Economic & Financial Data for Hong Kong

Date of last update: 26 Sep 2023

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	Q2/23	682,807	698,871	1.5	2.9	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure¹	HK$ million, in chained (2021) dollars	Q2/23	503,854	474,885	8.2	13.0	More Statistics DSBB
*** Government consumption expenditure¹	HK$ million, in chained (2021) dollars	Q2/23	87,799	104,347	-9.6	1.3	More Statistics DSBB
*** Gross domestic fixed capital formation¹	HK$ million, in chained (2021) dollars	Q2/23	119,715	115,899	-0.9	7.9	More Statistics DSBB
*** Changes in inventories¹	HK$ million, in chained (2021) dollars	Q2/23	-17,328	-11,885	-	-	More Statistics DSBB
*** Exports of goods¹	HK$ million, in chained (2021) dollars	Q2/23	962,259	938,847	-15.2	-18.9	More Statistics DSBB
*** Exports of services¹	HK$ million, in chained (2021) dollars	Q2/23	173,887	182,161	22.9	16.6	More Statistics DSBB
*** Imports of goods¹	HK$ million, in chained (2021) dollars	Q2/23	1,006,646	965,503	-15.9	-14.6	More Statistics DSBB
*** Imports of services¹	HK$ million, in chained (2021) dollars	Q2/23	140,733	139,880	29.0	20.7	More Statistics DSBB
** By Economic Activity
*** Agriculture, fishing, mining and quarrying	HK$ million, in chained (2021) dollars	Q2/23	562	504	4.3	-0.8	More Statistics DSBB
*** Manufacturing	HK$ million, in chained (2021) dollars	Q2/23	6,991	6,206	2.6	3.8	More Statistics DSBB
*** Electricity, gas and water supply, and waste management	HK$ million, in chained (2021) dollars	Q2/23	9,422	7,928	3.1	0.9	More Statistics DSBB
*** Construction	HK$ million, in chained (2021) dollars	Q2/23	30,169	30,234	5.2	-1.7	More Statistics DSBB
*** Services	HK$ million, in chained (2021) dollars	Q2/23	612,285	622,124	1.8	3.1	More Statistics DSBB
**** Import/export, wholesale and retail trades	HK$ million, in chained (2021) dollars	Q2/23	101,507	108,453	-4.0	-7.4	More Statistics DSBB
**** Accommodation and food services	HK$ million, in chained (2021) dollars	Q2/23	13,066	12,538	22.9	83.8	More Statistics DSBB
**** Transportation, storage, postal and courier services	HK$ million, in chained (2021) dollars	Q2/23	53,013	61,077	27.2	30.6	More Statistics DSBB
****Information and communications	HK$ million, in chained (2021) dollars	Q2/23	22,752	25,313	-0.8	0.6	More Statistics DSBB
**** Financing and insurance	HK$ million, in chained (2021) dollars	Q2/23	143,987	136,537	-1.5	-2.9	More Statistics DSBB
**** Real estate, professional and business services	HK$ million, in chained (2021) dollars	Q2/23	57,469	64,630	-1.2	5.2	More Statistics DSBB
**** Public administration, social and personal services	HK$ million, in chained (2021) dollars	Q2/23	147,061	138,677	2.7	5.8	More Statistics DSBB
**** Ownership of premises	HK$ million, in chained (2021) dollars	Q2/23	73,431	74,902	1.1	1.0	More Statistics DSBB
*** Taxes on products	HK$ million, in chained (2021) dollars	Q2/23	25,495	31,532	-11.2	4.6	More Statistics DSBB
* GDP (Nominal)	HK$ million, at current market prices	Q2/23	707,098	719,629	4.4	5.1	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure	HK$ million, at current market prices	Q2/23	539,216	501,669	13.2	18.0	More Statistics DSBB
*** Government consumption expenditure	HK$ million, at current market prices	Q2/23	93,333	108,517	-6.7	4.2	More Statistics DSBB
*** Gross domestic fixed capital formation	HK$ million, at current market prices	Q2/23	121,105	113,520	-1.5	6.5	More Statistics DSBB
*** Changes in inventories	HK$ million, at current market prices	Q2/23	-17,975	-10,993	-	-	More Statistics DSBB
*** Exports of goods	HK$ million, at current market prices	Q2/23	1,066,908	1,024,756	-12.0	-15.9	More Statistics DSBB
*** Exports of services	HK$ million, at current market prices	Q2/23	182,752	189,635	18.8	12.8	More Statistics DSBB
*** Imports of goods	HK$ million, at current market prices	Q2/23	1,131,694	1,063,834	-12.3	-11.5	More Statistics DSBB
*** Imports of services	HK$ million, at current market prices	Q2/23	146,547	143,641	26.1	21.0	More Statistics DSBB
Production Index (All Manufacturing Industries)²	Index, 2015=100	Q2/23	107.9	95.8	2.6	3.8	More Statistics DSBB
