Hong Kong current account to gdp
Hong Kong current account to gdp: 11.2 (60%)
Last Update: January 31, 2021
Last Update: January 31, 2021
Hong Kong current account to gdp closed down 11.2 as of January 31, 2021 from 7 from the previous month and 9.9 from last year.
Hong Kong current account to gdp Analytics & Data
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Hong Kong current account to gdp
| Date | Values |
|---|---|
| 2021-01-31 | 11.2 |
| 2020-01-31 | 7 |
| 2019-01-31 | 6 |
| 2018-01-31 | 3.7 |
| 2017-01-31 | 4.6 |
| 2016-01-31 | 4 |
| 2015-01-31 | 3.3 |
| 2014-01-31 | 1.4 |
| 2013-01-31 | 1.5 |
| 2012-01-31 | 1.6 |
| 2011-01-31 | 5.6 |
| 2010-01-31 | 7 |
| 2009-01-31 | 9.9 |
| 2008-01-31 | 15 |
| 2007-01-31 | 13 |
| 2006-01-31 | 12.7 |
| 2005-01-31 | 11.9 |
| 2004-01-31 | 9.9 |
| 2003-01-31 | 10.8 |
| 2002-01-31 | 7.9 |
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Hong Kong current account to gdp Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| current account to gdp | hk.currentaccountgdp | 11.2 | 7 | 60 | 13 | UP | UP | 0 | 2021-01-31 |
Hong Kong current account to gdp Factors
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What is the Hong Kong current account to gdp
Welcome to our webpage showcasing the current and historical data, trends and signals, analytics, and charts for Hong Kong's current account to GDP. This vital economic indicator provides insights into the balance of trade and transactions between Hong Kong and the rest of the world.What is Hong Kong's Current Account to GDP? The current account to GDP ratio is a measure of the country's trade balance in relation to its total economic output. It represents the sum of net exports/imports of goods, services, primary income, and secondary income, expressed as a percentage of Hong Kong's GDP. A positive ratio suggests that Hong Kong is a net lender to the rest of the world, while a negative ratio indicates it is a net borrower.
Interpreting Hong Kong's Current Account to GDP: 1. Surplus or Deficit: A positive ratio suggests that Hong Kong is running a current account surplus, indicating it earns more from foreign transactions than it spends. This signals a strong trade position and international competitiveness. Conversely, a negative ratio indicates a current account deficit, implying that Hong Kong is spending more than it earns from foreign activities.
2. Economic Strength: A higher current account to GDP ratio typically reflects a robust export-oriented economy with a strong balance of trade. It indicates that Hong Kong is generating significant revenue from its international transactions as a percentage of its total economic output.
3. Economic Vulnerability: While a current account surplus is generally desirable, an excessively high ratio may also indicate an economy heavily dependent on exports. In such cases, a sudden decline in market demand or global economic disruptions could lead to challenges and imbalances in the economy.
On our webpage, you will find interactive charts showcasing the trends in Hong Kong's current account to GDP ratio over time. These charts provide a visual representation of how this indicator has evolved, enabling users to identify patterns, cyclical fluctuations, and long-term trends.
Additionally, users can download historical data for free, enabling further analysis and comparison with other economic indicators or global trends. This empowers users to undertake their own research and explore the relationship between Hong Kong's current account to GDP and other factors such as exchange rates, inflation, or domestic policies.
For a more comprehensive analysis, our webpage also offers MacroVar signals, trends, and analysis. These tools help identify important turning points, upward or downward trends, and potential signals of future developments related to Hong Kong's current account to GDP ratio. By utilizing these features, users can gain deeper insights and make informed decisions based on the available data.
We believe that staying informed about Hong Kong's current account to GDP is essential for businesses, investors, policymakers, and researchers. Whether you are tracking economic cycles, assessing economic stability, or planning investment strategies, our webpage provides the necessary data and tools to support your analysis and decision-making process.
Hong Kong Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Hang Seng | HSI | 17230.6 | 0 | -1 | -1.69402 | 44.3838 | 0.00753 | 0.01091 | 0.00202 | 0.13503 |
| Hong Kong ETF | EWH | 16.8 | -0.5 | -1 | -1.74966 | 42.4103 | 0.00119 | 0.00358 | -0.00768 | 0.04348 |
