Economic & Financial Data for Hong Kong

Date of last update: 26 Jun 2025

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.

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
Date of Latest Data Latest Data Previous Data
REAL SECTOR
National Accounts
* GDP (Real)1 HK$ million, in chained (2023) dollars Q1/25 772,864 804,162 3.1 2.5 More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure1 HK$ million, in chained (2023) dollars Q1/25 500,401 541,720 -1.1 -0.2 More Statistics DSBB
*** Government consumption expenditure1 HK$ million, in chained (2023) dollars Q1/25 109,089 99,080 1.2 2.1 More Statistics DSBB
*** Gross domestic fixed capital formation1 HK$ million, in chained (2023) dollars Q1/25 120,786 131,114 2.8 -0.7 More Statistics DSBB
*** Changes in inventories1 HK$ million, in chained (2023) dollars Q1/25 -8,095 2,819 - - More Statistics DSBB
*** Exports of goods1 HK$ million, in chained (2023) dollars Q1/25 1,212,665 1,237,686 8.4 1.3 More Statistics DSBB
*** Exports of services1 HK$ million, in chained (2023) dollars Q1/25 219,301 210,166 6.6 6.5 More Statistics DSBB
*** Imports of goods1 HK$ million, in chained (2023) dollars Q1/25 1,197,869 1,238,010 7.1 0.4 More Statistics DSBB
*** Imports of services1 HK$ million, in chained (2023) dollars Q1/25 183,414 180,413 5.5 8.3 More Statistics DSBB
** By Economic Activity
*** Agriculture, fishing, mining and quarrying HK$ million, in chained (2023) dollars Q1/25 259 244 -5.0 -4.5 More Statistics DSBB
*** Manufacturing HK$ million, in chained (2023) dollars Q1/25 6,596 7,190 0.7 1.0 More Statistics DSBB
*** Electricity, gas and water supply, and waste management HK$ million, in chained (2023) dollars Q1/25 7,108 7,613 -1.4 3.0 More Statistics DSBB
*** Construction HK$ million, in chained (2023) dollars Q1/25 33,301 30,317 -1.9 -4.7 More Statistics DSBB
*** Services HK$ million, in chained (2023) dollars Q1/25 690,509 744,009 2.6 1.7 More Statistics DSBB
**** Import/export, wholesale and retail trades HK$ million, in chained (2023) dollars Q1/25 125,263 145,310 4.2 -0.2 More Statistics DSBB
**** Accommodation and food services HK$ million, in chained (2023) dollars Q1/25 14,473 16,796 -1.8 2.6 More Statistics DSBB
**** Transportation, storage, postal and courier services HK$ million, in chained (2023) dollars Q1/25 52,639 52,552 2.9 6.8 More Statistics DSBB
****Information and communications HK$ million, in chained (2023) dollars Q1/25 26,231 27,275 1.3 1.5 More Statistics DSBB
**** Financing  and insurance HK$ million, in chained (2023) dollars Q1/25 182,172 196,398 4.4 1.9 More Statistics DSBB
**** Real estate, professional and business services HK$ million, in chained (2023) dollars Q1/25 65,369 66,023 -0.3 1.7 More Statistics DSBB
**** Public administration, social and personal services HK$ million, in chained (2023) dollars Q1/25 149,572 162,690 1.7 3.0 More Statistics DSBB
**** Ownership of premises HK$ million, in chained (2023) dollars Q1/25 74,792 76,965 1.0 0.9 More Statistics DSBB
*** Taxes on products HK$ million, in chained (2023) dollars Q1/25 31,452 26,712 33.3 41.1 More Statistics DSBB
* GDP (Nominal) HK$ million, at current market prices Q1/25 799,709 836,481 4.3 5.3 More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure HK$ million, at current market prices Q1/25 520,757 558,892 0.6 2.1 More Statistics DSBB
*** Government consumption expenditure HK$ million, at current market prices Q1/25 112,232 101,788 3.6 4.5 More Statistics DSBB
*** Gross domestic fixed capital formation HK$ million, at current market prices Q1/25 122,342 134,656 5.1 0.1 More Statistics DSBB
*** Changes in inventories HK$ million, at current market prices Q1/25 -7,551 1,809 - - More Statistics DSBB
*** Exports of goods HK$ million, at current market prices Q1/25 1,287,107 1,312,766 12.2 5.3 More Statistics DSBB
*** Exports of services HK$ million, at current market prices Q1/25 236,863 222,740 8.5 11.2 More Statistics DSBB
*** Imports of goods HK$ million, at current market prices Q1/25 1,290,090 1,307,483 11.8 4.3 More Statistics DSBB
*** Imports of services HK$ million, at current market prices Q1/25 181,951 188,687 4.8 9.8 More Statistics DSBB
Production Index (All Manufacturing Industries)2 Index, 2015=100 Q1/25 98.2 107.0 0.7 1.0 More Statistics DSBB
