Hong Kong GDP Growth Rate 1990-2018 | Data | Chart | Calendar | Forecast

The Hong Kong GDP advanced 2.2 percent quarter-on-quarter in the first three months of 2018, following a 0.8 percent rise in the prior quarter. It is the highest quarterly growth rate since the first three months of 2011. Private consumption rose by 3.1 percent (from 1.5 percent in the fourth quarter of 2017). Meantime, government spending went up 1.2 percent, rebounding from a 0.2 percent decline. Exports of goods rose 3.1 percent (from 1.1 percent) and imports increased by 2.3 percent, easing from 2.4 percent. Exports of services went up 4.8 percent (from 1.2 percent) while imports grew by 3.2 percent, from 0.8 percent in the prior period. GDP Growth Rate in Hong Kong averaged 0.95 percent from 1990 until 2018, 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.

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Calendar	GMT		Actual	Previous	TEForecast
2017-11-10	08:30 AM	GDP Growth Rate QoQ	0.5%	1.1%	0.7%
2018-02-28	03:45 AM	GDP Growth Rate QoQ	0.8%	0.8%	0.4%
2018-05-11	08:30 AM	GDP Growth Rate QoQ	2.2%	0.8%	0.80%
2018-08-10	08:30 AM	GDP Growth Rate QoQ		2.2%	0.80%
2018-11-16	08:30 AM	GDP Growth Rate QoQ			0.80%

Hong Kong GDP	Last	Previous	Highest	Lowest	Unit
GDP Growth Rate	2.20	0.80	6.10	-3.40	percent	[+]
GDP Annual Growth Rate	4.70	3.40	20.70	-8.10	percent	[+]
GDP	320.91	309.40	320.91	1.32	USD Billion	[+]
GDP Constant Prices	652077.00	691816.00	691816.00	68360.00	HKD Million	[+]
Gross National Product	672800.00	708633.00	708633.00	341738.00	HKD Million	[+]
Gross Fixed Capital Formation	131961.00	153369.00	157576.00	15765.00	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	453.00	461.00	837.00	429.00	HKD Million	[+]
GDP From Construction	33256.00	30261.00	34156.00	15319.00	HKD Million	[+]
GDP From Manufacturing	6870.00	7064.00	10830.00	6097.00	HKD Million	[+]
GDP From Public Administration	113669.00	115186.00	115186.00	75563.00	HKD Million	[+]
GDP From Services	624615.00	588170.00	624615.00	281693.00	HKD Million	[+]
GDP From Transport	39146.00	37867.00	39146.00	17565.00	HKD Million	[+]
GDP From Utilities	7697.00	10318.00	10855.00	6232.00	HKD Million	[+]

Hong Kong GDP Growth Rate

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 June of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.20	0.80	6.10	-3.40	1990 - 2018	percent	Quarterly	SA

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
United States	2.20	Mar/18	2.9	16.9	-10	%	Quarterly
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.40	Mar/18	1.6	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.9	3.2	-5.7	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
South Korea	1.00	Mar/18	-0.2	7.8	-7	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Netherlands	0.50	Mar/18	0.8	1.7	-3.2	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.4	6	-2.8	%	Quarterly
France	0.20	Mar/18	0.7	7.7	-5	%	Quarterly
United Kingdom	0.10	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.3	3.2	-4.9	%	Quarterly
Russia	-0.38	Dec/17	0.04	4.1	-5.4	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly