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. 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

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
201522.57 bn USD3,096 USD25,920 USD
201624.02 bn USD3,273 USD26,262 USD
201723.85 bn USD3,227 USD27,025 USD
201823.86 bn USD3,202 USD28,454 USD
201921.59 bn USD2,876 USD27,178 USD

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

      Hong Kong       European Union

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