Hong Kong | Economic Forecasts | 2015-2050 Outlook

Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 7.75 7.91 7.98 8.06 8.14 10 [+]
Stock Market 21612.39 24488 25642 22500 26693 40081 Index points [+]
Government Bond 10Y 1.83 2 2.1 2.2 2.5 3 percent [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 290.90 302 307 308 309 306 USD Billion [+]
GDP Growth Rate 0.40 0.87 0.83 0.94 1.03 0.95 percent [+]
GDP Annual Growth Rate 2.80 2.8 2.74 2.28 2.8 2.99 percent [+]
GDP Constant Prices 533088.00 539087 537370 537862 537721 537752 HKD Million [+]
Gross National Product 549169.00 579765 602626 581691 586702 654197 HKD Million [+]
GDP per capita 34222.29 34457 34480 34631 34781 36841 USD [+]
Gross Fixed Capital Formation 133281.00 128963 140369 125785 133999 135413 HKD Million [+]
GDP per capita PPP 52551.60 53072 53145 53419 53692 58067 USD [+]
Gdp From Agriculture 261.00 294 292 263 295 291 HKD Million [+]
Gdp From Construction 23121.00 22216 24340 23089 21576 23679 HKD Million [+]
Gdp From Manufacturing 6891.00 7806 7581 6862 7368 7474 HKD Million [+]
Gdp From Public Administration 89799.00 93775 93634 91779 96916 99112 HKD Million [+]
Gdp From Services 488561.00 480587 479467 479815 479707 479732 HKD Million [+]
Gdp From Transport 32236.00 32611 32845 32536 30560 32576 HKD Million [+]
Gdp From Utilities 7973.00 10557 8178 7989 9384 8143 HKD Million [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 3.30 3.37 3.38 3.4 3.41 3.41 percent [+]
Employed Persons 3797.80 3797 3797 3797 3797 3797 Thousand [+]
Unemployed Persons 134.10 136 136 134 134 134 Thousand [+]
Job Vacancies 78069.00 74158 71554 72944 76170 75197 [+]
Productivity 153.00 154 154 155 155 180 Index Points [+]
Labor Force Participation Rate 61.50 61.57 61.53 61.31 61.37 61.44 percent [+]
Wages 14511.00 14784 14845 14896 14955 15390 HKD/Month [+]
Wages in Manufacturing 193.30 195 196 197 198 215 Index Points [+]
Labour Costs 148.70 131 138 140 139 141 Index Points [+]
Population 7.23 7.24 7.24 7.24 7.25 7.23 Million [+]
Minimum Wages 32.50 32.5 32.5 33.59 33.63 41.2 HKD/Hour [+]
Retirement Age Men 65.00 60 60 63.75 65 65 [+]
Retirement Age Women 65.00 60 60 63.75 65 65 [+]
Youth Unemployment Rate 6.70 6.88 6.45 6.56 6.56 6.55 percent [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 2.50 3.91 4.2 3.44 3.38 2.43 percent [+]
Consumer Price Index CPI 123.50 124 125 125 126 135 Index Points [+]
GDP Deflator 106.20 109 108 109 110 117 Index Points [+]
Producer Prices 106.80 108 108 108 108 108 Index Points [+]
Export Prices 102.10 102 102 102 102 102 Index Points [+]
Import Prices 102.10 102 102 102 102 102 Index Points [+]
Food Inflation 4.30 4.29 4.29 4.29 4.29 4.29 percent [+]
Inflation Rate Mom 0.33 0.37 0.37 0.37 0.37 0.37 percent [+]
Producer Prices Change -0.56 0.4 0.73 0.93 1.02 1.03 Index points [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.50 0.5 0.5 0.5 0.5 3.75 percent [+]
Interbank Rate 0.41 0.46 0.63 0.76 0.9 0.24 percent [+]
Money Supply M0 337973.00 347003 351573 357060 362286 452576 HKD Million [+]
Money Supply M1 1916950.00 1793331 1816556 1812549 1812713 1813174 HKD Million [+]
Money Supply M2 11436346.00 11668621 11906739 12127840 12349226 16182143 HKD Million [+]
