14.11.202508:57:34UTC+00Hong Kong GDP Growth Confirmed at Almost 2-Year High

Hong Kong's economy demonstrated a robust growth of 3.8% year-on-year in the third quarter of 2025, consistent with initial projections and an improvement from the 3.1% increase recorded in the previous quarter. This performance signifies the strongest growth since the fourth quarter of 2023, primarily driven by vigorous export activities and stable domestic demand. Exports of goods surged by 12.1%, fueled by a high demand for electronics and a reduction in US-China trade tensions, while service exports increased by 6.1%, bolstered by a rise in inbound tourism and robust financial market activities. Conversely, imports grew at a more measured rate, with goods imports rising by 11.7% and service imports by 2.6%. Domestically, private consumption increased by 2.1%, compared to 1.9% previously, government expenditure rose by 1.9%, down from 2.5%, and overall investment grew by 4.3%, up from 1.9%, indicating a gradual recovery in consumer confidence and a steady improvement in business sentiment. On a seasonally adjusted quarterly basis, the GDP grew by 0.7%, following a 0.4% increase in the preceding quarter.