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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 -4.5 % 3Q/22
GDP Growth Rate -2.6 % 3Q/22
GDP per capita 44481 USD 2021
Inflation Rate YoY 2 % Dec/22
Interest Rate 4.75 % Dec/22
Unemployment Rate 3.5 % Dec/22
Wages 17472 HKD/Month | 2231.543 USD/Month 3Q/22
Balance of Trade -51646 HKD Million | -6.596 B USD Dec/22
Current Account 115839 HKD Million | 14.795 B USD 3Q/22
Foreign Exchange Reserves 424000 USD Million | 424 B USD Dec/22


GDP Indicators

Indicator Data Period
GDP Value 368 USD Billion 2021
GDP Annual Growth Rate -4.5 % 3Q/22
GDP Growth Rate -2.6 % 3Q/22
GDP per capita 44481 USD 2021
Gross National Product 769128 HKD Million | 98.234 USD Billion 3Q/22
GDP Constant Prices 689915 HKD Million | 88.117 B USD 3Q/22
GDP per capita PPP 60052 USD 2021
GDP From Agriculture  606 HKD Million | 0.077 B USD 3Q/22
GDP From Construction  25657 HKD Million | 3.277 B USD 3Q/22
GDP From Manufacturing  7032 HKD Million | 0.898 B USD 3Q/22
GDP From Public Administration  143376 HKD Million | 18.312 B USD 3Q/22
GDP From Services  621008 HKD Million | 79.316 B USD 3Q/22
GDP From Transport  27919 HKD Million | 3.566 B USD 3Q/22
GDP From Utilities  10669 HKD Million | 1.363 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 38.4 % 2016
Government Budget Value -133740 HKD Million | -17.081 USD Billion 3Q/22
Government Spending 93994 HKD Million | 12.005 USD Billion 3Q/22
Government Revenues 51664 HKD Million | 6.599 USD Billion 3Q/22
Fiscal Expenditure  185404 HKD Million | 23.68 B USD 3Q/22
Government Budget to GDP -3.6 % 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 104 index points Dec/22
Export Prices 114 index points Nov/22
Food Inflation 3.8 % Dec/22
GDP Deflator 106 index points 3Q/22
Import Prices 115 index points Nov/22
Inflation Rate YoY 2 % Dec/22
Producer Prices 112 index points 3Q/22
Inflation Rate Mom 0.3 % Dec/22
CPI Transportation 105 Index Points Dec/22
Producer Prices Change  0.4 % 3Q/22


Trade Indicators

Indicator Data Period
Current Account to GDP 11.2 % 2021
Balance of Trade -51646 HKD Million | -6.596 USD Billion Dec/22
Capital Flows -148430 HKD Million | -18.958 USD Billion 3Q/22
Current Account 115839 HKD Million | 14.795 USD Billion 3Q/22
Exports 348085 HKD Million | 44.458 USD Billion Dec/22
External Debt 14309887 HKD Million | 1827.674 USD Billion 3Q/22
Foreign Exchange Reserves 424000 USD Million | 424 USD Billion Dec/22
Imports 399731 HKD Million | 51.054 USD Billion Dec/22
Terms of Trade  99.1 Index Points Nov/22
Tourist Arrivals 113763 Persons | 0.114 Million Persons Nov/22


Money Indicators

Indicator Data Period
Bank Lending Rate 5.63 % Dec/22
Gold Reserves 2.08 Tonnes 3Q/22
Interbank Rate 2.17 % Nov/19
Interest Rate 4.75 % Dec/22
Loans to Private Sector 10657617 HKD Million | 1361.203 USD Billion Nov/22
Money Supply M0 580312 HKD Million | 74.118 USD Billion Nov/22
Money Supply M1 2896868 HKD Million | 369.991 USD Billion Nov/22
Money Supply M2 16408122 HKD Million | 2095.663 USD Billion Nov/22
Money Supply M3 16442252 HKD Million | 2100.022 USD Billion Nov/22
Foreign Direct Investment 16837 HKD Billion | 2150.44 B USD 2021


Labor Indicators

Indicator Data Period
Minimum Wages 37.5 HKD/Hour | 766.327 USD/Month 2022
Retirement Age Men 65 2022
Retirement Age Women 65 2022
Unemployment Rate 3.5 % Dec/22
Wages 17472 HKD/Month | 2231.543 USD/Month 3Q/22
Youth Unemployment Rate 6.3 % Dec/22
Employed Persons 3665 Thousand Person | 3.665 Million Person Dec/22
Job Vacancies 74838 | 74.838 K 3Q/22
Labor Force Participation Rate 58.3 % Dec/22
Unemployed Persons 126 Thousand Persons | 0.126 Million Persons Dec/22


Taxes

Indicator Data Period
Corporate Tax Rate 16.5 % 2022
Personal Income Tax Rate 15 % 2022


Production Indicators

Indicator Data Period
Industrial Production -0.6 % 3Q/22


Business Indicators

Indicator Data Period
Bankruptcies 4053 companies Nov/22
Business Confidence 6 index points 1Q/23
Corruption Index 76 index points 2021
Corruption Rank 12 place 2021
Ease of Doing Business 3 place 2019
Manufacturing PMI 49.6 index points Dec/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 -8.8 % Nov/22
Retail Sales YoY -5.3 % Nov/22
Consumer Spending 458486 HKD Million | 58.558 USD Billion 3Q/22
Households Debt To GDP 94.6 % 2Q/22