Macro Index Overview / East Asia & Pacific / HKG
Hong Kong SAR, China ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: HKG HK

Hong Kong SAR, China

On 1 July 1997 China resumed its exercise of sovereignty over Hong Kong. Unless otherwise noted, data for China do not include data for Hong Kong SAR, China; Macao SAR, China; or Taiwan, China. Agriculture value added includes mining and quarrying.

East Asia & Pacific High income Blocs: Other

Global Rank (2023)

#12 / 205

Top 6% of global economies

Composite Score (2023)

83.5 / 100

Living Standard (2023)

$43,519

Subscore: 84.15 / 100

CPI Inflation (2023)

2.10%

Stability Score: 95.48 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 84.15

Raw: $43,519 (2015 USD)

Price Stability (25%) 95.48

Raw: 2.10% (Anchor: 3.0%)

External Solvency (25%) 78.31

Raw: 8.49% of GDP

Economic Scale (15%) 70.72

Raw: $380.8B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Hong Kong SAR, China's global competitive ranking by accentuating its comparative strengths.

Peak Rank #8 / 205
Default Rank #12
+4 Ranks
Living Standards 5%
Baseline: 35%
Price Stability 80%
Baseline: 25%
External Solvency 15%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Hong Kong SAR, China benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Hong Kong SAR, China's composite score climbs to 92.3 (compared to 83.5 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Hong Kong SAR, China's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Hong Kong SAR, China (HKG)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #12 / 205 โ€ข Composite Score: 83.5 / 100 โ€ข Living Standard: $43,519 โ€ข Inflation: 2.10%
#1#50#100#150#20019601970198019902000201020202025#12
Hover or click any node along the curve to inspect that historical year in real time
Primary: Hong Kong SAR, China Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Hong Kong SAR, China (HKG) Active#1283.5$43,5192.10%8.49%$380.8B
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Hong Kong SAR, China

Metric:
Selected Era: 2023 ยท Click any node to select
100755025050.319701970s55.719801980s62.819901990s69.420002000s81.320102010s79.620202020s83.52023Recent