The Census and Statistics Department of the Hong Kong Special Administrative Region Government recently released pre estimated figures for the Gross Domestic Product (GDP) for the fourth quarter and the whole year of 2025, showing a year-on-year real increase of 3.8% in GDP for the fourth quarter of 2025 and a year-on-year real increase of 3.5% for the whole year of 2025. According to the analysis of the main components of the local gross domestic product, private consumption expenditure increased by 2.5% in real terms in the fourth quarter of 2025, and by 1.6% in real terms for the whole year of 2025. The total export value of goods increased by 15.5% in real terms year-on-year in the fourth quarter of 2025, further accelerating from the 12.0% growth rate in the third quarter; During the same period, imports of goods increased by 18.4% in real terms year-on-year. The total export value and import value of goods for the whole year of 2025 increased by 12.0% and 12.6% respectively year-on-year. Service output and service input will increase by 4.9% and 3.1% respectively in real terms year-on-year in the fourth quarter of 2025. The year-on-year increase in service output and service input for the whole year of 2025 was 6.3% and 4.1%, respectively. A spokesperson for the Hong Kong Special Administrative Region government stated that the Hong Kong economy will further experience significant growth in the fourth quarter of 2025, with the real gross domestic product (GDP) expanding for the third consecutive year in 2025, and the growth momentum gradually increasing. The strong demand for electronic related products and the smooth trade within Asia have driven a significant increase in overall exports of goods. Supported by the sustained growth of Hong Kong's tourism industry and active cross-border financial service activities, service output has significantly increased. The spokesperson said that looking ahead, the Hong Kong economy is expected to maintain a good momentum in 2026. The sustained moderate expansion of the global economy, coupled with the sustained strong demand for artificial intelligence electronic products worldwide, will provide support for Hong Kong's export performance. On the local front, improved consumer and business confidence, coupled with expectations of further interest rate cuts in the United States, will benefit consumer and investment activities. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
Special statement: if the pictures and texts reproduced or quoted on this site infringe your legitimate rights and interests, please contact this site, and this site will correct and delete them in time. For copyright issues and website cooperation, please contact through outlook new era email:lwxsd@liaowanghn.com