Hong Kong economy grows 3.5% in 2025, beating earlier forecasts

South China Morning PostCenter-RightEN 1 min read 100% complete by Harvey KongJanuary 30, 2026 at 09:55 AM

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Hong Kong's economy grew by 3.5% in 2025, exceeding earlier government forecasts of 3.2% and marking the city's third consecutive year of growth. Advance estimates released by the Census and Statistics Department on Friday revealed that the fourth quarter GDP increased by 3.8% compared to the previous year. The economy experienced growth of at least 3% in each of the first three quarters of 2025. This full-year GDP figure surpassed the government's initial projection, which Financial Secretary Paul Chan Mo-po had previously raised due to strong exports, resilient investment, and a buoyant asset market. Private consumption expenditure also increased by 1.6% compared to the previous year.

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Key Player Opposition Context

Census and Statistics Department 60% Paul Chan Mo-po 70% Hong Kong ×5100%

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hong kong economy 100% economic growth 90% gdp 80% economic forecast 70% private consumption expenditure 60% year-on-year 50% robust exports 40% resilient investment 40%