Economic & Financial Data for Hong Kong

Date of last update: 28 Mar 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.

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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 (2020) dollars	Q4/22	715,203	689,910	-4.2	-4.6	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure¹	HK$ million, in chained (2020) dollars	Q4/22	504,258	457,398	1.9	-0.4	More Statistics DSBB
*** Government consumption expenditure¹	HK$ million, in chained (2020) dollars	Q4/22	96,383	95,479	9.1	5.3	More Statistics DSBB
*** Gross domestic fixed capital formation¹	HK$ million, in chained (2020) dollars	Q4/22	110,454	109,043	-10.9	-14.4	More Statistics DSBB
*** Changes in inventories¹	HK$ million, in chained (2020) dollars	Q4/22	-18,066	-6,794	-	-	More Statistics DSBB
*** Exports of goods¹	HK$ million, in chained (2020) dollars	Q4/22	1,017,081	1,091,341	-24.9	-15.8	More Statistics DSBB
*** Exports of services¹	HK$ million, in chained (2020) dollars	Q4/22	136,852	134,226	2.0	-4.2	More Statistics DSBB
*** Imports of goods¹	HK$ million, in chained (2020) dollars	Q4/22	1,013,219	1,082,439	-22.9	-16.4	More Statistics DSBB
*** Imports of services¹	HK$ million, in chained (2020) dollars	Q4/22	118,540	108,344	3.3	-3.2	More Statistics DSBB
** By Economic Activity
*** Agriculture, fishing, mining and quarrying	HK$ million, in chained (2020) dollars	Q4/22	587	605	-0.2	-3.8	More Statistics DSBB
*** Manufacturing	HK$ million, in chained (2020) dollars	Q4/22	6,786	7,035	-0.1	-0.5	More Statistics DSBB
*** Electricity, gas and water supply, and waste management	HK$ million, in chained (2020) dollars	Q4/22	8,006	10,654	-1.4	-1.0	More Statistics DSBB
*** Construction	HK$ million, in chained (2020) dollars	Q4/22	27,127	25,192	4.6	1.7	More Statistics DSBB
*** Services	HK$ million, in chained (2020) dollars	Q4/22	648,469	621,024	-4.2	-3.3	More Statistics DSBB
**** Import/export, wholesale and retail trades	HK$ million, in chained (2020) dollars	Q4/22	124,953	121,476	-19.5	-12.5	More Statistics DSBB
**** Accommodation and food services	HK$ million, in chained (2020) dollars	Q4/22	12,179	10,877	-5.7	-7.1	More Statistics DSBB
**** Transportation, storage, postal and courier services	HK$ million, in chained (2020) dollars	Q4/22	33,090	30,140	2.0	-5.7	More Statistics DSBB
****Information and communications	HK$ million, in chained (2020) dollars	Q4/22	25,480	25,056	1.0	0.3	More Statistics DSBB
**** Financing and insurance	HK$ million, in chained (2020) dollars	Q4/22	167,245	151,341	0.2	-1.9	More Statistics DSBB
**** Real estate, professional and business services	HK$ million, in chained (2020) dollars	Q4/22	63,963	59,638	-2.4	-2.1	More Statistics DSBB
**** Public administration, social and personal services	HK$ million, in chained (2020) dollars	Q4/22	142,345	144,258	1.9	1.7	More Statistics DSBB
**** Ownership of premises	HK$ million, in chained (2020) dollars	Q4/22	79,215	78,237	0.9	0.9	More Statistics DSBB
*** Taxes on products	HK$ million, in chained (2020) dollars	Q4/22	27,251	23,878	-3.8	-27.5	More Statistics DSBB
* GDP (Nominal)	HK$ million, at current market prices	Q4/22	738,941	724,412	-1.9	-0.8	More Statistics DSBB
** By Expenditure Component
*** Private consumption expenditure	HK$ million, at current market prices	Q4/22	514,282	466,510	4.9	2.4	More Statistics DSBB
*** Government consumption expenditure	HK$ million, at current market prices	Q4/22	101,182	98,963	12.0	8.8	More Statistics DSBB
*** Gross domestic fixed capital formation	HK$ million, at current market prices	Q4/22	113,877	108,499	-10.1	-12.0	More Statistics DSBB
*** Changes in inventories	HK$ million, at current market prices	Q4/22	-22,560	-7,620	-	-	More Statistics DSBB
*** Exports of goods	HK$ million, at current market prices	Q4/22	1,153,962	1,228,546	-21.4	-9.9	More Statistics DSBB
*** Exports of services	HK$ million, at current market prices	Q4/22	169,376	163,085	3.2	0.4	More Statistics DSBB
*** Imports of goods	HK$ million, at current market prices	Q4/22	1,153,108	1,213,254	-19.1	-10.7	More Statistics DSBB
*** Imports of services	HK$ million, at current market prices	Q4/22	138,070	120,317	1.8	-2.0	More Statistics DSBB
Production Index (All Manufacturing Industries)²	Index, 2015=100	Q4/22	101.8	105.6	-0.1	-0.5	More Statistics DSBB