Forward-looking Indicator
Business Expectations³	-	Q3/23	-	-	-	-	More Statistics DSBB
Retail Sales Volume Index	Index, Oct19-Sep20=100	Jul/23	110.5	110.6	14.0	17.4	More Statistics DSBB
Labour Market
* Employment	Employed persons (thousand) (3-month moving average)	Jun/23-Aug/23	3,714.5	3,708.0	2.4	3.0	More Statistics DSBB
* Unemployment rate (Seasonally adjusted)	Percentage of labour force (3-month moving average)	Jun/23-Aug/23	2.8	2.8	-	-	More Statistics DSBB
* Wages/earnings (Nominal index of payroll per person engaged)	Index, Q1/99=100	Q2/23	169.6	183.8	3.2	3.0	More Statistics DSBB
Price Indices
* Composite consumer price index	Index, Oct19-Sep20=100	Aug/23	105.2	105.2	1.8	1.8	More Statistics DSBB
* Producer price index (All manufacturing industries)²	Index, 2015=100	Q2/23	115.6	115.2	-0.2	0.9	More Statistics DSBB
FISCAL SECTOR
General Government Operations (Budgetary Accounts [Monthly])
* Revenue	HK$ million	Jul/23	25,512.2	21,967.1	-12.3	23.6	More Statistics DSBB
* Expenditure	HK$ million	Jul/23	67,339.8	5,350.3	24.2	-91.3	More Statistics DSBB
* Surplus/deficit (+/-)	HK$ million	Jul/23	-41,827.6	16,616.8	-	-	More Statistics DSBB
* Financing	HK$ million	Jul/23	41,827.6	-16,616.8	-	-	More Statistics DSBB
** Domestic - Banking sector ⁴	HK$ million	Jul/23	42,072.8	-16,057.6	-	-	More Statistics DSBB
** Domestic - Non-banking sector	HK$ million	Jul/23	-245.2	-559.2	-	-	More Statistics DSBB
** External	HK$ million	Jul/23	0	0	-	-	More Statistics DSBB
Government Debt
* Government debt ⁵	HK$ million	Jul/23	168,220.0	167,907.0	123.8	122.4	More Statistics DSBB
* Debt guaranteed by government ⁶	HK$ million	Jul/23	147,005.0	146,804.0	15.3	18.0	More Statistics DSBB
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector (Monetary Statistics)
* Monetary aggregates (HK$ M3)	HK$ million	Jul/23	8,212,820	8,230,408	0.3	-0.1	More Statistics DSBB
* Gross domestic credit to the Hong Kong SAR Government ⁷	HK$ million	Jul/23	0	0	-	-	More Statistics DSBB
* Gross domestic credit to private sector ⁸	HK$ million	Jul/23	7,699,031	7,786,782	-1.7	-1.1	More Statistics DSBB
* Net external position (Net external claims) ⁹	HK$ million	Jun/23	3,597,955	3,613,201	22.0	29.0	More Statistics DSBB
Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet)
* Monetary base	HK$ million	Aug/23	1,876,560	1,869,655	-2.8	-5.4	More Statistics DSBB
* Claims on the Hong Kong SAR Government	HK$ million	Aug/23	0	0	-	-	More Statistics DSBB
* Claims on the private sector in Hong Kong	HK$ million	Aug/23	273,144	287,024	-1.7	-3.2	More Statistics DSBB
* Foreign assets	HK$ million	Aug/23	3,483,426	3,489,826	-2.6	-4.5	More Statistics DSBB
* Foreign liabilities	HK$ million	Aug/23	22,101	22,361	-5.4	-6.1	More Statistics DSBB
Interest Rate
* Base rate	Percent per annum	Aug/23	5.75	5.75	-	-	More Statistics DSBB
* Yield of exchange fund bills - 91-day	Percent per annum	Aug/23	3.58	4.55	-	-	More Statistics DSBB
* Government bond yield - 10-year	Percent per annum	Aug/23	3.815	3.814	-	-	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	Aug/23	18,382	20,079	-7.9	-0.4	More Statistics DSBB
EXTERNAL SECTOR
Balance of Payments
* Imports of goods and services	HK$ million	Q2/23	1,278,241	1,207,475	-9.1	-8.6	More Statistics DSBB
* Exports of goods and services	HK$ million	Q2/23	1,249,660	1,214,391	-8.5	-12.5	More Statistics DSBB
* Net receipts from primary income	HK$ million	Q2/23	79,833	39,420	-	-	More Statistics DSBB
* Net receipts from secondary income	HK$ million	Q2/23	-3,746	-3,717	-	-	More Statistics DSBB
* International reserves (Change in reserve assets) ¹⁰	HK$ million	Q2/23	-90,508	3,638	-	-	More Statistics DSBB
