Hong Kong

Nominal GDP for China was HK$2,867bn in 2021, down from HK$2,689bn in 2020. The Hong Kong population was estimated at 7.5m in 2021 according to the IMF, while China is Hong Kong’s biggest trading partner.

Variables Surveyed for Hong Kong

Variables covered in our monthly analysis of Hong Kong include:

  • Gross Domestic Product
  • Private Consumption
  • Gross Fixed Investment
  • Consumer Prices
  • Money Supply
  • Unemployment Rate
  • Re-Exports
  • Merchandise Exports
  • Merchandise Imports
  • Trade Balance
  • Goods and Services Balance
  • Consolidated Budget Balance
  • Interest Rates
  • Hong Kong dollar Forecasts

Consensus Forecasts for Hong Kong

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Asian Development Bank, Government of Hong Kong, and IMF. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Asia Pacific Conensus Forecasts, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Hong Kong on topics such as:

Main Data Sources for Hong Kong

  • Census and Statistics Department: The Census and Statistics Department strive to provide relevant, timely and reliable official statistics in accordance with international standards and statistical principles.
  • Hong Kong Monetary Authority: The Hong Kong Monetary Authority (HKMA) is Hong Kong’s central banking institution. It was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.