Forward-looking Indicator
Business Expectations³	-	Q1/23	-	-	-	-	More Statistics DSBB
Retail Sales Volume Index	Index, Oct19-Sep20=100	Jan/23	124.4	115.8	5.1	-0.6	More Statistics DSBB
Labour Market
* Employment	Employed persons (thousand) (3-month moving average)	Dec/22-Feb/23	3,650.2	3,662.2	-0.4	-1.0	More Statistics DSBB
* Unemployment rate (Seasonally adjusted)	Percentage of labour force (3-month moving average)	Dec/22-Feb/23	3.3	3.4	-	-	More Statistics DSBB
* Wages/earnings (Nominal index of payroll per person engaged)	Index, Q1/99=100	Q4/22	172.4	165.7	2.3	2.0	More Statistics DSBB
Price Indices
* Composite consumer price index	Index, Oct19-Sep20=100	Feb/23	104.9	104.8	1.7	2.4	More Statistics DSBB
* Producer price index (All manufacturing industries)²	Index, 2015=100	Q4/22	110.7	111.5	-0.4	0.4	More Statistics DSBB
FISCAL SECTOR
General Government Operations (Budgetary Accounts [Monthly])
* Revenue	HK$ million	Jan/23	111,130.9	153,220.2	3.4	-13.3	More Statistics DSBB
* Expenditure	HK$ million	Jan/23	4,907.0	66,151.2	-91.8	8.8	More Statistics DSBB
* Surplus/deficit (+/-)	HK$ million	Jan/23	106,223.9	87,069.0	-	-	More Statistics DSBB
* Financing	HK$ million	Jan/23	-106,223.9	-87,069.0	-	-	More Statistics DSBB
** Domestic - Banking sector ⁴	HK$ million	Jan/23	-104,868.9	-87,468.0	-	-	More Statistics DSBB
** Domestic - Non-banking sector	HK$ million	Jan/23	-1,355.0	399.0	-	-	More Statistics DSBB
** External	HK$ million	Jan/23	0	0	-	-	More Statistics DSBB
Government Debt
* Government debt ⁵	HK$ million	Jan/23	121,689.0	75,410.0	115.8	33.1	More Statistics DSBB
* Debt guaranteed by government ⁶	HK$ million	Jan/23	140,612.0	139,589.0	18.6	20.1	More Statistics DSBB
FINANCIAL SECTOR
Analytical Accounts of the Banking Sector (Monetary Statistics)
* Monetary aggregates (HK$ M3)	HK$ million	Jan/23	8,303,100	8,108,471	1.6	0.6	More Statistics DSBB
* Gross domestic credit to the Hong Kong SAR Government ⁷	HK$ million	Jan/23	0	0	-	-	More Statistics DSBB
* Gross domestic credit to private sector ⁸	HK$ million	Jan/23	7,810,886	7,710,406	0.7	0.0	More Statistics DSBB
* Net external position (Net external claims) ⁹	HK$ million	Dec/22	3,550,720	3,362,945	23.8	27.4	More Statistics DSBB
Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet)
* Monetary base	HK$ million	Feb/23	1,896,793	1,927,154	-11.7	-10.8	More Statistics DSBB
* Claims on the Hong Kong SAR Government	HK$ million	Feb/23	0	0	-	-	More Statistics DSBB
* Claims on the private sector in Hong Kong	HK$ million	Feb/23	290,248	303,412	-1.4	4.4	More Statistics DSBB
* Foreign assets	HK$ million	Feb/23	3,564,715	3,617,708	-11.6	-10.3	More Statistics DSBB
* Foreign liabilities	HK$ million	Feb/23	27,590	23,751	1046.2	4066.8	More Statistics DSBB
Interest Rate
* Base rate	Percent per annum	Feb/23	5.00	4.75	-	-	More Statistics DSBB
* Yield of exchange fund bills - 91-day	Percent per annum	Feb/23	2.92	2.15	-	-	More Statistics DSBB
* Government bond yield - 10-year	Percent per annum	Feb/23	3.816	3.109	-	-	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	Feb/23	19,786	21,842	-12.9	-8.2	More Statistics DSBB
EXTERNAL SECTOR
Balance of Payments
* Imports of goods and services	HK$ million	Q4/22	1,291,178	1,333,571	-17.3	-10.0	More Statistics DSBB
* Exports of goods and services	HK$ million	Q4/22	1,323,338	1,391,631	-18.9	-8.8	More Statistics DSBB
* Net receipts from primary income	HK$ million	Q4/22	35,418	62,848	-	-	More Statistics DSBB
* Net receipts from secondary income	HK$ million	Q4/22	-3,738	-3,792	-	-	More Statistics DSBB
* International reserves (Change in reserve assets)	HK$ million	Q4/22	16,529	138,386	-	-	More Statistics DSBB
* Capital and financial transactions (Non-reserve)	HK$ million	Q4/22	-49,885	-286,249	-	-	More Statistics DSBB
International Reserves
* Foreign currency reserve assets	US$ billion	Feb/23	429.1	436.5	-12.6	-11.4	More Statistics DSBB
