Hong Kong GDP Growth Rate

The Gross Domestic Product (GDP) in Hong Kong contracted 0.40 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Hong Kong averaged 0.91 percent from 1990 until 2019, reaching an all time high of 6.10 percent in the third quarter of 2003 and a record low of -3.40 percent in the first quarter of 2009.

GDP Growth Rate in Hong Kong is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Hong Kong to stand at -0.40 in 12 months time. In the long-term, the Hong Kong GDP Growth Rate is projected to trend around 1.00 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-05-02	08:30 AM	GDP Growth Rate QoQ Adv Q1	1.2%	-0.5%	0.6%
2019-05-17	08:30 AM	GDP Growth Rate QoQ Final Q1	1.3%	-0.5%	1.2%
2019-07-31	08:30 AM	GDP Growth Rate QoQ Adv Q2	-0.3%	1.3%	0.9%
2019-08-16	08:30 AM	GDP Growth Rate QoQ Final Q2	-0.4%	1.3%	-0.3%
2019-10-31	08:30 AM	GDP Growth Rate QoQ Adv Q3		-0.4%	-0.6%
2019-11-15	08:30 AM	GDP Growth Rate QoQ Final Q3		-0.4%

Hong Kong GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	-0.40	1.30	6.10	-3.40	percent	[+]
GDP Annual Growth Rate	0.50	0.60	20.70	-8.10	percent	[+]
GDP	362.99	341.65	362.99	1.32	USD Billion	[+]
GDP Constant Prices	657429.00	674829.00	721686.00	70363.00	HKD Million	[+]
Gross National Product	714199.00	699293.00	749212.00	351486.00	HKD Million	[+]
Gross Fixed Capital Formation	131070.00	128761.00	164546.00	16464.00	HKD Million	[+]
GDP per capita	38784.80	37949.30	38784.80	3380.60	USD	[+]
GDP per capita PPP	57322.50	56087.70	57322.50	26974.30	USD	[+]
GDP From Agriculture	474.00	406.00	804.00	400.00	HKD Million	[+]
GDP From Construction	28580.00	33759.00	35944.00	16120.00	HKD Million	[+]
GDP From Manufacturing	6968.00	6517.00	10964.00	6176.00	HKD Million	[+]
GDP From Public Administration	125639.00	117824.00	125639.00	78077.00	HKD Million	[+]
GDP From Services	585064.00	598382.00	654271.00	287640.00	HKD Million	[+]
GDP From Transport	35612.00	39028.00	39465.00	17151.00	HKD Million	[+]
GDP From Utilities	9275.00	7936.00	10939.00	6279.00	HKD Million	[+]

Hong Kong has an export oriented economy and in spite of small size is the 8th largest trading entity in the world with the value of goods and services exchanged four times the size of GDP. In recent years, Hong Kong has become an international hub for business, trade and finance importers willing to access the Chinese market. As such, the largest sector of the economy is services, which accounts for around 93 percent of GDP. This page provides - Hong Kong GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.40	1.30	6.10	-3.40	1990 - 2019	percent	Quarterly	SA

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Country	Last		Previous	Range
Indonesia	4.20	Jun/19	-0.52	4.21 : -3.57	%
South Africa	3.10	Jun/19	-3.1	7.6 : -6.1	%
United States	2.00	Jun/19	3.1	16.7 : -10	%
China	1.60	Jun/19	1.4	2.4 : 1.4	%
Turkey	1.20	Jun/19	1.6	5.7 : -5.2	%
India	1.00	Jun/19	1.3	5.8 : -1.8	%
South Korea	1.00	Jun/19	0.9	7.8 : -7	%
Canada	0.90	Jun/19	0.1	3.1 : -2.3	%
Australia	0.50	Jun/19	0.5	4.4 : -2	%
Netherlands	0.50	Jun/19	0.5	1.7 : -3.6	%
Spain	0.50	Jun/19	0.5	1.6 : -2.6	%
Brazil	0.40	Jun/19	-0.1	4 : -3.9	%
France	0.30	Jun/19	0.3	8 : -5.3	%
Japan	0.30	Jun/19	0.5	3.2 : -4.8	%
Switzerland	0.30	Jun/19	0.4	2.4 : -1.9	%
Euro Area	0.20	Jun/19	0.4	1.3 : -3	%
Italy	0.00	Jun/19	0.1	6 : -2.7	%
Mexico	0.00	Jun/19	-0.3	3.2 : -5.7	%
Saudi Arabia	0.00	Mar/19	1.07	8.51 : -2.14	%
Germany	-0.10	Jun/19	0.4	4 : -4.7	%
United Kingdom	-0.20	Jun/19	0.5	5 : -2.7	%
Argentina	-0.30	Jun/19	0	5.1 : -5.7	%
Russia	-0.40	Mar/19	0.1	4.1 : -5.4	%
Singapore	-3.30	Jun/19	3.8	27.2 : -10.9	%