Forward-looking Indicator
Business Expectations3 - Q2/25 - - - - More Statistics DSBB
Retail Sales Volume Index Index, Oct19-Sep20=100 Apr/25 94.0 98.4 -3.3 -4.7 More Statistics DSBB
Labour Market
* Employment Employed persons (thousand) (3-month moving average) Mar/25-May/25 3,664.7 3,677.1 -0.9 -0.5 More Statistics DSBB
* Unemployment rate (Seasonally adjusted) Percentage of labour force (3-month moving average) Mar/25-May/25 3.5 3.4 - - More Statistics DSBB
* Wages/earnings (Nominal index of payroll per person engaged) Index, Q1/99=100 Q1/25 196.7 184.6 3.2 3.4 More Statistics DSBB
Price Indices
* Composite consumer price index Index, Oct19-Sep20=100 May/25 108.2 108.5 1.9 2.0 More Statistics DSBB
* Producer price index (All manufacturing industries)2 Index, 2015=100 Q1/25 122.2 118.4 4.8 4.1 More Statistics DSBB
FISCAL SECTOR
General Government Operations (Budgetary Accounts [Monthly])
* Revenue HK$ million Apr/25 38,457.9 89,180.8 12.2 -3.3 More Statistics DSBB
* Expenditure HK$ million Apr/25 57,398.0 77,167.6 -7.3 4.1 More Statistics DSBB
* Surplus/deficit (+/-) HK$ million Apr/25 -18,940.1 12,013.2 - - More Statistics DSBB
* Financing HK$ million Apr/25 18,940.1 -12,013.2 - - More Statistics DSBB
** Domestic - Banking sector 4 HK$ million Apr/25 16,723.5 -10,379.7 - - More Statistics DSBB
** Domestic - Non-banking sector HK$ million Apr/25 2,216.6 -1,633.5 - - More Statistics DSBB
** External HK$ million Apr/25 0 0 - - More Statistics DSBB
Government Debt
* Government debt 5 HK$ million Apr/25 306,963.0 299,344.0 59.6 55.5 More Statistics DSBB
* Debt guaranteed by government 6 HK$ million Apr/25 126,268.0 127,472.0 -12.6 -13.1 More Statistics DSBB
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector (Monetary Statistics)
* Monetary aggregates (HK$ M3) HK$ million Apr/25 8,851,746 8,906,242 6.6 7.7 More Statistics DSBB
* Gross domestic credit to the Hong Kong SAR Government 7 HK$ million Apr/25 0 0 - - More Statistics DSBB
* Gross domestic credit to private sector 8 HK$ million Apr/25 7,519,978 7,527,624 0.4 -0.1 More Statistics DSBB
* Net external position (Net external claims) 9 HK$ million Mar/25 6,054,326 5,706,276 42.7 30.9 More Statistics DSBB
Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet)
* Monetary base HK$ million May/25 2,124,920 1,982,751 10.7 3.5 More Statistics DSBB
* Claims on the Hong Kong SAR Government HK$ million May/25 0 0 - - More Statistics DSBB
* Claims on the private sector in Hong Kong HK$ million May/25 325,621 358,043 10.7 17.4 More Statistics DSBB
* Foreign assets HK$ million May/25 3,586,636 3,385,290 3.4 -2.2 More Statistics DSBB
* Foreign liabilities HK$ million May/25 30,980 28,534 38.3 28.2 More Statistics DSBB
Interest Rate
* Base rate Percent per annum May/25 4.75 4.75 - - More Statistics DSBB
* Yield of exchange fund bills - 91-day Percent per annum May/25 0.50 3.41 - - More Statistics DSBB
* Government bond yield - 10-year Percent per annum May/25 3.012 3.180 - - More Statistics DSBB
FINANCIAL SOUNDNESS INDICATORS (FSIs) are posted at https://data.imf.org/regular.aspx?key=63174545
Stock Market (Hang Seng Index) Index, 31 July 1964 = 100 May/25 23,290 22,119 28.8 24.5 More Statistics DSBB
Property (Private domestic price index) 10 Index, 1999 = 100 May/25 286.6 286.5 - - More Statistics
EXTERNAL SECTOR
Balance of Payments
* Imports of goods and services HK$ million Q1/25 1,472,041 1,496,170 10.9 5.0 More Statistics DSBB
* Exports of goods and services HK$ million Q1/25 1,523,970 1,535,506 11.6 6.1 More Statistics DSBB
