 billion
- Haiti — 25th of 42: 463.8 billion
- Malaysia — 27th of 42: 332.83 billion
- Equatorial Guinea — 28th of 42: 212.76 billion
- Honduras — 29th of 42: 203.88 billion
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.
All 60 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2025 | 365,647,000,000 |
| 2024 | 333,491,000,000 |
| 2023 | 331,139,000,000 |
| 2022 | 278,680,000,000 |
| 2021 | 340,555,000,000 |
| 2020 | 319,983,000,000 |
| 2019 | 389,034,000,000 |
| 2018 | 477,923,000,000 |
| 2017 | 445,139,000,000 |
| 2016 | 411,668,000,000 |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- American Samoa — 53 million (2022)
- Australia — 565.23 billion (2025)
- Brunei Darussalam — 5.03 billion (2025)
- China — 43.34 trillion (2023)
- Guam — 2.01 billion (2022)
- Korea, Rep. — 635.16 trillion (2025)
- Lao PDR — 27.34 trillion (2016)
- Macao SAR, China — 30.52 billion (2025)
- Malaysia — 332.83 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, private sector (current LCU)?
- 365.65 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1966?
- It is up 11,017% from 3.29 billion in 1966 (8.31% a year on average, compounded). The highest value was 477.92 billion in 2018 and the lowest 2.27 billion in 1968.
- How does Hong Kong SAR, China rank?
- 26th highest of 42 economies with data for 2025.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for Hong Kong SAR, China?
Source
World Bank, World Development Indicators, indicator NE.GDI.FPRV.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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