Hong Kong SAR, China's manufacturing, value added (current LCU) was 29.78 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 6.79% from 27.89 billion in 2014 (0.66% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.78 billion | 2024 |
| Five years earlier | 29.37 billion | 2019 |
| Ten years earlier | 27.89 billion | 2014 |
| Highest | 61.4 billion | 2000 |
| Lowest | 25.53 billion | 2020 |
| Average since 2015 | 27.41 billion | 2015–2024 |
| First recorded | 61.4 billion |
What the numbers say
In 2024, Hong Kong SAR, China's manufacturing, value added (current LCU) rose 5.6% on 2023 (from 28.21 billion to 29.78 billion).
Across the 23 yearly changes before that (2001 to 2023), the average change was −3.1% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 6.5% in 2019 and the biggest yearly fall was 18.4% in 2007. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 12% 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 2024, Hong Kong SAR, China had the 17th highest value of the 45 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 2024 ranking
- Afghanistan — 14th of 45: 106.23 billion
- Bolivia — 15th of 45: 49.55 billion
- Djibouti — 16th of 45: 38.99 billion
- Suriname — 18th of 45: 29.06 billion
- Trinidad and Tobago — 19th of 45: 24.88 billion
- Tunisia — 20th of 45: 23.64 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 25 values
| Year | Manufacturing, value added (current LCU) |
|---|---|
| 2024 | 29,777,000,000 |
| 2023 | 28,206,000,000 |
| 2022 | 26,598,000,000 |
| 2021 | 26,175,000,000 |
| 2020 | 25,525,000,000 |
| 2019 | 29,366,000,000 |
| 2018 | 27,571,000,000 |
| 2017 | 27,299,000,000 |
| 2016 | 26,844,000,000 |
| 2015 | 26,716,000,000 |
Manufacturing, value added (current LCU) in nearby economies
- Australia — 147.76 billion (2025)
- Brunei Darussalam — 1.95 billion (2025)
- Cambodia — 59.72 trillion (2025)
- China — 34.67 trillion (2025)
- Fiji — 1.3 billion (2025)
- French Polynesia — 27.61 billion (2020)
- Indonesia — 4,541.52 trillion (2025)
- Japan — 119.35 trillion (2024)
- Kiribati — 22.07 million (2024)
- Korea, Rep. — 730.46 trillion (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 manufacturing, value added (current LCU)?
- 29.78 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 51.5% from 61.4 billion in 2000 (2.97% a year on average, compounded). The highest value was 61.4 billion in 2000 and the lowest 25.53 billion in 2020.
- How does Hong Kong SAR, China rank?
- 17th highest of 45 economies with data for 2024.
- Is the latest change in manufacturing, value added (current LCU) unusual for Hong Kong SAR, China?
- In 2024, Hong Kong SAR, China's manufacturing, value added (current LCU) rose 5.6% on 2023 (from 28.21 billion to 29.78 billion). Across the 23 yearly changes before that (2001 to 2023), the average change was −3.1% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.CN, 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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