Current Account Balance in Hong Kong
The current account balance in Hong Kong averaged 5.4% of GDP in the decade to 2022, which is above the Asia-Pacific region's average of 1.9% of GDP. The 2022 reading was 10.5% of GDP. For more current account information, visit our dedicated page.
Hong Kong Current Account Chart
Note: This chart displays Current Account (% of GDP) for Hong Kong from 2014 to 2023.
Source: Macrobond.
Hong Kong Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | 5.9 | 7.0 | 11.8 | 10.2 | 8.6 |
| Current Account Balance (USD bn) | 21.2 | 24.1 | 43.7 | 36.5 | 32.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Hong Kong current account projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Hong Kong current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Hong Kong current account projections.
Want to get access to the full dataset of Hong Kong current account forecasts? Send an email to info@focus-economics.com.