Hong Kong GDP Growth RateHong Kong GDP Growth RateHong Kong GDP Growth Rate

Hong Kong GDP Growth Rate

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Key data points


Last release
Observation period
Q2 2024
Next release
Forecast
Highest
6.60% on Mar 31, 2021
Lowest
−4.80% on Mar 31, 2020

About Hong Kong GDP Growth Rate


Category
GDP
Frequency
Quarterly
Units
%
Hong Kong has an export oriented economy and in spite of small size is the 8th largest trading entity in the world with the value of goods and services exchanged four times the size of GDP. In recent years, Hong Kong has become an international hub for business, trade and finance importers willing to access the Chinese market. As such, the largest sector of the economy is services, which accounts for around 93 percent of GDP.