Hong Kong | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 7.75 7.75 7.75 7.75 7.75 7.76 [+]
Government Bond 10Y 1.73 2.4 2.5 3 3 1.37 [+]
Stock Market 27523.72 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 0.5 0.5 0.5 [+]
GDP Annual Growth Rate 2.10 1.61 1.65 2.99 2.53 2.28 [+]
GDP Constant Prices 541265.00 510582 543615 545946 543184 543410 [+]
Gross National Product 606184.00 581362 591225 620686 620692 620692 [+]
GDP per capita 33534.28 34331 34408 34877 34899 34899 [+]
Gross Fixed Capital Formation 123178.00 135268 138650 130367 130377 130377 [+]
GDP per capita PPP 51508.86 52679 52785 53361 53380 53380 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 3.20 3.35 3.39 3.28 3.28 3.28 [+]
Employed Persons 3792.30 3791 3792 3791 3791 3791 [+]
Unemployed Persons 127.50 126 128 127 127 127 [+]
Job Vacancies 73533.00 80762 77092 80276 81623 81820 [+]
Productivity 147.80 149 149 155 157 157 [+]
Labor Force Participation Rate 61.40 61.68 61.96 61.75 61.75 61.75 [+]
Wages 14354.00 14467 14586 14516 14512 14512 [+]
Wages in Manufacturing 191.10 197 199 198 198 198 [+]
Labour Costs 131.80 139 129 130 130 130 [+]
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 2.80 4.72 4.91 2.43 3.46 3.46 [+]
Consumer Price Index CPI 122.70 124 125 138 150 156 [+]
GDP Deflator 105.70 106 107 109 109 109 [+]
Producer Prices 105.80 104 104 104 104 104 [+]
Export Prices 102.60 97.35 95.52 94.31 94.31 94.31 [+]
Import Prices 102.20 99.72 97.65 91.92 91.91 91.91 [+]
Food Inflation 3.20 3.23 3.08 3.33 3.31 3.31 [+]
Inflation Rate Mom -0.97 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 3.25 [+]
Interbank Rate 0.38 0.49 0.62 0.9 2.16 4.69 [+]
Money Supply M0 342182.00 347547 353830 474185 675824 988964 [+]
Money Supply M1 1941490.00 1680231 1707272 1893154 2386645 2927898 [+]
Money Supply M2 11348100.00 11595861 11825774 16731677 25071660 38447857 [+]
Money Supply M3 11381298.00 11631341 11862535 16778469 25097849 38324175 [+]
Foreign Exchange Reserves 343200.00 348916 353268 339719 338708 338678 [+]
Loans to Private Sector 7627377.00 7774926 7930092 10896153 13304759 14332981 [+]
Banks Balance Sheet 19097488.00 19539477 19930726 26595831 34847348 42082619 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -46206.00 -39940 -35327 -47823 -47798 -47798 [+]
Exports 296110.00 290567 320152 298090 298071 298071 [+]
Imports 342320.00 330507 355479 345913 345869 345869 [+]
Current Account 16701.00 29030 25773 32069 32137 32138 [+]
Current Account to GDP 1.90 2.02 2.06 2.27 2.27 2.27 [+]
Terms of Trade 100.40 101 101 101 101 101 [+]
Capital Flows -45297.00 -55944 -56336 -64931 -65117 -65117 [+]
Tourist Arrivals 2057999.00 1860630 1823192 2050539 2050508 2050508 [+]
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 55306.00 52995 51896 52632 52632 52632 [+]
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 46.60 50.51 50.46 48.33 48.33 48.33 [+]
Industrial Production -3.70 -3.42 -4.5 0.23 0.46 0.75 [+]
Changes in Inventories -2559.00 -1137 -553 -1700 -1636 -1634 [+]
Bankruptcies 9428.00 7611 6972 9317 9326 9326 [+]
Car Registrations 3037.00 3323 3279 3291 3291 3291 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 106.00 108 108 107 107 106 [+]
Retail Sales YoY 0.80 -3 -5.5 4.96 4.96 4.96 [+]
Consumer Spending 367485.00 386737 367125 375091 375085 375085 [+]
Personal Savings 0.01 0.18 0.06 0.08 0.08 0.08 [+]
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 135.28 141 143 134 135 135 [+]
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 [+]