Hong Kong’s current account surplus widened to HKD 115.8 billion in the third quarter of 2022, from HKD 91 billion in the same period a year earlier. It was the largest surplus on record, due to increases in the goods account (HKD 13.2 billion vs HKD 3.2 billion in Q3 2021); services account (HKD 43.6 billion vs HKD 34 billion); and primary income (HKD 62.8 billion vs HKD 58.8 billion). Meanwhile, the deficit in secondary income narrowed to HKD 3.8 billion, compared to HKD 4.9 billion in the previous year. Considering the first three quarters of the year, the current account surplus fell to HKD 224.9 billion, from HKD 231.4 billion in the same period of 2021. source: Census and Statistics Department, Hong Kong

Current Account in Hong Kong averaged 33763.37 HKD Million from 1999 until 2022, reaching an all time high of 115839.00 HKD Million in the third quarter of 2022 and a record low of -29059.00 HKD Million in the second quarter of 2014. This page provides the latest reported value for - Hong Kong Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Hong Kong Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Current Account in Hong Kong is expected to be 30000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Current Account is projected to trend around 30000.00 HKD Million in 2023, according to our econometric models.

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Hong Kong Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-09-22 08:30 AM Q2 H$30.9B H$79B H$75B
2022-12-21 08:30 AM Q3 H$115.8B H$30.0B H$62B
2023-03-21 08:30 AM Q4 H$115.8B H$ 30B


Related Last Previous Unit Reference
Balance of Trade -51646.00 -27088.00 HKD Million Dec 2022
Current Account 115839.00 30039.00 HKD Million Sep 2022
Current Account to GDP 11.20 7.00 percent of GDP Dec 2021
Imports 399731.00 387130.00 HKD Million Dec 2022
Exports 348085.00 360042.00 HKD Million Dec 2022
Terms of Trade 99.10 98.90 points Nov 2022
Capital Flows -148430.00 -61142.00 HKD Million Sep 2022
Tourist Arrivals 113763.00 80524.00 Nov 2022
External Debt 14309887.00 14421438.00 HKD Million Sep 2022
Foreign Direct Investment 16836.60 16633.04 HKD Billion Dec 2021

Hong Kong Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
115839.00 30039.00 115839.00 -29059.00 1999 - 2022 HKD Million Quarterly
Current Prices, NSA

News Stream
Hong Kong Posts Largest Current Account Surplus on Record
Hong Kong’s current account surplus widened to HKD 115.8 billion in the third quarter of 2022, from HKD 91 billion in the same period a year earlier. It was the largest surplus on record, due to increases in the goods account (HKD 13.2 billion vs HKD 3.2 billion in Q3 2021); services account (HKD 43.6 billion vs HKD 34 billion); and primary income (HKD 62.8 billion vs HKD 58.8 billion). Meanwhile, the deficit in secondary income narrowed to HKD 3.8 billion, compared to HKD 4.9 billion in the previous year. Considering the first three quarters of the year, the current account surplus fell to HKD 224.9 billion, from HKD 231.4 billion in the same period of 2021.
2022-12-21
Hong Kong Current Account Surplus Shrinks in Q2
Hong Kong’s current account surplus narrowed to HKD 30.9 billion in the second quarter of 2022 from HKD 70.4 billion a year earlier, mainly due to the increase in goods deficit, partly offset by the increase in services surplus. The goods deficit increased to HKD 77.7 billion in the second quarter of 2022, compared with HKD 29.6 billion in the same quarter of 2021. Over the same period, the services surplus increased from HKD 20.8 billion to HKD 33.8 billion. The primary income inflow and outflow amounted to HKD 503.9 billion and HKD 425.8 billion respectively, thus yielding a net inflow of HKD 78.0 billion in the second quarter of 2022, compared with a net inflow of HKD 84.2 billion in the same quarter of 2021.
2022-09-22
Hong Kong Current Account Surplus Widens in Q1
Hong Kong’s current account surplus broadened to HKD 78.5 billion in the first quarter of 2022, from HKD 60.7 billion in the same period of the previous year and accounted for 11.6% of GDP. The goods surplus increased to HKD 14.3 billion in the first quarter of 2022, from HKD 6.3 billion in the same quarter of 2021; and the services surplus rose to HKD 43.8 billion from HKD 37.8 billion. The primary income inflow and outflow amounted to HKD 358.2 billion and HKD 334.9 billion respectively, thus yielding a net inflow of HKD 23.2 billion in the first quarter of 2022, compared with a net inflow of HKD 21.5 billion in the same quarter of 2021. At the same time, the secondary income inflow and outflow amounted to HKD 5.2 billion and HKD 8 billion, yielding a net outflow of HKD 2.8 billion, lower than a net outflow of HKD 5 billion a year ago.
2022-06-21