Hong Kong PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report Launched
Hong Kong is a Special Administrative Region (SAR) of the People's Republic of China. Its status is defined by the basic law (adopted in 1990 by the National People's Assembly of China), which serves as the "constitution" of the Territory, and which confers its scope to the "one country, two systems" principle. Hong Kong, officially and alternatively known by its initials H.K, is situated on China's south coast and enclosed by the Pearl River Delta and South China Sea.
Hong Kong had estimated population of 7.367 million in the year 2016 and expected to reach 7.72 million by 2022.Hong Kong’s 3.817 million populations was employed in 2016 and the unemployment rate was 3.29% of total labor force.
Hong Kong’s real gross domestic product (GDP) was around HKD 2358.62 billions in 2016 whereas the nominal GDP was HKD 2489.11 billions. This resulted in GDP deflator 105.532. Per capita GDP was estimated at USD 43527.99 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 58321.65.
In 2016, Hong Kong government’s revenue was HKD 585.201 billions whereas the expenditure was HKD 464.276 billions. This resulted German government’s net lending / borrowing at HKD 120.925 billion in 2016 indicating that enough financial resources were made available by the government to boost economic growth.
The current account balance for Hong Kong was estimated to be at USD 16.292 billions for the year 2016 and is expected to grow at a CAGR of 4.48% and reach USD 13.95 by 2022. This positive current account balance indicates the Hong Kong is net lender to the whole world.
Scope of the Hong Kong PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Hong Kong.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Hong Kong.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Hong Kong.
- These reports provide risk analysis for Hong Kong.
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