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Economy of Hong Kong. Statistics, Data and Indicators

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Hong Kong
95AA+ Credit rank #16
110.28 Quality of life #50
12 Corruption rank#16
3 Ease of doing business#4
Hong Kong


Hong Kong Major Economic Indicators

Indicator Data Period
GDP Value 368 USD Billion 2021
GDP Annual Growth Rate -1.3 % 2Q/22
GDP Growth Rate 1 % 2Q/22
GDP per capita 44536 USD 2021
Inflation Rate YoY 1.8 % Jun/22
Interest Rate 2.75 % Jul/22
Unemployment Rate 4.3 % Jul/22
Wages 17146 HKD/Month | 2186.99 USD/Month 1Q/22
Balance of Trade -68533 HKD Million | -8.741 B USD Jun/22
Current Account 78508 HKD Million | 10.014 B USD 1Q/22
Foreign Exchange Reserves 441700 USD Million | 441.7 B USD Jul/22


GDP Indicators

Indicator Data Period
GDP Value 368 USD Billion 2021
GDP Annual Growth Rate -1.3 % 2Q/22
GDP Growth Rate 1 % 2Q/22
GDP per capita 44536 USD 2021
Gross National Product 692415 HKD Million | 88.318 USD Billion 1Q/22
GDP Constant Prices 668198 HKD Million | 85.229 B USD 2Q/22
GDP per capita PPP 60052 USD 2021
GDP From Agriculture  609 HKD Million | 0.078 B USD 1Q/22
GDP From Construction  28573 HKD Million | 3.645 B USD 1Q/22
GDP From Manufacturing  6152 HKD Million | 0.785 B USD 1Q/22
GDP From Public Administration  126813 HKD Million | 16.175 B USD 1Q/22
GDP From Services  594316 HKD Million | 75.806 B USD 1Q/22
GDP From Transport  25494 HKD Million | 3.252 B USD 1Q/22
GDP From Utilities  7922 HKD Million | 1.01 B USD 1Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 38.4 % 2016
Government Budget Value 2033 HKD Million | 0.259 USD Billion 1Q/22
Government Spending 95488 HKD Million | 12.18 USD Billion 2Q/22
Government Revenues 181052 HKD Million | 23.093 USD Billion 1Q/22
Fiscal Expenditure  179019 HKD Million | 22.834 B USD 1Q/22
Government Budget to GDP -12 % 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 index points Jun/22
Export Prices 114 index points Jun/22
Food Inflation 4 % Jun/22
GDP Deflator 101 index points 2Q/22
Import Prices 114 index points Jun/22
Inflation Rate YoY 1.8 % Jun/22
Producer Prices 114 index points 1Q/22
Inflation Rate Mom 0.3 % Jun/22
CPI Transportation 105 Index Points Jun/22
Producer Prices Change  2.3 % 1Q/22


Trade Indicators

Indicator Data Period
Current Account to GDP 6.6 % 2020
Balance of Trade -68533 HKD Million | -8.741 USD Billion Jun/22
Capital Flows -49515 HKD Million | -6.316 USD Billion 1Q/22
Current Account 78508 HKD Million | 10.014 USD Billion 1Q/22
Exports 380708 HKD Million | 48.56 USD Billion Jun/22
External Debt 14550202 HKD Million | 1855.893 USD Billion 1Q/22
Foreign Exchange Reserves 441700 USD Million | 441.7 USD Billion Jul/22
Imports 449241 HKD Million | 57.301 USD Billion Jun/22
Terms of Trade  99.7 Index Points Jun/22
Tourist Arrivals 41112 Persons | 0.041 Million Persons Jun/22


Money Indicators

Indicator Data Period
Bank Lending Rate 5 % Jul/22
Gold Reserves 2.08 Tonnes 2Q/22
Interbank Rate 2.17 % Nov/19
Interest Rate 2.75 % Jul/22
Loans to Private Sector 10986614 HKD Million | 1401.354 USD Billion Jun/22
Money Supply M0 595954 HKD Million | 76.015 USD Billion Jun/22
Money Supply M1 3319053 HKD Million | 423.349 USD Billion Jun/22
Money Supply M2 16303463 HKD Million | 2079.523 USD Billion Jun/22
Money Supply M3 16339898 HKD Million | 2084.171 USD Billion Jun/22
Foreign Direct Investment 16837 HKD Billion | 2147.577 B USD 2021


Labor Indicators

Indicator Data Period
Minimum Wages 37.5 HKD/Hour | 765.306 USD/Month 2022
Retirement Age Men 65 2020
Retirement Age Women 65 2020
Unemployment Rate 4.3 % Jul/22
Wages 17146 HKD/Month | 2186.99 USD/Month 1Q/22
Youth Unemployment Rate 7.3 % Jun/22
Employed Persons 3572 Thousand Person | 3.572 Million Person Jun/22
Job Vacancies 53696 | 53.696 K 1Q/22
Labor Force Participation Rate 58.3 % Jun/22
Unemployed Persons 179 Thousand Persons | 0.179 Million Persons Jun/22


Taxes

Indicator Data Period
Corporate Tax Rate 16.5 % 2021
Personal Income Tax Rate 15 % 2021


Production Indicators

Indicator Data Period
Industrial Production -1.2 % 1Q/22


Business Indicators

Indicator Data Period
Bankruptcies 4633 companies May/22
Business Confidence 6 index points 3Q/22
Corruption Index 76 index points 2021
Corruption Rank 12 place 2021
Ease of Doing Business 3 place 2019
Manufacturing PMI 52.3 index points Jul/22
Competitiveness Index 83.14 Index Points 2019
Competitiveness Rank 3 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 70.6 index points 4Q/21
Retail Sales MoM -4.7 % Jun/22
Retail Sales YoY -4.1 % Jun/22
Consumer Spending 470088 HKD Million | 59.96 USD Billion 2Q/22
Households Debt To GDP 93.1 % 4Q/21