Economic & Financial Data for Hong Kong

Date of last update: 28 Feb 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.

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 (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 Q3/23 427 496 -3.6 4.4 More Statistics DSBB
*** Manufacturing HK$ million, in chained (2021) dollars Q3/23 7,137 6,996 4.3 2.7 More Statistics DSBB
*** Electricity, gas and water supply, and waste management HK$ million, in chained (2021) dollars Q3/23 10,781 9,564 0.4 3.2 More Statistics DSBB
*** Construction HK$ million, in chained (2021) dollars Q3/23 30,541 31,710 13.6 6.2 More Statistics DSBB
*** Services HK$ million, in chained (2021) dollars Q3/23 652,799 612,917 4.1 1.8 More Statistics DSBB
**** Import/export, wholesale and retail trades HK$ million, in chained (2021) dollars Q3/23 123,817 101,926 1.8 -3.7 More Statistics DSBB
**** Accommodation and food services HK$ million, in chained (2021) dollars Q3/23 13,516 13,509 18.2 23.1 More Statistics DSBB
**** Transportation, storage, postal and courier services HK$ million, in chained (2021) dollars Q3/23 65,299 53,249 31.3 27.3 More Statistics DSBB
****Information and communications HK$ million, in chained (2021) dollars Q3/23 26,294 22,748 1.7 -0.5 More Statistics DSBB
**** Financing  and insurance HK$ million, in chained (2021) dollars Q3/23 133,608 142,132 -1.1 -2.3 More Statistics DSBB
**** Real estate, professional and business services HK$ million, in chained (2021) dollars Q3/23 62,043 58,285 3.4 -0.5 More Statistics DSBB
**** Public administration, social and personal services HK$ million, in chained (2021) dollars Q3/23 151,689 147,622 2.9 2.5 More Statistics DSBB
**** Ownership of premises HK$ million, in chained (2021) dollars Q3/23 76,531 73,445 0.8 1.2 More Statistics DSBB
*** Taxes on products HK$ million, in chained (2021) dollars Q3/23 24,130 25,916 -9.7 -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 Q3/23 110.2 108.0 4.4 2.7 More Statistics DSBB
Forward-looking Indicator
Business Expectations3 - Q1/24 - - - - More Statistics DSBB
Retail Sales Volume Index Index, Oct19-Sep20=100 Dec/23 121.4 114.0 4.8 12.4 More Statistics DSBB
Labour Market
* Employment Employed persons (thousand) (3-month moving average) Nov/23-Jan/24 3,697.0 3,706.8 1.0 -0.4 More Statistics DSBB
* Unemployment rate (Seasonally adjusted) Percentage of labour force (3-month moving average) Nov/23-Jan/24 2.9 2.9 - - More Statistics DSBB
* Wages/earnings (Nominal index of payroll per person engaged) Index, Q1/99=100 Q3/23 171.4 169.6 3.5 3.2 More Statistics DSBB
Price Indices
* Composite consumer price index Index, Oct19-Sep20=100 Jan/24 106.6 106.7 1.7 2.4 More Statistics DSBB
* Producer price index (All manufacturing industries)2 Index, 2015=100 Q3/23 114.8 115.6 3.0 -0.2 More Statistics DSBB
FISCAL SECTOR
General Government Operations (Budgetary Accounts [Monthly])
* Revenue HK$ million Dec/23 78,897.5 67,205.7 -48.5 3.3 More Statistics DSBB
* Expenditure HK$ million Dec/23 57,138.2 58,402.5 -13.6 -2.1 More Statistics DSBB
* Surplus/deficit (+/-) HK$ million Dec/23 21,759.3 8,803.2 - - More Statistics DSBB
* Financing HK$ million Dec/23 -21,759.3 -8,803.2 - - More Statistics DSBB
** Domestic - Banking sector 4 HK$ million Dec/23 -21,283.9 -8,129.3 - - More Statistics DSBB
** Domestic - Non-banking sector HK$ million Dec/23 -475.4 -673.9 - - More Statistics DSBB
** External HK$ million Dec/23 0 0 - - More Statistics DSBB
Government Debt
