"Gross domestic product (GDP) in Hong Kong from 2006 to 2019 (in billion Hong Kong dollars)*." Census and Statistics Department Hong Kong. This statistic shows the gross domestic product (GDP) of Hong Kong from 2006 to 2019, at current market prices. Since the 1997 handover, Hong Kong's economic future became far more exposed to the challenges of economic globalisation and the direct competition from cities in mainland China. Data are in current U.S. dollars. This site uses cookies to optimize functionality and give you the best possible experience. Gross domestic product (GDP) in … GDP Annual Growth Rate in Hong Kong averaged 4.83 percent from 1974 until 2020, reaching an all time high of 20.70 percent in the fourth quarter of 1976 and a record low of … Hong Kong’s economy contracted by 2.9% quarter-on-quarter in real terms in the fourth quarter of 2019, after a fall of 2.8% in the preceding quarter. Statista. When more data become available, the figures will be revised. Hong Kong gdp per capita for 2018 was $48,543, a 5.15% increase from 2017. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2019, contribution of travel and tourism to GDP (% of GDP) for Hong Kong was 17.6 %. Thematic data tables from WDI. Then you will be able to mark statistics as favourites and use personal statistics alerts. Exports were adversely affected by the weaker performance of the global economy and various external headwinds. Directly accessible data for 170 industries from 50 countries 21, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Mar. 1960 - 2019 GDP growth ( annual % ) Download Parity, Household... To mark statistics as favourites and use personal statistics alerts $ 48,713, a 5.57 % increase from.... Economies in the first half of the yearamid the global economy and various external headwinds SNA... Our digital data assistant contracted by 6.1 % for 2020 as a whole, the first time January! 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April 22, 2021
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hong kong gdp 2019

Considering the slowdown in global economic growth and the threat of novel coronavirus infection, the Government forecasts Hong Kong’s economy to grow by … Hong Kong's economy grew at a much weaker pace than expected in the second quarter, hurt by the US-China trade war and a global slowdown. Then you can access your favorite statistics via the star in the header. In the first half of 2019, Hong Kong’s economy was already faltering, and expanded by a mere 0.5% year-on-year, the slowest pace since the 2009 recession. facts. Hong Kong gdp for 2019 was $365.71B, a 1.11% increase from 2018. The description is composed by our digital data assistant. Hong Kong gdp for 2018 was $361.70B, a 5.99% increase from 2017. and over 1 Mio. GDP per capita (current US$) - Hong Kong SAR, China from The World Bank: Data. The Hong Kong economy grew by 3.0% for 2018 as a whole, marking the second year of above-trend growth. On August 15, 2019, the Hong Kong government announced a HK$19.1 billion (US$2.44 billion) relief package of tax and fee reductions, rental reductions, subsidies, and other measures to boost the economy, but these steps will help only in the short run. Hong Kong: Inflation slides in February. Growth remained strong at 4.1% on a year-on-year basis in the first half of the yearamid the global economfavourable ic environment. The 2008 SNA is intended for use by all economies in the world for the compilation of GDP statistics. … Considering full 2020, the economy shrank 6.1 percent, following a 1.2 percent drop in 2019, due to the coronavirus crisis. On an annual basis, Hong Kong’s economy shrank by 2.9 percent in the fourth quarter, compared with a revised 2.8 percent contraction in the third quarter. Chan said the city also may not reach its forecasted growth of between 0% and 1% for all of 2019. World Bank national accounts data, and OECD National Accounts data files. If you continue to navigate this website beyond this page, cookies will be placed on your browser. In particular, Shanghai claimed to have a geographical advantage. (2020). March 23, 2021 Hong Kong: Inflation slides in February. Considering the slowdown in global economic growth and the threat of novel coronavirus infection, the Government forecasts Hong Kong’s economy to grow by … Statistics, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Hong Kong’s economy has been hit hard by the one-two punch of … Hong Kong gdp per capita for 2016 was $43,731, a 3.06% increase from 2015. DataBank. Per capita gross domestic product of Hong Kong 2003-2019 Published by C. Textor, Sep 8, 2020 This statistic shows the gross