Hong Kong Current Account Surplus Widens in Q1

Hong Kong’s current account surplus widened to HKD 125.2 billion in the first quarter of 2025 from HKD 95.3 billion in the same period a year earlier, driven primarily by a larger primary income surplus and stronger services trade.

The primary income surplus rose notably to HKD 79.7 billion from HKD 61.3 billion, while the services account surplus increased to HKD 54.9 billion from HKD 44.7 billion.

The goods account deficit narrowed to HKD 3.0 billion from HKD 6.2 billion.

In contrast, the secondary income deficit widened to HKD 6.4 billion from HKD 4.5 billion a year earlier.