Economy of Hong Kong. Statistics, Data and Indicators
Hong Kong
| 95AA+ | Credit rank #16 |
| 110.28 | Quality of life #50 |
| 12 | Corruption rank#16 |
| 3 | Ease of doing business#4 |
Hong Kong Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 360 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.5 % | 2Q/23 |
| GDP Growth Rate | -1.3 % | 2Q/23 |
| GDP per capita | 43370 USD | 2022 |
| Inflation Rate YoY | 1.8 % | Aug/23 |
| Interest Rate | 5.75 % | Sep/23 |
| Unemployment Rate | 2.8 % | Aug/23 |
| Wages | 18010 HKD/Month | 2306.018 USD/Month | 2Q/23 |
| Balance of Trade | -25592 HKD Million | -3.277 B USD | Aug/23 |
| Current Account | 47505 HKD Million | 6.083 B USD | 2Q/23 |
| Foreign Exchange Reserves | 415700 USD Million | 415.7 B USD | Sep/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 360 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.5 % | 2Q/23 |
| GDP Growth Rate | -1.3 % | 2Q/23 |
| GDP per capita | 43370 USD | 2022 |
| Gross National Product | 743699 HKD Million | 95.224 USD Billion | 2Q/23 |
| GDP Constant Prices | 682807 HKD Million | 87.427 B USD | 2Q/23 |
| GDP per capita PPP | 58479 USD | 2022 |
| GDP From Agriculture | 562 HKD Million | 0.072 B USD | 2Q/23 |
| GDP From Construction | 30169 HKD Million | 3.863 B USD | 2Q/23 |
| GDP From Manufacturing | 6991 HKD Million | 0.895 B USD | 2Q/23 |
| GDP From Public Administration | 147061 HKD Million | 18.83 B USD | 2Q/23 |
| GDP From Services | 612285 HKD Million | 78.398 B USD | 2Q/23 |
| GDP From Transport | 50983 HKD Million | 6.528 B USD | 2Q/23 |
| GDP From Utilities | 9422 HKD Million | 1.206 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38.4 % | 2016 |
| Government Budget Value | -82639 HKD Million | -10.581 USD Billion | 2Q/23 |
| Government Spending | 87799 HKD Million | 11.242 USD Billion | 2Q/23 |
| Government Revenues | 70118 HKD Million | 8.978 USD Billion | 2Q/23 |
| Fiscal Expenditure | 152757 HKD Million | 19.559 B USD | 2Q/23 |
| Government Budget to GDP | -5 % | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 105 index points | Aug/23 |
| Export Prices | 112 index points | Jul/23 |
| Food Inflation | 2.2 % | Aug/23 |
| GDP Deflator | 104 index points | 2Q/23 |
| Import Prices | 112 index points | Jul/23 |
| Inflation Rate YoY | 1.8 % | Aug/23 |
| Producer Prices | 116 index points | 2Q/23 |
| Inflation Rate Mom | 0 % | Aug/23 |
| CPI Transportation | 108 Index Points | Aug/23 |
| Producer Prices Change | -0.2 % | 2Q/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 10.7 % | 2022 |
| Balance of Trade | -25592 HKD Million | -3.277 USD Billion | Aug/23 |
| Capital Flows | -79285 HKD Million | -10.152 USD Billion | 2Q/23 |
| Current Account | 47505 HKD Million | 6.083 USD Billion | 2Q/23 |
| Exports | 358294 HKD Million | 45.876 USD Billion | Aug/23 |
| External Debt | 14043599 HKD Million | 1798.156 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 415700 USD Million | 415.7 USD Billion | Sep/23 |
| Imports | 383886 HKD Million | 49.153 USD Billion | Aug/23 |
| Terms of Trade | 100 Index Points | Jul/23 |
| Tourist Arrivals | 4077746 Persons | 4.078 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 5.88 % | Sep/23 |
| Gold Reserves | 2.08 Tonnes | 2Q/23 |
| Interbank Rate | 2.17 % | Nov/19 |
| Interest Rate | 5.75 % | Sep/23 |
| Loans to Private Sector | 10387085 HKD Million | 1329.972 USD Billion | Aug/23 |
| Money Supply M0 | 574799 HKD Million | 73.598 USD Billion | Aug/23 |
| Money Supply M1 | 2605773 HKD Million | 333.646 USD Billion | Aug/23 |
| Money Supply M2 | 16791234 HKD Million | 2149.966 USD Billion | Aug/23 |
| Money Supply M3 | 16825512 HKD Million | 2154.355 USD Billion | Aug/23 |
| Foreign Direct Investment | 17021 HKD Billion | 2179.385 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 40 HKD/Hour | 819.462 USD/Month | 2023 |
| Retirement Age Men | 65 | 2022 |
| Retirement Age Women | 65 | 2022 |
| Unemployment Rate | 2.8 % | Aug/23 |
| Wages | 18010 HKD/Month | 2306.018 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 6.3 % | Aug/23 |
| Employed Persons | 3714 Thousand Person | 3.714 Million Person | Aug/23 |
| Job Vacancies | 81464 | 81.464 K | 2Q/23 |
| Labor Force Participation Rate | 57.7 % | Aug/23 |
| Unemployed Persons | 112 Thousand Persons | 0.112 Million Persons | Aug/23 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 16.5 % | 2023 |
| Personal Income Tax Rate | 15 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | 2.6 % | 2Q/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 7850 companies | Jul/23 |
| Business Confidence | 6 index points | 3Q/23 |
| Corruption Index | 76 index points | 2022 |
| Corruption Rank | 12 place | 2022 |
| Ease of Doing Business | 3 place | 2019 |
| Manufacturing PMI | 49.6 index points | Sep/23 |
| 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 | -1.7 % | Aug/23 |
| Retail Sales YoY | 11 % | Aug/23 |
| Consumer Spending | 503854 HKD Million | 64.514 USD Billion | 2Q/23 |
| Households Debt To GDP | 96 % | 1Q/23 |