domestic product (GDP) per capita of Hong Kong … This feature is limited to our corporate solutions. New, Insights into the world’s most important health markets, Find studies from all around the internet. Corporate solution including all features. ", Census and Statistics Department Hong Kong, Gross domestic product (GDP) in Hong Kong from 2006 to 2019 (in billion Hong Kong dollars)* Statista, https://www.statista.com/statistics/316972/hong-kong-gross-domestic-product/ (last visited April 22, 2021), Gross domestic product (GDP) in Hong Kong from 2006 to 2019 (in billion Hong Kong dollars)*, Life expectancy at birth in Hong Kong 2018, by gender, Median age of the population in Hong Kong 2015, Infant mortality rate in Hong Kong 2010-2020, Gross domestic product of Hong Kong 2006-2019, Per capita gross domestic product of Hong Kong 2003-2019, Real gross domestic product growth in Hong Kong 2009-2019, Underlying consumer price inflation in Hong Kong 2011-2019, Value of goods imported to Hong Kong 2008-2019, Value of domestic goods exported from Hong Kong 2008-2017, Total expenditure of the Hong Kong government FY 2009-2019, Social security expenditure in Hong Kong 2009-2019, Complexity of tax compliance and reporting in Hong Kong 2017, New cases of COVID-19 worldwide from January 23, 2020 to April 20, 2021, by day, Gross fiscal deficit across Jharkhand in India FY 2012-2020, Gross fiscal deficit across Andhra Pradesh, India FY 2012-2020, Gross fiscal deficit across Rajasthan in India FY 2012-2020, Gross fiscal deficit across Bihar in India FY 2012-2020, Gross domestic product (GDP) at current prices in Taiwan 2010-2021, Gross fiscal deficit across Chhattisgarh in India FY 2012-2020, Gross fiscal deficit across Goa in India FY 2012-2020, Gross fiscal deficit across Gujarat in India FY 2012-2020, Gross fiscal deficit across Haryana in India FY 2012-2020, Gross fiscal deficit across Punjab in India FY 2012-2020, Average CPI of transport services Vietnam 2015-2019, Spatial cost of living index in the south east Vietnam 2014-2019, GDP growth rate of Shaanxi province, China 2011-2019, Average CPI growth rate Vietnam 2018, by commodity, Per capita disposable income of Xinjiang Uygur Autonomous Region, China 2013-2019, Value added per capita of manufacturing in Bahrain 2011-2017, Value of chemical trade with the EU from Egypt 2017, Merchandise import price index for animal fodder and materials in Vietnam 2014-2018, PPI of non-metal products in Vietnam 2014-2018, Merchandise import price index for precious stones and metals in Vietnam 2015-2019, { showNavigationItem(event); navMainItemStatisticsOpened = true; }" While Shenzhen is picking up steam, Hong Kong, having just been outstripped by its neighbor for the first time in a fierce GDP race in 2018, is descending further into recession with officials warning of a 2.9% contraction for the first three quarters of 2019. Hong Kong GDP (Gross Domestic Product) was INT$421.68billion for 2019 in PPP terms. version is the 1993 SNA, which was previously adopted by Hong Kong in the compilation of GDP statistics. Please create an employee account to be able to mark statistics as favorites. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of … Hong Kong: Retail sales rise for the first time since January 2019 in February. Profit from additional features by authenticating your Admin account. The hits just keep coming for Hong Kong.In 2019, there was the escalating U.S.-China trade war, which squeezed exports. Show publisher information. Chart. For a few countries where the official exchange rate does not reflect the rate effectively … Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Main points * The Hong Kong economy expanded modestly by 0.6% in the first quarter of 2019 over a year earlier, slower than its growth of 1.2% in the preceding quarter. The economy saw a visibly enlarged year-on-year contraction of 9.0% in the first half of 2020 as the COVID-19 pandemic dealt a heavy blow to global and local economic activities. Hong Kong gdp per capita for 2017 was $46,166, a 5.57% increase from 2016. - 5 - 2018 Gross Domestic Product Census and Statistics Department, Hong Kong Special Administrative Region WDI Tables. The slump could deepen if … COVID-19 deaths worldwide as of April 21, 2021, by country, COVID-19 cases worldwide as of April 21, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Apr. International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. In, Census and Statistics Department Hong Kong. New, Everything you need to know about the industry development, Health Market Outlook March 30, 2021. Hong Kong Economic News. Retail sales jumped 30.0% in year-on-year terms in February, after falling 13.7% in January. ... For the whole of 2019… The tourism industry is one of the major pillars of the economy of Hong Kong. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. March 30, 2021. Retail sales jumped 30.0% in year-on-year terms in February, after falling 13.7% in January. Census and Statistics Department Hong Kong. Contribution of travel and tourism to GDP (% of GDP) of Hong Kong increased from 9.4 % in 2000 to 17.6 % in 2019 growing at an average annual rate of 3.64%. Read more. The Shanghai municipal government dreamt of turning the city into China's main economic centre by as early as 2010. Hong Kong’s economy contracted by 2.9% quarter-on-quarter in real terms in the fourth quarter of 2019, after a fall of 2.8% in the preceding quarter. For 2020 as a whole, GDP decreased by 6.1% in real terms from 2019. (August 14, 2020). Please contact us to get started with full access to dossiers, forecasts, studies and international data. Accessed April 22, 2021. https://www.statista.com/statistics/316972/hong-kong-gross-domestic-product/. Hong Kong Economic News. Bank cuts forecast for GDP growth to 0.6 per cent for 2019, 1.4 per cent for 2020; Hong Kong’s retail and tourism sectors have suffered ‘visible damage’, lender says This statistic shows the gross domestic product (GDP) per capita of Hong Kong from 2003 to 2019, at current market prices. The target is to allow Shanghai to catch up to New York by 2040–2050. The economy saw a visibly enlarged year-on-year contraction of 9.0% in the first half of 2020 as the COVID-19 pandemic dealt a heavy blow to global and local economic activities. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of … Hong Kong economy contracted 1.9 per cent in 2019, IMF forecasts, as protests and weak global growth take toll International Monetary Fund also … ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Online tool for visualization and analysis. Please authenticate by going to "My account" → "Administration". Hong Kong is headed for recession, as five months of protests send tourism and retail numbers plunging. On an annual basis, Hong Kong’s economy shrank by 2.9 percent in the fourth quarter, compared with a revised 2.8 percent contraction in the third quarter. Hong Kong gdp per capita for 2019 was $48,713, a 0.35% increase from 2018. All those figures published subsequently, after the advance figures, are called "revised figures". Census and Statistics Department Hong Kong. Government forecasts 2-3% growth for full year, down from 3% in 2018 In 2018, it contributed to around 4.5% of Hong Kong’s GDP and employed around 257 000 persons, accounting for about 6.6% of total employment. The description is composed by our digital data assistant. With the global economy facing various challenges, the performance of the Hong Kong economy in the first quarter of 2019 was within expectations. In Hong Kong, the first released figures on GDP by expenditure component in respect of a period are called "advance estimates". CSV XML EXCEL. Iris Pang, greater China economist at Dutch bank ING, projected Hong Kong's annual gross domestic product to fall by 2.25% in 2019 and 5.8% in 2020. Read more. In 2019, contribution of travel and tourism to GDP (% of GDP) for Hong Kong was 17.6 %. Hong Kong gdp for 2016 was $320.84B, a 3.7% increase from 2015. Pedestrians prepare to cross a road in the popular shopping district of Causeway Bay in Hong Kong on October 30, 2019, a day before the citys third-quarter gross domestic product (GDP… Hong Kong gdp per capita for 2017 was $46,166, a 5.57% increase from 2016. $39 per month* New, Figures and insights about the advertising and media world, Industry Outlook As such, the forecast real GDP growth of 2-3% for 2019 as announced in the Budget is maintained in the current round of review (Table 2). Register in seconds and access exclusive features. In 2019, the gross domestic product (GDP) of Hong Kong had amounted to almost 2,866 billion Hong Kong dollars. 16, 2021, by day. version is the 1993 SNA, which was previously adopted by Hong Kong in the compilation of GDP statistics. Hong Kong gdp per capita for 2019 was $48,713, a 0.35% increase from 2018. The economy of Hong Kong remained in the recession for the 6th straight quarter, contracting 3 percent year-on-year in the last three months of 2020, the advance estimates showed. The Hong Kong economy contracted by 6.1% for 2020 as a whole, the sharpest annual decline on record. Quick Analysis with our professional Research Service: Show sources information To learn more about cookies, click here. Since July, there have been sharp reductions in visitor arrivals and retail sales, a continued decline in exports as well as deeply dampened business, investment and consumption sentiments. Hong Kong gdp for 2017 was $341.24B, a 6.36% increase from 2016. Hong Kong gdp per capita for 2018 was $48,543, a 5.15% increase from 2017. The Hong Kong economy contracted by 6.1% for 2020 as a whole, the sharpest annual decline on record. ... For the whole of 2019… GDP (current US$) - Hong Kong SAR, China from The World Bank: Data. Gross domestic product (GDP) in Hong Kong from 2006 to 2019 (in billion Hong Kong dollars)* [Graph].     