Wage bill as a percentage of GDP in Hong Kong
Hong Kong: Wage bill as a percentage of GDP was 4.6% in 2020. ▼ Falling
Latest (2020)
4.6%
Change on year
up 2.9%
World rank
160th
of 191 countries
All-time high
5.5%
in 2003
All-time low
4.0%
in 2018
Years of data
19
2002–2020
Wage bill as a percentage of GDP in Hong Kong, 2002–2020
Source: World Bank.
Analysis
In 2020, wage bill as a percentage of gdp in Hong Kong stood at 4.6%.
The figure is up 2.9% on the previous year and up 14.5% over ten years.
Over the whole period, wage bill as a percentage of gdp in Hong Kong peaked at 5.5% in 2003 and was at its lowest, 4.0%, in 2018.
That places Hong Kong 160th out of 191 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Wage bill as a percentage of GDP in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 5.4% | — |
| 2003 | 5.5% | +0.5% |
| 2004 | 4.9% | -11.1% |
| 2005 | 4.4% | -8.7% |
| 2006 | 4.3% | -4.2% |
| 2007 | 4.1% | -4.4% |
| 2008 | 4.2% | +2.1% |
| 2009 | 4.2% | +2.4% |
| 2010 | 4.0% | -5.1% |
| 2011 | 4.1% | +1.1% |
| 2012 | 4.2% | +2.6% |
| 2013 | 4.2% | -0.6% |
| 2014 | 4.1% | -0.4% |
| 2015 | 4.1% | -0.9% |
| 2016 | 4.2% | +1.8% |
| 2017 | 4.0% | -3.4% |
| 2018 | 4.0% | -0.4% |
| 2019 | 4.5% | +11.7% |
| 2020 | 4.6% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.6% | 4.1% | 5.5% | 8 |
| 2010s | 4.1% | 4.0% | 4.5% | 10 |
| 2020s | 4.6% | 4.6% | 4.6% | 1 |
Countries ranked near Hong Kong
More reference data data for Hong Kong
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0072 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0041 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 0.0002 (1990)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 6.8 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 20.78 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 6.26 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 1.38 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric 6.8 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 0 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Hong Kong?
- Wage bill as a percentage of gdp in Hong Kong was 4.6% in 2020, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Hong Kong?
- The highest recorded value was 5.5% in 2003.
- What is the lowest wage bill as a percentage of gdp recorded in Hong Kong?
- The lowest recorded value was 4.0% in 2018.
- How does Hong Kong rank for wage bill as a percentage of gdp?
- Hong Kong ranks 160th out of 191 countries with data for 2020.
- Is wage bill as a percentage of gdp rising or falling in Hong Kong?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is falling.
- Where does this Hong Kong data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).