household debts in Hong Kong

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. 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 2020 was between 5.8 billion and 28.8 billion USD. The highest level of the last years at 29 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 3,855 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 19 years in billion USD

YearHong Kong totalHong Kong per capitaEU per capita
20016.03 bn USD898 USD11,255 USD
20025.77 bn USD856 USD12,258 USD
20036.04 bn USD897 USD15,286 USD
20049.37 bn USD1,382 USD17,595 USD
20059.00 bn USD1,321 USD18,327 USD
20068.88 bn USD1,295 USD18,877 USD
20078.84 bn USD1,279 USD20,898 USD
20088.60 bn USD1,237 USD24,086 USD
200910.45 bn USD1,499 USD25,361 USD
201012.61 bn USD1,796 USD26,496 USD
201115.16 bn USD2,144 USD29,231 USD
201217.79 bn USD2,488 USD28,174 USD
201321.14 bn USD2,945 USD29,981 USD
201421.79 bn USD3,015 USD30,648 USD
201522.50 bn USD3,085 USD25,918 USD
201624.09 bn USD3,284 USD26,261 USD
201723.85 bn USD3,226 USD27,024 USD
201823.86 bn USD3,202 USD28,448 USD
201922.39 bn USD2,982 USD27,168 USD
202028.84 bn USD3,855 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Hong Kong       European Union

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