Hong Kong SAR, China Business Confidence Growth

2009 - 2023 | Quarterly | % Point | CEIC Data

Key information about Hong Kong SAR (China) Business Confidence Growth

  • Hong Kong SAR (China) Business Confidence grew 5.0 % in Mar 2023, compared with an increase of 3.0 % YoY in the previous quarter.
  • Hong Kong SAR (China) Business Confidence: YoY Change is updated quarterly, available from Mar 2009 to Mar 2023, with an averaged rate of -1.0 %.
  • The data reached an all-high of 72.0 % in Mar 2010 and a record low of -80.0 % in Mar 2009.

CEIC calculates Business Confidence Change from quarterly Business Situation Expectations. Census and Statistics Department provides Business Situation Expectations with range from -100 to 100 with neutral point 0. Business Confidence covers all sectors of the economy.

View Hong Kong SAR, China's Business Confidence Growth from Mar 2009 to Mar 2023 in the chart:

Hong Kong SAR, China Business Confidence Growth

What was Hong Kong SAR, China's Business Confidence Growth in Mar 2023?

Hong Kong SAR (China) Business Confidence grew 5.0 % in Mar 2023, compared with an increase of 3.0 % YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
5.0 Mar 2023 3.0 Dec 2022 -80.0 Mar 2009 72.0 Mar 2010 % Point quarterly Mar 2009 - Mar 2023

