Hong Kong SAR, China Credit to Private Non-Financial Sector

1978 - 2025 | Quarterly | USD bn | Bank for International Settlements

Key information about Hong Kong SAR (China) Credit to Private Non-Financial Sector

  • Hong Kong SAR (China) Credit to Private Non-Financial Sector was reported at 1,368.282 USD bn in Mar 2025
  • This records an increase from the previous number of 1,341.948 USD bn for Dec 2024
  • Hong Kong SAR (China) Credit to Private Non-Financial Sector data is updated quarterly, averaging -4.812 USD bn from Dec 1978 to Mar 2025, with 186 observations
  • The data reached an all-time high of 53.701 USD bn in Sep 2008 and a record low of -39.316 USD bn in Sep 2009
  • Hong Kong SAR (China) Credit to Private Non-Financial Sector data remains active status in CEIC and is reported by Bank for International Settlements
  • The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.CNFS: F2 Credit from All Sector to Private Non-Financial Sector (PNFS): Market Value: USD

View Hong Kong SAR, China's Credit to Private Non-Financial Sector from Dec 1978 to Mar 2025 in the chart:

Hong Kong SAR, China Credit to Private Non-Financial Sector

What was Hong Kong SAR, China's Credit to Private Non-Financial Sector in Mar 2025?

Hong Kong SAR (China) Credit to Private Non-Financial Sector was reported at 1,368.282 USD bn in Mar 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,368.282 Mar 2025 1,341.948 Dec 2024 -39.316 Sep 2009 53.701 Sep 2008 USD bn quarterly Dec 1978 - Mar 2025

Credit to Private Non-Financial Sector by Country Comparison

country/region Last Frequency Range
Argentina (USD bn) 145.513 Mar 2025 quarterly Mar 1990 - Mar 2025
Australia (USD bn) 2,987.186 Mar 2025 quarterly Mar 1971 - Mar 2025
Austria (USD bn) 691.557 Mar 2025 quarterly Jun 1974 - Mar 2025
Belgium (USD bn) 1,190.711 Mar 2025 quarterly Dec 1970 - Mar 2025
Brazil (USD bn) 1,902.991 Mar 2025 quarterly Dec 1993 - Mar 2025
Canada (USD bn) 4,691.061 Mar 2025 quarterly Mar 1954 - Mar 2025
Chile (USD bn) 456.295 Mar 2025 quarterly Mar 1983 - Mar 2025
China (USD bn) 37,944.740 Mar 2025 quarterly Dec 1985 - Mar 2025
Colombia (USD bn) 226.200 Mar 2025 quarterly Dec 1996 - Mar 2025
Czech Republic (USD bn) 290.405 Mar 2025 quarterly Mar 1993 - Mar 2025
Denmark (USD bn) 932.998 Mar 2025 quarterly Sep 1953 - Mar 2025
Finland (USD bn) 542.700 Mar 2025 quarterly Dec 1970 - Mar 2025
France (USD bn) 6,827.482 Mar 2025 quarterly Dec 1969 - Mar 2025
Germany (USD bn) 6,532.569 Mar 2025 quarterly Mar 1955 - Mar 2025
Greece (USD bn) 248.456 Mar 2025 quarterly Mar 1960 - Mar 2025
Hong Kong SAR, China (USD bn) 1,368.282 Mar 2025 quarterly Dec 1978 - Mar 2025
Hungary (USD bn) 193.734 Mar 2025 quarterly Dec 1969 - Mar 2025
India (USD bn) 3,607.813 Mar 2025 quarterly Mar 1957 - Mar 2025
Indonesia (USD bn) 539.226 Mar 2025 quarterly Mar 1976 - Mar 2025
Ireland (USD bn) 851.106 Mar 2025 quarterly Jun 1971 - Mar 2025
Israel (USD bn) 608.266 Mar 2025 quarterly Jun 1981 - Mar 2025
Italy (USD bn) 2,265.633 Mar 2025 quarterly Mar 1960 - Mar 2025
Japan (USD bn) 7,421.354 Mar 2025 quarterly Dec 1964 - Mar 2025
South Korea (USD bn) 3,500.054 Mar 2025 quarterly Dec 1962 - Mar 2025
Luxembourg (USD bn) 410.321 Mar 2025 quarterly Mar 1995 - Mar 2025
Malaysia (USD bn) 690.271 Mar 2025 quarterly Jun 1964 - Mar 2025
Mexico (USD bn) 655.969 Mar 2025 quarterly Dec 1980 - Mar 2025
Netherlands (USD bn) 3,271.844 Mar 2025 quarterly Mar 1961 - Mar 2025
New Zealand (USD bn) 391.007 Mar 2025 quarterly Mar 1960 - Mar 2025
Norway (USD bn) 1,147.397 Mar 2025 quarterly Dec 1953 - Mar 2025
Poland (USD bn) 546.127 Mar 2025 quarterly Mar 1992 - Mar 2025
Portugal (USD bn) 408.050 Mar 2025 quarterly Mar 1957 - Mar 2025
Russia (USD bn) 2,325.300 Mar 2025 quarterly Jun 1995 - Mar 2025
Saudi Arabia (USD bn) 934.426 Mar 2025 quarterly Mar 1993 - Mar 2025
Singapore (USD bn) 941.402 Mar 2025 quarterly Dec 1963 - Mar 2025
South Africa (USD bn) 270.817 Mar 2025 quarterly Mar 1965 - Mar 2025
Spain (USD bn) 2,138.552 Mar 2025 quarterly Mar 1970 - Mar 2025
Sweden (USD bn) 1,535.654 Mar 2025 quarterly Mar 1961 - Mar 2025
Switzerland (USD bn) 2,495.839 Mar 2025 quarterly Sep 1953 - Mar 2025
Thailand (USD bn) 936.679 Mar 2025 quarterly Mar 1957 - Mar 2025
Turkey (USD bn) 610.599 Mar 2025 quarterly Mar 1986 - Mar 2025
United Kingdom (USD bn) 5,068.518 Mar 2025 quarterly Mar 1963 - Mar 2025
United States (USD bn) 41,935.708 Mar 2025 quarterly Dec 1945 - Mar 2025

