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

The GDP in Hong Kong advanced 0.7 percent on quarter in the first three months of 2017, easing from a 1.2 percent expansion in Q4 but beating expectations of 0.6 percent. Private consumption slowed (0.4 percent from 1.5 percent in Q4) while government spending went up at a faster 1.2 percent (0.9 percent in Q4). In addition, both exports (1.5 percent from 3.9 percent) and imports (0.2 percent from 4 percent) slowed. 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)
2016-11-11 08:30 AM Q3 0.6% 1.5% 0.3% 0.5%
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 0.7% 1.1%
2017-11-10 08:30 AM Q3 0.7%




Hong Kong GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 1.20 6.10 -3.40 percent [+]
GDP Annual Growth Rate 4.30 3.20 20.70 -8.10 percent [+]
GDP 309.23 291.23 309.23 1.32 USD Billion [+]
GDP Constant Prices 611429.00 657542.00 657542.00 67245.00 HKD Million [+]
Gross National Product 626565.00 682811.00 682811.00 337376.00 HKD Million [+]
Gross Fixed Capital Formation 126753.00 148405.00 157800.00 15787.00 HKD Million [+]
GDP per capita 36173.30 35624.90 36173.30 4902.70 USD [+]
GDP per capita PPP 53463.00 52652.30 53463.00 26974.39 USD [+]
GDP From Agriculture 330.00 338.00 602.00 301.00 HKD Million [+]
GDP From Construction 28203.00 24776.00 28203.00 13065.00 HKD Million [+]
GDP From Manufacturing 6956.00 7169.00 11028.00 6211.00 HKD Million [+]
GDP From Public Administration 100838.00 101585.00 102175.00 69348.00 HKD Million [+]
GDP From Services 576119.00 542268.00 576119.00 268771.00 HKD Million [+]
GDP From Transport 36979.00 39295.00 39295.00 17352.00 HKD Million [+]
GDP From Utilities 7807.00 9966.00 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.20 6.10 -3.40 1990 - 2017 percent Quarterly



gdp growth rate by Country

Last
India 1.50 Mar/17
Turkey 1.40 Mar/17
China 1.30 Mar/17
United States 1.20 Mar/17
South Korea 1.10 Mar/17
Brazil 1.00 Mar/17
Canada 0.90 Mar/17
Spain 0.80 Mar/17
Mexico 0.70 Mar/17
Euro Area 0.60 Mar/17
Germany 0.60 Mar/17
France 0.50 Mar/17
Italy 0.40 Mar/17
Netherlands 0.40 Mar/17
Australia 0.30 Mar/17
Japan 0.30 Mar/17
Switzerland 0.30 Mar/17
United Kingdom 0.20 Mar/17
Indonesia -0.34 Mar/17
Russia -0.57 Sep/15