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 1.38 1.4 2.4 3 3 1.7 [+]
Stock Market 24507.05 24000 24200 26300 28900 31800 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 274.01 284 286 306 310 310 [+]
GDP Growth Rate 1.70 0.79 0.69 0.78 0.78 0.78 [+]
GDP Annual Growth Rate 2.70 1.3 1.61 2.99 2.53 2.34 [+]
GDP Constant Prices 546639.00 553542 523391 535542 533204 533240 [+]
Gross National Product 564807.00 572766 551757 575585 575581 575581 [+]
GDP per capita 33534.28 34241 34331 34877 34899 34899 [+]
Gross Fixed Capital Formation 129664.00 130323 128908 129437 129437 129437 [+]
GDP per capita PPP 51508.86 52407 52554 53361 53380 53380 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 3.30 3.36 3.4 3.32 3.34 3.34 [+]
Employed Persons 3797.20 3804 3806 3806 3806 3806 [+]
Unemployed Persons 122.10 114 115 117 117 117 [+]
Job Vacancies 75357.00 75797 80303 76483 76510 76509 [+]
Productivity 147.80 151 151 155 157 157 [+]
Labor Force Participation Rate 61.50 61.42 61.52 61.55 61.55 61.55 [+]
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 7.22 7.27 7.28 7.39 7.43 7.43 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 4.90 5.43 5.72 5.43 5.46 5.46 [+]
Consumer Price Index CPI 123.40 125 126 150 172 184 [+]
GDP Deflator 105.50 104 104 106 106 106 [+]
Producer Prices 108.20 108 108 108 108 108 [+]
Export Prices 117.70 119 120 121 121 121 [+]
Import Prices 115.90 117 117 117 117 117 [+]
Food Inflation 3.90 3.23 3.08 3.33 3.31 3.31 [+]
Inflation Rate Mom 0.33 0.57 0.69 0.54 0.54 0.54 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.50 0.35 0.5 4.75 3.5 3.35 [+]
Interbank Rate 0.38 0.3 0.86 0.99 2.25 4.77 [+]
Money Supply M0 330086.00 336972 342280 457963 638575 908499 [+]
Money Supply M1 1707552.00 1767105 1804263 2650186 4001998 6112966 [+]
Money Supply M2 11012130.00 11278846 11529718 16486786 24488425 37212701 [+]
Money Supply M3 11049702.00 11318531 11571035 16553786 24560251 37181706 [+]
Foreign Exchange Reserves 328500.00 338485 338754 335985 320969 319345 [+]
Loans to Private Sector 7276046.00 7345690 7380736 7473973 7474056 7474056 [+]
Banks Balance Sheet 18435932.00 18745446 19048578 24809000 31272333 36483468 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -59250.00 -60089 -58227 -58179 -58278 -58278 [+]
Exports 312760.00 322105 332873 332138 332188 332188 [+]
Imports 372010.00 382194 391100 390317 390466 390466 [+]
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 101.60 101 101 101 101 101 [+]
Capital Flows -69064.00 -59180 -39692 -51820 -51826 -51826 [+]
Tourist Arrivals 1976417.00 1849636 1793658 1945480 1971312 1951527 [+]
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 -20356.00 -15875 9093 -13000 -12997 -12997 [+]
Government Spending 48816.00 47714 49043 48297 48298 48298 [+]
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 50.30 51.08 50.54 50.48 50.48 50.48 [+]
Industrial Production -1.80 0.34 0.49 0.5 0.45 0.36 [+]
Changes in Inventories -1558.00 1537 1625 1296 1314 1314 [+]
Bankruptcies 5493.00 6225 6169 6284 6283 6283 [+]
Car Registrations 3657.00 3299 3195 3197 3197 3197 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 107.00 104 103 104 104 104 [+]
Retail Sales YoY 7.50 3.28 4.36 6.75 6.75 6.75 [+]
Consumer Spending 340111.00 346365 341525 344021 344012 344012 [+]
Personal Savings 0.01 -0.11 0.07 -0.03 -0.03 -0.03 [+]
Bank Lending Rate 5.00 4.84 5.04 4.95 4.95 4.95 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 24993.00 34228 34414 26164 26413 26414 [+]
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 [+]