HK economy to grow in 2025 despite headwinds

advertisement
Hong Kong’s housing market has remained lackluster.  REUTERS
Hong Kong’s housing market has remained lackluster. REUTERS

Agencies and Lainey Liu

Hong Kong's economic growth slowed in 2024 as stagnant consumption and a lackluster property sector weighed on activity, but the government said it was optimistic for growth this year despite heightened uncertainties.

Gross domestic product rose at a 2.5 percent annual pace last year, according to advance estimates from the Census and Statistics Department yesterday, slowing from 3.3 percent in 2023 and matching the government's forecast.

Growth picked up to 2.4 percent in the fourth quarter, from an upwardly revised 1.9 percent in the prior three-month period.

Related Article
Disguised Unemployment: Definition and Different Types
Employability, the Labor Force, and the Economy
Command Economy: Definition, How It Works, and Characteristics
Top 32 Developed and Developing Countries
Kau Pui Lung/Chi Kiang Development Scheme homeowners offered more than HK$15,000 per square foot
Two-month high for Hong Kong Stocks by midday
XPeng boss optimistic about EV output and autonomous driving
REDA pushes for lower stamp duty
©2025 EcoInvest All Rights Reserved
Privacy Policy
Terms of Service
  •  HOME
  •  HOT ARTICLES
  •  RECOMMENDED
  •  LATEST NEWS
  •  POPULAR POSTS
  •  RELATED ARTICLE
  •  PRIVACY POLICY
  • Home
  • HOT ARTICLES
  • RECOMMENDED
  • LATEST NEWS
  • POPULAR POSTS
  • RELATED ARTICLE
  • PRIVACY POLICY