Economic & Financial Data for Hong Kong

Date of last update: 23 Apr 2024

This page is updated on the day that the data are released.

The data shown in this page correspond to the data described on the International Monetary Fund's Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which Hong Kong, China has committed, please click on DSBB Home Page.

Select Sector

Done

Unless otherwise indicated, data are not seasonally adjusted.

SDDS Data Category and Component	Unit Description	Observations			Change in Latest Data Over a Year Ago (%)	Change in Previous Data Over a Year Ago (%)	More Info
SDDS Data Category and Component	Unit Description	Date of Latest Data	Latest Data	Previous Data	Change in Latest Data Over a Year Ago (%)	Change in Previous Data Over a Year Ago (%)	More Info
REAL SECTOR
National Accounts
* GDP (Real)¹	HK$ million, in chained (2021) dollars	Q4/23	749,710	721,300	4.3	4.1	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure¹	HK$ million, in chained (2021) dollars	Q4/23	510,033	477,838	3.3	6.2	More Statistics DSBB
*** Government consumption expenditure¹	HK$ million, in chained (2021) dollars	Q4/23	91,745	92,037	-5.2	-4.0	More Statistics DSBB
*** Gross domestic fixed capital formation¹	HK$ million, in chained (2021) dollars	Q4/23	129,261	129,258	16.4	21.8	More Statistics DSBB
*** Changes in inventories¹	HK$ million, in chained (2021) dollars	Q4/23	-5,715	2,632	-	-	More Statistics DSBB
*** Exports of goods¹	HK$ million, in chained (2021) dollars	Q4/23	1,095,687	1,046,393	2.6	-8.7	More Statistics DSBB
*** Exports of services¹	HK$ million, in chained (2021) dollars	Q4/23	192,605	192,203	22.2	23.2	More Statistics DSBB
*** Imports of goods¹	HK$ million, in chained (2021) dollars	Q4/23	1,099,454	1,065,017	3.6	-6.1	More Statistics DSBB
*** Imports of services¹	HK$ million, in chained (2021) dollars	Q4/23	164,452	154,044	28.4	28.9	More Statistics DSBB
** By Economic Activity
*** Agriculture, fishing, mining and quarrying	HK$ million, in chained (2021) dollars	Q4/23	386	427	-10.4	-3.6	More Statistics DSBB
*** Manufacturing	HK$ million, in chained (2021) dollars	Q4/23	6,870	7,137	4.1	4.3	More Statistics DSBB
*** Electricity, gas and water supply, and waste management	HK$ million, in chained (2021) dollars	Q4/23	8,292	10,781	3.8	0.4	More Statistics DSBB
*** Construction	HK$ million, in chained (2021) dollars	Q4/23	31,470	30,541	3.1	13.6	More Statistics DSBB
*** Services	HK$ million, in chained (2021) dollars	Q4/23	691,286	652,799	5.5	4.1	More Statistics DSBB
**** Import/export, wholesale and retail trades	HK$ million, in chained (2021) dollars	Q4/23	134,212	123,817	7.2	1.8	More Statistics DSBB
**** Accommodation and food services	HK$ million, in chained (2021) dollars	Q4/23	14,762	13,516	15.0	18.2	More Statistics DSBB
**** Transportation, storage, postal and courier services	HK$ million, in chained (2021) dollars	Q4/23	70,470	65,299	31.6	31.3	More Statistics DSBB
****Information and communications	HK$ million, in chained (2021) dollars	Q4/23	26,718	26,294	2.1	1.7	More Statistics DSBB
**** Financing and insurance	HK$ million, in chained (2021) dollars	Q4/23	149,730	133,608	-0.5	-1.1	More Statistics DSBB
**** Real estate, professional and business services	HK$ million, in chained (2021) dollars	Q4/23	66,538	62,043	2.9	3.4	More Statistics DSBB
**** Public administration, social and personal services	HK$ million, in chained (2021) dollars	Q4/23	151,196	151,689	3.8	2.9	More Statistics DSBB
**** Ownership of premises	HK$ million, in chained (2021) dollars	Q4/23	77,661	76,531	1.0	0.8	More Statistics DSBB
*** Taxes on products	HK$ million, in chained (2021) dollars	Q4/23	22,342	24,130	-26.7	-9.7	More Statistics DSBB
* GDP (Nominal)	HK$ million, at current market prices	Q4/23	794,640	768,426	8.5	7.1	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure	HK$ million, at current market prices	Q4/23	552,241	518,615	8.8	12.4	More Statistics DSBB
