Current Account in Hong Kong

Hong Kong Current Account | Economic News & Forecasts

Hong Kong - Current Account

The economic environment has markedly deteriorated as pro-democracy protests headed into their third month in August. Tensions have ramped up between protestors and police, disrupting economic activity in various sectors, notably including bringing the Hong Kong International Airport to a standstill on 12–13 August. The situation remains tense and the unrest is poised to continue rocking sentiment and generating uncertainty. Against this backdrop, the government unveiled a nearly USD 2.5 billion stimulus package on 15 August, which includes tax cuts and extra spending to bolster the economy. Meanwhile, the latest available economic data is downbeat: GDP growth lost steam in the second quarter, partly due to plummeting fixed investment, and the PMI dropped to an over decade-low in July.

Hong Kong - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)1.5  1.4  3.3  4.0  4.7  

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Hong Kong Current Account Chart

Hong Kong Current Account
Note: Current account balance as % of GDP.
Source: Census and Statistics Department Hong Kong and FocusEconomics calculations.

Hong Kong Facts

Bond Yield1.043.38 %Sep 04
Exchange Rate7.84-0.11 %Sep 04
Stock Market26,523-1.92 %Sep 04

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