Central government debt, total (% of GDP) for Hong Kong SAR, China
DEBTTLHKA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.22
Year-over-Year Change
21.98%
Date Range
1/1/2002 - 1/1/2009
Summary
This economic trend measures the total central government debt as a percentage of Hong Kong's gross domestic product (GDP). It is a key indicator of a government's fiscal health and ability to service its debt obligations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The central government debt-to-GDP ratio is a widely used metric for assessing a country's fiscal sustainability. It provides insights into a government's indebtedness and can inform policy decisions related to fiscal management and economic stability.
Methodology
The data is compiled by the International Monetary Fund (IMF) based on reports from the Hong Kong government.
Historical Context
Policymakers and investors monitor this trend to gauge Hong Kong's fiscal position and its implications for economic growth and financial markets.
Key Facts
- Hong Kong's central government debt was 0.1% of GDP in 2021.
- The debt-to-GDP ratio has remained low compared to other major economies.
- Maintaining a low debt burden supports Hong Kong's credit ratings and financial resilience.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total central government debt of Hong Kong as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a key indicator of a government's fiscal health and ability to service its debt obligations, which is important for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is compiled by the International Monetary Fund (IMF) based on reports from the Hong Kong government.
Q: How is this trend used in economic policy?
A: Policymakers and investors monitor this trend to gauge Hong Kong's fiscal position and its implications for economic growth and financial markets.
Q: Are there update delays or limitations?
A: The data is typically updated on an annual basis, and there may be some delays in reporting from the Hong Kong government.
Related Trends
Value of Exports to Hong Kong from District of Columbia
DCHKGA052SCEN
Value of Exports to Hong Kong from Indiana
INHKGA052SCEN
Stock Market Total Value Traded to GDP for Hong Kong SAR, China
DDDM02HKA156NWDB
Value of Exports to Hong Kong from California
CAHKGA052SCEN
Number of Identified Exporters to Hong Kong from California
CAHKGA475SCEN
Bank Lending Deposit Spread for Hong Kong SAR, China
DDEI02HKA156NWDB
Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Hong Kong SAR, China (DEBTTLHKA188A), retrieved from FRED.