Gross debt in Hong Kong
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.The gross debt in Hong Kong in the period from 2001 to 2019 was between 5.8 billion and 24.0 billion USD. The hightest level within the past 18 years was reached in 2016. However, the liabilities in 2019 have been only 22 billion USD
Based on the number of inhabitants, this is in Hong Kong a debt of 2,876 USD per person. For comparison: The average debt per person in the same year in the European Union was 27,178 USD.
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Gross debt of the last 18 years in billion USD
Year | Hong Kong total | Hong Kong per capita | EU per capita |
---|---|---|---|
2001 | 6.03 bn USD | 898 USD | 11,255 USD |
2002 | 5.77 bn USD | 856 USD | 12,258 USD |
2003 | 6.04 bn USD | 897 USD | 15,286 USD |
2004 | 9.37 bn USD | 1,382 USD | 17,595 USD |
2005 | 9.00 bn USD | 1,321 USD | 18,327 USD |
2006 | 8.88 bn USD | 1,295 USD | 18,877 USD |
2007 | 8.84 bn USD | 1,279 USD | 20,898 USD |
2008 | 8.60 bn USD | 1,237 USD | 24,086 USD |
2009 | 10.45 bn USD | 1,499 USD | 25,361 USD |
2010 | 12.61 bn USD | 1,796 USD | 26,496 USD |
2011 | 15.16 bn USD | 2,144 USD | 29,231 USD |
2012 | 17.79 bn USD | 2,488 USD | 28,174 USD |
2013 | 21.14 bn USD | 2,945 USD | 29,981 USD |
2014 | 21.79 bn USD | 3,015 USD | 30,648 USD |
2015 | 22.57 bn USD | 3,096 USD | 25,920 USD |
2016 | 24.01 bn USD | 3,273 USD | 26,262 USD |
2017 | 23.85 bn USD | 3,227 USD | 27,025 USD |
2018 | 23.86 bn USD | 3,202 USD | 28,454 USD |
2019 | 21.59 bn USD | 2,876 USD | 27,178 USD |