* Net receipts from primary income HK$ million Q1/25 79,678 62,054 - - More Statistics DSBB
* Net receipts from secondary income HK$ million Q1/25 -6,370 -5,491 - - More Statistics DSBB
* International reserves (Change in reserve assets) 11 HK$ million Q1/25 -85,406 31,436 - - More Statistics DSBB
* Financial transactions (Non-reserve) 11 HK$ million Q1/25 245,784 102,538 - - More Statistics DSBB
International Reserves
* Foreign currency reserve assets US$ billion May/25 431.0 410.2 3.3 -1.5 More Statistics DSBB
* Data template on international reserves/foreign currency liquidity US$ billion Apr/25 410.2 412.5 -1.5 -2.6 More Statistics DSBB
Merchandise Trade
* Total exports of goods (f.o.b.) HK$ billion May/25 434.1 434.5 15.5 14.7 More Statistics DSBB
* Total imports of goods (c.i.f.) HK$ billion May/25 461.4 450.5 18.9 15.8 More Statistics DSBB
International Investment Position
* Assets HK$ million Q1/25 54,485,117 52,514,214 11.1 8.8 More Statistics DSBB
** Direct investment HK$ million Q1/25 19,732,319 19,078,923 7.9 7.8 More Statistics DSBB
** Portfolio investment HK$ million Q1/25 18,276,849 17,082,540 24.4 20.9 More Statistics DSBB
*** Equity and investment fund shares HK$ million Q1/25 10,728,537 10,024,199 27.3 22.9 More Statistics DSBB
*** Debt securities HK$ million Q1/25 7,548,313 7,058,341 20.6 18.1 More Statistics DSBB
** Financial derivatives HK$ million Q1/25 892,290 1,063,245 -13.2 1.7 More Statistics DSBB
** Other investment HK$ million Q1/25 12,374,044 12,015,288 5.5 -0.4 More Statistics DSBB
** Reserve assets HK$ million Q1/25 3,209,615 3,274,217 -3.2 -1.5 More Statistics DSBB
* Liabilities HK$ million Q1/25 37,562,175 36,641,337 7.4 6.1 More Statistics DSBB
** Direct investment HK$ million Q1/25 20,787,971 20,126,584 9.4 9.5 More Statistics DSBB
** Portfolio investment HK$ million Q1/25 4,207,308 4,019,674 16.7 7.0 More Statistics DSBB
*** Equity and investment fund shares HK$ million Q1/25 3,311,832 3,196,572 12.8 5.1 More Statistics DSBB
*** Debt securities HK$ million Q1/25 895,476 823,102 34.0 15.4 More Statistics DSBB
** Financial derivatives HK$ million Q1/25 941,671 1,076,782 -4.2 -1.7 More Statistics DSBB
** Other investment HK$ million Q1/25 11,625,225 11,418,296 2.0 1.0 More Statistics DSBB
* Net international investment position HK$ million Q1/25 16,922,942 15,872,877 20.4 15.5 More Statistics DSBB
External Debt
* Gross external debt HK$ million Q1/25 14,948,772 14,830,021 3.7 2.8 More Statistics DSBB
** General government HK$ million Q1/25 124,517 117,265 7.9 1.7 More Statistics DSBB
** Monetary authority HK$ million Q1/25 39,107 30,641 36.1 -2.4 More Statistics DSBB
** Banks HK$ million Q1/25 7,974,023 7,884,828 -1.1 -2.2 More Statistics DSBB
** Other sectors HK$ million Q1/25 4,383,053 4,208,664 13.7 10.6 More Statistics DSBB
** Direct investment: intercompany lending HK$ million Q1/25 2,428,071 2,588,623 3.4 7.5 More Statistics DSBB
Exchange rate
* Spot rate HK$ per US$ (Positive sign represent appreciation of HK$) May/25 7.8440 7.7570 -0.3 0.9 More Statistics DSBB
* Spot rate (Interbank rate) HK$ per US$ (Positive sign represent appreciation of HK$) May/25 7.8421 7.7558 -0.3 0.9 More Statistics DSBB
* 3-month forward rate (Interbank rate) HK$ against USD (pip) May/25 -616 -110 - - More Statistics DSBB
* 6-month forward rate (Interbank rate) HK$ against USD (pip) May/25 -920 -207 - - More Statistics DSBB
POPULATION
POPULATION Number, half-yearly SA2/24 7,534,200 7,524,100 0.1 -0.2 More Statistics DSBB
GENDER INDICATOR
Labor force participation rate by gender
* Male Percentage of land-based non-institutional population (3-month moving average) Mar/25-May/25 62.0 62.1 - - More Statistics
* Female Percentage of land-based non-institutional population (3-month moving average) Mar/25-May/25 52.5 52.5 - - More Statistics
* Overall Percentage of land-based non-institutional population (3-month moving average) Mar/25-May/25 56.7 56.8 - - More Statistics

