Hong Kong: Building permits

(measure: building permits, source: Buildings Department of Hong Kong)
* indicates monthly or quarterly data series

Building permits in Hong Kong, March, 2020: The data series span the period from February 2003 to March 2020. During that time, the average value for Hong Kong was 41 building permits with a minumum of 13 building permits in February 2020 and a maximum of 71 building permits in July 2003. The latest number is 42, a change of 223.08% from the previous data point of 13 building permits and a change of 20% from a year ago when the level was 35 building permits.

The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown. See more information about that indicator on our Building permits page.
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Measure: building permits
Source: Buildings Department of Hong Kong

Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.
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