Hong Kong GDP Growth Rate  1990-2017 | Data | Chart | Calendar | Forecast

Hong Kong's gross domestic product advanced 1 percent on quarter in the three months to June of 2017 after expanding 0.7 percent in the previous period. Growth was driven by recovering domestic demand, a booming property sector and a robust stock market. GDP Growth Rate in Hong Kong averaged 0.94 percent from 1990 until 2017, 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.

Hong Kong GDP Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-22 03:50 AM Q4 1.2% 0.8% 0.9%
2017-05-12 08:30 AM Q1 0.7% 1.2% 0.6% 0.7%
2017-08-11 08:30 AM Q2 1% 0.7% 1.1%
2017-11-10 08:30 AM Q3 1% 0.7%


Hong Kong GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.70 6.10 -3.40 percent [+]
GDP Annual Growth Rate 3.80 4.30 20.70 -8.10 percent [+]
GDP 320.91 309.40 320.91 1.32 USD Billion [+]
GDP Constant Prices 602926.00 611429.00 657542.00 67245.00 HKD Million [+]
Gross National Product 626565.00 682811.00 682811.00 337376.00 HKD Million [+]
Gross Fixed Capital Formation 142102.00 126753.00 157800.00 15787.00 HKD Million [+]
GDP per capita 36725.60 36191.40 36725.60 3380.60 USD [+]
GDP per capita PPP 54279.20 53489.60 54279.20 26974.30 USD [+]
GDP From Agriculture 376.00 330.00 602.00 301.00 HKD Million [+]
GDP From Construction 29358.00 28203.00 29358.00 13065.00 HKD Million [+]
GDP From Manufacturing 6221.00 6956.00 11028.00 6211.00 HKD Million [+]
GDP From Public Administration 102254.00 100838.00 102254.00 69348.00 HKD Million [+]
GDP From Services 543187.00 576119.00 576119.00 268771.00 HKD Million [+]
GDP From Transport 38460.00 36979.00 39295.00 17352.00 HKD Million [+]
GDP From Utilities 7664.00 7807.00 10860.00 6236.00 HKD Million [+]


Hong Kong GDP Growth Rate Notes

Hong Kong has an export oriented economy and in spite of small size is the 8th largest trading entity in the world. Since 2000, the economy grew at an average of 0.99 percent quarter-on-quarter, boosted by international trade. Indeed, as Hong Kong became a platform between Chinese companies and importers from all around the world, the value of goods and services exchanged reached four times the GDP. Yet, the high reliance on exports and tight housing supply conditions are the main treats to future growth. 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.70 6.10 -3.40 1990 - 2017 percent Quarterly
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gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 2.60 Jun/17
China 1.70 Jun/17
India 1.50 Mar/17
Netherlands 1.50 Jun/17
Turkey 1.40 Mar/17
Brazil 1.00 Mar/17
Japan 1.00 Jun/17
Canada 0.90 Mar/17
Spain 0.90 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Australia 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.30 Jun/17
Russia -0.57 Sep/15