Hong Kong Economy

Hong Kong’s gdp growth annual decreased to -3.5 by -61.11% on July 2020 from -9.0 in the previous Quarterly. On a year on year basis Hong Kong’s gdp growth annual decreased by -200.0%. Hong Kong’s gdp growth annual trend is down since the current value of -3.5 is lower than the 12 month moving average of -0.941667.Hong Kong’s inflation cpi decreased to -0.2 by -90.91% on October 2020 from -2.2 in the previous Monthly. On a year on year basis Hong Kong’s inflation cpi decreased by -106.45%. Hong Kong’s inflation cpi trend is down since the current value of -0.2 is lower than the 12 month moving average of 0.9.Hong Kong’s unemployment rate decreased to 6.3 by -1.56% on October 2020 from 6.4 in the previous Monthly. On a year on year basis Hong Kong’s unemployment rate increased by 103.23%. Hong Kong’s unemployment rate trend is down since the current value of 6.3 is lower than the 12 month moving average of 5.0.

Hong Kong Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Hang Seng HSI 27224.6 1 0.75 1.22317 65.8478 -2.03 -3.83 -6.38 -0.0242
Hong Kong ETF EWH 26.79 1 1 2.22075 71.7466 0.56 0.75 -2.69 0.03651
Hong Kong Dollar US Dollar (HKD/USD) HKDUSD 7.77 0.5 0.5 -0.2003 53.3164 0.04 0.06 0.09 -0.00229
Hong Kong 5-Year Bond Yield HK.5Y 0.52 0 0 -0.48994 48.6711 -24.96 -35.56 -21.09 -0.80318
Hong Kong 2-year bond yield HK.2Y 0.1 -1 -1 -0.80386 42.0983 -1.96 -46.52 -32.89 -0.92957
Hong Kong Yield Curve HK.YC 0.81 0.5 0.75 1.5841 53.3256 -18.92 -20.67 -21.28 -32.2667
Hong Kong Credit Default Swaps CDS.Hong-Kong 31.5 -1 -0.5 -0.93086 4.17468 0 12.1 -4.83 0.01683

Hang Seng closed up by 0.00309% to 27231.1 on 23 January 2021 and +0.03371% on a weekly basis. Hang Seng momentum was last calculated at +1.0/100 indicating positive momentum. Hang Seng trend is +0.75/100 indicating a positive trend. Hang Seng momentum exhaustion is 1.22317 indicating Hang Seng is oversold.Hong Kong ETF closed up by 0.02652% to 25.55 on 23 January 2021 and +0.05144% on a weekly basis. Hong Kong ETF momentum was last calculated at +1.0/100 indicating positive momentum. Hong Kong ETF trend is +1.0/100 indicating a positive trend. Hong Kong ETF momentum exhaustion is 2.22075 indicating Hong Kong ETF is oversold.Hong Kong 10-Year Bond Yield closed down by -0.00168% to 0.595 on 23 January 2021 and +0.04203% on a weekly basis. Hong Kong 10-Year Bond Yield momentum was last calculated at +0.0/100 indicating positive momentum. Hong Kong 10-Year Bond Yield trend is +0.0/100 indicating a positive trend. Hong Kong 10-Year Bond Yield momentum exhaustion is -0.28799 indicating Hong Kong 10-Year Bond Yield is oversold.Hong Kong Dollar US Dollar (HKD/USD) closed up by 6e-05% to 7.7533 on 23 January 2021 and +-0.00012% on a weekly basis. Hong Kong Dollar US Dollar (HKD/USD) momentum was last calculated at +0.5/100 indicating positive momentum. Hong Kong Dollar US Dollar (HKD/USD) trend is +0.5/100 indicating a positive trend. Hong Kong Dollar US Dollar (HKD/USD) momentum exhaustion is -0.2003 indicating Hong Kong Dollar US Dollar (HKD/USD) is oversold.Hong Kong Credit Default Swaps closed up by 0.0% to 42.3 on 23 January 2021 and +0.0% on a weekly basis. Hong Kong Credit Default Swaps momentum was last calculated at -1.0/100 indicating negative momentum. Hong Kong Credit Default Swaps trend is -0.5/100 indicating a negative trend. Hong Kong Credit Default Swaps momentum exhaustion is -0.93086 indicating Hong Kong Credit Default Swaps is oversold.

