Hong Kong: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -1.1 percent as of Q3 2024, a decline compared to the previous value of 0.3 percent. Historically, the average for Hong Kong from Q1 1990 to Q3 2024 is 0.77 percent. The minimum of -4.8 percent was recorded in Q1 2020, while the maximum of 6.6 percent was reached in Q1 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Census and Statistics Department Hong Kong
| Recent values | Hong Kong: Economic growth, quarterly |
|---|---|
| 2024 Q3 | -1.1 |
| 2024 Q2 | 0.3 |
| 2024 Q1 | 2.5 |
| 2023 Q4 | 0.2 |
| 2023 Q3 | 0.2 |
| 2023 Q2 | 0 |
| 2023 Q1 | 4.1 |
| 2022 Q4 | 0 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 3.22 | 2023 | percent |
| GDP, constant dollars | 328.2 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 382.05 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 50,696.59 | 2023 | U.S. dollars |
| GDP per capita, PPP | 64,431 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 43,548.25 | 2023 | U.S. dollars |
| Economic growth, quarterly | 1.80 | Q3/2024 | percent |
| Economic growth Q-on-Q | -1.10 | Q3/2024 | percent |
| Gross Domestic Product (GDP) | 812.33 | Q3/2024 | billion |