Monthly and long-term Hong Kong economic indicators data: historical series and analyst forecasts curated by FocusEconomics.

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.

The Gross Domestic Product (GDP) in Hong Kong expanded 0.70 percent in the third 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 increased by around *** percent in real terms compared to the previous year. GDP growth is estimated to reach around *** percent in 2025. The quarterly GDP growth rate in Hong Kong stood at *** percent in the fourth quarter of 2024. Drivers of growth in Hong Kong Hong Kong’s economy is dominated by the service sector, which contributes more than ** percent to the city’s GDP. This is related to Hong Kong’s status as a global financial hub and a service center for trade and investment flows from and into mainland China. Financial services, trading and logistics, professional services, and tourism are key industries in the city, with financial services alone contributing more than ** percent to the GDP. Over the last decade, financial services displayed the highest sectoral growth rates, while trading and logistics, as well as professional services, provided a significant number of jobs in the city. Current economic development The COVID-19 pandemic and consequent travel restrictions had a bad effect on Hong Kong’s economy. However, economic development stumbled already earlier with GDP growth turning negative in 2019. In real terms, the GDP is expected to finally exceed its 2018 level in 2025. GDP growth in the upcoming years is forecasted to remain slightly below ***** percent on average.

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.

Hong Kong HK: GDP: Growth data was reported at 3.791 % in 2017. This records an increase from the previous number of 2.163 % for 2016. Hong Kong HK: GDP: Growth data is updated yearly, averaging 6.007 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 16.164 % in 1976 and a record low of -5.883 % in 1998. Hong Kong HK: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The Gross Domestic Product (GDP) in Hong Kong expanded 3.80 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset provides - Hong Kong GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View yearly updates and historical trends for Hong Kong GDP Per Capita Outlook. Source: International Monetary Fund. Track economic data with YCharts anal…

Hong Kong HK: GDP data was reported at 2,660,983.000 HKD mn in 2017. This records an increase from the previous number of 2,490,776.000 HKD mn for 2016. Hong Kong HK: GDP data is updated yearly, averaging 501,317.000 HKD mn from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 2,660,983.000 HKD mn in 2017 and a record low of 7,116.188 HKD mn in 1960. Hong Kong HK: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Monthly and long-term Hong Kong GDP data: historical series and analyst forecasts curated by FocusEconomics.

Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.441 % in 2016. This records an increase from the previous number of -1.534 % for 2015. Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging -0.616 % from Dec 2001 (Median) to 2016, with 16 observations. The data reached an all-time high of 3.346 % in 2010 and a record low of -10.504 % in 2003. Hong Kong HK: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The OECD Economic Outlook analyses the major economic trends over the coming 2 years. It provides in-depth coverage of the main economic issues and the policy measures required to foster growth in each member country. Forthcoming developments in selected non-OECD economies are also evaluated in detail. Each edition of the Outlook provides a unique resource to keep abreast of world economic developments. The OECD Economic Outlook database is a comprehensive and consistent macroeconomic database of the OECD economies, covering expenditures, foreign trade, output, labour markets, interest and exchange rates, balance of payments, and government debt. For the non-OECD regions, foreign trade and current account series are available.

The database contains annual data (for all variables) and quarterly figures (for a subset of variables). Variables are defined in such a way that they are as homogenous as possible for the countries covered. Breaks in underlying series are corrected as far as possible. Sources for the historical data are publications of national statistical agencies and OECD databases such as Quarterly National Accounts, Annual National Accounts, Labour Force Statistics and Main Economic Indicators.

Concerning the aggregation of world trade, a new composition has been introduced, since projections are now made for selected non-OECD economies. Thus, besides OECD and the OECD Euro Area, the following new regions are available: Dynamic Asian Economies (Chinese Taipei, Hong Kong, Malaysia, the Philippines, Singapore, Thailand, Vietnam); Oil Producers (Azerbaijan, Kazakhstan, Turkmenistan, Brunei, Timor-Leste, Bahrain, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, United Arab Emirates, Yemen, Ecuador, Trinidad and Tobago, Venezuela, Algeria, Angola, Chad, Rep. of Congo, Equatorial Guinea, Gabon, Nigeria, Sudan); with the remaining countries in a residual 'Rest of the World' group.

As of 2019, ** percent of commercial occupiers in Hong Kong were concerned about a slower global economic forecast could impact their business outlook over the next three years. Hong Kong, an essential global financial center, has been attracting companies around the world to develop their business in this city. However, with the global political and economic changes, Hong Kong's attractiveness as a business center is also being challenged.

GDP from Services in Hong Kong decreased to 686288 HKD Million in the second quarter of 2025 from 689851 HKD Million in the first quarter of 2025. This dataset provides - Hong Kong Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

View yearly updates and historical trends for Hong Kong Unemployment Rate Outlook. Source: International Monetary Fund. Track economic data with YCharts a…

As of 2019, ** percent of commercial occupiers in Hong Kong were concerned about expanding the local operation size in Hong Kong due to the Greater Bay Area Initiative. Hong Kong, an essential global financial center, has been attracting companies around the world to develop their business in this city. However, with the global political and economic changes, Hong Kong's attractiveness as a business center is also being challenged.

View yearly updates and historical trends for Hong Kong General Government Gross Debt Outlook. Source: International Monetary Fund. Track economic data wi…

Hong Kong: Budget balance forecast, percent of GDP: The latest value from 2030 is 1 percent, a decline from 1.14 percent in 2029. In comparison, the world average is -2.33 percent, based on data from 81 countries. Historically, the average for Hong Kong from 1985 to 2030 is 0.97 percent. The minimum value, -5.56 percent, was reached in 2020 while the maximum of 6.2 percent was recorded in 2007.

GDP Constant Prices in Hong Kong increased to 798823 HKD Million in the third quarter of 2025 from 757804 HKD Million in the second quarter of 2025. This dataset provides - Hong Kong GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP from Public Administration in Hong Kong increased to 161695 HKD Million in the second quarter of 2025 from 149575 HKD Million in the first quarter of 2025. This dataset provides - Hong Kong Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.