Money Supply M3 11469048.00 11701884 11940242 12161546 12383128 16213233 HKD Million [+]
Foreign Exchange Reserves 339900.00 342059 341133 340420 339852 352643 USD Million [+]
Loans to Private Sector 7675917.00 7719036 7819400 7885733 7922593 10085656 HKD Million [+]
Banks Balance Sheet 19446680.00 19791787 20147450 20495232 20837122 26240361 HKD Million [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -28434.00 -38102 -42478 -44922 -40803 -39334 HKD Million [+]
Exports 320871.00 308108 301201 302013 300351 305651 HKD Million [+]
Imports 349305.00 339183 337041 336778 335750 342243 HKD Million [+]
Current Account 380.00 14134 16895 8261 8570 7143 HKD Million [+]
Current Account to GDP 1.90 0.6 0.75 0.94 1.14 1.36 percent [+]
Terms of Trade 100.10 100 100 101 101 100 Index Points [+]
Capital Flows -27600.00 -28764 -40550 -27279 -29145 -27361 HKD Million [+]
Tourist Arrivals 2010268.00 1786824 2041459 1909246 1853849 1930949 [+]
Gold Reserves 2.08 2.08 2.08 2.08 2.08 2.08 Tonnes [+]
External Debt 9973068.00 10012686 10025698 10035592 10043115 10066815 HKD Million [+]
Foreign Direct Investment 10482.90 8332 7522 8233 8944 9931 HKD Billion [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget 2.80 1.66 1.83 1.28 0.72 1.16 percent of GDP [+]
Government Debt to GDP 32.00 32.09 31.65 31.57 31.49 31.62 percent [+]
Government Budget Value -16269.00 -21116 59013 31649 -5903 12154 HKD Million [+]
Government Spending 50511.00 52846 55138 58498 54177 67241 HKD Million [+]
Credit Rating 95.39 [+]
Fiscal Expenditure 78977.00 84035 80234 83889 80630 82053 HKD Million [+]
Government Revenues 62708.00 70336 151213 124877 64539 131077 HKD Million [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 5.00 1 5.66 1.64 11.64 8.72 [+]
Manufacturing PMI 48.20 49.52 48.36 48.56 48.35 48.46 [+]
Industrial Production -1.50 -0.52 0.59 0.19 0.11 -0.36 percent [+]
Changes in Inventories -9930.00 -6551 264 2279 286 2452 HKD Million [+]
Bankruptcies 12980.00 12413 12174 11878 11604 12824 Companies [+]
Car Registrations 2938.00 3201 3142 3000 2935 3291 Cars [+]
Competitiveness Index 5.45 5.42 5.42 5.39 5.38 5.32 Points [+]
Competitiveness Rank 7.00 7.19 7.19 7.75 7.93 11 [+]
Corruption Index 74.00 73.9 73.17 73.22 73.28 75.79 Points [+]
Corruption Rank 17.00 18 18 18 18 16.63 [+]
Ease of Doing Business 3.00 2.75 3 3 3 3 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 105.00 106 104 107 105 106 [+]
Retail Sales YoY 4.40 5.14 5 2.9 5.47 5.45 percent [+]
Consumer Spending 384490.00 366936 384451 366975 384412 384071 HKD Million [+]
Personal Savings 0.01 -0.08 -0.01 -0.17 0.1 -0.03 percent [+]
Bank Lending Rate 5.00 5.12 5.25 5.34 5.43 4.89 percent [+]
Retail Sales Mom -4.77 -0.52 1.79 0.73 0.86 0.74 percent [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 140.35 142 143 146 146 146 Index points [+]
Home Ownership Rate 51.00 50.83 50.76 50.7 50.63 49.13 percent [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 16.50 16.52 16.52 16.52 16.52 16.61 percent [+]
Personal Income Tax Rate 15.00 15.08 15.08 15.1 15.12 15 percent [+]



Economic Forecasts for Hong Kong including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Hong Kong economy. 8/29/2015