Hong Kong Productivity  Forecast


Productivity in Hong Kong is expected to be 162.90 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Productivity is projected to trend around 175.67 Index Points in 2020, according to our econometric models.

Hong Kong Productivity
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Hong Kong Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 3.1 3.3 3.4 3.4 3.4 3.9
Employed Persons 3841 3838 3836 3841 3843 3857
Unemployed Persons 130 133 133 133 134 134
Labor Force Participation Rate 61.4 61.37 61.28 61.31 61.3 61.3
Labour Costs 142 139 139 139 139 139
Productivity 160 163 164 165 166 176
Job Vacancies 70463 70590 68673 70901 69291 69533
Wages 15379 15518 15556 15576 15606 15779
Wages in Manufacturing 207 210 210 211 212 215
Minimum Wages 34.5 34.5 34.5 34.5 34.5 40
Population 7.37 7.4 7.4 7.5 7.5 7.7
Youth Unemployment Rate 6.1 6.96 6.67 6.64 6.69 6.67
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 65 65 65 65 65 65