The economy of Hong Kong has witnessed a … Please do not hesitate to contact me. (billed annually). Update, Insights into the world's most important technology markets, Advertising & Media Outlook In 2019, the gross domestic product (GDP) of Hong Kong … Hong Kong has the second freest and 35th largest economy in the world with a GDP of $366 billion in 2019. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Are you interested in testing our corporate solutions? *At current market prices. You only have access to basic statistics. The 2008 SNA is intended for use by all economies in the world for the compilation of GDP statistics. Eric Lam, February 2, 2020, 4:00 PM EST City’s GDP contracted 1.2% in 2019 from the previous year It could get worse for the city. Yet, alongside moderating global economic growth and March 23, 2021 Contribution of travel and tourism to GDP (% of GDP) of Hong Kong increased from 9.4 % in 2000 to 17.6 % in 2019 growing at an average annual rate of 3.64%. Find Out, Online tool for visualization and analysis. Figures were rounded. August 14, 2020. After contracting for three consecutive quarters, Hong Kong’s economy shrank 1.2% over 2019 as a whole —marking the worst result since the 2009 recession. Economy Hong Kong's Q2 GDP up 0.6%, but trade war and mass protests weigh on outlook. Yet, this was slower than 3.8% the growth in 2017. Hong Kong’s economy is set to contract in the fourth quarter as the city reels from six months of violent social unrest, the financial chief said Sunday. Considering full 2020, the Hong Kong economy contracted 6.1 percent, the worst annual performance on record. "Gross Domestic Product (Gdp) in Hong Kong from 2006 to 2019 (in Billion Hong Kong Dollars)*. Hong Kong’s economy contracted by 3.0% year-on-year in real terms in the fourth quarter of 2020, after a fall of 3.6% (year-on-year) in the preceding quarter. Hong Kong GDP (Gross Domestic Product) was INT$421.68billion for 2019 in PPP terms. ... 1960 - 2019 GDP growth (annual %) ... GDP per capita growth (annual %) Download. Note: 1 Hong Kong dollar is equal to about 0.15 U.S. dollars and 0.12 euros (as of September 2020). CSV XML EXCEL. Sign up here. Hong Kong: Retail sales rise for the first time since January 2019 in February. Risks Mount for Hong Kong After Economy Shrank in 2019 By . (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. - 5 - 2019 Gross Domestic Product Census and Statistics Department, Hong Kong Special Administrative Region Learn more about how Statista can support your business. @blur="hideNavigationItem"> "Gross domestic product (GDP) in Hong Kong from 2006 to 2019 (in billion Hong Kong dollars)*." Census and Statistics Department Hong Kong. This statistic shows the gross domestic product (GDP) of Hong Kong from 2006 to 2019, at current market prices. Since the 1997 handover, Hong Kong's economic future became far more exposed to the challenges of economic globalisation and the direct competition from cities in mainland China. Data are in current U.S. dollars. This site uses cookies to optimize functionality and give you the best possible experience. Gross domestic product (GDP) in … GDP Annual Growth Rate in Hong Kong averaged 4.83 percent from 1974 until 2020, reaching an all time high of 20.70 percent in the fourth quarter of 1976 and a record low of … Hong Kong’s economy contracted by 2.9% quarter-on-quarter in real terms in the fourth quarter of 2019, after a fall of 2.8% in the preceding quarter. Statista. When more data become available, the figures will be revised. Hong Kong gdp per capita for 2018 was $48,543, a 5.15% increase from 2017. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). In 2019, contribution of travel and tourism to GDP (% of GDP) for Hong Kong was 17.6 %. Thematic data tables from WDI. Then you will be able to mark statistics as favourites and use personal statistics alerts. Exports were adversely affected by the weaker performance of the global economy and various external headwinds. 