*** Government consumption expenditure	HK$ million, at current market prices	Q4/23	97,103	97,165	-3.1	-1.5	More Statistics DSBB
*** Gross domestic fixed capital formation	HK$ million, at current market prices	Q4/23	132,626	129,869	15.9	22.0	More Statistics DSBB
*** Changes in inventories	HK$ million, at current market prices	Q4/23	-7,876	3,518	-	-	More Statistics DSBB
*** Exports of goods	HK$ million, at current market prices	Q4/23	1,244,478	1,163,070	7.9	-5.3	More Statistics DSBB
*** Exports of services	HK$ million, at current market prices	Q4/23	202,933	197,310	22.4	21.8	More Statistics DSBB
*** Imports of goods	HK$ million, at current market prices	Q4/23	1,251,277	1,184,443	8.8	-2.3	More Statistics DSBB
*** Imports of services	HK$ million, at current market prices	Q4/23	175,588	156,678	26.8	29.9	More Statistics DSBB
Production Index (All Manufacturing Industries)²	Index, 2015=100	Q4/23	106.0	110.2	4.1	4.3	More Statistics DSBB
Forward-looking Indicator
Business Expectations³	-	Q2/24	-	-	-	-	More Statistics DSBB
Retail Sales Volume Index	Index, Oct19-Sep20=100	Feb/24	113.5	122.8	0.5	-1.2	More Statistics DSBB
Labour Market
* Employment	Employed persons (thousand) (3-month moving average)	Jan/24-Mar/24	3,688.4	3,694.7	0.9	1.2	More Statistics DSBB
* Unemployment rate (Seasonally adjusted)	Percentage of labour force (3-month moving average)	Jan/24-Mar/24	3.0	2.9	-	-	More Statistics DSBB
* Wages/earnings (Nominal index of payroll per person engaged)	Index, Q1/99=100	Q4/23	178.5	171.4	3.6	3.5	More Statistics DSBB
Price Indices
* Composite consumer price index	Index, Oct19-Sep20=100	Mar/24	107.1	107.1	2.0	2.1	More Statistics DSBB
* Producer price index (All manufacturing industries)²	Index, 2015=100	Q4/23	113.8	114.8	2.7	3.0	More Statistics DSBB
FISCAL SECTOR
General Government Operations (Budgetary Accounts [Monthly])
* Revenue	HK$ million	Feb/24	35,337.0	101,398.2	-52.7	-8.8	More Statistics DSBB
* Expenditure	HK$ million	Feb/24	52,771.2	59,962.4	-10.6	19.7	More Statistics DSBB
* Surplus/deficit (+/-)	HK$ million	Feb/24	-17,434.2	41,435.8	-	-	More Statistics DSBB
* Financing	HK$ million	Feb/24	17,434.2	-41,435.8	-	-	More Statistics DSBB
** Domestic - Banking sector ⁴	HK$ million	Feb/24	19,776.5	-39,936.0	-	-	More Statistics DSBB
** Domestic - Non-banking sector	HK$ million	Feb/24	-2,342.3	-1,499.8	-	-	More Statistics DSBB
** External	HK$ million	Feb/24	0	0	-	-	More Statistics DSBB
Government Debt
* Government debt ⁵	HK$ million	Feb/24	192,933.0	187,800.0	58.8	54.3	More Statistics DSBB
* Debt guaranteed by government ⁶	HK$ million	Feb/24	146,655.0	146,844.0	3.5	4.4	More Statistics DSBB
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector (Monetary Statistics)
* Monetary aggregates (HK$ M3)	HK$ million	Feb/24	8,218,720	8,245,139	0.1	-0.7	More Statistics DSBB
* Gross domestic credit to the Hong Kong SAR Government ⁷	HK$ million	Feb/24	0	0	-	-	More Statistics DSBB
* Gross domestic credit to private sector ⁸	HK$ million	Feb/24	7,473,076	7,544,934	-3.9	-3.4	More Statistics DSBB
* Net external position (Net external claims) ⁹	HK$ million	Jan/24	4,265,786	4,226,476	17.7	19.0	More Statistics DSBB
Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet)
* Monetary base	HK$ million	Mar/24	1,918,140	1,909,754	0.8	0.7	More Statistics DSBB
* Claims on the Hong Kong SAR Government	HK$ million	Mar/24	0	0	-	-	More Statistics DSBB
* Claims on the private sector in Hong Kong	HK$ million	Mar/24	299,226	292,608	11.1	0.8	More Statistics DSBB
* Foreign assets	HK$ million	Mar/24	3,521,157	3,532,888	-1.7	-0.9	More Statistics DSBB
* Foreign liabilities	HK$ million	Mar/24	22,195	22,376	-5.3	-18.9	More Statistics DSBB
Interest Rate
* Base rate	Percent per annum	Mar/24	5.75	5.75	-	-	More Statistics DSBB
* Yield of exchange fund bills - 91-day	Percent per annum	Mar/24	4.27	4.02	-	-	More Statistics DSBB
* Government bond yield - 10-year	Percent per annum	Mar/24	3.711	3.781	-	-	More Statistics DSBB
FINANCIAL SOUNDNESS INDICATORS (FSIs) are posted at http://fsi.imf.org/docs/country/All FSIs_532.xls
Stock Market (Hang Seng Index)	Index, 31 July 1964 = 100	Mar/24	16,541	16,511	-18.9	-16.5	More Statistics DSBB
EXTERNAL SECTOR
Balance of Payments
