Hong Kong recorded a Current Account surplus of 4.20 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Hong Kong averaged 4.72 percent from 1980 until 2017, reaching an all time high of 15 percent in 2008 and a record low of -6.30 percent in 1995.

Current Account to GDP in Hong Kong is expected to be 3.90 percent 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 to GDP is projected to trend around 3.10 percent in 2020, according to our econometric models.

Hong Kong Current Account to GDP
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Hong Kong Trade Last Previous Highest Lowest Unit
Balance of Trade -44490.00 -47715.00 7228.00 -59898.00 HKD Million [+]
Current Account 15660.00 16564.00 92020.00 -29059.00 HKD Million [+]
Current Account to GDP 4.20 4.00 15.00 -6.30 percent [+]
Imports 428141.80 422676.00 428452.00 230.00 HKD Million [+]
Exports 383651.50 374961.00 383651.50 172.00 HKD Million [+]
Terms of Trade 99.50 99.00 108.50 99.00 Index Points [+]
Capital Flows -45878.00 -44572.00 22424.00 -89673.00 HKD Million [+]
Tourist Arrivals 5884512.00 4718536.00 6009577.00 427254.00 [+]
Gold Reserves 2.10 2.10 2.10 2.08 Tonnes [+]
Foreign Direct Investment 13356.84 13230.81 13356.84 1955.85 HKD Billion [+]
External Debt 13057340.00 12775626.00 13057340.00 2707907.00 HKD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Hong Kong Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Hong Kong Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 4.00 15.00 -6.30 1980 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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