Balance of Payments: Total Net Current Account for China, P.R.: Hong Kong
HKGBCAGDPBP6PT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
86.04%
Date Range
1/1/1990 - 1/1/2029
Summary
The Balance of Payments: Total Net Current Account for China, P.R.: Hong Kong measures the net flow of capital, goods, and services between Hong Kong and the rest of the world. It is a key indicator of Hong Kong's economic health and international trade dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The total net current account balance reflects the difference between Hong Kong's total earnings from international trade and investment and its total payments. Economists and policymakers use this metric to assess Hong Kong's competitiveness, capital flows, and position in the global economy.
Methodology
The data is collected and calculated by the Hong Kong Monetary Authority based on international standards.
Historical Context
This metric is closely watched by investors, analysts, and policymakers to gauge Hong Kong's economic performance and external balances.
Key Facts
- Hong Kong has maintained a persistent current account surplus since the 1990s.
- China's trade and investment links with Hong Kong are a major driver of the current account balance.
- The current account balance is an important indicator of Hong Kong's economic stability and growth potential.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Total Net Current Account for China, P.R.: Hong Kong measures the net flow of capital, goods, and services between Hong Kong and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by investors, analysts, and policymakers to gauge Hong Kong's economic performance, international competitiveness, and external balances.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Hong Kong Monetary Authority based on international standards.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Hong Kong's competitiveness, capital flows, and position in the global economy, which informs trade, investment, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is published regularly by the Hong Kong Monetary Authority with minimal delays, providing timely insights into Hong Kong's external economic position.
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Citation
U.S. Federal Reserve, Balance of Payments: Total Net Current Account for China, P.R.: Hong Kong (HKGBCAGDPBP6PT), retrieved from FRED.