Business Confidence Growth by Country Comparison

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Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) -9.5 Dec 2022 quarterly Jun 2017 - Dec 2022
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) -18.0 Feb 2023 monthly Jul 2013 - Feb 2023
Austria (% Point) -12.0 Feb 2023 monthly Jan 1986 - Feb 2023
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -15.1 Feb 2023 monthly Jan 1981 - Feb 2023
Brazil (% Point) -11.6 Feb 2023 monthly Jan 2010 - Feb 2023
Bulgaria (% Point) 1.2 Feb 2023 monthly Jan 1994 - Feb 2023
Canada (% Point) -24.6 Feb 2023 monthly Dec 2001 - Feb 2023
Chile (% Point) -26.6 Feb 2023 monthly Nov 2004 - Feb 2023
China (% Point) 4.8 Feb 2023 monthly Jan 2006 - Feb 2023
Colombia (% Point) 0.0 Jan 2023 monthly Jan 1981 - Jan 2023
Croatia (% Point) 4.2 Feb 2023 monthly May 2009 - Feb 2023
Cyprus (% Point) -11.6 Feb 2023 monthly May 2003 - Feb 2023
Czech Republic (% Point) -9.8 Feb 2023 monthly Mar 1994 - Feb 2023
Denmark (% Point) -13.0 Feb 2023 monthly Jan 1999 - Feb 2023
Ecuador (%) 9.8 Dec 2022 monthly May 2008 - Dec 2022
Estonia (% Point) -27.7 Feb 2023 monthly May 2002 - Feb 2023
European Union (% Point) -13.2 Feb 2023 monthly Jan 1986 - Feb 2023
Finland (% Point) -27.5 Feb 2023 monthly Jan 1994 - Feb 2023
France (% Point) -14.1 Feb 2023 monthly Jan 1986 - Feb 2023
Georgia (% Point) 17.0 Mar 2023 quarterly Dec 2014 - Mar 2023
Germany (% Point) -21.0 Feb 2023 monthly Jan 1992 - Feb 2023
Ghana (%) -23.1 Dec 2022 monthly Dec 2013 - Dec 2022
Greece (% Point) -5.3 Feb 2023 monthly Jan 1986 - Feb 2023
Hong Kong SAR, China (% Point) 5.0 Mar 2023 quarterly Mar 2009 - Mar 2023
Hungary (% Point) -11.2 Feb 2023 monthly Jan 1997 - Feb 2023
Iceland (% Point) -80.8 Dec 2022 quarterly Dec 2003 - Dec 2022
India (% Point) -4.9 Mar 2023 quarterly Jun 2001 - Mar 2023
Indonesia (% Point) 3.0 Mar 2023 quarterly Mar 2011 - Mar 2023
Israel (% Point) 4.9 Feb 2023 monthly Jan 2016 - Feb 2023
Italy (% Point) -9.4 Feb 2023 monthly Jan 1986 - Feb 2023
Japan (% Point) -6.0 Mar 2023 quarterly Mar 2001 - Mar 2023
Kazakhstan (% Point) 1.0 Dec 2022 quarterly Mar 2009 - Dec 2022
South Korea (% Point) -27.0 Mar 2023 monthly Feb 2004 - Mar 2023
Latvia (% Point) -8.7 Feb 2023 monthly Apr 1994 - Feb 2023
Lithuania (% Point) -19.9 Feb 2023 monthly Apr 2004 - Feb 2023
Luxembourg (% Point) -23.2 Feb 2023 monthly Jan 1986 - Feb 2023
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) -36.1 Dec 2022 quarterly Mar 2004 - Dec 2022
Malta (% Point) -28.3 Feb 2023 monthly Nov 2003 - Feb 2023
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) -0.7 Feb 2023 monthly Jan 2005 - Feb 2023
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) -4.8 Feb 2023 monthly Jan 1986 - Feb 2023
New Zealand (% Point) -2.1 Feb 2023 monthly Aug 2003 - Feb 2023
Nigeria (% Point) -3.4 Aug 2022 monthly Jul 2015 - Aug 2022
Norway (% Point) -18.3 Feb 2023 monthly Feb 2005 - Feb 2023
Palestinian Territory (% Point) 16.8 Feb 2023 monthly Apr 2014 - Feb 2023
Peru (% Point) -6.0 Feb 2023 monthly Apr 2003 - Feb 2023
Philippines (% Point) -26.1 Dec 2022 quarterly Jun 2002 - Dec 2022
Poland (% Point) -3.4 Feb 2023 monthly Jul 2006 - Feb 2023
Portugal (% Point) -5.5 Feb 2023 monthly Jan 1988 - Feb 2023
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) -0.8 Feb 2023 monthly Jul 1992 - Feb 2023
Russia (% Point) 1.0 Feb 2023 monthly Jan 2006 - Feb 2023
Serbia (% Point) -4.2 Feb 2023 monthly May 2014 - Feb 2023
Singapore (% Point) -0.4 Feb 2023 monthly Jan 2000 - Feb 2023
Slovakia (% Point) -6.7 Feb 2023 monthly Jan 1994 - Feb 2023
Slovenia (% Point) -14.8 Feb 2023 monthly May 1996 - Feb 2023
South Africa (% Point) -18.9 Feb 2023 monthly Sep 2000 - Feb 2023
Spain (% Point) -10.4 Jan 2023 monthly Jan 1994 - Jan 2023
Sri Lanka (% Point) -35.8 Jan 2023 monthly May 2016 - Jan 2023
Sweden (% Point) -21.2 Feb 2023 monthly Jan 2002 - Feb 2023
Switzerland (% Point) -27.6 Feb 2023 monthly Jan 1996 - Feb 2023
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) 5.6 Feb 2023 monthly Feb 2000 - Feb 2023
Turkey (% Point) -7.5 Feb 2023 monthly Jan 2008 - Feb 2023
Ukraine (% Point) -35.7 Sep 2022 quarterly Sep 2013 - Sep 2022
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) -21.4 Feb 2023 monthly Jan 1949 - Feb 2023
Uruguay (% Point) -7.2 Jan 2023 monthly Oct 1999 - Jan 2023

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Hong Kong SAR, China Key Series

