The Gross Domestic Product (GDP) in Hong Kong contracted 0.40 percent in the second quarter of 2019 over the previous quarter. GDP Growth Rate in Hong Kong averaged 0.91 percent from 1990 until 2019, reaching an all time high of 6.10 percent in the third quarter of 2003 and a record low of -3.40 percent in the first quarter of 2009.
GDP Growth Rate in Hong Kong is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Hong Kong to stand at -0.40 in 12 months time. In the long-term, the Hong Kong GDP Growth Rate is projected to trend around 1.00 percent in 2020, according to our econometric models.