Footnotes:

n.a. not available

n.y.a. not yet available

- not applicable

1.

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.

2.

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.

3.

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.

4.

Includes transactions with the Exchange Fund and resident banks.

5.

The Government Debts, with proceeds credited to the Capital Works Reserve Fund, comprise:

(i) the Green Bonds (equivalent to HK$195,978 million as at April 30, 2025) issued under the Government Sustainable Bond Programme. They were denominated in US dollars (US$9,950 million with maturity from January 2026 to January 2053), euros (4,580 million euros with maturity from February 2026 to November 2041), Renminbi (RMB34,000 million with maturity from June 2025 to July 2054) and Hong Kong dollars (HK$42,000 million with maturity from May 2025 to October 2026);

(ii) the Infrastructure Bonds (equivalent to HK$56,244 million as at April 30, 2025) issued under the Infrastructure Bond Programme. They were denominated in Renminbi (RMB15,000 million with maturity from December 2025 to November 2034) and Hong Kong dollars (HK$40,230 million with maturity from November 2025 to March 2045); and

(iii) the Silver Bonds with nominal value of HK$54,741 million (with maturity in October 2027 and may be redeemed before maturity upon request from bond holders) issued under the Infrastructure Bond Programme.

They do not include the outstanding bonds with nominal value of HK$169,712 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,759 million as at April 30, 2025) 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$96,212 million, which may be redeemed before maturity upon request from bond holders), bonds with nominal value of HK$1,500 million were repaid upon maturity on May 16, 2025; bonds with nominal value of HK$67,021 million will mature within the period from June 2025 to April 2026 and the rest within the period from May 2026 to May 2042.

6.

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 the Loan Guarantee Scheme for Cross-boundary Passenger Transport Trade, the Loan Guarantee Scheme for Battery Electric Taxis and the Loan Guarantee Scheme for Travel Sector launched in 2023.

7.

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

8.

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.

9.

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.

The indices are for general reference only. The indices for the recent few months are provisional, pending the availability of further data for analysis. Whilst the Government endeavours to ensure the accuracy of the indices, the Government does not accept responsibility for any errors or omissions in the indices, or for any loss, damage, action or inaction, whether directly or indirectly, arising from the use of, or for advice based on, any information therein. Users of these indices are responsible for their own assessments of all information in connection with the said indices and are advised to verify these indices by making reference to their original publication and obtain independent advice before acting on them.

11.

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 : 26 June 2025