* Imports of goods and services	HK$ million	Q4/23	1,426,865	1,341,121	10.7	0.6	More Statistics DSBB
* Exports of goods and services	HK$ million	Q4/23	1,447,411	1,360,380	9.7	-2.2	More Statistics DSBB
* Net receipts from primary income	HK$ million	Q4/23	54,987	93,434	-	-	More Statistics DSBB
* Net receipts from secondary income	HK$ million	Q4/23	-4,338	-4,196	-	-	More Statistics DSBB
* International reserves (Change in reserve assets) ¹⁰	HK$ million	Q4/23	-9,113	16,099	-	-	More Statistics DSBB
* Financial transactions (Non-reserve) ¹⁰	HK$ million	Q4/23	46,540	127,401	-	-	More Statistics DSBB
International Reserves
* Foreign currency reserve assets	US$ billion	Mar/24	423.6	425.2	-1.7	-0.9	More Statistics DSBB
* Data template on international reserves/foreign currency liquidity	US$ billion	Feb/24	425.2	423.1	-0.9	-3.1	More Statistics DSBB
Merchandise Trade
* Total exports of goods (f.o.b.)	HK$ billion	Feb/24	284.1	388.7	-0.8	33.6	More Statistics DSBB
* Total imports of goods (c.i.f.)	HK$ billion	Feb/24	325.7	385.1	-1.8	21.7	More Statistics DSBB
International Investment Position
* Assets	HK$ million	Q4/23	48,301,734	47,949,024	1.9	3.8	More Statistics DSBB
** Direct investment	HK$ million	Q4/23	17,553,819	17,313,594	2.9	3.4	More Statistics DSBB
** Portfolio investment	HK$ million	Q4/23	14,334,210	14,151,575	0.3	9.0	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q4/23	8,291,240	8,420,140	-8.7	4.9	More Statistics DSBB
*** Debt securities	HK$ million	Q4/23	6,042,969	5,731,435	15.9	15.6	More Statistics DSBB
** Financial derivatives	HK$ million	Q4/23	1,065,145	1,417,829	-12.5	-5.0	More Statistics DSBB
** Other investment	HK$ million	Q4/23	12,025,598	11,810,266	4.3	0.9	More Statistics DSBB
** Reserve assets	HK$ million	Q4/23	3,322,963	3,255,761	0.4	-1.1	More Statistics DSBB
* Liabilities	HK$ million	Q4/23	34,362,319	34,624,463	2.3	4.0	More Statistics DSBB
** Direct investment	HK$ million	Q4/23	18,167,028	18,315,145	5.0	7.3	More Statistics DSBB
** Portfolio investment	HK$ million	Q4/23	3,753,729	3,652,402	-4.5	5.6	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q4/23	3,047,756	2,993,135	-8.7	4.0	More Statistics DSBB
*** Debt securities	HK$ million	Q4/23	705,972	659,267	19.3	13.7	More Statistics DSBB
** Financial derivatives	HK$ million	Q4/23	1,107,617	1,361,041	-9.7	0.9	More Statistics DSBB
** Other investment	HK$ million	Q4/23	11,333,945	11,295,875	1.9	-1.0	More Statistics DSBB
* Net international investment position	HK$ million	Q4/23	13,939,415	13,324,562	0.9	3.1	More Statistics DSBB
External Debt
* Gross external debt	HK$ million	Q4/23	14,362,420	14,402,443	3.4	1.4	More Statistics DSBB
** General government	HK$ million	Q4/23	115,484	111,544	152.7	143.2	More Statistics DSBB
** Monetary authority	HK$ million	Q4/23	31,423	26,509	2.7	-17.3	More Statistics DSBB
** Banks	HK$ million	Q4/23	8,085,283	8,002,882	-1.1	-4.2	More Statistics DSBB
** Other sectors	HK$ million	Q4/23	3,807,727	3,814,207	9.8	7.1	More Statistics DSBB
** Direct investment: intercompany lending	HK$ million	Q4/23	2,322,502	2,447,301	6.8	10.4	More Statistics DSBB
Exchange rate
* Spot rate	HK$ per US$ (Positive sign represent appreciation of HK$)	Mar/24	7.8250	7.8280	0.3	0.3	More Statistics DSBB
* Spot rate (Interbank rate)	HK$ per US$ (Positive sign represent appreciation of HK$)	Mar/24	7.8236	7.8263	0.3	0.3	More Statistics DSBB
* 3-month forward rate (Interbank rate)	HK$ against USD (pip)	Mar/24	-197	-202	-	-	More Statistics DSBB
* 6-month forward rate (Interbank rate)	HK$ against USD (pip)	Mar/24	-363	-352	-	-	More Statistics DSBB
POPULATION
POPULATION	Number, half-yearly	SA2/23	7,503,100	7,536,100	0.4	2.6	More Statistics DSBB
GENDER INDICATOR
Labor force participation rate by gender
* Male	Percentage of land-based non-institutional population (3-month moving average)	Jan/24-Mar/24	62.8	62.9	-	-	More Statistics
* Female	Percentage of land-based non-institutional population (3-month moving average)	Jan/24-Mar/24	52.4	52.3	-	-	More Statistics
* Overall	Percentage of land-based non-institutional population (3-month moving average)	Jan/24-Mar/24	57.0	57.0	-	-	More Statistics

