Makrognosis

Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100)

QuarterlyNot seasonally adjustedCode HK.GDPDEFL.Q.NSA

Latest (y/y)2.4%Q2 2026
Previous (y/y)−0.2%Q1 2026
Level102.2Q2 2026

Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100) was up 2.4% year on year in Q2 2026, compared with −0.2% in Q1 2026.

The level stood at 102.2 (index 2024=100).

That is the highest reading since Q4 2024.

Over the past ten years it has ranged from −0.9% (Q4 2020) to 4.9% (Q3 2024), averaging 2.1%.

Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100), annual % change, Q1 1974 – Q2 2026−10%0%10%20%19801990200020102020Robomacro
Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100), annual % change, Q1 1974 – Q2 2026. Source: Census and Statistics Department, Hong Kong SAR.
Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100), level (index 2024=100)025507510019801990200020102020Robomacro
Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100), level (index 2024=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q2 2026102.22.4
Q1 202699.10−0.2
Q4 2025101.61.4
Q3 2025102.70.5
Q2 202599.800.5
Q1 202599.301.0
Q4 2024100.23.1
Q3 2024102.24.9
Q2 202499.304.9
Q1 202498.303.9
Q4 202397.204.1
Q3 202397.402.5
Q2 202394.702.7
Q1 202394.602.2
Q4 202293.401.5
Q3 202295.003.1
Q2 202292.200.9
Q1 202292.601.1
Q4 202192.001.8
Q3 202192.100.8
Q2 202191.400.6
Q1 202191.60−0.3
Q4 202090.40−0.9
Q3 202091.400.3

Last 24 observations. The full history (214 observations) is available through the API.

Get Hong Kong Implicit price deflator of GDP (C&SD 310-31001, 2024=100) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/HK.GDPDEFL.Q.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/HK.GDPDEFL.Q.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ2 2026
First observationQ1 1973
Observations214
FrequencyQuarterly
Unitsindex 2024=100
AdjustmentNot seasonally adjusted
10-year high4.9% (Q3 2024)
10-year low−0.9% (Q4 2020)
10-year average2.1%
Source agencyCensus and Statistics Department, Hong Kong SAR
Makrognosis codeHK.GDPDEFL.Q.NSA

Other Hong Kong indicators

Hong Kong GDP (Gross Domestic Product)Hong Kong GDP at current market prices (C&SD 310-31001, HK$ million)Hong Kong GDP in chained (2024) dollars, annual (C&SD 310-31001, HK$ million)Hong Kong Composite Consumer Price Index (2019/20=100)Hong Kong Inflation Rate (CPI)Hong Kong Unemployment RateHong Kong Unemployment Rate (unadjusted)Hong Kong 10-Year Government Bond YieldHong Kong Credit Rating & Sovereign Risk ScoreHong Kong Retail Sales Growth Rate (year on year)Hong Kong Trade Balance: Goods & ServicesHong Kong Value of Total Exports (domestic + re-exports)Hong Kong Value of Total ImportsHong Kong Dollar per US DollarHong Kong GDP Growth Rate (YoY %)Hong Kong GDP in US Dollars

FAQ

What is the current implicit price deflator of GDP (C&SD 310-31001, 2024=100) in Hong Kong?
The latest reading is 2.4% year on year for Q2 2026, published by Census and Statistics Department, Hong Kong SAR.
Where does this data come from?
It is collected directly from Census and Statistics Department, Hong Kong SAR and is available through the Makrognosis API under the code HK.GDPDEFL.Q.NSA.

Last updated 2026-10-22. Source: Census and Statistics Department, Hong Kong SAR. Original title: “Hong Kong implicit price deflator of GDP (C&SD 310-31001, 2024=100)”.