Private Credit-to-GDP Gap (Quarterly): Hong Kong
The latest reading SOTW holds for Hong Kong is -46.93 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · HKG
Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -46.93
- percentage points of GDP · 2026-Q1
- Previous
- -57.30
- percentage points of GDP · 2025-Q4
- Earliest held
- -9.97
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
Hong Kong · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -46.93 |
| 2025-Q4 | -57.30 |
| 2025-Q3 | -54.24 |
| 2025-Q2 | -52.12 |
| 2025-Q1 | -57.27 |
| 2024-Q4 | -61.37 |
| 2024-Q3 | -54.31 |
| 2024-Q2 | -49.74 |
| 2024-Q1 | -31.12 |
| 2023-Q4 | -25.05 |
| 2023-Q3 | -21.62 |
| 2023-Q2 | -10.65 |
| 2023-Q1 | -6.25 |
| 2022-Q4 | -6.25 |
| 2022-Q3 | -2.50 |
| 2022-Q2 | 10.01 |
| 2022-Q1 | 11.29 |
| 2021-Q4 | 2.48 |
| 2021-Q3 | 18.05 |
| 2021-Q2 | 37.95 |
| 2021-Q1 | 35.10 |
| 2020-Q4 | 35.47 |
| 2020-Q3 | 48.83 |
| 2020-Q2 | 34.92 |
| 2020-Q1 | 34.76 |
| 2019-Q4 | 20.95 |
| 2019-Q3 | 21.77 |
| 2019-Q2 | 21.02 |
| 2019-Q1 | 19.08 |
| 2018-Q4 | 22.26 |
| 2018-Q3 | 23.64 |
| 2018-Q2 | 39.95 |
| 2018-Q1 | 48.83 |
| 2017-Q4 | 47.89 |
| 2017-Q3 | 44.62 |
| 2017-Q2 | 45.40 |
| 2017-Q1 | 35.98 |
| 2016-Q4 | 29.69 |
| 2016-Q3 | 28.79 |
| 2016-Q2 | 31.49 |
| 2016-Q1 | 30.17 |
| 2015-Q4 | 35.40 |
| 2015-Q3 | 28.05 |
| 2015-Q2 | 38.02 |
| 2015-Q1 | 42.28 |
| 2014-Q4 | 37.17 |
| 2014-Q3 | 49.81 |
| 2014-Q2 | 49.33 |
| 2014-Q1 | 44.15 |
| 2013-Q4 | 34.07 |
| 2013-Q3 | 38.56 |
| 2013-Q2 | 37.60 |
| 2013-Q1 | 26.23 |
| 2012-Q4 | 21.18 |
| 2012-Q3 | 24.36 |
| 2012-Q2 | 26.48 |
| 2012-Q1 | 28.49 |
| 2011-Q4 | 29.75 |
| 2011-Q3 | 39.63 |
| 2011-Q2 | 40.70 |
| 2011-Q1 | 38.12 |
| 2010-Q4 | 29.05 |
| 2010-Q3 | 30.83 |
| 2010-Q2 | 20.34 |
| 2010-Q1 | 10.69 |
| 2009-Q4 | 6.20 |
| 2009-Q3 | 10.69 |
| 2009-Q2 | 8.56 |
| 2009-Q1 | 1.22 |
| 2008-Q4 | 7.11 |
| 2008-Q3 | 14.18 |
| 2008-Q2 | 13.79 |
| 2008-Q1 | 9.69 |
| 2007-Q4 | 7.16 |
| 2007-Q3 | 14.71 |
| 2007-Q2 | 9.99 |
| 2007-Q1 | 1.48 |
| 2006-Q4 | -0.39 |
| 2006-Q3 | -1.22 |
| 2006-Q2 | -0.79 |
| 2006-Q1 | -2.92 |
| 2005-Q4 | -1.46 |
| 2005-Q3 | -1.85 |
| 2005-Q2 | 1.84 |
| 2005-Q1 | -2.63 |
| 2004-Q4 | -4.14 |
| 2004-Q3 | -6.88 |
| 2004-Q2 | -6.72 |
| 2004-Q1 | -2.73 |
| 2003-Q4 | -4.63 |
| 2003-Q3 | -6.48 |
| 2003-Q2 | -7.15 |
| 2003-Q1 | -12.27 |
| 2002-Q4 | -12.28 |
| 2002-Q3 | -11.39 |
| 2002-Q2 | -11.27 |
| 2002-Q1 | -10.55 |
| 2001-Q4 | -11.96 |
| 2001-Q3 | -10.95 |
| 2001-Q2 | -11.48 |
| 2001-Q1 | -9.91 |
| 2000-Q4 | -11.14 |
| 2000-Q3 | -8.11 |
| 2000-Q2 | -12.99 |
| 2000-Q1 | -9.97 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.