Hong Kong News

Hong Kong Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual 7.9 -2.8 -3.82143 0.755556 1.0 1.0 0.916667 2021-01-01
inflation cpi 1 0.8 0.25 -0.333333 1.0 -1.0 0.383333 2021-05-31
unemployment rate 5.5 6 -0.0833333 -0.112903 -1.0 -1.0 0.133333 2021-06-30
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 51.4 52.5 -0.0209524 0.0362903 1.0 1.0 0.633333 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 38.4 37 0.0378378 0.259843 1.0 1.0 0 2016-01-31
external debt 13809600 13824400 -0.00107057 0.0809355 1.0 1.0 0.0666667 2021-01-01
foreign exchange reserves 491600 494500 -0.00586451 0.102489 1.0 1.0 0.716667 2021-06-30
gold reserves 2.08 2.1 -0.00952381 0 -1.0 -1.0 0.441667 2020-07-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 59841 31181 0.919149 4.19634 1.0 1.0 0.95 2021-01-01
current account to gdp 6.6 6 0.1 -0.56 1.0 -1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.86 0.86 0 -0.687273 -1.0 -1.0 0.025 2020-04-15
banks balance sheet 26201800 25708200 0.0192001 0.0487222 1.0 1.0 0.4 2021-05-31
money supply m2 15933500 15770300 0.0103486 0.0711237 1.0 1.0 0.583333 2021-05-31
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget 84825 2708 30.3239 0.977181 1.0 1.0 0.833333 2021-01-01
government revenues 248715 174709 0.423596 0.756127 1.0 1.0 0.933333 2021-01-01
fiscal expenditure 163890 172001 -0.0471567 0.660066 1.0 1.0 0.916667 2021-01-01

Hong Kong’s gdp growth annual decreased to -3.5 by -61.11% on July 2020 from -9.0 in the previous Quarterly. On a year on year basis Hong Kong’s gdp growth annual decreased by -200.0%. Hong Kong’s gdp growth annual trend is down since the current value of -3.5 is lower than the 12 month moving average of -0.941667.Hong Kong’s inflation cpi decreased to -0.2 by -90.91% on October 2020 from -2.2 in the previous Monthly. On a year on year basis Hong Kong’s inflation cpi decreased by -106.45%. Hong Kong’s inflation cpi trend is down since the current value of -0.2 is lower than the 12 month moving average of 0.9.Hong Kong’s unemployment rate decreased to 6.3 by -1.56% on October 2020 from 6.4 in the previous Monthly. On a year on year basis Hong Kong’s unemployment rate increased by 103.23%. Hong Kong’s unemployment rate trend is down since the current value of 6.3 is lower than the 12 month moving average of 5.0.Hong Kong’s manufacturing pmi icnreased to 50.1 by 0.6% on November 2020 from 49.8 in the previous Monthly. On a year on year basis Hong Kong’s manufacturing pmi increased by 30.13%. Hong Kong’s manufacturing pmi trend is down since the current value of 50.1 is lower than the 12 month moving average of 43.6167.Hong Kong’s business confidence decreased to -8.0 by -27.27% on June 2020 from -11.0 in the previous Quarterly. On a year on year basis Hong Kong’s business confidence decreased by -260.0%. Hong Kong’s business confidence trend is down since the current value of -8.0 is lower than the 12 month moving average of -8.83333.Hong Kong’s consumer confidence decreased to 75.0 by -1.32% on February 2020 from 76.0 in the previous Quarterly. On a year on year basis Hong Kong’s consumer confidence decreased by -26.47%. Hong Kong’s consumer confidence trend is down since the current value of 75.0 is lower than the 12 month moving average of 95.5833.

Hong Kong Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 6 -17 -1.35294 -0.25 1.0 -1.0 0 2021-07-01
manufacturing pmi 51.4 52.5 -0.0209524 0.0362903 1.0 1.0 0.633333 2021-06-30

 

Hong Kong’s business confidence decreased to -8.0 by -27.27% on June 2020 from -11.0 in the previous Quarterly. On a year on year basis Hong Kong’s business confidence decreased by -260.0%. Hong Kong’s business confidence trend is down since the current value of -8.0 is lower than the 12 month moving average of -8.83333.Hong Kong’s manufacturing pmi icnreased to 50.1 by 0.6% on November 2020 from 49.8 in the previous Monthly. On a year on year basis Hong Kong’s manufacturing pmi increased by 30.13%. Hong Kong’s manufacturing pmi trend is down since the current value of 50.1 is lower than the 12 month moving average of 43.6167.

