Hk Economic Data

Focuseconomics panel projects the economy to rebound and grow 4 6 in 2021 which is up 0 4 percentage points from the previous month s forecast.

Hk economic data. Hong kong s economy contracted by 9 in the second quarter compared to a year ago official statistics showed friday. This article presents estimates of an equivalence scale for hong kong with consumption data from the 2014 15 household expenditure survey hes. According to world trade organization wto hong kong is the world s 8th largest exporter of merchandise trade and the world s 17th largest exporter of commercial services in 2019.

The hong kong government also downgraded its forecast for the economy. Hong kong is the world s freest economy. Based on these estimates international equivalence scales such as the modified oecd scale and the square root scale appear to overstate the degree of economies of scale in local household consumption.

Economic indicators for hong kong including actual values historical data charts an economic calendar time series statistics business news long term forecasts and short term predictions for hong kong economy. It is one of the most services oriented economy in the world with services sectors accounting for 93 1 of the gdp in 2018.