Hong Kong | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 7.75 7.91 8.07 8.53 7.68 6.91 [+]
Government Bond 10Y 1.58 1.4 2.4 3 3 1.7 [+]
Stock Market 24823.29 24293 24631 25516 27313 30954 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 274.01 290 294 369 505 778 [+]
GDP Growth Rate 0.40 0.74 0.8 0.86 0.87 0.87 [+]
GDP Annual Growth Rate 2.20 2.21 1.61 2.99 2.53 2.28 [+]
GDP Constant Prices 573280.00 547079 523625 546312 545330 545443 [+]
Gross National Product 565693.00 573500 552583 576559 576555 576555 [+]
GDP per capita 33534.28 34241 34331 34877 34899 34899 [+]
Gross Fixed Capital Formation 150178.00 143974 144925 142567 142568 142568 [+]
GDP per capita PPP 51508.86 52554 52679 53361 53380 53380 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 3.30 3.36 3.4 3.33 3.34 3.34 [+]
Employed Persons 3801.80 3796 3800 3799 3799 3799 [+]
Unemployed Persons 120.50 120 121 122 122 122 [+]
Job Vacancies 75357.00 75952 80479 76610 76643 76642 [+]
Productivity 147.80 151 151 155 157 157 [+]
Labor Force Participation Rate 61.50 61.45 61.58 61.61 61.61 61.61 [+]
Wages 14126.00 14158 14164 14166 14164 14164 [+]
Wages in Manufacturing 190.70 196 198 198 198 198 [+]
Labour Costs 123.90 131 134 124 124 124 [+]
Population 7.23 7.24 7.25 7.3 7.31 7.32 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 4.10 4.43 4.72 2.43 3.46 3.46 [+]
Consumer Price Index CPI 123.10 124 125 147 165 176 [+]
GDP Deflator 106.70 107 108 117 117 117 [+]
Producer Prices 108.20 108 108 108 108 108 [+]
Export Prices 117.30 118 118 118 118 118 [+]
Import Prices 115.50 115 115 115 115 115 [+]
Food Inflation 3.70 3.23 3.08 3.33 3.31 3.31 [+]
Inflation Rate Mom -0.30 0.57 0.69 0.54 0.54 0.54 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.50 0.4 0.5 4.75 3.5 3.3 [+]
Interbank Rate 0.38 0.4 1.01 1.15 2.35 4.75 [+]
Money Supply M0 330110.00 335333 340592 452627 626330 882161 [+]
Money Supply M1 1779562.00 1783809 1826888 2717879 4150958 6413146 [+]
Money Supply M2 11132385.00 11293129 11545054 16550808 24640593 37537969 [+]
Money Supply M3 11170606.00 11333072 11586674 16618569 24709679 37485535 [+]
Foreign Exchange Reserves 324800.00 332041 332500 333074 315289 334331 [+]
Loans to Private Sector 7365537.00 7406419 7479564 7655366 7655539 7655539 [+]
Banks Balance Sheet 18894301.00 19105208 19535928 26567745 34997636 42705804 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -37020.00 -57593 -55241 -55128 -55253 -55253 [+]
Exports 311870.00 320580 330796 329582 329641 329641 [+]
Imports 349890.00 378173 386037 384709 384894 384894 [+]
Current Account 43299.00 29030 25773 27379 27387 27388 [+]
Current Account to GDP 2.10 2.4 2.43 2.56 2.56 2.56 [+]
Terms of Trade 101.60 101 102 121 178 153 [+]
Capital Flows -69064.00 -59180 -39692 -51820 -51826 -51826 [+]
Tourist Arrivals 1758571.00 1828631 1771226 1938351 1959192 1938855 [+]
Gold Reserves 2.08 2.08 2.08 2.08 2.08 2.08 [+]
External Debt 9801561.00 10503335 11043806 11085903 11086062 10432471 [+]
Foreign Direct Investment 10482.90 10828 10829 10829 10829 10829 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget 0.60 0.36 0.68 1.42 1.4 1.4 [+]
Government Debt to GDP 33.84 33.61 33.58 33.45 33.45 33.45 [+]
Government Budget Value 80801.00 47448 38268 19046 19068 19068 [+]
Government Spending 49303.00 49530 48501 49012 49012 49012 [+]
Credit Rating 95.39 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 3.00 6 2.13 6.32 5.28 2.06 [+]
Manufacturing PMI 49.40 50.28 50.42 50.24 50.24 50.24 [+]
Industrial Production -1.80 0.34 0.49 0.5 0.45 0.36 [+]
Changes in Inventories 4425.00 1259 2427 1072 1107 1107 [+]
Bankruptcies 6180.00 6492 6512 6578 6577 6577 [+]
Car Registrations 3024.00 3137 3004 3030 3030 3030 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 107.00 106 108 107 107 107 [+]
Retail Sales YoY -1.30 4.28 3.15 5.1 5.1 5.1 [+]
Consumer Spending 374322.00 362769 371545 365176 365124 365124 [+]
Personal Savings 0.01 -0.09 0.11 -0.03 -0.03 -0.03 [+]
Bank Lending Rate 5.00 4.88 5.08 4.97 4.97 4.97 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 30341.00 35203 36110 27865 28014 28019 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 16.50 16.5 16.5 16.5 16.5 16.5 [+]
Personal Income Tax Rate 15.00 15 15 15 15 15 [+]