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Hong Kong SAR, China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.3 Sep 2025 quarterly Mar 1997 - Sep 2025
Consolidated Fiscal Balance (USD mn) 5,971.882 Oct 2025 monthly Oct 1998 - Oct 2025
Tax Revenue (USD mn) 7,230.982 Sep 2025 quarterly Sep 1979 - Sep 2025
Tax Revenue: % of GDP (%) 6.6 Sep 2025 quarterly Sep 1979 - Sep 2025
National Government Debt (USD mn) 190,086.3 2024 yearly 2003 - 2024
Government Debt: % of GDP (%) 49.1 2024 yearly 2003 - 2024
Forecast: Government Expenditure (HKD bn) 886.220 2031 yearly 1982 - 2031
Forecast: Government Net Debt (HKD bn) 615.406 2031 yearly 2005 - 2031
Forecast: Government Revenue (HKD bn) 909.007 2031 yearly 1982 - 2031
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.702 2030 yearly 1980 - 2030
Trade Balance (USD mn) -5,138.2 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 59,396.9 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports Growth (%) 17.5 Oct 2025 monthly Jan 1953 - Oct 2025
Aluminum: Exports (USD th) 177,416.639 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 1,714,519.261 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 346,742.409 2024 yearly 1995 - 2024
Total Imports (USD mn) 64,535.1 Oct 2025 monthly Jan 1957 - Oct 2025
Total Imports Growth (%) 18.3 Oct 2025 monthly Jan 1953 - Oct 2025
Imports: Medicament (USD th) 2,887,691.952 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 917,283.629 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 4,638.735 Oct 2025 monthly Apr 1964 - Oct 2025
Total Imports from USA (USD mn) 2,172.141 Oct 2025 monthly Apr 1964 - Oct 2025
Total Exports to China (USD mn) 33,713.741 Oct 2025 monthly Apr 1964 - Oct 2025
Total Imports from China (USD mn) 27,406.040 Oct 2025 monthly Apr 1964 - Oct 2025
Exports: General Industrial Machinery and Equipment nes (HKD mn) 2,587.081 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: Electrical Machinery, Apparatus and Appliances (HKD mn) 181,549.984 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 46,600.849 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: Road Vehicles, Including Air-Cruhion Vehicles (HKD mn) 592.204 Jan 2025 monthly Jan 1991 - Jan 2025
Exports: Office Machines & Automatic Data Processing Machines (HKD mn) 52,073.363 Jan 2025 monthly Jan 1991 - Jan 2025
Imports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 42,717.031 Jan 2025 monthly Jan 1991 - Jan 2025
Imports: Office Machines & Automatic Data Processing Machines (HKD mn) 40,255.796 Jan 2025 monthly Jan 1991 - Jan 2025
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 24,990.1 Jun 2025 quarterly Mar 1999 - Jun 2025
Current Account Balance (USD mn) 12,276.2 Jun 2025 quarterly Mar 1999 - Jun 2025
Current Account Balance: % of GDP (%) 12.2 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Direct Investment (USD mn) 36,029.3 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Direct Investment: % of GDP (%) 35.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Portfolio Investment (USD mn) 8,538.517 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 8.5 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -3,274.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 11,813.208 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt (USD mn) 1,969,904.2 Jun 2025 quarterly Mar 2001 - Jun 2025
External Debt: % of GDP (%) 467.1 2024 yearly 2001 - 2024
External Debt: Short Term (USD mn) 1,183,882.5 Jun 2025 quarterly Mar 2001 - Jun 2025
External Debt: Short Term: % of GDP (%) 279.6 2024 yearly 2001 - 2024
Forecast: Current Account Balance (USD bn) 50.586 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 2,339,478.847 Jun 2025 quarterly Mar 2010 - Jun 2025
BoP: Current Account (CA) (HKD mn) 119,887.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: OI: Liabilities (HKD mn) 85,876.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account: Credit (HKD mn) 3.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Current Account: Debit (HKD mn) 1,979,660.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Financial Account (FA) (HKD mn) 84,729.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account (HKD mn) -218.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services: Debit (HKD mn) 176,802.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Financial Derivatives (FD) (HKD mn) -40,701.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: FD: Liabilities (HKD mn) -113,159.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services: Credit (HKD mn) 215,084.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services (HKD mn) 38,282.