The Hong Kong economy has been on a continuous growth in the third quarter of 2025, with the real gross domestic product (GDP) increasing 3.8 percent on an annual basis as per the official data.
Advance estimates in the Census and Statistics Department of the government of Hong Kong Special Administrative Region recorded a growth rate even higher than the 3.1 percent registered in the previous quarter.
During a year of breakdown, the growth of private consumption expenditure increased by 2.1 percent in real terms as compared to 1.9 percent in the previous quarter.
According to a spokesperson of the government of HKSAR, the Hong Kong economy had a strong performance in the July-September period, which was attributed to the economic growth caused by a sustained boom in exports as well as a consistent growth in domestic demand.
The fact that there has been a significant increase in overall export of goods was largely driven by a high demand for electronics-related products and surging regional trade flows, the spokesperson indicated.
Services exports also registered significant growth, aided by sustained growth in inbound tourism and bustling cross-border financial transactions in the light of increased stock markets in the world.
In the future, the spokesperson projects that the Hong Kong economy will continue to record good growth till the end of 2025, but they warned of external uncertainties, particularly the effects of the trade barriers on the rest of the global economy, international trade, and financial status.