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Hong Kong Economy Sees Significant 5.2% Growth in Third Quarter

Hong Kong:Hong Kong's economy expanded by 5.2% in real terms year-on-year during the third quarter of 2026, up from a 4.2% growth in the second quarter, as per official advance estimates released on Tuesday.

According to Anadolu Agency – English, the Census and Statistics Department reported that on a seasonally adjusted quarter-to-quarter basis, the real gross domestic product increased by 1.9% during the July-September period.

For the first nine months of 2026, the economy saw a 5.1% growth in real gross domestic product year-on-year, marking the fastest expansion for this period in five years. The economic uptick was attributed mainly to robust external trade and strong domestic demand, a government spokesman stated.

The total exports of goods saw a substantial surge of 30.4% in real terms compared to the same period in 2025, building on a 28.9% expansion in the previous quarter. Imports of goods also showed a notable increase of 29.9% year-on-year, following a 29.3% rise in the second quarter.

Additionally, exports of services rose by 4.3% in real terms, while imports of services climbed by 5.6%, contributing to the overall economic growth.