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods: Debit (HKD mn) 1,264,183.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: PI: Liabilities (LB) (HKD mn) 9,168.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: PI: Assets (AS) (HKD mn) 147,710.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: SInc: Credit (HKD mn) 4,773.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Primary Income (PInc) (HKD mn) 87,239.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods: Credit (HKD mn) 1,263,601.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Portfolio Investment (PI) (HKD mn) 138,542.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Net Errors and Omissions (HKD mn) -34,940.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: PInc: Debit (HKD mn) 528,851.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods (HKD mn) -582.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: OI: Assets (HKD mn) 203,808.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: DI: Assets (AS) (HKD mn) 102,732.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Direct Investment (DI) (HKD mn) -108,090.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CFA: Reserve Assets (HKD mn) -22,953.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account: Debit (HKD mn) 222.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Current Account: Credit (HKD mn) 2,099,548.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: DI: Liabilities (LB) (HKD mn) 210,822.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Secondary Income (SInc) (HKD mn) -5,052.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Other investment (OI) (HKD mn) 117,932.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Overall Balance (HKD mn) -22,953.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: PInc: Credit (HKD mn) 616,090.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: SInc: Debit (HKD mn) 9,825.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: FD: Assets (HKD mn) -153,860.000 Sep 2024 quarterly Mar 1999 - Sep 2024
IIP: Net (HKD mn) 16,055,042.000 Sep 2024 quarterly Mar 2010 - Sep 2024
International Investment Position (IIP): Assets (HKD mn) 52,982,050.000 Sep 2024 quarterly Mar 2010 - Sep 2024
IIP: Liabilities (HKD mn) 36,927,008.000 Sep 2024 quarterly Mar 2010 - Sep 2024
External Debt (ED): Total (HKD mn) 14,959,558.000 Sep 2024 quarterly Mar 2002 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.1 Sep 2025 quarterly Mar 1997 - Sep 2025
Household Debt: % of GDP (%) 87.7 Sep 2025 quarterly Mar 1982 - Sep 2025
Money Supply M1 (USD mn) 230,757.878 Oct 2025 monthly Jan 1985 - Oct 2025
Money Supply M2 (USD mn) 2,596,242.006 Oct 2025 monthly Dec 1980 - Oct 2025
M2 Growth (%) 10.6 Oct 2025 monthly Dec 1981 - Oct 2025
Foreign Exchange Reserves (USD mn) 425,786.0 Oct 2025 monthly Apr 2000 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 99.623 Sep 2025 quarterly Jun 2000 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 6.6 Oct 2025 monthly Apr 2000 - Oct 2025
Gold Reserves (USD mn) 267.000 Oct 2025 monthly Dec 1990 - Oct 2025
Total Deposits (USD mn) 2,452,553.753 Oct 2025 monthly Jan 1991 - Oct 2025
Total Deposits Growth (%) 11.0 Oct 2025 monthly Jan 1992 - Oct 2025
Domestic Credit (USD mn) 1,036,005.0 Aug 2025 monthly Dec 1990 - Aug 2025
Domestic Credit Growth (%) 2.5 Aug 2025 monthly Dec 1991 - Aug 2025
Debt Service Ratio: Private Non-Financial Sector (%) 35.200 Mar 2025 quarterly Mar 1999 - Mar 2025
Credit to Households (USD bn) 361.992 Mar 2025 quarterly Dec 1990 - Mar 2025
Credit to Private Non-Financial Sector (USD bn) 1,368.282 Mar 2025 quarterly Dec 1978 - Mar 2025
Household Debt (USD mn) 369,408.3 Sep 2025 quarterly Mar 1982 - Sep 2025
Total Loans (USD mn) 1,286,342.499 Oct 2025 monthly Dec 1978 - Oct 2025
Total Loans Growth (%) 1.30 Oct 2025 monthly Dec 1979 - Oct 2025
Private Debt: % of Nominal GDP (%) 190.47 Sep 2025 quarterly Dec 1973 - Sep 2025
Deposits: Renminbi: Total Outstandings (RMB mn) 554,316.75 Mar 2018 monthly Feb 2004 - Mar 2018
HK: Loans & Advances: Total (HKD mn) 9,652,390.44 Mar 2018 monthly Dec 1978 - Mar 2018
HK: Residential Mortgage: Value: Outstanding Loans (OL) (HKD mn) 1,228,442.00 Mar 2018 monthly Dec 2000 - Mar 2018
HK: Residential Mortgage: Value: New Loans Made (HKD mn) 29,750.00 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.0 Dec 2025 quarterly Mar 2009 - Dec 2025
BTS: Expected Changes: BS: sa: Retail (%) -31.000 Mar 2025 quarterly Mar 2008 - Mar 2025
BTS: Expected Changes: Business Situation (BS): sa (%) -10.000 Mar 2025 quarterly Mar 2008 - Mar 2025

More Indicators for Hong Kong SAR, China

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data