Converter Hong Kong Dollar (exchange rate HKD)

Hong Kong Dollar

• iso 4217: HKD
• Hong Kong (Asia)

Hong Kong GDP Growth Rate

The Gross Domestic Product (GDP) in Hong Kong expanded 0.4 percent in the first quarter of 2012 over the previous quarter. Historically, from 1990 until 2011, Hong Kong's average quarterly GDP Growth was 1.02 percent reaching an historical high of 6.30 percent in September of 2003 and a record low of -3.60 percent in March of 2009. Hong Kong along with Singapore, South Korea and Taiwan is one of the Four Asian Tigers. Hong Kong has a free market economy highly dependent on international trade and finance, which has left it heavily exposed to the global economic slowdown that began in 2008. The total value of goods and services trade, including the sizable share of re-exports, is equivalent to more than 400% of GDP. This page includes: Hong Kong GDP Growth Rate chart, historical data, forecasts and news. Data is also available for Hong Kong GDP Annual Growth Rate, which measures growth over a full economic year.

source: Census & Statistics Department

Hong Kong GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Hong Kong expanded 0.4 percent in the first quarter of 2012 over the same quarter, previous year. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 1974 until 2011, Hong Kong's average annual GDP Growth was 5.70 percent reaching an historical high of 20.70 percent in December of 1976 and a record low of -8.10 percent in September of 1998. This page includes: Hong Kong GDP Annual Growth Rate chart, historical data, forecasts and news. Data is also available for Hong Kong GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Census & Statistics Department

Hong Kong Balance of Trade

Hong Kong reported a trade deficit equivalent to 44 Billion HKD in March of 2012. Hong Kong is the world's 11th largest trading entity, with the total value of imports and exports exceeding its gross domestic product. The main exports are: clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, and precious stones. Hong Kong’s main imports are commodities: foodstuffs, transport equipment, raw materials, semi manufactures, petroleum; a large share of which is re-exported. Main trading partners are: China, European Union, The United States and Japan. This page includes: Hong Kong Balance of Trade chart, historical data and news.

source: Census & Statistics Department

Hong Kong Exports

Hong Kong exports were worth 262 Billion HKD in March of 2012. Hong Kong is the world's 11th largest trading entity, with the total value of imports and exports exceeding its gross domestic product. The main exports are: clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, and precious stones. Hong Kong main export partners are: China, European Union, USA and Japan. This page includes: Hong Kong Exports chart, historical data and news.

source: Census & Statistics Department

Hong Kong Imports

Hong Kong imports were worth 306 Billion HKD in March of 2012. Hong Kong’s main imports are commodities: foodstuffs, transport equipment, raw materials, semi manufactures, petroleum; a large share of which is re-exported. Main import partners are: China, Japan, Taiwan, European Union and Singapore. This page includes: Hong Kong Imports chart, historical data and news.

source: Census & Statistics Department

Hong Kong Inflation Rate

The inflation rate in Hong Kong was last reported at 4.9 percent in March of 2012. From 1981 until 2010, the average inflation rate in Hong Kong was 4.63 percent reaching an historical high of 16.00 percent in October of 1981 and a record low of -6.10 percent in August of 1999. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: Hong Kong Inflation Rate chart, historical data and news.

source: Census & Statistics Department

Hong Kong Unemployment Rate

The unemployment rate in Hong Kong was reported at 3.4 percent from January of 2012 to March of 2012. From 1981 until 2010, Hong Kong's Unemployment Rate averaged 3.77 percent reaching an historical high of 8.60 percent in June of 2003 and a record low of 1.00 percent in July of 1989. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: Hong Kong Unemployment Rate chart, historical data and news.

source: Census & Statistics Department

Hong Kong Annual Retail Sales

Retail Sales in Hong Kong increased 15.7 percent in February of 2012 over the previous year. From 2005 until 2011, Hong Kong's average Retail Sales was 11.94 percent reaching an historical high of 35.80 percent in February of 2010 and a record low of -12.70 percent in February of 2009. This page includes a chart with historical data for Hong Kong's Retail Sales.

source: Censtatd

Hong Kong Interest Rate

The benchmark interest rate in Hong Kong was last reported at 0.50 percent. In Hong Kong the interest rates decisions are taken by the Hong Kong Monetary Authority (HKMA). The main interest rate is base rate, adjusted with accordance to the Hong Kong dollar’s demand or supply. From 1998 until 2010, Hong Kong's average interest rate was 4.64 percent reaching an historical high of 8.00 percent in May of 2000 and a record low of 0.50 percent in December of 2008. This page includes: Hong Kong Interest Rate chart, historical data and news.