| Hong Kong Dollar US Dollar (HKD/USD) | HKDUSD | 7.8247 | 0.5 | -0.75 | -0.72288 | 50.2421 | 0.00018 | 0.00045 | -0.00074 | 0.00069 |
| Hong Kong 5-Year Bond Yield | HK.5Y | 3.658 | -0.5 | 0.5 | 0.67674 | 41.33 | -0.01614 | -0.0399 | -0.05356 | 0.15431 |
| Hong Kong 2-year bond yield | HK.2Y | 4.259 | -0.5 | 1 | 0.94415 | 45.6292 | -0.02428 | -0.03028 | 0.0007 | -0.09479 |
| Hong Kong Yield Curve | HK.YC | -0.021 | -1 | 1 | 1.36978 | 50.1952 | -4.5 | -0.44737 | -0.75294 | -0.79612 |
| Hong Kong Credit Default Swaps | CDS.Hong-Kong | 36.2 | -1 | 1 | 0.84333 | 98.0723 | 0 | 0 | 0 | 0.2526 |
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | hk.balanceoftrade | -64580 | -25592 | 152 | 209 | Down | Down | 98 | 2023-10-31 |
| bank lending rate | hk.banks.lendingrate | 5.77 | 5.75 | 0 | 15 | UP | UP | 98 | 2023-07-31 |
| banks balance sheet | hk.banks.bs | 27372600 | 27135000 | 1 | -1 | UP | Down | 7 | 2023-09-30 |
| business confidence | hk.bizconfidence | 8 | 6 | 33 | -200 | UP | UP | 15 | 2023-12-31 |
| capital flows | hk.capitalflows | 79285 | 8172 | 870 | -162 | UP | UP | 13 | 2023-09-30 |
| car registrations | hk.carregistrations | 3497 | 4027 | -13 | -21 | Down | Down | 14 | 2023-09-30 |
| consumer confidence | hk.consconfidence | 70.6 | 61.9 | 14 | -13 | UP | Down | 0 | 2021-12-31 |
| consumer price index cpi | hk.cpi | 106.7 | 105.6 | 1 | 3 | UP | UP | 88 | 2023-10-31 |
| current account | hk.currentaccount | 50024 | 42620 | 17 | -50 | Down | Down | 35 | 2023-09-30 |
| current account to gdp | hk.currentaccountgdp | 11.2 | 7 | 60 | 13 | UP | UP | 0 | 2021-01-31 |
| deposit interest rate | hk.depositrate | 0.02 | 0.04 | -50 | -99 | Down | Down | 0 | 2021-12-31 |
| exports | hk.exports | 380337 | 358294 | 6 | 2 | UP | UP | 70 | 2023-10-31 |
| external debt | hk.externaldebt | 14043600 | 14044200 | 0 | 7 | Down | UP | 7 | 2023-06-30 |
| fiscal expenditure | hk.fiscalexp | 153942 | 152757 | 1 | -33 | Down | Down | 2 | 2023-09-30 |
| foreign direct investment | hk.fdi | 17020.9 | 17154.3 | -1 | 111 | UP | UP | 0 | 2022-01-31 |
| foreign exchange reserves | hk.fxreserves | 416000 | 415700 | 0 | -0 | Down | Down | 47 | 2023-10-31 |
| gdp | hk.gdp | 359.84 | 368.91 | -2 | 57 | UP | UP | 0 | 2022-01-31 |
| Real GDP | hk.realgdp | 723307 | 682846 | 6 | 8 | UP | UP | 54 | 2023-09-30 |
| gdp growth | hk.gdpgrowth | 0.1 | -1.3 | -108 | -86 | Down | Down | 35 | 2023-12-31 |
| gdp growth annual | hk.gdpgrowthan | 4.1 | 1.5 | 173 | -221 | UP | UP | 10 | 2023-12-31 |
| gold reserves | hk.goldres | 2.08 | 2.1 | -1 | 0 | Down | Down | 44 | 2020-09-30 |
| government budget | hk.govbudget | -5 | -3.6 | 39 | -222 | Down | Down | 0 | 2022-01-31 |
| Government budget | hk.govbudgetvalue | 87564 | 29699 | 195 | -22 | UP | Down | 30 | 2023-03-31 |
| government debt to gdp | hk.govdebtgdp | 38.4 | 37 | 4 | 26 | UP | UP | 0 | 2016-01-31 |
| government revenues | hk.govrev | 74492 | 70118 | 6 | 16 | Down | UP | 52 | 2023-09-30 |
| housing index | hk.housingindex | 153.83 | 157.93 | -3 | -9 | Down | Down | 12 | 2023-09-30 |
| imports | hk.imports | 444917 | 383886 | 16 | 12 | UP | UP | 78 | 2023-10-31 |
| industrial production | hk.indproduction | 3.9 | -0.1 | -4000 | -176 | UP | UP | 40 | 2023-06-30 |
| inflation cpi | hk.inflationcpi | 2.7 | 2 | 35 | -39 | UP | Down | 35 | 2023-09-30 |
| interbank rate | hk.interbankrate | 5.1 | 5.13 | -1 | -3 | Down | Down | 6 | 2023-08-15 |
| interest rate | hk.interestrate | 5.75 | 5.5 | 5 | 109 | UP | UP | 77 | 2023-07-27 |
| loans to private sector | hk.loanprivate | 10292100 | 10387100 | -1 | -5 | Down | Down | 6 | 2023-09-30 |
| Manufacturing PMI | hk.manpmi | 48.9 | 49.6 | -1 | -1 | Down | Down | 49 | 2023-10-31 |
| money supply m0 | hk.msm0 | 576900 | 574799 | 0 | -2 | Down | Down | 7 | 2023-09-30 |
| money supply m1 | hk.msm1 | 2502110 | 2605770 | -4 | -18 | Down | Down | 20 | 2023-09-30 |
| money supply m2 | hk.msm2 | 16785700 | 16791200 | -0 | 3 | UP | UP | 52 | 2023-10-31 |
| money supply m3 | hk.msm3 | 16820300 | 16825500 | -0 | 3 | UP | UP | 53 | 2023-09-30 |
| Producer Price Index | hk.producerprices | 115.6 | 115.2 | 0 | 3 | UP | UP | 30 | 2023-06-30 |
| PPI Index | hk.producerpricesch | -0.2 | 0.9 | -122 | -115 | Down | Down | 42 | 2023-03-31 |
| retail sales MoM | hk.retailsales | -1.7 | 0 | 0 | -242 | Down | Down | 13 | 2023-08-31 |
| retail sales | hk.retailsalesan | 10.1 | 11 | -8 | 304 | Down | UP | 92 | 2023-10-31 |
| unemployment rate | hk.unemploymentrate | 2.9 | 2.8 | 4 | -26 | Down | Down | 23 | 2023-09-30 |
| youth unemployment rate | hk.ytunemploymentrate | 5.5 | 5 | 10 | -25 | Down | Down | 16 | 2023-06-30 |