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.

Hong Kong GDP Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus 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




GDP growth rate by Country
Country Last
United States 2.20 Mar/18
Turkey 2.00 Mar/18
India 1.90 Mar/18
China 1.40 Mar/18
Mexico 1.10 Mar/18
Australia 1.00 Mar/18
South Korea 1.00 Mar/18
Spain 0.70 Mar/18
Switzerland 0.60 Mar/18
Netherlands 0.50 Mar/18
Brazil 0.40 Mar/18
Euro Area 0.40 Mar/18
Canada 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
France 0.20 Mar/18
United Kingdom 0.10 Mar/18
Japan -0.20 Mar/18
Russia -0.38 Dec/17
Indonesia -0.42 Mar/18


Related

Latest