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The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. [15] [16] Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, [17] and is pegged to the US dollar.
List of 31 provinces in mainland China by nominal GDP for 2023 & 2024 (at current price) [1] provinces GDP in 2024 (mil. GDP) (preliminary budget data) GDP in 2023 (mil. GDP) (revision based on the 5th econ-census) ExRate: ￥7.1217 per US dollar in 2024 [2] ExRate: ￥7.0467 per US dollar in 2023; CN¥ US$ share (%) CN¥ US$ share (%) Mainland ...
Download as PDF; Printable version; In other projects ... Hong Kong (China) 385,546 15 ... This page was last edited on 20 June 2024, ...
Hong Kong's economy grew at a slower 2.5% pace in 2024, from 3.2% in 2023, and the outlook for the Asia financial hub is now overshadowed by deepening trade tensions with the United States.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates .
Hong Kong's population inched up 0.1% in 2024 to more than 7.53 million, its third consecutive year of expansion, as the Asian financial hub saw an increase in the number of newborns and a rise in ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
Hong Kong's economy contracted 1.4% in the second quarter from the same period a year earlier, advance government data showed on Monday, as exports and investments remained sluggish, and COVID-19 ...