Hong Kong | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 7.74 7.75 7.75 7.75 7.75 7.76 [+]
Government Bond 10Y 1.44 2.4 2.5 3 3 1.45 [+]
Stock Market 28060.98 29642 30488 40081 47680 50946 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 274.01 287 289 369 505 778 [+]
GDP Growth Rate 0.40 0.74 0.8 0.82 0.82 0.82 [+]
GDP Annual Growth Rate 2.20 1.61 1.65 2.99 2.53 2.3 [+]
GDP Constant Prices 573280.00 523625 541979 546312 545330 545443 [+]
Gross National Product 599567.00 575572 584466 611976 611974 611974 [+]
GDP per capita 33534.28 34331 34408 34877 34899 34899 [+]
Gross Fixed Capital Formation 150178.00 141213 145179 142567 142568 142568 [+]
GDP per capita PPP 51508.86 52679 52785 53361 53380 53380 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 3.30 3.35 3.39 3.32 3.33 3.33 [+]
Employed Persons 3801.10 3802 3802 3802 3802 3802 [+]
Unemployed Persons 127.30 134 135 133 133 133 [+]
Job Vacancies 73533.00 79627 75689 75616 75480 75460 [+]
Productivity 147.80 149 149 155 157 157 [+]
Labor Force Participation Rate 61.50 61.69 61.95 61.74 61.74 61.74 [+]
Wages 14354.00 14467 14586 14516 14512 14512 [+]
Wages in Manufacturing 191.10 197 199 198 198 198 [+]
Labour Costs 123.90 134 124 124 124 124 [+]
Population 7.23 7.25 7.25 7.3 7.31 7.32 [+]
Minimum Wages 32.50 32.5 32.5 41.2 63.2 80.1 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 4.50 4.72 4.91 2.43 3.46 3.46 [+]
Consumer Price Index CPI 123.90 125 126 146 164 174 [+]
GDP Deflator 106.70 108 109 117 117 117 [+]
Producer Prices 105.80 104 104 104 104 104 [+]
Export Prices 102.90 98.16 96.95 95.89 95.89 95.89 [+]
Import Prices 103.10 100 98.42 92.95 92.94 92.94 [+]
Food Inflation 4.30 3.23 3.08 3.33 3.31 3.31 [+]
Inflation Rate Mom -0.32 0.57 0.69 0.54 0.54 0.54 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.50 0.5 0.5 3.75 3.5 3.3 [+]
Interbank Rate 0.38 0.53 0.65 1.08 2.29 4.71 [+]
Money Supply M0 350030.00 350959 357971 485615 701624 1043297 [+]
Money Supply M1 1727208.00 1679244 1466320 1789279 2170896 2527029 [+]
Money Supply M2 11125070.00 11442754 11671898 16178658 23783717 35793022 [+]
Money Supply M3 11161639.00 11481048 11711407 16233625 23832455 35733729 [+]
Foreign Exchange Reserves 332200.00 334870 334294 333959 333182 333169 [+]
Loans to Private Sector 7364840.00 7435613 7472061 7561661 7561782 7561782 [+]
Banks Balance Sheet 18743564.00 19132537 19448913 25067205 31760516 37211736 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -35884.00 -34276 -31048 -50230 -50213 -50213 [+]
Exports 228300.00 287679 319877 301515 301499 301499 [+]
Imports 264200.00 321955 350925 351745 351712 351712 [+]
Current Account 17049.00 29030 25773 32268 32338 32338 [+]
Current Account to GDP 1.90 2.02 2.06 2.27 2.27 2.27 [+]
Terms of Trade 99.90 99.92 100 101 101 101 [+]
Capital Flows -45297.00 -55944 -56336 -64931 -65117 -65117 [+]
Tourist Arrivals 1931380.00 1800638 1751702 1986549 1986551 1986551 [+]
Gold Reserves 2.08 2.08 2.08 2.08 2.08 2.08 [+]
External Debt 10007973.00 10503335 11043806 11085903 11086062 10432471 [+]
Foreign Direct Investment 10482.90 10829 10829 10829 10829 10829 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget 0.60 0.2 0.33 1.42 1.4 1.4 [+]
Government Debt to GDP 33.84 33.8 33.84 33.45 33.45 33.45 [+]
Government Budget Value 80801.00 38268 16430 19046 19068 19068 [+]
Government Spending 49303.00 48501 48966 49012 49012 49012 [+]
Credit Rating 95.39 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 1.00 6 2.13 10.26 10.03 10 [+]
Manufacturing PMI 49.60 50.51 50.46 50.13 50.13 50.13 [+]
Industrial Production -3.70 -3.42 -4.5 0.23 0.46 0.75 [+]
Changes in Inventories 4425.00 2427 3079 1072 1107 1107 [+]
Bankruptcies 5987.00 5955 5483 7760 7765 7765 [+]
Car Registrations 3037.00 3323 3279 3291 3291 3291 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 107.00 108 108 107 107 107 [+]
Retail Sales YoY -13.90 -3 -5.5 0.1 0.35 0.6 [+]
Consumer Spending 374322.00 371545 360142 365176 365124 365124 [+]
Personal Savings 0.01 0.21 0.09 0.09 0.09 0.09 [+]
Bank Lending Rate 5.00 5.24 5.39 5.07 5.07 5.07 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 26656.00 35626 32360 27991 28080 28084 [+]
Taxes Actual Q2/15 Q3/15 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 [+]