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Includes 220 key indicators for Hong Kong SAR, China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 Dec 2022 quarterly Sep 1999 - Dec 2022
Consolidated Fiscal Balance (USD mn) 7,804.166 Jan 2023 monthly Oct 1998 - Jan 2023
Tax Revenue (USD mn) 20,420.609 Dec 2022 quarterly Sep 1979 - Dec 2022
Tax Revenue: % of GDP (%) 21.6 Dec 2022 quarterly Sep 1979 - Dec 2022
National Government Debt (USD mn) 173,192.7 2022 yearly 2003 - 2022
Government Debt: % of GDP (%) 47.6 2022 yearly 2003 - 2022
Forecast: Government Expenditure (HKD bn) 879.080 2028 yearly 1982 - 2028
Forecast: Government Net Debt (HKD bn) 203.249 2028 yearly 2005 - 2028
Forecast: Government Revenue (HKD bn) 905.617 2028 yearly 1982 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.634 2027 yearly 1980 - 2027
Trade Balance (USD mn) -3,244.5 Jan 2023 monthly Jan 1957 - Jan 2023
Total Exports (USD mn) 37,203.3 Jan 2023 monthly Jan 1957 - Jan 2023
Total Exports Growth (%) -36.7 Jan 2023 monthly Jan 1953 - Jan 2023
Aluminum: Exports (USD th) 343,053.378 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 1,403,964.276 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 303,429.616 2021 yearly 1995 - 2021
Total Imports (USD mn) 40,447.8 Jan 2023 monthly Jan 1957 - Jan 2023
Total Imports Growth (%) -30.2 Jan 2023 monthly Jan 1953 - Jan 2023
Imports: Medicament (USD th) 2,439,488.300 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 592,852.824 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 2,899.661 Jan 2023 monthly Apr 1964 - Jan 2023
Total Imports from USA (USD mn) 1,588.353 Jan 2023 monthly Apr 1964 - Jan 2023
Total Exports to China (USD mn) 18,310.562 Jan 2023 monthly Apr 1964 - Jan 2023
Total Imports from China (USD mn) 16,714.611 Jan 2023 monthly Apr 1964 - Jan 2023
Exports: Electrical Machinery, Apparatus and Appliances (HKD mn) 129,986.480 Jan 2023 monthly Jan 1991 - Jan 2023
Exports: Office Machines & Automatic Data Processing Machines (HKD mn) 28,549.695 Jan 2023 monthly Jan 1991 - Jan 2023
Exports: General Industrial Machinery and Equipment nes (HKD mn) 2,026.365 Jan 2023 monthly Jan 1991 - Jan 2023
Exports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 40,525.538 Jan 2023 monthly Jan 1991 - Jan 2023
Exports: Road Vehicles, Including Air-Cruhion Vehicles (HKD mn) 303.026 Jan 2023 monthly Jan 1991 - Jan 2023
Imports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 38,397.392 Jan 2023 monthly Jan 1991 - Jan 2023
Imports: Office Machines & Automatic Data Processing Machines (HKD mn) 23,940.444 Jan 2023 monthly Jan 1991 - Jan 2023
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 19,227.2 Sep 2022 quarterly Mar 1999 - Sep 2022
Current Account Balance (USD mn) 14,922.3 Sep 2022 quarterly Mar 1999 - Sep 2022
Current Account Balance: % of GDP (%) 16.2 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Direct Investment (USD mn) 22,418.1 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Direct Investment: % of GDP (%) 24.3 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Portfolio Investment (USD mn) 206.287 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Portfolio Investment: % of GDP (%) 0.2 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -49.4 Sep 2022 quarterly Mar 1999 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 255.724 Sep 2022 quarterly Mar 1999 - Sep 2022
External Debt (USD mn) 1,822,962.0 Sep 2022 quarterly Mar 2001 - Sep 2022
External Debt: % of GDP (%) 508.8 2021 yearly 2001 - 2021
External Debt: Short Term (USD mn) 1,171,815.2 Sep 2022 quarterly Mar 2001 - Sep 2022
External Debt: Short Term: % of GDP (%) 334.8 2021 yearly 2001 - 2021
Forecast: Current Account Balance (USD bn) 17.078 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 1,651,965.146 Sep 2022 quarterly Mar 2010 - Sep 2022
BoP: FA: Portfolio Investment (PI) (HKD mn) -239,172.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Goods (HKD mn) 15,292.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Goods: Debit (HKD mn) -1,213,254.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Net Errors and Omissions (HKD mn) 32,591.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: PInc: Debit (HKD mn) -417,378.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Current Account (CA) (HKD mn) 117,115.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: DI: Assets (AS) (HKD mn) -150,901.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Capital Account (HKD mn) -89.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Current Account: Credit (HKD mn) 1,882,639.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CFA: Reserve Assets (HKD mn) 159,808.000 Jun 2022 quarterly Mar 1999 - Jun 2022
