Inflation rates by country and year

-4%-0.2%3.6%7.4%11.2%
-4%-0.2%3.6%7.4%11.2%
198211.0%
2003-2.7%
20251.4%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate1.4%

Behind the curve

Turning points in Hong Kong SAR, China

  1. 1998↕ Mixed effects

    The Asian financial crisis — Wikipedia (opens in a new tab)

    The 1997–98 crisis and a bursting property bubble pushed Hong Kong into a long stretch of falling prices, while the dollar peg held.

    Hong Kong Monetary Authority
  2. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    Hong Kong imports nearly all its food, so the 2007–08 global price surge fed into domestic prices.

    Hong Kong Monetary Authority
  3. 2020↓ Downward pressure

    The pandemic recession — Wikipedia (opens in a new tab)

    The pandemic cut tourism and consumer demand, easing inflation in 2020.

    Hong Kong Monetary Authority
  4. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher global food and energy prices lifted Hong Kong inflation in 2022.

    Hong Kong Monetary Authority

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Hong Kong SAR, China?

The annual inflation rate in Hong Kong SAR, China was 1.4% in 2025, the most recent year in the World Bank dataset. That means prices rose 1.4% on average compared with the year before. Use the chart above to explore Hong Kong SAR, China's full inflation history from 1982 to 2025, and to compare it with any other country.

How inflation in Hong Kong SAR, China has changed

Inflation in Hong Kong SAR, China peaked at 11.2% in 1991 and reached its lowest point at -4.0% in 1999. Averaged across the 44 years of available data (1982–2025), the rate has been 3.8% per year.

Frequently asked questions about inflation in Hong Kong SAR, China

What is the current inflation rate in Hong Kong SAR, China?

The latest available annual figure is 1.4% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Hong Kong SAR, China's statistical office.

What was the highest inflation rate in Hong Kong SAR, China?

The highest annual inflation rate on record is 11.2%, reached in 1991.

What was the lowest inflation rate in Hong Kong SAR, China?

The lowest annual inflation rate on record is -4.0%, recorded in 1999.

Where does the inflation data for Hong Kong SAR, China come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.