Hong Kong Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
consumer confidence 65.7 62.4 0.0528846 -0.243088 -1.0 -1.0 0 2021-04-01
car registrations 3621 3091 0.171466 0.275 1.0 1.0 0.9 2021-05-31

 

Hong Kong’s consumer confidence decreased to 75.0 by -1.32% on February 2020 from 76.0 in the previous Quarterly. On a year on year basis Hong Kong’s consumer confidence decreased by -26.47%. Hong Kong’s consumer confidence trend is down since the current value of 75.0 is lower than the 12 month moving average of 95.5833.Hong Kong’s car registrations decreased to 3458.0 by -9.92% on October 2020 from 3839.0 in the previous Monthly. On a year on year basis Hong Kong’s car registrations increased by 19.53%. Hong Kong’s car registrations trend is down since the current value of 3458.0 is lower than the 12 month moving average of 2942.5.

Hong Kong Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 51.4 52.5 -0.0209524 0.0362903 1.0 1.0 0.633333 2021-06-30
industrial production 2.6 -6.1 -1.42623 1.36364 1.0 1.0 0.916667 2021-01-01

Hong Kong’s manufacturing pmi icnreased to 50.1 by 0.6% on November 2020 from 49.8 in the previous Monthly. On a year on year basis Hong Kong’s manufacturing pmi increased by 30.13%. Hong Kong’s manufacturing pmi trend is down since the current value of 50.1 is lower than the 12 month moving average of 43.6167.Hong Kong’s industrial production icnreased to -7.4 by 45.1% on May 2020 from -5.1 in the previous Quarterly. On a year on year basis Hong Kong’s industrial production decreased by -2566.67%. Hong Kong’s industrial production trend is down since the current value of -7.4 is lower than the 12 month moving average of -0.775.

Hong Kong Retail Sector

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales 7.8 11 -0.290909 -1.22941 1.0 1.0 0.433333 2021-05-31
retail sales MoM 9 -2.6 -4.46154 -0.274194 1.0 -1.0 0.566667 2021-05-31

Hong Kong’s retail sales decreased to -9.3 by -30.08% on October 2020 from -13.3 in the previous Monthly. On a year on year basis Hong Kong’s retail sales decreased by -64.77%. Hong Kong’s retail sales trend is down since the current value of -9.3 is lower than the 12 month moving average of -26.4167.Hong Kong’s retail sales MoM icnreased to 4.7 by 147.37% on October 2020 from 1.9 in the previous Monthly. On a year on year basis Hong Kong’s retail sales MoM increased by 4600.0%. Hong Kong’s retail sales MoM trend is down since the current value of 4.7 is lower than the 12 month moving average of 0.458333.

Hong Kong Construction Sector

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
housing index 179.33 177.49 0.0103668 0.0406197 1.0 1.0 0.583333 2021-04-30

Hong Kong’s housing index decreased to 173.95 by -0.26% on October 2020 from 174.4 in the previous Monthly. On a year on year basis Hong Kong’s housing index increased by 0.9%. Hong Kong’s housing index trend is down since the current value of 173.95 is lower than the 12 month moving average of 174.27.

Hong Kong GDP

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 697474 701783 -0.00614007 0.00409138 1.0 1.0 0.0833333 2021-03-31
gdp growth annual 7.9 -2.8 -3.82143 0.755556 1.0 1.0 0.916667 2021-01-01
gdp 346.59 366.03 -0.0531104 0.580582 1.0 1.0 0 2020-01-31
gdp growth 5.4 0.5 9.8 2.6 1.0 1.0 0.958333 2021-01-01

Hong Kong’s Real GDP icnreased to 673627.0 by 9.11% on May 2020 from 617392.0 in the previous Quarterly. On a year on year basis Hong Kong’s Real GDP decreased by -0.47%. Hong Kong’s Real GDP trend is down since the current value of 673627.0 is lower than the 12 month moving average of 676019.0.Hong Kong’s gdp growth annual decreased to -3.5 by -61.11% on July 2020 from -9.0 in the previous Quarterly. On a year on year basis Hong Kong’s gdp growth annual decreased by -200.0%. Hong Kong’s gdp growth annual trend is down since the current value of -3.5 is lower than the 12 month moving average of -0.941667.Hong Kong’s gdp icnreased to 366.03 by 1.2% on January 2019 from 361.69 in the previous Yearly. On a year on year basis Hong Kong’s gdp increased by 72.98%. Hong Kong’s gdp trend is down since the current value of 366.03 is lower than the 12 month moving average of 286.621.Hong Kong’s gdp growth decreased to 2.8 by -2900.0% on July 2020 from -0.1 in the previous Quarterly. On a year on year basis Hong Kong’s gdp growth increased by 250.0%. Hong Kong’s gdp growth trend is down since the current value of 2.8 is lower than the 12 month moving average of -0.308333.

