Hong Kong Real GDP Growth
The Gross Domestic Product (GDP) in Hong Kong SAR (China) contracted 3.4 % YoY in Sep 2020, following a negative growth of 8.9 % in the previous quarter. Real GDP Growth YoY data in Hong Kong SAR (China) is updated quarterly, available from Mar 1991 to Sep 2020, with an average rate of 3.6 %. The data reached an all-time high of 12.3 % in Jun 2004 and a record low of -9.1 % in Mar 2020. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. Census and Statistics Department provides Real GDP in local currency, at chain linked 2018 prices.
In the latest reports, Nominal GDP of Hong Kong SAR (China) reached 90.1 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) increased 1.0 % in Jun 2020. GDP Per Capita in Hong Kong SAR (China) reached 48,718.5 USD in Dec 2019. Its Gross Savings Rate was measured at 24.4 % in Jun 2020.
View Hong Kong's Real GDP Growth from Mar 1991 to Sep 2020 in the chart:
What was Hong Kong's Real GDP Growth in Sep 2020?
|-3.4 Sep 2020||-8.9 Jun 2020||-9.1 Mar 2020||12.3 Jun 2004||%||quarterly||Mar 1991 - Sep 2020|
Real GDP Growth by Country Comparison
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|Albania (%)||-11.0 Jun 2020||quarterly||Mar 2010 - Jun 2020|
|Algeria (%)||-3.9 Mar 2020||quarterly||Mar 2012 - Mar 2020|
|Argentina (%)||-19.8 Jun 2020||quarterly||Mar 2005 - Jun 2020|
|Armenia (%)||-9.1 Sep 2020||quarterly||Mar 2001 - Sep 2020|
|Australia (%)||-6.3 Jun 2020||quarterly||Sep 1960 - Jun 2020|
|Austria (%)||-14.5 Jun 2020||quarterly||Mar 1989 - Jun 2020|
|Azerbaijan (%)||0.2 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||-8.9 Jun 2020||quarterly||Mar 2009 - Jun 2020|
|Bangladesh (%)||5.2 2020||yearly||2007 - 2020|
|Belarus (%)||-3.3 Jun 2020||quarterly||Mar 2006 - Jun 2020|
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Hong Kong Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-7.1 Sep 2020||quarterly||Sep 1999 - Sep 2020|
|Consolidated Fiscal Balance (USD mn)||-6,091.742 Sep 2020||monthly||Oct 1998 - Sep 2020|
|Tax Revenue (USD mn)||6,688.458 Sep 2020||quarterly||Sep 1979 - Sep 2020|
|Tax Revenue: % of GDP (%)||7.4 Sep 2020||quarterly||Sep 1979 - Sep 2020|
|National Government Debt (USD mn)||152,334.7 2020||yearly||2003 - 2020|
|Government Debt: % of GDP (%)||41.9 2020||yearly||2003 - 2020|
|Forecast: Government Expenditure (HKD bn)||775.614 2025||yearly||1981 - 2025|
|Forecast: Government Net Debt (HKD bn)||0.000 2025||yearly||2001 - 2025|
|Forecast: Government Revenue (HKD bn)||780.328 2025||yearly||1981 - 2025|
|Debts: Outstanding: Government (HKD mn)||7,751.000 Nov 2020||monthly||May 2004 - Nov 2020|
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