Hong Kong SAR, China: Gross fixed capital formation, private sector (% of GDP)

Key figures

What the numbers say

In 2025, Hong Kong SAR, China's gross fixed capital formation, private sector (% of GDP) rose 0.51 percentage points on 2024 (from 10.46% to 10.97%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.5 percentage points and a typical year strayed about 1.65 percentage points from that (the standard deviation). This year's change was 0.6 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 4.03 percentage points in 1970 and the biggest yearly fall was 6.41 percentage points 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 0.81 percentage points a year. A straight line explains 80% 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 38th 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 — 35th of 42: 11.46%
• Chad — 36th of 42: 11.14%
• Haiti — 37th of 42: 11.06%
• Pakistan — 39th of 42: 9.9%
• Macao SAR, China — 40th of 42: 7.3%
• Egypt, Arab Rep. — 41st of 42: 6.61%

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 60 values

Gross fixed capital formation, private sector (% of GDP) in nearby economies

• American Samoa — 6.08% (2022)
• Australia — 20.34% (2025)
• Brunei Darussalam — 25.57% (2025)
• China — 33.48% (2023)
• Guam — 29.13% (2022)
• Korea, Rep. — 23.85% (2025)
• Lao PDR — 21.15% (2016)
• Macao SAR, China — 7.3% (2025)
• Malaysia — 16.45% (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

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Questions people ask

What is Hong Kong SAR, China's gross fixed capital formation, private sector (% of GDP)?

10.97% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1966?

It is down 12.05 percentage points from 23.03% in 1966. The highest value was 28.43% in 1997 and the lowest 9.92% in 2022.

How does Hong Kong SAR, China rank?

38th highest of 42 economies with data for 2025.

Is the latest change in gross fixed capital formation, private sector (% of GDP) unusual for Hong Kong SAR, China?

In 2025, Hong Kong SAR, China's gross fixed capital formation, private sector (% of GDP) rose 0.51 percentage points on 2024 (from 10.46% to 10.97%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.5 percentage points and a typical year strayed about 1.65 percentage points from that (the standard deviation). This year's change was 0.6 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.FPRV.ZS, 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.

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