Hong Kong recorded a Current Account surplus of 6.60 percent of the country's Gross Domestic Product in 2020. source: Census and Statistics Department, Hong Kong

Current Account to GDP in Hong Kong averaged 4.78 percent from 1980 until 2020, reaching an all time high of 15 percent in 2008 and a record low of -6.30 percent in 1995. This page provides - Hong Kong Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Current Account to GDP - values, historical data and charts - was last updated on September of 2022.

Current Account to GDP in Hong Kong is expected to reach 4.80 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Current Account to GDP is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.

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Hong Kong Current Account to GDP

Related Last Previous Unit Reference
Balance of Trade -27554.00 -68533.00 HKD Million Jul 2022
Current Account 78508.00 97038.00 HKD Million Mar 2022
Current Account to GDP 6.60 6.00 percent of GDP Dec 2020
Imports 407193.00 449241.00 HKD Million Jul 2022
Exports 379638.00 380708.00 HKD Million Jul 2022
Terms of Trade 99.70 100.10 points Jun 2022
Capital Flows -49515.00 -128804.00 HKD Million Mar 2022
Tourist Arrivals 48048.00 41112.00 Jul 2022
External Debt 14550202.00 14652248.00 HKD Million Mar 2022
Foreign Direct Investment 16836.60 16633.04 HKD Billion Dec 2021

Hong Kong Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.00 15.00 -6.30 1980 - 2020 percent of GDP Yearly