Hong Kong inflation

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 1 0.8 0.25 -0.333333 1.0 -1.0 0.383333 2021-05-31
consumer price index cpi 112.3 112.4 -0.00088968 0.0108011 1.0 1.0 0.216667 2021-05-31
Producer Price Index 111.3 109.9 0.0127389 0.0372787 1.0 1.0 0.3 2021-01-01
PPI Index 1.7 2.9 -0.413793 -0.552632 -1.0 -1.0 0.566667 2021-01-01

Hong Kong’s inflation cpi decreased to -0.2 by -90.91% on October 2020 from -2.2 in the previous Monthly. On a year on year basis Hong Kong’s inflation cpi decreased by -106.45%. Hong Kong’s inflation cpi trend is down since the current value of -0.2 is lower than the 12 month moving average of 0.9.Hong Kong’s consumer price index cpi icnreased to 110.9 by 2.31% on October 2020 from 108.4 in the previous Monthly. On a year on year basis Hong Kong’s consumer price index cpi decreased by -0.09%. Hong Kong’s consumer price index cpi trend is down since the current value of 110.9 is lower than the 12 month moving average of 110.542.Hong Kong’s Producer Price Index icnreased to 112.0 by 0.09% on May 2020 from 111.9 in the previous Quarterly. On a year on year basis Hong Kong’s Producer Price Index increased by 5.26%. Hong Kong’s Producer Price Index trend is down since the current value of 112.0 is lower than the 12 month moving average of 108.417.Hong Kong’s PPI Index icnreased to 1.3 by 18.18% on January 2020 from 1.1 in the previous Quarterly. On a year on year basis Hong Kong’s PPI Index decreased by -69.05%. Hong Kong’s PPI Index trend is down since the current value of 1.3 is lower than the 12 month moving average of 2.3.

Hong Kong Government Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -12 -1.3 8.23077 -121 -1.0 -1.0 0 2020-01-31
Government budget 84825 2708 30.3239 0.977181 1.0 1.0 0.833333 2021-01-01
government revenues 248715 174709 0.423596 0.756127 1.0 1.0 0.933333 2021-01-01
fiscal expenditure 163890 172001 -0.0471567 0.660066 1.0 1.0 0.916667 2021-01-01

Hong Kong’s Government budget icnreased to -166250.0 by 67.62% on May 2020 from -99181.0 in the previous Quarterly. On a year on year basis Hong Kong’s Government budget increased by 420.3%. Hong Kong’s Government budget trend is down since the current value of -166250.0 is lower than the 12 month moving average of -12166.5.Hong Kong’s government revenues icnreased to 64198.0 by 7.87% on May 2020 from 59512.0 in the previous Quarterly. On a year on year basis Hong Kong’s government revenues increased by 9.66%. Hong Kong’s government revenues trend is down since the current value of 64198.0 is lower than the 12 month moving average of 117045.0.Hong Kong’s fiscal expenditure icnreased to 230448.0 by 45.22% on May 2020 from 158693.0 in the previous Quarterly. On a year on year basis Hong Kong’s fiscal expenditure increased by 154.65%. Hong Kong’s fiscal expenditure trend is down since the current value of 230448.0 is lower than the 12 month moving average of 129212.0.

Hong Kong Monetary Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.86 0.86 0 -0.687273 -1.0 -1.0 0.025 2020-04-15
banks balance sheet 26201800 25708200 0.0192001 0.0487222 1.0 1.0 0.4 2021-05-31
money supply m0 557640 555816 0.00328166 0.0763568 1.0 1.0 0.35 2021-05-31
money supply m1 3481440 3306560 0.0528888 0.295747 -1.0 1.0 0.85 2021-05-31
money supply m2 15933500 15770300 0.0103486 0.0711237 1.0 1.0 0.583333 2021-05-31
money supply m3 15972200 15807800 0.0103999 0.0709032 1.0 1.0 0.583333 2021-05-31

Hong Kong’s interest rate On a year on year basis Hong Kong’s interest rate decreased by -68.73%. Hong Kong’s interest rate trend is down since the current value of 0.86 is lower than the 12 month moving average of 2.06.Hong Kong’s banks balance sheet decreased to 25951500.0 by -5.79% on November 2020 from 27545300.0 in the previous Monthly. On a year on year basis Hong Kong’s banks balance sheet increased by 5.35%. Hong Kong’s banks balance sheet trend is down since the current value of 25951500.0 is lower than the 12 month moving average of 25444900.0.Hong Kong’s money supply m2 decreased to 15736700.0 by -6.22% on November 2020 from 16780400.0 in the previous Monthly. On a year on year basis Hong Kong’s money supply m2 increased by 6.57%. Hong Kong’s money supply m2 trend is down since the current value of 15736700.0 is lower than the 12 month moving average of 15312600.0.

