Base Rate in Hong Kong
The Base Rate ended 2022 at 4.75%, up from the 0.50% end-2021 value and significantly higher than the reading of 0.50% a decade earlier. For reference, the average Base Rate in the Asia-Pacific was 3.70% at the end of 2022. For more interest rate information, visit our dedicated page.
Hong Kong Interest Rate Chart
Hong Kong Interest Rate Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Base Rate (%, eop) | 2.49 | 0.50 | 0.50 | 4.75 | 5.75 |
91-Day HIBOR (%, eop) | 2.43 | 0.35 | 0.26 | 4.99 | 5.15 |
10-Year Bond Yield (%, eop) | 1.80 | 0.75 | 1.50 | 3.63 | 3.23 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Hong Kong interest rate projections for the next ten years from a panel of 9 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable interest rate forecast available for Hong Kong interest rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Hong Kong interest rate projections.
Want to get access to the full dataset of Hong Kong interest rate forecasts? Send an email to info@focus-economics.com.