Hong Kong Advantages>
Key Statistics
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Parameters

Y-on-Y
% Change

Value
 US$

As of

Macro Economy

 

 

 

Gross Domestic Product (GDP)

+6.3% *

$206.7 bn

2007

GDP (forecast)

+3% to 3.5% *

-

2008

Per capita GDP

+7.97% **

$29,800 **

2007

Composite Consumer Price Index (CPI)

+2%

-

2007

Unemployment rate

-

4%

2007

Population

+0.7%

6.92 m

2007

 

 

 

 

Investment & Trade

 

 

 

Foreign Direct Investment (FDI) inflows (Click here for more)

+32.9%

$59.9bn

2007

No. of foreign regional operations (Click here for more)

+1.17%

3,890

Jun 2007

Imports of goods

+10.3%*

$367.7 bn **

2007

Exports of goods

+9.2%*

$344.6 bn **

2007

Exports of services

+14.2%*

$82.7 bn **

2007

 

 

 

 

Financial

 

 

 

Market capitalisation (2nd in Asia) (58% Mainland)

+55%

$2,654 bn

2007

No. of listed companies (35% Mainland)

+5.8%

1,241

2007

No. of Initial Public Offerings (IPO)

+82.6%

84

2007

Amount raised in IPO

+5.9%

$37.4 bn

2007

Total equity funds raised

+39%

$75.7 bn

2007

No. of banking institutions (69 of world's top 100)

-2.5%

279

2007

Foreign currency reserves

+15.1%

$152.7 bn

2007

No. of fund management companies

-4.7%

223

2006

Assets under management

+36.4%

$791 bn

2006

 

 

 

 

Infrastructure

 

 

 

Airport throughput

 

 

 

- Cargo (in tonnes) (1st in the world)

+4.5%

3.7 m

2007

- Passengers

+7.5%

47.8 m

2007

Port handling throughput (in TEUs) (2nd in the world)

+1.6%

23.88 m

2007

Vessel tonnage registered

-

37.14 m GT

Apr 2008

 

 

 

 

Broadband Coverage & Mobile Penetration

 

 

 

Broadband coverage

 

 

 

- Commercial buildings

-

100%

Mar 2008

- Residential buildings

-

over 99%

Mar 2008

Mobile phone penetration rate

-

152%

Jan 2008

 

 

 

 

Tourism & Retail

 

 

 

Total visitor arrivals

+11.6%

28.2 m

2007

- Mainland

+13.9%

15.5 m

2007

- International

+8.8%

12.7 m

2007

Average hotel occupancy rate

-1%

86%

2007

Retail sales

+12.8%

$31.8 bn

2007

 

 

 

 

Tax system

 

 

 

Tax Regime

 

 

 

- Profits tax rate

-

16.5%

2008

- Salaries tax rate (Standard tax rate, 15%)

-

Max. 17%

2008

 

 

 

 

Pearl River Delta region

 

 

 

PRD as a whole:

 

 

 

- GDP

-

$269.3 bn

2006

   - GDP / Registered population

-

$9,559

2006

- Registered population

-

28.17 m

2006

 

 

 

 

CEPA free trade provisions

 

 

 

Approved no. of Certificates of HK Origin for products

-

33,403

Apr 2008

Approved no. of HK Service Suppliers

-

1,193

Apr 2008

 

 

 

 

* real growth rate

** at current market prices

Sources: Census & Statistics Dept, Hong Kong SAR Government, International Monetary Fund (IMF), World Investment Report, UNCTAD, Marine Department, Hong Kong SAR Government, Hong Kong Tourism Board

 

 

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Last updated on: 14/11/2008