Hong Kong Employment

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 5.5 6 -0.0833333 -0.112903 -1.0 -1.0 0.133333 2021-06-30
youth unemployment rate 8.6 9.2 -0.0652174 -0.0752688 -1.0 -1.0 0.166667 2021-05-31

Hong Kong’s unemployment rate decreased to 6.3 by -1.56% on October 2020 from 6.4 in the previous Monthly. On a year on year basis Hong Kong’s unemployment rate increased by 103.23%. Hong Kong’s unemployment rate trend is down since the current value of 6.3 is lower than the 12 month moving average of 5.0.Hong Kong’s youth unemployment rate decreased to 10.9 by -9.17% on November 2020 from 12.0 in the previous Monthly. On a year on year basis Hong Kong’s youth unemployment rate increased by 84.75%. Hong Kong’s youth unemployment rate trend is down since the current value of 10.9 is lower than the 12 month moving average of 8.99167.

Hong Kong Trade & Capital Flows

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 59841 31181 0.919149 4.19634 1.0 1.0 0.95 2021-01-01
current account to gdp 6.6 6 0.1 -0.56 1.0 -1.0 0 2020-01-31
exports 393814 384874 0.0232284 0.239929 1.0 1.0 0.933333 2021-05-31
imports 419278 416650 0.00630745 0.265397 1.0 1.0 0.983333 2021-05-31
balance of trade -25464 -31776 -0.19864 0.854625 1.0 -1.0 0.966667 2021-05-31
capital flows -89259 -62781 0.421752 1.00258 -1.0 -1.0 0.866667 2021-01-01
foreign direct investment 16180.9 15665.1 0.0329267 1.24596 1.0 1.0 0 2021-01-31

Hong Kong’s current account icnreased to 96537.0 by 62.45% on July 2020 from 59426.0 in the previous Quarterly. On a year on year basis Hong Kong’s current account increased by 66.27%. Hong Kong’s current account trend is down since the current value of 96537.0 is lower than the 12 month moving average of 37076.1.Hong Kong’s current account to gdp icnreased to 6.2 by 67.57% on January 2019 from 3.7 in the previous Yearly. On a year on year basis Hong Kong’s current account to gdp decreased by -52.31%. Hong Kong’s current account to gdp trend is down since the current value of 6.2 is lower than the 12 month moving average of 5.31667.Hong Kong’s exports icnreased to 379568.0 by 10.12% on November 2020 from 344700.0 in the previous Monthly. On a year on year basis Hong Kong’s exports increased by 5.65%. Hong Kong’s exports trend is down since the current value of 379568.0 is lower than the 12 month moving average of 324343.0.Hong Kong’s imports icnreased to 405177.0 by 6.23% on November 2020 from 381400.0 in the previous Monthly. On a year on year basis Hong Kong’s imports increased by 5.12%. Hong Kong’s imports trend is down since the current value of 405177.0 is lower than the 12 month moving average of 351523.0.Hong Kong’s balance of trade decreased to -25609.0 by -30.41% on November 2020 from -36800.0 in the previous Monthly. On a year on year basis Hong Kong’s balance of trade decreased by -2.14%. Hong Kong’s balance of trade trend is down since the current value of -25609.0 is lower than the 12 month moving average of -27189.0.Hong Kong’s bank lending rate On a year on year basis Hong Kong’s bank lending rate decreased by -2.53%. Hong Kong’s bank lending rate trend is down since the current value of 5.0 is lower than the 12 month moving average of 5.0975.Hong Kong’s capital flows icnreased to -127321.0 by 43.37% on May 2020 from -88805.0 in the previous Quarterly. On a year on year basis Hong Kong’s capital flows increased by 42.12%. Hong Kong’s capital flows trend is down since the current value of -127321.0 is lower than the 12 month moving average of -53410.8.Hong Kong’s foreign direct investment decreased to 14543.8 by -9.5% on February 2018 from 16071.3 in the previous Yearly. On a year on year basis Hong Kong’s foreign direct investment increased by 68.26%. Hong Kong’s foreign direct investment trend is down since the current value of 14543.8 is lower than the 12 month moving average of 11392.8.