BoP: CA: Secondary Income (SInc) (HKD mn) -3,792.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: Other investment (OI) (HKD mn) -128,804.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Services: Debit (HKD mn) -120,317.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: FD: Liabilities (HKD mn) -235,036.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: Financial Derivatives (FD) (HKD mn) 56,206.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Overall Balance (HKD mn) -138,386.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: PInc: Credit (HKD mn) 480,225.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Current Account: Debit (HKD mn) -1,766,800.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: OI: Assets (HKD mn) -94,759.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Capital Account: Debit (HKD mn) -92.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: Direct Investment (DI) (HKD mn) 25,043.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: DI: Liabilities (LB) (HKD mn) 175,944.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Services: Credit (HKD mn) 163,085.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: FD: Assets (HKD mn) 291,243.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: SInc: Debit (HKD mn) -8,105.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Capital Account: Credit (HKD mn) 3.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: PI: Liabilities (LB) (HKD mn) 1,619.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Services (HKD mn) 42,768.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: Financial Account (FA) (HKD mn) -148,341.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: OI: Liabilities (HKD mn) -34,044.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: SInc: Credit (HKD mn) 4,312.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Primary Income (PInc) (HKD mn) 62,848.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: FA: PI: Assets (AS) (HKD mn) -240,791.000 Sep 2022 quarterly Mar 1999 - Sep 2022
BoP: CA: Goods: Credit (HKD mn) 1,228,546.000 Sep 2022 quarterly Mar 1999 - Sep 2022
International Investment Position (IIP): Assets (HKD mn) 46,499,778.000 Sep 2022 quarterly Mar 2010 - Sep 2022
IIP: Net (HKD mn) 12,967,596.000 Sep 2022 quarterly Mar 2010 - Sep 2022
IIP: Liabilities (HKD mn) 33,532,182.000 Sep 2022 quarterly Mar 2010 - Sep 2022
External Debt (ED): Total (HKD mn) 14,309,887.000 Sep 2022 quarterly Mar 2002 - Sep 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.4 Dec 2022 quarterly Mar 1997 - Dec 2022
Household Debt: % of GDP (%) 95.5 Dec 2022 quarterly Mar 1982 - Dec 2022
Money Supply M1 (USD mn) 224,952.097 Jan 2023 monthly Jan 1985 - Jan 2023
Money Supply M2 (USD mn) 2,137,812.879 Jan 2023 monthly Dec 1980 - Jan 2023
M2 Growth (%) 0.5 Jan 2023 monthly Dec 1981 - Jan 2023
Foreign Exchange Reserves (USD mn) 436,416.0 Jan 2023 monthly Apr 2000 - Jan 2023
Foreign Exchange Reserves: % of GDP (%) 117.413 Dec 2022 quarterly Jun 2000 - Dec 2022
Foreign Exchange Reserves: Months of Import (NA) 10.8 Jan 2023 monthly Apr 2000 - Jan 2023
Gold Reserves (USD mn) 127.000 Jan 2023 monthly Dec 1990 - Jan 2023
Total Deposits (USD mn) 1,994,990.160 Jan 2023 monthly Jan 1991 - Jan 2023
Total Deposits Growth (%) 0.4 Jan 2023 monthly Jan 1992 - Jan 2023
Domestic Credit (USD mn) 875,922.9 Sep 2018 monthly Dec 1990 - Sep 2018
Domestic Credit Growth (%) 9.3 Sep 2018 monthly Dec 1991 - Sep 2018
Debt Service Ratio: Private Non-Financial Sector (%) 32.700 Sep 2022 quarterly Mar 1999 - Sep 2022
Credit to Households (USD bn) 343.182 Sep 2022 quarterly Dec 1990 - Sep 2022
Credit to Private Non-Financial Sector (USD bn) 1,392.896 Jun 2022 quarterly Dec 1978 - Jun 2022
Household Debt (USD mn) 346,191.9 Dec 2022 quarterly Mar 1982 - Dec 2022
Total Loans (USD mn) 1,365,507.944 Jan 2023 monthly Dec 1978 - Jan 2023
Total Loans Growth (%) -2.56 Jan 2023 monthly Dec 1979 - Jan 2023
Private Debt: % of Nominal GDP (%) 223.34 Dec 2022 quarterly Dec 1973 - Dec 2022
Deposits: Renminbi: Total Outstandings (RMB mn) 554,316.75 Mar 2018 monthly Feb 2004 - Mar 2018
HK: Loans & Advances: Total (HKD mn) 9,652,390.44 Mar 2018 monthly Dec 1978 - Mar 2018
HK: Residential Mortgage: Value: New Loans Made (HKD mn) 29,750.00 Mar 2018 monthly Dec 2000 - Mar 2018
HK: Residential Mortgage: Value: Outstanding Loans (OL) (HKD mn) 1,228,442.00 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.0 Mar 2023 quarterly Mar 2009 - Mar 2023
BTS: Expected Changes: BS: sa: Retail (%) 12.000 Mar 2023 quarterly Mar 2008 - Mar 2023
BTS: Expected Changes: Business Situation (BS): sa (%) 6.000 Mar 2023 quarterly Mar 2008 - Mar 2023

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