* Government debt 5 HK$ million Dec/23 188,615.0 188,208.0 150.1 151.8 More Statistics DSBB
* Debt guaranteed by government 6 HK$ million Dec/23 146,993.0 147,586.0 5.3 7.0 More Statistics DSBB
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector (Monetary Statistics)
* Monetary aggregates (HK$ M3) HK$ million Dec/23 8,262,831 8,232,849 1.9 2.6 More Statistics DSBB
* Gross domestic credit to the Hong Kong SAR Government 7 HK$ million Dec/23 0 0 - - More Statistics DSBB
* Gross domestic credit to private sector 8 HK$ million Dec/23 7,627,951 7,607,549 -1.1 -1.7 More Statistics DSBB
* Net external position (Net external claims) 9 HK$ million Nov/23 4,138,946 3,945,922 23.1 20.8 More Statistics DSBB
Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet)
* Monetary base HK$ million Jan/24 1,910,649 1,896,280 -0.9 -1.0 More Statistics DSBB
* Claims on the Hong Kong SAR Government HK$ million Jan/24 0 0 - - More Statistics DSBB
* Claims on the private sector in Hong Kong HK$ million Jan/24 306,144 287,486 0.9 1.1 More Statistics DSBB
* Foreign assets HK$ million Jan/24 3,511,852 3,528,158 -2.9 0.7 More Statistics DSBB
* Foreign liabilities HK$ million Jan/24 22,292 22,702 -6.1 -2.1 More Statistics DSBB
Interest Rate
* Base rate Percent per annum Jan/24 5.75 5.75 - - More Statistics DSBB
* Yield of exchange fund bills - 91-day Percent per annum Jan/24 4.02 4.47 - - More Statistics DSBB
* Government bond yield - 10-year Percent per annum Jan/24 3.516 3.233 - - 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 Jan/24 15,485 17,047 -29.1 -13.8 More Statistics DSBB
EXTERNAL SECTOR
Balance of Payments
* Imports of goods and services HK$ million Q3/23 1,341,121 1,273,347 0.6 -9.4 More Statistics DSBB
* Exports of goods and services HK$ million Q3/23 1,360,380 1,248,905 -2.2 -8.6 More Statistics DSBB
* Net receipts from primary income HK$ million Q3/23 93,434 79,833 - - More Statistics DSBB
* Net receipts from secondary income HK$ million Q3/23 -4,196 -3,746 - - More Statistics DSBB
* International reserves (Change in reserve assets) 10 HK$ million Q3/23 16,099 -90,508 - - More Statistics DSBB
* Financial transactions (Non-reserve) 10 HK$ million Q3/23 127,401 171,175 - - More Statistics DSBB
International Reserves
* Foreign currency reserve assets US$ billion Jan/24 423.2 425.6 -3.1 0.4 More Statistics DSBB
* Data template on international reserves/foreign currency liquidity US$ billion Dec/23 425.6 424.6 0.4 0.3 More Statistics DSBB
Merchandise Trade
* Total exports of goods (f.o.b.) HK$ billion Jan/24 388.7 386.4 33.6 11.0 More Statistics DSBB
* Total imports of goods (c.i.f.) HK$ billion Jan/24 385.1 446.3 21.7 11.6 More Statistics DSBB
International Investment Position
* Assets HK$ million Q3/23 47,949,024 47,895,323 3.8 -2.0 More Statistics DSBB
** Direct investment HK$ million Q3/23 17,313,594 17,330,474 3.4 -0.9 More Statistics DSBB
** Portfolio investment HK$ million Q3/23 14,151,575 14,561,694 9.0 -2.5 More Statistics DSBB
*** Equity and investment fund shares HK$ million Q3/23 8,420,140 8,867,271 4.9 -9.5 More Statistics DSBB
*** Debt securities HK$ million Q3/23 5,731,435 5,694,422 15.6 10.8 More Statistics DSBB
** Financial derivatives HK$ million Q3/23 1,417,829 1,322,655 -5.0 10.3 More Statistics DSBB
** Other investment HK$ million Q3/23 11,810,266 11,410,420 0.9 -2.7 More Statistics DSBB
** Reserve assets HK$ million Q3/23 3,255,761 3,270,081 -1.1 -6.8 More Statistics DSBB
* Liabilities HK$ million Q3/23 34,624,463 34,234,644 4.0 0.0 More Statistics DSBB
