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Hong Kong (China SAR) PESTLE Insights - A Macroeconomic Outlook Report

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    Country Profile

  • 46 Pages
  • November 2023
  • Region: Hong Kong
  • GlobalData
  • ID: 4544513
Financial intermediation, real estate, and business activities contributed 30.4% to the gross value added (GVA) in 2022, followed by wholesale, retail, and hotel activities (21.1%), and transport, storage, and communications (11.0%). In nominal terms, all three sectors are expected to grow by 6.0% each in 2023.

The major regions of Hong Kong (China SAR) are Hong Kong (China SAR) Island and Kowloon, which contain most of the economic activity and population.

Overall, the HSI Index exhibited a declining trend over the past year. As of August 29, 2023, the index stood at 18,484.0, compared to 20,023.2 on August 29, 2022.

Scope

  • Hong Kong (China SAR) plans to construct a Wang Tong River Bridge in Mui Wo, with a cost of $12.7 million, to expand river crossing and improve traffic safety by 2024.

Reasons to Buy

  • Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
  • PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
  • Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
  • This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Table of Contents

  • Did You Know?
  • Country Highlights
  • Key Economic Updates
  • Country Snapshot
  • Political Landscape
  • Economic Landscape
  • Social Landscape
  • Technological Landscape
  • Legal Landscape
  • Environmental Landscape
  • Outlook
List of Tables
  • Exhibit 1: Hong Kong (China SAR) performance in country risk analysis in comparison to Asia Pacific and the World average
  • Exhibit 2: Performance overview (score: 1-100)
  • Exhibit 3: Broad categories and weights behind the index
  • Exhibit 4: Hong Kong (China SAR) stock market (HSI Index)
  • Exhibit 5: Key sectors’ contribution to the economy
  • Exhibit 6: FDI inflows, FDI outflows, FDI inward stock and FDI outward stock (2018-22)
  • Exhibit 7: Greenfield FDI projects and net cross border M&A deals (2018-22)
  • Exhibit 8: Key infrastructure indicators
  • Exhibit 9: Real GDP and household consumption growth rate (2018-25f)
  • Exhibit 10: Real GDP growth rate comparison (2022)
  • Exhibit 11: Volume of exports and imports growth (2018-25f)
  • Exhibit 12: Current account balance (2018-25f)
  • Exhibit 13: Top three commodity exports, % of total exports (2018-22)
  • Exhibit 14: Exports of electrical machinery and equipment and parts thereof, % of world total (2022)
  • Exhibit 15: Interest rates (September 2018 - September 2023)
  • Exhibit 16: Exchange rate and inflation (2018-25f)
  • Exhibit 17: General government deficit (2018-25f)
  • Exhibit 18: General government debt (2018-25f)
  • Exhibit 19: Unemployment rate (2018-25f)
  • Exhibit 20: Average annual wages (2018-25f)
  • Exhibit 21: Labor cost index (2018-25f)
  • Exhibit 22: Rural/urban share of total population (1995, 2005, 2015, 2025f)
  • Exhibit 23: Age-group share of total population (2005, 2015, 2025f)
  • Exhibit 24: Gender split (1995, 2005, 2015, 2025f)
  • Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
  • Exhibit 26: Number of patents granted per million population (2022)
  • Exhibit 27: High-technology exports, % of manufactured exports (2021)
  • Exhibit 28: Rule of law (rankings) 2022
  • Exhibit 29: Corruption perceptions index (rankings) (2022)
  • Exhibit 30: Renewable energy capacity (2017-21)
  • Exhibit 31: CO2 emissions (2018-22)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Belle International
  • Lenovo
  • CITIC