Building permits in Hong Kong, February 2003 - January 2021
The data series span the period from February 2003 to January 2021.
During that time, the average value for Hong Kong was
41 building permits with a minumum of 15 building permits
in February 2020 and a maximum of 71 building permits in July 2003.
The latest number is 32, a change of -28.89% from the previous data point of
45 building permits and a change of 23.08% from a year ago when the level was
26 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
* indicates monthly or quarterly data series
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.