** Direct investment HK$ million Q3/23 18,315,145 18,062,181 7.3 3.3 More Statistics DSBB
** Portfolio investment HK$ million Q3/23 3,652,402 3,847,019 5.6 -4.6 More Statistics DSBB
*** Equity and investment fund shares HK$ million Q3/23 2,993,135 3,239,360 4.0 -6.7 More Statistics DSBB
*** Debt securities HK$ million Q3/23 659,267 607,660 13.7 7.8 More Statistics DSBB
** Financial derivatives HK$ million Q3/23 1,361,041 1,232,034 0.9 15.9 More Statistics DSBB
** Other investment HK$ million Q3/23 11,295,875 11,093,409 -1.0 -4.8 More Statistics DSBB
* Net international investment position HK$ million Q3/23 13,324,562 13,660,679 3.1 -6.6 More Statistics DSBB
External Debt
* Gross external debt HK$ million Q3/23 14,402,443 14,042,017 1.4 -2.6 More Statistics DSBB
** General government HK$ million Q3/23 111,544 115,324 143.2 141.8 More Statistics DSBB
** Monetary authority HK$ million Q3/23 26,509 26,544 -17.3 467.8 More Statistics DSBB
** Banks HK$ million Q3/23 8,002,882 7,857,040 -4.2 -8.1 More Statistics DSBB
** Other sectors HK$ million Q3/23 3,814,207 3,702,161 7.1 2.5 More Statistics DSBB
** Direct investment: intercompany lending HK$ million Q3/23 2,447,301 2,340,949 10.4 6.3 More Statistics DSBB
Exchange rate
* Spot rate HK$ per US$ (Positive sign represent appreciation of HK$) Jan/24 7.8190 7.8110 0.3 0.0 More Statistics DSBB
* Spot rate (Interbank rate) HK$ per US$ (Positive sign represent appreciation of HK$) Jan/24 7.8182 7.8124 0.3 -0.2 More Statistics DSBB
* 3-month forward rate (Interbank rate) HK$ against USD (pip) Jan/24 -186 -166 - - More Statistics DSBB
* 6-month forward rate (Interbank rate) HK$ against USD (pip) Jan/24 -319 -319 - - More Statistics DSBB
POPULATION
POPULATION Number, half-yearly SA2/23 7,503,100 7,536,100 0.4 2.6 More Statistics DSBB

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.

These were the Green Bonds (equivalent to HK$188,615 million as at December 31, 2023) issued under the Government Green Bond Programme. They were denominated in US dollars (US$9,750 million with maturity from May 2024 to January 2053), euros (4,500 million euros with maturity from January 2025 to November 2041), Renminbi (RMB30,000 million with maturity from November 2024 to June 2033) and Hong Kong dollars (HK$40,800 million with maturity from February 2024 to October 2026). They do not include the outstanding bonds with nominal value of HK$243,752 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,809 million as at December 31, 2023) 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$125,252 million, which may be redeemed before maturity upon request from bond holders), bonds with nominal value of HK$70,668 million will mature within the period from January 2024 to December 2024 and the rest within the period from January 2025 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 a commercial loan of the Hong Kong Science and Technology Parks Corporation.

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.

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 : 28 February 2024