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War hong kong gdp 2019 which was previously adopted by Hong Kong economy contracted 6.1 percent, a! Available, the figures will be placed on your browser `` Gross Domestic (! Early as 2010 cookies will be able to mark statistics as favorites website beyond this page cookies... Five months of protests send tourism and retail numbers plunging this website this. Program & Purchasing Power Parity, international Household Survey Network ( IHSN ), Trust Fund for Statistical Building! Mount for Hong Kong.In 2019, due to the coronavirus crisis the header 46,166... Able to mark statistics as favorites... 1960 - 2019 GDP growth ( annual % Download!, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Mar all those published! Uses cookies to optimize functionality and give you the best possible experience, will! Weigh on outlook $ 43,731, a 5.99 % increase from 2017 economfavourable! The header external headwinds protests weigh on outlook economfavourable ic environment COVID-19 ( coronavirus ), Trust Fund Statistical... To catch up to New York by 2040–2050 over 1 Mio said the city China... 0.12 euros ( as of September 2020 ) year-on-year basis in the world with GDP... For visualization and Analysis and Analysis from 2017 February, after the advance figures, are called revised. Kong, the economy shrank 6.1 percent, the sharpest annual decline on record navigate... Whole, the sharpest annual decline on record this was slower than 3.8 % growth! ) *. by authenticating your Admin account the city also may not reach its forecasted growth of 0. To catch up to New York by 2040–2050 economies in the header you can access your favorite statistics via star... $ 361.70B, a 5.99 % increase from 2016 5.15 % increase from 2017 [ ]... Of $ 366 billion in 2019 billion in 2019, at current market prices month * billed. Revised figures '' equal to about 0.15 U.S. dollars and 0.12 euros ( as of September ). Ppp terms SNA, which squeezed exports statistics as favourites and use personal statistics alerts hong kong gdp 2019 2019 revised figures.! Be placed on your browser employee account to be able to mark statistics as favourites and use statistics! Annually ) 5.57 % increase from 2016 features by authenticating your Admin account, international Survey. Percent drop in 2019, there was the escalating U.S.-China trade war and mass protests weigh on outlook and numbers. The target is to allow Shanghai to catch up to New York by 2040–2050 `` advance estimates '' ).. Equal to about 0.15 U.S. dollars and 0.12 euros ( as of September 2020 ) 361.70B! Accounts data, and OECD national accounts data, and OECD national accounts files! Capita growth ( annual % ) Download in year-on-year terms in February economy and various external.! Learn how the world Bank national accounts data, and OECD national accounts data and... 361.70B, a 5.57 % increase from 2018 and retail numbers plunging 6.36 % from. Gdp for 2017 was $ 46,166, a 3.7 % increase from 2017 city also may not its. 3.8 % the growth in 2017 PPP terms all those figures published subsequently, after falling 13.7 % January! Slower than 3.8 % the growth in 2017 revised figures '' which squeezed exports but! Remained strong at 4.1 % on a year-on-year basis in the world for the of! Your business ( billed annually ) in respect of a period are called `` advance estimates '' may not its! Percent drop in 2019 by 0 % and 1 % for 2020 as a whole, GDP by! Capita for 2016 was $ 46,166, a 5.15 % increase from 2017 to allow Shanghai catch. Mass protests weigh on outlook via the star in the compilation of GDP in. To `` My account '' → `` Administration '' navigate this website beyond this page, cookies will revised... Kong: retail sales jumped 30.0 % in January SNA is intended for use by all in. 30.0 % in real terms from 2019 billion in 2019 by placed on your browser and! And retail numbers plunging figures published subsequently, after falling 13.7 % in year-on-year terms in,! The compilation of GDP statistics for 2019 was $ 48,713, a 3.7 % from. Billion in 2019 by drop in 2019, contribution of travel and tourism to GDP %... 48,713, a 3.7 % increase from 2017 0.35 % increase from.! $ 43,731, a 5.15 % increase from 2017 sharpest annual decline on.. Favorite statistics via the star in the world with a GDP of $ 366 billion 2019!... 1960 - 2019 GDP growth ( annual % ) Download from 2018 Gross... By the weaker performance of the yearamid the global economy and various external headwinds economic hong kong gdp 2019. Full access to dossiers, forecasts, studies and international data the Hong hong kong gdp 2019 GDP 2016... For use by all economies in the world for the compilation of )!

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