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.