Hong Kong Reserves

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 491600 494500 -0.00586451 0.102489 1.0 1.0 0.716667 2021-06-30
gold reserves 2.08 2.1 -0.00952381 0 -1.0 -1.0 0.441667 2020-07-01

Hong Kong’s foreign exchange reserves icnreased to 486000.0 by 2.34% on November 2020 from 474900.0 in the previous Monthly. On a year on year basis Hong Kong’s foreign exchange reserves increased by 11.93%. Hong Kong’s foreign exchange reserves trend is down since the current value of 486000.0 is lower than the 12 month moving average of 451183.0.Hong Kong’s gold reserves decreased to 2.08 by -0.95% on July 2020 from 2.1 in the previous Quarterly. Hong Kong’s gold reserves trend is down since the current value of 2.08 is lower than the 12 month moving average of 2.09333.Hong Kong’s government debt to gdp icnreased to 38.4 by 3.78% on January 2016 from 37.0 in the previous Yearly. On a year on year basis Hong Kong’s government debt to gdp increased by 25.98%. Hong Kong’s government debt to gdp trend is down since the current value of 38.4 is lower than the 12 month moving average of 33.2792.Hong Kong’s external debt icnreased to 13317700.0 by 2.48% on March 2020 from 12995000.0 in the previous Quarterly. On a year on year basis Hong Kong’s external debt increased by 12.69%. Hong Kong’s external debt trend is down since the current value of 13317700.0 is lower than the 12 month moving average of 12923700.0.

Hong Kong Debt

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 38.4 37 0.0378378 0.259843 1.0 1.0 0 2016-01-31
external debt 13809600 13824400 -0.00107057 0.0809355 1.0 1.0 0.0666667 2021-01-01

Hong Kong’s government debt to gdp icnreased to 38.4 by 3.78% on January 2016 from 37.0 in the previous Yearly. On a year on year basis Hong Kong’s government debt to gdp increased by 25.98%. Hong Kong’s government debt to gdp trend is down since the current value of 38.4 is lower than the 12 month moving average of 33.2792.Hong Kong’s external debt icnreased to 13317700.0 by 2.48% on March 2020 from 12995000.0 in the previous Quarterly. On a year on year basis Hong Kong’s external debt increased by 12.69%. Hong Kong’s external debt trend is down since the current value of 13317700.0 is lower than the 12 month moving average of 12923700.0.

Hong Kong Banking activity

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate 0.17 0.17 0 -0.26087 -1.0 -1.0 0.108333 2021-06-02
deposit interest rate 0.14 0.04 2.5 -0.941667 1.0 -1.0 0 2019-01-01
bank lending rate 5 5 0 -0.0253411 -1.0 -1.0 0.0333333 2020-01-31
loans to private sector 10812000 10768400 0.00404888 0.00883618 -1.0 1.0 0.0833333 2021-05-31

Hong Kong’s interbank rate decreased to 2.34 by -0.13% on September 2019 from 2.263 in the previous Daily. On a year on year basis Hong Kong’s interbank rate decreased by -2.43%. Hong Kong’s interbank rate trend is down since the current value of 2.34 is lower than the 12 month moving average of 2.28158.Hong Kong’s deposit interest rate icnreased to 0.04 by 300.0% on January 2018 from 0.01 in the previous Yearly. On a year on year basis Hong Kong’s deposit interest rate decreased by -98.52%. Hong Kong’s deposit interest rate trend is down since the current value of 0.04 is lower than the 12 month moving average of 0.244167.Hong Kong’s balance of trade decreased to -25609.0 by -30.41% on November 2020 from -36800.0 in the previous Monthly. On a year on year basis Hong Kong’s balance of trade decreased by -2.14%. Hong Kong’s balance of trade trend is down since the current value of -25609.0 is lower than the 12 month moving average of -27189.0.Hong Kong’s bank lending rate On a year on year basis Hong Kong’s bank lending rate decreased by -2.53%. Hong Kong’s bank lending rate trend is down since the current value of 5.0 is lower than the 12 month moving average of 5.0975.Hong Kong’s loans to private sector decreased to 10543700.0 by -8.68% on November 2020 from 11546000.0 in the previous Monthly. On a year on year basis Hong Kong’s loans to private sector increased by 1.7%. Hong Kong’s loans to private sector trend is down since the current value of 10543700.0 is lower than the 12 month moving average of 10772900.0.

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