http://www.tradingeconomics.com/RSS Feed60http://www.tradingeconomics.com/hong-kong/inflation-cpiThe inflation rate in Hong Kong was recorded at 4.70 percent in April of 2012. Historically, from 1981 until 2012, Hong Kong Inflation Rate averaged 4.6200 Percent reaching an all time high of 16.0000 Percent in October of 1981 and a record low of -6.1000 Percent in August of 1999. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Hong Kong Inflation Rate.Census & Statistics DepartmentFri, 25 May 2012 13:34:00 GMThttp://www.tradingeconomics.com/hong-kong/balance-of-tradeHong Kong reported a trade deficit equivalent to 43 Billion HKD in April of 2012. Historically, from 1952 until 2012, Hong Kong Balance of Trade averaged -4.1200 Billion HKD reaching an all time high of 7.2300 Billion HKD in January of 2009 and a record low of -48.9100 Billion HKD in December of 2011. Hong Kong is the world's 11th largest trading entity, with the total value of imports and exports exceeding its gross domestic product. The main exports are: clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, and precious stones. Hong Kong’s main imports are commodities: foodstuffs, transport equipment, raw materials, semi manufactures, petroleum; a large share of which is re-exported. Main trading partners are: China, European Union, The United States and Japan. This page includes a chart with historical data for Hong Kong Balance of Trade.Census & Statistics DepartmentThu, 24 May 2012 15:47:00 GMThttp://www.tradingeconomics.com/hong-kong/importsHong Kong imports were worth 309 Billion HKD in April of 2012. Historically, from 1952 until 2012, Hong Kong Imports averaged 63.6200 Billion HKD reaching an all time high of 344.6600 Billion HKD in August of 2011 and a record low of 0.2300 Billion HKD in February of 1954. Hong Kong’s main imports are commodities: foodstuffs, transport equipment, raw materials, semi manufactures, petroleum; a large share of which is re-exported. Main import partners are: China, Japan, Taiwan, European Union and Singapore. This page includes a chart with historical data for Hong Kong Imports.Census & Statistics DepartmentThu, 24 May 2012 15:47:00 GMThttp://www.tradingeconomics.com/hong-kong/exportsHong Kong exports were worth 266 Billion HKD in April of 2012. Historically, from 1952 until 2012, Hong Kong Exports averaged 59.5000 Billion HKD reaching an all time high of 309.8900 Billion HKD in August of 2011 and a record low of 0.1700 Billion HKD in August of 1953. Hong Kong is the world's 11th largest trading entity, with the total value of imports and exports exceeding its gross domestic product. The main exports are: clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, and precious stones. Hong Kong main export partners are: China, European Union, USA and Japan. This page includes a chart with historical data for Hong Kong Exports.Census & Statistics DepartmentThu, 24 May 2012 15:46:00 GMThttp://www.tradingeconomics.com/hong-kong/government-debt-to-gdpHong Kong recorded a Government Debt to GDP of 33.90 percent of the country's Gross Domestic Product in 2011. Historically, from 1988 until 2011, Hong Kong Government Debt To GDP averaged 25.0500 Percent reaching an all time high of 34.6000 Percent in December of 2010 and a record low of 13.7000 Percent in December of 1992. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page includes a chart with historical data for Hong Kong Government Debt To GDP.International Monetary Fund Tue, 22 May 2012 18:34:00 GMThttp://www.tradingeconomics.com/hong-kong/government-budgetHong Kong reported a Government Budget surplus equal to 3.50 percent of the country's Gross Domestic Product in 2011. Historically, from 1999 until 2011, Hong Kong Government Budget averaged 0.7200 Percent of GDP reaching an all time high of 8.6000 Percent of GDP in December of 2007 and a record low of -6.2600 Percent of GDP in December of 2002. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Hong Kong Government Budget.GovHK, ADBTue, 22 May 2012 18:12:00 GMThttp://www.tradingeconomics.com/hong-kong/current-account-to-gdpHong Kong reported a Current Account surplus of 5.30 percent of the country's Gross Domestic Product in 2011. Historically, from 1980 until 2011, Hong Kong Current Account to GDP averaged 4.8500 Percent reaching an all time high of 13.7000 Percent in December of 2008 and a record low of -6.3000 Percent in December of 1995. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page includes a chart with historical data for Hong Kong Current Account to GDP.Tue, 22 May 2012 17:46:00 GMThttp://www.tradingeconomics.com/hong-kong/unemployment-rateThe unemployment rate in Hong Kong was reported at 3.4 percent from January of 2012 to March of 2012. Historically, from 1981 until 2012, Hong Kong Unemployment Rate averaged 3.7600 Percent reaching an all time high of 8.6000 Percent in June of 2003 and a record low of 1.0000 Percent in July of 1989. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Hong Kong Unemployment Rate.Census & Statistics DepartmentThu, 17 May 2012 11:24:00 GMThttp://www.tradingeconomics.com/hong-kong/gdp-growthThe Gross Domestic Product (GDP) in Hong Kong expanded 0.40 percent in the first quarter of 2012 over the previous quarter. Historically, from 1990 until 2012, Hong Kong GDP Growth Rate averaged 0.9900 Percent reaching an all time high of 6.3000 Percent in September of 2003 and a record low of -3.5000 Percent in March of 2009. The Gross Domestic Product (GDP) growth rate provides an aggregated measure of changes in value of the goods and services produced by an economy. Hong Kong along with Singapore, South Korea and Taiwan is one of the Four Asian Tigers. Hong Kong has a free market economy highly dependent on international trade and finance, which has left it heavily exposed to the global economic slowdown that began in 2008. The total value of goods and services trade, including the sizable share of re-exports, is equivalent to more than 400% of GDP. This page includes a chart with historical data for Hong Kong GDP Growth Rate.Census & Statistics DepartmentFri, 11 May 2012 12:08:00 GMThttp://www.tradingeconomics.com/hong-kong/gdp-growth-annualThe Gross Domestic Product (GDP) in Hong Kong expanded 0.40 percent in the first quarter of 2012 over the same quarter of the previous year. Historically, from 1974 until 2012, Hong Kong GDP Annual Growth Rate averaged 5.6500 Percent reaching an all time high of 20.7000 Percent in December of 1976 and a record low of -8.1000 Percent in September of 1998. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for Hong Kong GDP Annual Growth Rate.Census & Statistics DepartmentFri, 11 May 2012 12:06:00 GMThttp://www.tradingeconomics.com/hong-kong/retail-sales-annualRetail Sales in Hong Kong increased 15.70 percent in February of 2012 over the same month in the previous year. Historically, from 2005 until 2012, Hong Kong Annual Retail Sales averaged 12.3200 Percent reaching an all time high of 35.8000 Percent in February of 2010 and a record low of -12.7000 Percent in February of 2009. A Retail sales report provides an aggregated measure of sales of retail goods over a specific time period. Retail sales are both seasonal and volatile and their importance to the overall gross domestic product varies with each country. However, the retail sales data is widely followed by investors because is only a few weeks old. This page includes a chart with historical data for Hong Kong Annual Retail Sales.CenstatdMon, 02 Apr 2012 13:24:00 GMThttp://www.tradingeconomics.com/hong-kong/interest-rateThe benchmark interest rate in Hong Kong was last reported at 0.50 percent. Historically, from 1998 until 2012, Hong Kong Interest Rate averaged 4.2800 Percent reaching an all time high of 8.0000 Percent in May of 2000 and a record low of 0.5000 Percent in December of 2008. In Hong Kong the interest rates decisions are taken by the Hong Kong Monetary Authority (HKMA). The main interest rate is base rate, adjusted with accordance to the Hong Kong dollar’s demand or supply. This page includes a chart with historical data for Hong Kong Interest Rate.HK Monetary AuthorityMon, 02 Apr 2012 13:19:00 GMThttp://www.tradingeconomics.com/hong-kong/industrial-productionIndustrial Production in Hong Kong decreased 2.20 percent in December of 2011. Historically, from 2006 until 2011, Hong Kong Industrial Production averaged -1.5700 Percent reaching an all time high of 7.1000 Percent in March of 2006 and a record low of -10.6000 Percent in December of 2008. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. This page includes a chart with historical data for Hong Kong Industrial Production.Census & Statistics DepartmentMon, 02 Apr 2012 13:16:00 GMThttp://www.tradingeconomics.com/hong-kong/current-accountHong Kong reported a current account surplus equivalent to 20.1 Billion HKD in the fourth quarter of 2011. Historically, from 1999 until 2011, Hong Kong Current Account averaged 31.8000 Billion HKD reaching an all time high of 86.0300 Billion HKD in December of 2008 and a record low of -5.1600 Billion HKD in June of 2010. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page includes a chart with historical data for Hong Kong Current Account.Census & Statistics DepartmentThu, 22 Mar 2012 12:21:00 GMThttp://www.tradingeconomics.com/hong-kong/gdp-per-capitaThe Gross Domestic Product per capita in Hong Kong was last reported at 35537.08 US dollars in 2010, according to a report published by the World Bank. The GDP per Capita in Hong Kong is equivalent to 287 percent of the world's average. Historically, from 1960 until 2010, Hong Kong GDP per capita averaged 16541.9100 USD reaching an all time high of 35537.0800 USD in December of 2010 and a record low of 3079.7700 USD in December of 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page includes a chart with historical data for Hong Kong GDP per capita.World BankWed, 04 Jan 2012 19:04:00 GMThttp://www.tradingeconomics.com/hong-kong/gdp-per-capita-pppThe Gross Domestic Product per capita in Hong Kong was last reported at 46503.04 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Hong Kong, when adjusted by Purchasing Power Parity is equivalent to 212 percent of the world's average. Historically, from 1980 until 2010, Hong Kong GDP per capita PPP averaged 23274.1200 USD reaching an all time high of 46503.0400 USD in December of 2010 and a record low of 6660.5200 USD in December of 1980. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Hong Kong GDP per capita PPP.World BankWed, 04 Jan 2012 19:02:00 GMThttp://www.tradingeconomics.com/hong-kong/population Historically, from 1960 until 2010, Hong Kong Population averaged 5.2900 Million reaching an all time high of 7.1000 Million in December of 2010 and a record low of 3.0800 Million in December of 1960. The total population in Hong Kong was last reported at 7.1 million people in 2010 from 3.1 million in 1960, changing 131 percent during the last 50 years. Hong Kong has 0.10 percent of the world´s total population which means that one person in every 972 people on the planet is a resident of Hong Kong. This page includes a chart with historical data for Hong Kong's Total Population. This page includes a chart with historical data for Hong Kong Population.World BankFri, 28 Oct 2011 13:56:00 GMT