* Financial transactions (Non-reserve) ¹⁰	HK$ million	Q2/23	169,793	4,627	-	-	More Statistics DSBB
International Reserves
* Foreign currency reserve assets	US$ billion	Aug/23	418.4	421.6	-3.1	-4.6	More Statistics DSBB
* Data template on international reserves/foreign currency liquidity	US$ billion	Jul/23	421.6	417.3	-4.6	-6.7	More Statistics DSBB
Merchandise Trade
* Total exports of goods (f.o.b.)	HK$ billion	Aug/23	358.3	345.2	-3.7	-9.1	More Statistics DSBB
* Total imports of goods (c.i.f.)	HK$ billion	Aug/23	383.9	375.1	-0.3	-7.9	More Statistics DSBB
International Investment Position
* Assets	HK$ million	Q2/23	47,895,323	48,263,549	-1.6	-2.5	More Statistics DSBB
** Direct investment	HK$ million	Q2/23	17,330,474	17,725,107	0.4	0.2	More Statistics DSBB
** Portfolio investment	HK$ million	Q2/23	14,561,694	14,632,869	-3.0	-5.6	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q2/23	8,867,271	9,171,147	-9.9	-9.1	More Statistics DSBB
*** Debt securities	HK$ million	Q2/23	5,694,422	5,461,721	10.0	1.1	More Statistics DSBB
** Financial derivatives	HK$ million	Q2/23	1,322,655	1,032,620	13.4	11.1	More Statistics DSBB
** Other investment	HK$ million	Q2/23	11,410,420	11,491,549	-2.6	-1.0	More Statistics DSBB
** Reserve assets	HK$ million	Q2/23	3,270,081	3,381,405	-6.8	-10.3	More Statistics DSBB
* Liabilities	HK$ million	Q2/23	34,236,225	34,272,017	1.1	1.1	More Statistics DSBB
** Direct investment	HK$ million	Q2/23	18,062,181	18,017,479	5.3	4.5	More Statistics DSBB
** Portfolio investment	HK$ million	Q2/23	3,848,601	4,053,032	-3.5	-1.0	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q2/23	3,239,360	3,459,449	-7.2	-1.9	More Statistics DSBB
*** Debt securities	HK$ million	Q2/23	609,241	593,583	22.0	4.7	More Statistics DSBB
** Financial derivatives	HK$ million	Q2/23	1,232,034	1,036,264	15.1	24.0	More Statistics DSBB
** Other investment	HK$ million	Q2/23	11,093,409	11,165,241	-4.7	-4.8	More Statistics DSBB
* Net international investment position	HK$ million	Q2/23	13,659,098	13,991,532	-7.7	-10.3	More Statistics DSBB
External Debt
* Gross external debt	HK$ million	Q2/23	14,043,599	14,044,220	-2.6	-3.5	More Statistics DSBB
** General government	HK$ million	Q2/23	126,947	94,781	108.1	47.4	More Statistics DSBB
** Monetary authority	HK$ million	Q2/23	23,157	24,286	1579.3	1564.6	More Statistics DSBB
** Banks	HK$ million	Q2/23	7,857,040	8,029,464	-8.2	-8.5	More Statistics DSBB
** Other sectors	HK$ million	Q2/23	3,695,506	3,610,293	4.8	4.7	More Statistics DSBB
** Direct investment: intercompany lending	HK$ million	Q2/23	2,340,949	2,285,396	2.8	1.2	More Statistics DSBB
Exchange rate
* Spot rate	HK$ per US$ (Positive sign represent appreciation of HK$)	Aug/23	7.8470	7.8020	0.0	0.6	More Statistics DSBB
* Spot rate (Interbank rate)	HK$ per US$ (Positive sign represent appreciation of HK$)	Aug/23	7.8438	7.8014	0.0	0.6	More Statistics DSBB
* 3-month forward rate (Interbank rate)	HK$ against USD (pip)	Aug/23	-282	-72	-	-	More Statistics DSBB
* 6-month forward rate (Interbank rate)	HK$ against USD (pip)	Aug/23	-429	-169	-	-	More Statistics DSBB
POPULATION
POPULATION	Number, half-yearly	SA1/23	7,498,100	7,472,600	2.1	1.0	More Statistics DSBB

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$168,220 million as at July 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$20,800 million with maturity from February 2024 to May 2025). They do not include the outstanding bonds with nominal value of HK$214,620 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,797 million as at July 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$86,620 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 August 18, 2023; bonds with nominal value of HK$65,499 million will mature within the period from September 2023 to July 2024 and the rest within the period from August 2024 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 : 26 September 2023