source: HK Monetary Authority

Hong Kong Industrial Production

Industrial Production in Hong Kong declined 2.2 percent in the fourth quarter of 2011. Industrial production measures changes in output for the industrial sector of the economy which includes manufacturing, mining, and utilities. Industrial Production is an important indicator for economic forecasting and is often used to measure inflation pressures as high levels of industrial production can lead to sudden changes in prices. From 2006 until 2010, Hong Kong's industrial production averaged -3.21 percent reaching an historical high of 7.10 percent in March of 2006 and a record low of -10.60 percent in December of 2008. This page includes: Hong Kong Industrial Production chart, historical data and news.

source: Census & Statistics Department

Hong Kong Current Account to GDP

The Current Account in Hong Kong was last reported at 5.1 percent of GDP. From 1980 until 2010, Hong Kong's average Current Account as percent of GDP was 4.87 percent reaching an historical high of 13.70 percent in December of 2008 and a record low of -6.30 percent in December of 1995. Usually, when Hong Kong records a strong current account, its Gross Domestic Product expands boosted by exports revenues. Also, Hong Kong's exchange rate appreciates as investors begin to expect higher interest rates going forward. However, when Hong Kong reports a stronger than expected current account to GDP, it may also lead to economic overheating and a general rise in prices, also known as inflation, which will make Hong Kong's products less competitive when sold abroad. This page includes a chart with historical data for Hong Kong's Current Account as a percent of GDP.

source:

Hong Kong Current Account

Hong Kong reported a current account surplus equivalent to 20.1 Billion HKD in the fourth quarter of 2011. Hong Kong is the world's 11th largest trading entity, with the total value of imports and exports exceeding its gross domestic product. The main exports are: clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, and precious stones. Hong Kong’s main imports are commodities: foodstuffs, transport equipment, raw materials, semi manufactures, petroleum; a large share of which is re-exported. Main trading partners are: China, European Union, The United States and Japan. This page includes: Hong Kong Current Account chart, historical data and news.

source: Census & Statistics Department

Hong Kong GDP per capita

The GDP per capita in Hong Kong was last reported at 35537 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Hong Kong standed at 33526 US dollars in December of 2009. The GDP per capita in Hong Kong is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, Hong Kong's average GDP Per Capita was 16541.91 dollars reaching an historical high of 35537.08 dollars in December of 2010 and a record low of 3079.77 dollars in December of 1960. This page includes a chart with historical data for Hong Kong's GDP Per Capita.

source: World Bank

Hong Kong GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in Hong Kong was last reported at 46503 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in Hong Kong standed at 43518 US dollars in December of 2009. The GDP per capita PPP in Hong Kong is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, Hong Kong's average GDP per capita PPP was 23274.12 dollars reaching an historical high of 46503.04 dollars in December of 2010 and a record low of 6660.52 dollars in December of 1980. This page includes a chart with historical data for Hong Kong's GDP per capita PPP.

source: World Bank

Hong Kong Government Budget

Hong Kong reported a government budget surplus equivalent to 4.1 percent of the Gross Domestic Product (GDP) in 2010/11 fiscal year. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: Hong Kong Government Budget chart, historical data and news.

source: GovHK, ADB

Hong Kong Population

The total population in Hong Kong was last reported at 7.1 million people in 2010 from 3.1 million in 1960, changing 131 percent during the last 50 years. Hong Kong has 0.10 percent of the world´s total population which means that one person in every 972 people on the planet is a resident of Hong Kong. This page includes a chart with historical data for Hong Kong's Total Population.

source: World Bank

Hong Kong Government Debt To GDP

The Government Debt in Hong Kong was last reported at 4.8 percent of the country´s GDP. From 2005 until 2010, Hong Kong's average Government Debt to GDP was 2.53 percent reaching an historical high of 4.80 percent in December of 2010 and a record low of 1.30 percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure Hong Kong's ability to make future payments on its debt, thus affecting Hong Kong's borrowing costs and government bond yields. This page includes a chart with historical data for Hong Kong's General Government Gross Debt as a percent of GDP.

source: International Monetary Fund

datas from tradingeconomics.com

17 May 2012 ► Converter Hong Kong Dollar ► Free online currency conversion based on exchange rates. Currency converter