Hong Kong current account

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Hong Kong current account: 100959 (42.76%)
Last Update: March 31, 2024

Hong Kong current account closed down 100959 as of March 31, 2024 from 70721 from the previous month and 60212 from last year.


Hong Kong current account Analytics & Data




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Hong Kong current account

DateValues
2024-03-31 100959
2023-12-31 70721
2023-09-30 108497
2023-06-30 51644
2023-03-31 45479
2022-12-31 53651
2022-09-30 116263
2022-06-30 34938
2022-03-31 86412
2021-12-31 86747
2021-09-30 96161
2021-06-30 70431
2021-03-31 60212
2020-12-31 31181
2020-09-30 96863
2020-06-30 60536
2020-03-31 -8864
2019-12-31 41702
2019-09-30 71757
2019-06-30 33459
2019-03-31 29087
2018-12-31 36311
2018-09-30 45831
2018-06-30 15400

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Hong Kong current account Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
current accounthk.currentaccount100959.0707214368UPUP752024-03-31

Hong Kong current account Factors

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Hong Kong current account Historical Data

The MacroVar database offers free access to historical data for the Hong Kong current account, 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 data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hong Kong current account

The Hong Kong current account is a record of all of the country's transactions with the rest of the world in terms of goods, services, income, and transfers. It is an important indicator of the country's economic health and is closely monitored by policymakers and economists. A surplus in the current account indicates that the country is earning more from its exports and investments abroad than it is spending on imports and foreign investments. This can be seen as a positive sign of a strong economy. On the other hand, a deficit in the current account means that the country is spending more than it is earning, which can be a cause for concern as it may lead to a decrease in foreign reserves or an increase in external debt. Overall, the Hong Kong current account plays a crucial role in assessing the country's external financial position and its impact on the overall economy.

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