Tax revenues vs income inequality, annual growth rate in Hong Kong, China
Hong Kong, China: Tax revenues vs income inequality, annual growth rate was -10.48 % change on previous year in 2023. ◆ Volatile
Tax revenues vs income inequality, annual growth rate in Hong Kong, China, 1994–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenues vs income inequality, annual growth rate in Hong Kong, China is -10.48 % change on previous year, measured in 2023.
Compared with earlier readings it is down 687.6% on the previous year and down 358.8% over ten years.
Over the whole period, tax revenues vs income inequality, annual growth rate in Hong Kong, China peaked at 16.35 % change on previous year in 2003 and was at its lowest, -23.57 % change on previous year, in 1998.
Hong Kong, China ranks 169th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenues vs income inequality, annual growth rate in Hong Kong, China, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1994 | -7.52 % change on previous year | — |
| 1995 | -4.7 % change on previous year | -37.5% |
| 1996 | 5.03 % change on previous year | -207.1% |
| 1997 | 1.87 % change on previous year | -62.9% |
| 1998 | -23.57 % change on previous year | -1362.9% |
| 1999 | -1.37 % change on previous year | -94.2% |
| 2000 | 6.96 % change on previous year | -606.6% |
| 2001 | -0.9507 % change on previous year | -113.7% |
| 2002 | -2.69 % change on previous year | +182.8% |
| 2003 | 16.35 % change on previous year | -708.2% |
| 2004 | 13.4 % change on previous year | -18.0% |
| 2005 | 4.92 % change on previous year | -63.3% |
| 2006 | 0.7073 % change on previous year | -85.6% |
| 2007 | 11.66 % change on previous year | +1548.3% |
| 2008 | -8.76 % change on previous year | -175.1% |
| 2009 | -1.74 % change on previous year | -80.2% |
| 2010 | 8.31 % change on previous year | -578.7% |
| 2011 | 5 % change on previous year | -39.9% |
| 2012 | -3.66 % change on previous year | -173.3% |
| 2013 | -2.28 % change on previous year | -37.7% |
| 2014 | 15.53 % change on previous year | -780.1% |
| 2015 | -7.07 % change on previous year | -145.5% |
| 2016 | -5.52 % change on previous year | -21.9% |
| 2017 | 5.42 % change on previous year | -198.1% |
| 2018 | -3.51 % change on previous year | -164.9% |
| 2019 | -4.03 % change on previous year | +14.6% |
| 2020 | 6.01 % change on previous year | -249.3% |
| 2021 | 3.62 % change on previous year | -39.7% |
| 2022 | 1.78 % change on previous year | -50.8% |
| 2023 | -10.48 % change on previous year | -687.6% |
Hong Kong, China compared with similar countries
- Hong Kong, China's -10.48 % change on previous year is below the median for high income countries, which is 0.6277 % change on previous year. (65 countries reporting)
- Hong Kong, China's -10.48 % change on previous year is below the median for East Asia & Pacific, which is 2.79 % change on previous year. (30 countries reporting)
Biggest year-on-year movements
Years where Tax revenues vs income inequality, annual growth rate in Hong Kong, China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +1548.3% | 0.7073 % change on previous year | 11.66 % change on previous year |
| 1998 | -1362.9% | 1.87 % change on previous year | -23.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -5.04 % change on previous year | -23.57 % change on previous year | 5.03 % change on previous year | 6 |
| 2000s | 3.99 % change on previous year | -8.76 % change on previous year | 16.35 % change on previous year | 10 |
| 2010s | 0.8178 % change on previous year | -7.07 % change on previous year | 15.53 % change on previous year | 10 |
| 2020s | 0.2365 % change on previous year | -10.48 % change on previous year | 6.01 % change on previous year | 4 |
Countries ranked near Hong Kong, China
- 166 Kiribati -9.37 % change on previous year compare
- 167 Korea -9.65 % change on previous year compare
- 168 Rwanda -10.38 % change on previous year compare
- 170 Angola -10.64 % change on previous year compare
- 171 Niger -11.08 % change on previous year compare
- 172 Chad -11.13 % change on previous year compare
More poverty & inequality data for Hong Kong, China
- Fertility rate vs. share living in extreme poverty 0.717 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 2,059 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 0.4684 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 13.26 (2023)
- Tax revenue as share of GDP vs. income inequality 13.3% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 12.3% (2023)
- Lifespan inequality: Gini coefficient in women 0.0712 (2023)
- Lifespan inequality: Gini coefficient by sex 0.0712 (2023)
Frequently asked questions
- What is tax revenues vs income inequality, annual growth rate in Hong Kong, China?
- Tax revenues vs income inequality, annual growth rate in Hong Kong, China was -10.48 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest tax revenues vs income inequality, annual growth rate recorded in Hong Kong, China?
- The highest recorded value was 16.35 % change on previous year in 2003.
- What is the lowest tax revenues vs income inequality, annual growth rate recorded in Hong Kong, China?
- The lowest recorded value was -23.57 % change on previous year in 1998.
- How does Hong Kong, China rank for tax revenues vs income inequality, annual growth rate?
- Hong Kong, China ranks 169th out of 187 countries with data for 2023.
- Is tax revenues vs income inequality, annual growth rate rising or falling in Hong Kong, China?
- Over the last ten years it is down 358.8%. The long-run trend across the full record is volatile.
- Where does this Hong Kong, China data come from?
- The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue as share of GDP vs. income inequality UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.