* Data template on international reserves/foreign currency liquidity	US$ billion	Jan/23	436.5	424.0	-11.4	-14.7	More Statistics DSBB
Merchandise Trade
* Total exports of goods (f.o.b.)	HK$ billion	Feb/23	286.2	290.9	-8.8	-36.7	More Statistics DSBB
* Total imports of goods (c.i.f.)	HK$ billion	Feb/23	331.6	316.3	-4.1	-30.2	More Statistics DSBB
International Investment Position
* Assets	HK$ million	Q4/22	47,437,809	46,499,778	-5.0	-7.1	More Statistics DSBB
** Direct investment	HK$ million	Q4/22	17,020,918	16,858,876	-0.8	-1.3	More Statistics DSBB
** Portfolio investment	HK$ million	Q4/22	14,227,744	12,979,765	-13.9	-22.8	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q4/22	9,033,865	8,050,542	-18.2	-29.9	More Statistics DSBB
*** Debt securities	HK$ million	Q4/22	5,193,879	4,929,223	-5.1	-7.6	More Statistics DSBB
** Financial derivatives	HK$ million	Q4/22	1,257,142	1,604,948	54.2	84.4	More Statistics DSBB
** Other investment	HK$ million	Q4/22	11,622,482	11,765,604	0.6	3.1	More Statistics DSBB
** Reserve assets	HK$ million	Q4/22	3,309,523	3,290,585	-14.6	-14.6	More Statistics DSBB
* Liabilities	HK$ million	Q4/22	33,685,835	33,532,736	0.7	-0.2	More Statistics DSBB
** Direct investment	HK$ million	Q4/22	17,301,743	17,106,684	2.8	2.4	More Statistics DSBB
** Portfolio investment	HK$ million	Q4/22	3,910,571	3,381,159	-4.6	-20.0	More Statistics DSBB
*** Equity and investment fund shares	HK$ million	Q4/22	3,338,420	2,899,587	-4.8	-20.6	More Statistics DSBB
*** Debt securities	HK$ million	Q4/22	572,152	481,571	-3.3	-16.4	More Statistics DSBB
** Financial derivatives	HK$ million	Q4/22	1,199,744	1,484,642	62.4	83.3	More Statistics DSBB
** Other investment	HK$ million	Q4/22	11,273,777	11,560,251	-4.4	-2.4	More Statistics DSBB
* Net international investment position	HK$ million	Q4/22	13,751,974	12,967,043	-16.5	-21.1	More Statistics DSBB
External Debt
* Gross external debt	HK$ million	Q4/22	14,196,438	14,310,441	-2.7	-2.1	More Statistics DSBB
** General government	HK$ million	Q4/22	57,820	56,932	-11.8	51.4	More Statistics DSBB
** Monetary authority	HK$ million	Q4/22	24,177	24,125	1465.9	1376.4	More Statistics DSBB
** Banks	HK$ million	Q4/22	8,159,084	8,345,803	-7.8	-6.6	More Statistics DSBB
** Other sectors	HK$ million	Q4/22	3,604,848	3,614,962	3.9	4.8	More Statistics DSBB
** Direct investment: intercompany lending	HK$ million	Q4/22	2,350,510	2,268,619	6.4	3.3	More Statistics DSBB
Exchange rate
* Spot rate	HK$ per US$ (Positive sign represent appreciation of HK$)	Feb/23	7.8480	7.8390	-0.4	-0.5	More Statistics DSBB
* Spot rate (Interbank rate)	HK$ per US$ (Positive sign represent appreciation of HK$)	Feb/23	7.8487	7.8391	-0.5	-0.5	More Statistics DSBB
* 3-month forward rate (Interbank rate)	HK$ against USD (pip)	Feb/23	-288	-286	-	-	More Statistics DSBB
* 6-month forward rate (Interbank rate)	HK$ against USD (pip)	Feb/23	-459	-395	-	-	More Statistics DSBB
POPULATION
POPULATION	Number, half-yearly	SA2/22	7,333,200	7,346,100	-0.9	-0.9	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$121,689 million as at January 31, 2023) issued under the Government Green Bond Programme. They were denominated in US dollars (US$7,500 million with maturity from May 2024 to January 2053), euros (3,000 million euros with maturity from January 2025 to November 2041), Renminbi (RMB15,000 million with maturity from November 2024 to January 2028) and Hong Kong dollars (HK$20,000 million with maturity in May 2025). They do not include the outstanding bonds with nominal value of HK$201,432 million and alternative bonds with nominal value of US$1,000 million (equivalent to HK$7,837 million as at January 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$87,932 million, which may be redeemed before maturity upon request from bond holders), bonds with nominal value of HK$1,000 million were repaid upon maturity on February 17, 2023; bonds with nominal value of HK$37,816 million will mature within the period from March 2023 to January 2024 and the rest within the period from February 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.

Last revision date : 28 March 2023