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Hong Kong

#19 globallyAsia Pacific

Average salary: $45,000/year Β· Currency: HKD HK$

Mean Annual Salary

$45,000

gross USD

Median Annual Salary

$38,000

gross USD

GDP per Capita

$49,661

current USD

PPP Factor

Γ—0.84

vs USD base

Tax Breakdown at Median Salary

Estimated
Gross Income$38,000
Income Tax$2,964
Social Security$1,140
Health Insurance$456

Take-Home (Net) Annual

$33,440

Effective Tax Rate

12.0%

* Based on median salary of $38,000. Estimated combined rate. Consult a tax professional for accurate calculations.

πŸ‡­πŸ‡° Hong Kong Economic Overview

Currency

HKD (HK$)

Region

Asia Pacific

Population

7.5M

Gini Coefficient

0.539

Cost of Living Index

84 (US=100)

Tax Data Available

Estimated

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Salary vs Global Benchmarks

Global Mean$18,000
Asia Pacific Mean$28,750
Hong Kong Mean$45,000

Global Ranking

#19

out of 117 countries

by average salary

About Salaries in Hong Kong

The average annual salary in Hong Kong is approximately $45,000 (gross, in USD), with a median of $38,000. The country ranks #19 out of 117 countries by average salary.

At the median salary, workers in Hong Kong take home approximately $33,440 after taxes β€” an effective tax rate of 12.0%. The purchasing power parity factor of Γ—0.84 means that in real terms, living costs are lower than in the United States.

Hong Kong is located in the Asia Pacific region. Income inequality, measured by the Gini coefficient, is 0.539 (high inequality).