Labor share of gdp in Hong Kong
Hong Kong: Labor share of gdp was 56 in 2020. ▬ Flat
Latest (2020)
56
Change on year
up 3.5%
World rank
34th
of 187 countries
All-time high
56.1
in 2012
All-time low
52.8
in 2008
Years of data
17
2004–2020
Labor share of gdp in Hong Kong, 2004–2020
Source: Our World in Data.
Analysis
Hong Kong recorded 56 for labor share of gdp in 2020.
Compared with earlier readings it is up 3.5% on the previous year and up 1.6% over ten years.
Over the whole period, labor share of gdp in Hong Kong peaked at 56.1 in 2012 and was at its lowest, 52.8, in 2008.
That places Hong Kong 34th out of 187 countries with data for 2020, putting it in the top quarter.
Labor share of gdp in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 55.7 | — |
| 2005 | 54.2 | -2.7% |
| 2006 | 53.8 | -0.7% |
| 2007 | 53.2 | -1.1% |
| 2008 | 52.8 | -0.8% |
| 2009 | 55.5 | +5.1% |
| 2010 | 55.1 | -0.7% |
| 2011 | 55.2 | +0.2% |
| 2012 | 56.1 | +1.6% |
| 2013 | 55.4 | -1.2% |
| 2014 | 54.9 | -0.9% |
| 2015 | 54 | -1.6% |
| 2016 | 54.8 | +1.5% |
| 2017 | 54.1 | -1.3% |
| 2018 | 52.9 | -2.2% |
| 2019 | 54.1 | +2.3% |
| 2020 | 56 | +3.5% |
Hong Kong compared with similar countries
- Hong Kong's 56 is above the median for high income countries, which is 54.5, 1.0× the median. (62 countries reporting)
- Hong Kong's 56 is above the median for East Asia & Pacific, which is 46.5, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.2 | 52.8 | 55.7 | 6 |
| 2010s | 54.66 | 52.9 | 56.1 | 10 |
| 2020s | 56 | 56 | 56 | 1 |
Countries ranked near Hong Kong
More work & labour data for Hong Kong
- Persons outside the labour force (ILO modelled estimates) 2,981 (2027)
- Labour force participation rate (ILO modelled estimates) 55.13 (2027)
- Labour force (ILO modelled estimates) 3,663 (2027)
- Unemployment rate (ILO modelled estimates) 2.78 (2027)
- Labour dependency ratio 1.06 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 149,185 (2027)
- Output per worker, GDP constant 2015 US $ 100,833 (2027)
- Employment-to-population ratio (ILO modelled estimates) 53.6 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.56 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -1.12 % change on previous year (2027)
Frequently asked questions
- What is labor share of gdp in Hong Kong?
- Labor share of gdp in Hong Kong was 56 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Hong Kong?
- The highest recorded value was 56.1 in 2012.
- What is the lowest labor share of gdp recorded in Hong Kong?
- The lowest recorded value was 52.8 in 2008.
- How does Hong Kong rank for labor share of gdp?
- Hong Kong ranks 34th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Hong Kong?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is flat.
- Where does this Hong Kong data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).