Hong Kong's gross domestic product grew 3.8% year over year in the fourth quarter of 2025, up from 3.7% in the third quarter, according to advance estimates released Friday by the Census and Statistics Department.
On a seasonally adjusted quarter-on-quarter basis, real GDP rose 1% in the fourth quarter of 2025.
For 2025 as a whole, Hong Kong's economy expanded 3.5% in real terms, accelerating from 2.6% growth in 2024.
Private consumption expenditure rose 2.5% year over year in the fourth quarter, while government consumption increased 1.4%.
A government spokesperson said growth momentum strengthened through 2025, driven by strong demand for electronics-related products, buoyant regional trade flows in Asia, rising inbound tourism, and vibrant cross-border financial services activity.
Looking ahead, the spokesperson said sustained global economic expansion, strong demand for AI-enabled electronic-related products, improving domestic sentiment, and expected U.S. interest rate cuts should support growth in 2026.
The spokesperson added that geopolitical risks and external policy uncertainties remain.
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