Hong Kong Current Account to GDP

Hong Kong recorded a Current Account surplus of 2.10 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Hong Kong averaged 4.66 Percent from 1980 until 2013, reaching an all time high of 13.70 Percent in 2008 and a record low of -6.30 Percent in 1995. Current Account to GDP in Hong Kong is reported by the Census and Statistics Department, Hong Kong.

   
 
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Hong Kong Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.60 13.70 -6.30 1980 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Hong Kong Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -43105.00 -42350.00 7228.00 -55290.00 HKD Million [+]
Exports 309211.00 305973.00 325522.00 172.00 HKD Million [+]
Imports 352316.00 348323.00 370104.00 230.00 HKD Million [+]
Current Account -6234.00 16439.00 92020.00 -6817.00 HKD Million [+]
Current Account to GDP 2.10 1.60 13.70 -6.30 Percent [+]
Terms of Trade 100.50 100.00 108.50 99.00 Index Points [+]
Capital Flows 29922.00 -45288.00 31399.00 -89673.00 HKD Million [+]
Tourist Arrivals 1793732.00 1768749.00 2035367.00 211328.00 [+]
Gold Reserves 2.08 2.08 2.08 2.08 Tonnes [+]





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