Footnotes:

n.a. not available

n.y.a. not yet available

- not applicable

The first released figures are called "advance estimates". The advance estimates include the real growth of overall GDP and its major expenditure components. When more data become available, the advance estimates will be revised. The revised figures as well as the current price GDP will be released about two weeks later for the first, second and third reference quarters and on the Budget Day for the fourth quarter.

Hong Kong is taking the flexibility options for periodicity and timeliness. The indices are disseminated on a quarterly basis within three months of the end of the reference quarter.

Refer to views on expected changes in volume of business/output, number of persons engaged and prices for the coming quarter as compared with the current quarter.

Includes transactions with the Exchange Fund and resident banks.

These were the Green Bonds (equivalent to HK$192,933 million as at February 29, 2024) issued under the Government Green Bond Programme. They were denominated in US dollars (US$9,950 million with maturity from May 2024 to January 2053), euros (4,580 million euros with maturity from January 2025 to November 2041), Renminbi (RMB31,500 million with maturity from November 2024 to June 2033) and Hong Kong dollars (HK$42,000 million with maturity from May 2025 to October 2026). They do not include the outstanding bonds with nominal value of HK$244,902 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,828 million as at February 29, 2024) issued under the Government Bond Programme (with proceeds credited to the Bond Fund). Of these bonds under the Government Bond Programme (including Silver Bonds with nominal value of HK$124,902 million, which may be redeemed before maturity upon request from bond holders), bonds with nominal value of HK$70,533 million will mature within the period from March 2024 to February 2025 and the rest within the period from March 2025 to May 2042.

Includes guarantees provided under the SME Loan Guarantee Scheme launched in 2001, the Special Loan Guarantee Scheme launched in 2008, the SME Financing Guarantee Scheme launched in 2012 and a commercial loan of the Hong Kong Science and Technology Parks Corporation.

Loan to the Hong Kong SAR government is at present zero.

Includes loans for trade finance and other loans for use in Hong Kong. Since December 2018, figures for loans for use in/outside Hong Kong have been restated to reflect authorized institutions’ reclassification of working capital loans.

Hong Kong is taking the extensive branch banking system flexibility to disseminate data on the external position with a timeliness of more than one month.

10.

A new sign convention has been adopted for the entire series of the financial account since June 2023. From then on, an increase in financial non-reserve assets/reserve assets is indicated by a positive value while a decrease in financial non-reserve assets/reserve assets is indicated by a negative value.

Last revision date : 23 April 2024