Hong Kong's current account surplus rose to HKD 68.5 billion in the second quarter of 2021 from HKD 58 billion surplus in the corresponding period of the previous year. It was the largest current account surplus since the third quarter of 2020, mainly due to an increase in the primary income surplus to HKD 84.2 billion from HKD 60.8 billion a year ago. However, this improvement was partly offset by a significant deterioration of the goods deficit to HKD 31.5 billion from HKD 20 billion; and a slight reduction in the services surplus to HKD 20.8 billion from HKD 22.1 billion. At the same time, the secondary income gap remained barely unchanged at HKD 4.97 billion. source: Census and Statistics Department, Hong Kong
Current Account in Hong Kong averaged 31007.09 HKD Million from 1999 until 2021, reaching an all time high of 96863 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 December of 2021.
Current Account in Hong Kong is expected to be 50000.00 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 2022, according to our econometric models.