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In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the Great Recession. [33] By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York City and Rotterdam in terms of container throughput. Hong Kong is a full Member of the World Trade Organization. [34]
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
Economic Statistics Division (2): This Division deals with sectoral economic statistics, statistics on science and technology, and statistics on companies in Hong Kong with parent companies located outside Hong Kong. It also handles publication matters and organises human resources development activities for statistical grade staff;
Until 2015, China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years. [133] [134] Its rapid and sustained economic expansion has lifted hundred of millions of people out of poverty and has made the nation a major engine of economic growth globally.
Hong Kong’s economy has struggled to regain momentum since it reopened after more than two years of self-imposed Covid isolation. In 2023, its GDP grew 3.2%, thanks to a low base in 2022, but it ...
The weights used are the values that best explain growth in recent years [10] For example, the sophistication and innovation factors contribute 10% to the final score in factor and efficiency-driven economies, but 30% in innovation-driven economies. Intermediate values are used for economies in transition between stages.
Anti-government protests in 2019, followed by Beijing’s swift imposition of a sweeping national security law in 2020 and three years of draconian COVID lockdowns prompted an exodus of tens of ...
The move to add more names to Hong Kong's wanted list comes as the city strives to revive economic growth and refurbish its international reputation after a years-long crackdown on dissent that ...