Hong Kong current account to gdp

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Hong Kong current account to gdp: 7.1 (-33.02%)
Last Update: December 31, 2023

Hong Kong current account to gdp closed down 7.1 as of December 31, 2023 from 10.6 from the previous month and 5.6 from last year.


Hong Kong current account to gdp Analytics & Data




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Hong Kong current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Hong Kong current account to gdp

DateValues
2023-12-31 7.1
2022-12-31 10.6
2021-12-31 11.8
2020-12-31 7
2019-12-31 6.2
2018-12-31 3.7
2017-12-31 4.6
2016-12-31 4
2015-12-31 3.3
2014-12-31 1.4
2013-12-31 1.5
2012-12-31 1.6
2011-12-31 5.6
2010-12-31 7
2009-12-31 9.9
2008-12-31 15
2007-12-31 13
2006-12-31 12.7
2005-12-31 11.9
2004-12-31 9.9
2003-12-31 10.8
2002-12-31 7.9
2001-12-31 6.1
2000-12-31 4.4

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Hong Kong current account to gdp Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current account to gdphk.currentaccountgdp7.110.6-3327UPUP02023-12-31

Hong Kong current account to gdp Factors

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Hong Kong current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Hong Kong current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hong Kong current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong current account to gdp

The current account to GDP ratio measures the balance of a country's international trade in goods and services, income, and transfers relative to the size of its economy. In the case of Hong Kong, a high current account to GDP ratio indicates that the country is heavily reliant on international trade and is running a significant trade surplus. This can be both a positive and a negative indicator for the economy. On one hand, a trade surplus can boost economic growth and create jobs, but on the other hand, it can also lead to currency appreciation and potential trade tensions with other countries. Overall, the current account to GDP ratio provides valuable insight into the health and sustainability of Hong Kong's economy.

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