Hong Kong’s current account surplus narrowed to HKD 30.9 billion in the second quarter of 2022 from HKD 70.4 billion a year earlier, mainly due to the increase in goods deficit, partly offset by the increase in services surplus. The goods deficit increased to HKD 77.7 billion in the second quarter of 2022, compared with HKD 29.6 billion in the same quarter of 2021. Over the same period, the services surplus increased from HKD 20.8 billion to HKD 33.8 billion. The primary income inflow and outflow amounted to HKD 503.9 billion and HKD 425.8 billion respectively, thus yielding a net inflow of HKD 78.0 billion in the second quarter of 2022, compared with a net inflow of HKD 84.2 billion in the same quarter of 2021. source: Census and Statistics Department, Hong Kong
Current Account in Hong Kong averaged 32964.90 HKD Million from 1999 until 2022, reaching an all time high of 98766 HKD Million in the third quarter of 2020 and a record low of -29059 HKD Million in the second quarter of 2014. This page provides the latest reported value for - Hong Kong Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Current Account - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Current Account in Hong Kong is expected to be 30000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Current Account is projected to trend around 30000.00 HKD Million in 2023, according to our econometric models.