Hong Kong GDP Growth Rate
The Gross Domestic Product (GDP) in Hong Kong expanded 0.20 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Hong Kong averaged 0.97 Percent from 1990 until 2014, reaching an all time high of 6.30 Percent in the third quarter of 2003 and a record low of -3.40 Percent in the first quarter of 2009. GDP Growth Rate in Hong Kong is reported by the Census and Statistics Department, Hong Kong.
||1990 - 2014
Hong Kong has an export oriented economy and in spite of small size is the 9th largest trading entity in the world. Since 2000, the economy grew at an average of 0.99 percent quarter-on-quarter, boosted by international trade. Indeed, as Hong Kong became a platform between Chinese companies and importers from all around the world, the value of goods and services exchanged reached four times the GDP. Yet, the high reliance on exports and tight housing supply conditions are the main treats to future growth. This page provides - Hong Kong GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.