Hong Kong: inflation rate 2027

In 2022, the average annual inflation rate in Hong Kong ranged at around 1.9 percent compared to the previous year. Projections by the IMF published in October 2022 expect the inflation rate to reach about 2.4 percent in 2023.

Inflation rate in Hong Kong from 2000 to 2022 with forecasts until 2027

Characteristic	Year-on-year change
2027*	2.5%
2026*	2.5%
2025*	2.5%
2024*	2.5%
2023*	2.4%
2022**	1.9%
2021	1.57%
2020	0.25%
2019	2.88%
2018	2.41%
2017	1.49%
2016	2.41%
2015	2.99%
2014	4.42%
2013	4.34%
2012	4.05%
2011	5.31%
2010	2.29%
2009	0.58%
2008	4.3%
2007	2.04%
2006	2%
2005	0.91%
2004	-0.37%
2003	-2.59%
2002	-3.05%
2001	-1.61%
2000	-3.72%

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Release date

October 2022

More information

Region

Hong Kong

Survey time period

2000 to 2022

Supplementary notes

* IMF estimate.
** Latest figure published by the Census and Statistics Department of Hong Kong in January 2023. IMF forecast published in October 2022 was 1.9 percent.

Generally, the IMF and the Census and Statistics Department of Hong Kong publish identical figures for past years. However, small-scale revisions may still occur routinely.

Values have been rounded.

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