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The Gross Domestic Product (GDP) in Hong Kong expanded 1.90 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Hong Kong GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2024, the gross domestic product (GDP) of Hong Kong amounted to around 407 billion U.S. dollars at current prices, equivalent to around 3.18 trillion Hong Kong dollars. The city’s GDP grew by 2.5 percent that year. Hong Kong’s GDP in comparison The GDP measures the total value of all goods and services produced in an economy over a certain period. Together with unemployment and inflation, it is one of the most observed economic indicators. While GDP figures in the local currency are sometimes more useful for analyzing internal economic developments, values in international currencies are important for regional comparison.Among economies in Asia-Pacific, Hong Kong’s nominal GDP is comparatively small. However, as an advanced economy and a global financial hub, the city’s per capita GDP is one of the highest in the region, only second to Singapore and Australia. Hong Kong’s economic development As an important international hub for finance and trade, Hong Kong’s economy is dominated by the service sector. Financial services contributed more than 20 percent to the city’s GDP and displayed one of the highest sectoral growth rates over the last decade. Hong Kong’s economic growth suffered severely during the COVID-19 pandemic but returned to sustained growth in 2023.
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The Gross Domestic Product (GDP) in Hong Kong was worth 407.11 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Hong Kong represents 0.38 percent of the world economy. This dataset provides the latest reported value for - Hong Kong GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Gross Domestic Product per capita in Hong Kong was last recorded at 44724.54 US dollars in 2024. The GDP per Capita in Hong Kong is equivalent to 354 percent of the world's average. This dataset provides - Hong Kong GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The gross domestic product (GDP) per capita in Hong Kong was estimated at about ************** U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by approximately ************** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by around ************** U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).
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The Gross Domestic Product per capita in Hong Kong was last recorded at 66171.36 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Hong Kong, when adjusted by Purchasing Power Parity is equivalent to 372 percent of the world's average. This dataset provides - Hong Kong GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
According to a report on Chinese cities from 2024 that provided a ranking of their economic clout, Beijing, Shanghai, and Hong Kong shared first place with a total composite score of ***. The overall city ranking, which consisted of ten subsets, was headed by China's capital Beijing.
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Hong Kong recorded a Government Debt to GDP of 9 percent of the country's Gross Domestic Product in 2024. This dataset provides - Hong Kong Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The average for 2022 based on 195 countries was 18.38 births per 1000 people. The highest value was in Niger: 45.03 births per 1000 people and the lowest value was in Hong Kong: 4.4 births per 1000 people. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.
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China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.
According to preliminary figures, the value of foreign direct investment (FDI) inflows to China reached approximately ***** billion U.S. dollars in 2024. This was a decrease of around **** percent compared to the previous year. FDI development in China China was the second largest recipient of FDI inflows worldwide in 2023 and has been an attractive destination for foreign investment since it opened-up four decades ago. Annual FDI inflows increased rapidly from around ** billion U.S. dollars in 2000 to *** billion in 2011, but growth rates have dropped thereafter. This was mainly due to high market restrictions and growing competition from domestic companies. In order to improve the investment environment, the Chinese government issued a new Foreign Investment Law in 2019 and took further measures to safeguard the interests of foreign investors. These measures were at least partly responsible for increased FDI inflows in 2020 and 2021. However, geopolitical tensions and questions over China’s intentions to further open-up its economy render future developments in this area highly uncertain. Investor origins and preferred industries According to UNCTAD estimates, around **** percent of investment stock in 2020 originated from the *************, followed by **************************************. However, the picture is blurred by the fact that a large portion of these investments entered China through international financial hubs such as Hong Kong, which officially accounted for ** percent of the Chinese FDI stock in 2020. In terms of invested sectors, FDI distribution has changed a lot over the last 20 years. While manufacturing received around ** percent of annual investments in 2005, that share has dropped to around ** percent in 2020. Today, more than ** percent of the investment value is directed into the service sector.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product (GDP) in Hong Kong expanded 1.90 percent in the first quarter of 2025 over the previous quarter. This dataset provides - Hong Kong GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.