Hong Kong SAR, China Labour Productivity Growth

1982 - 2024 | Quarterly | % | CEIC Data

Key information about Hong Kong SAR (China) Labour Productivity Growth

  • Hong Kong SAR (China) Labour Productivity dropped by 2.22 % YoY in Sep 2024, compared with a growth of 2.94 % in the previous quarter
  • Hong Kong SAR (China) Labour Productivity Growth data is updated quarterly, available from Dec 1982 to Sep 2024, averaging at 2.80 %
  • The data reached an all-time high of 13.38 % in Dec 1986 and a record low of -7.41 % in Sep 1998

CEIC calculates quarterly Labour Productivity Growth from quarterly Real GDP and quarterly Employment. Census and Statistics Department provides Real GDP in local currency, at chain linked 2022 prices and Employment

View Hong Kong SAR, China's Labour Productivity Growth from Dec 1982 to Sep 2024 in the chart:

Hong Kong SAR, China Labour Productivity Growth

What was Hong Kong SAR, China's Labour Productivity Growth in Sep 2024?

Hong Kong SAR (China) Labour Productivity dropped by 2.22 % YoY in Sep 2024, compared with a growth of 2.94 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.22 Sep 2024 2.94 Jun 2024 -7.41 Sep 1998 13.38 Dec 1986 % quarterly Dec 1982 - Sep 2024

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 1.59 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) 0.71 2023 yearly 1992 - 2023
Argentina (%) -4.29 2023 yearly 1992 - 2023
Armenia (%) 8.23 Jun 2024 quarterly Mar 2009 - Jun 2024
Australia (%) -1.74 Sep 2024 quarterly Jun 1979 - Sep 2024
Austria (%) -0.66 Sep 2024 quarterly Mar 2005 - Sep 2024
Azerbaijan (%) 3.84 Sep 2024 quarterly Mar 2009 - Sep 2024
Bahrain (%) -4.05 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 4.20 2023 yearly 1992 - 2023
Belarus (%) 3.86 Sep 2024 quarterly Mar 2006 - Sep 2024
Belgium (%) -0.31 Jun 2024 quarterly Mar 2000 - Jun 2024
Bolivia (%) 0.41 2023 yearly 2000 - 2023
Bosnia and Herzegovina (%) -0.91 2023 yearly 2007 - 2023
Botswana (%) 7.48 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.85 2023 yearly 1992 - 2023
Brunei (%) -1.76 2023 yearly 1992 - 2023
Bulgaria (%) 0.56 Jun 2024 quarterly Mar 2001 - Jun 2024
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) -0.17 Sep 2024 quarterly Mar 1977 - Sep 2024
Chile (%) -0.25 Sep 2024 quarterly Mar 1987 - Sep 2024
China (%) 4.27 2023 yearly 1953 - 2023
Colombia (%) 1.45 Sep 2024 quarterly Mar 2002 - Sep 2024
Croatia (%) -1.53 Sep 2024 quarterly Mar 2008 - Sep 2024
Cyprus (%) 1.85 Sep 2024 quarterly Jun 2005 - Sep 2024
Czech Republic (%) -0.22 Sep 2024 quarterly Mar 1997 - Sep 2024
Denmark (%) 2.40 Sep 2024 quarterly Mar 1991 - Sep 2024
Ecuador (%) 0.24 2022 yearly 1992 - 2022
Egypt (%) 2.27 Sep 2024 quarterly Mar 2004 - Sep 2024
Estonia (%) -1.39 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 0.29 Sep 2024 quarterly Mar 2006 - Sep 2024
Finland (%) 1.92 Sep 2024 quarterly Mar 1991 - Sep 2024
France (%) -0.13 2023 yearly 1979 - 2023
Georgia (%) 3.72 2023 yearly 1997 - 2023
Germany (%) 0.00 Sep 2024 quarterly Mar 1992 - Sep 2024
Ghana (%) 0.65 2023 yearly 1992 - 2023
Greece (%) 1.45 Sep 2024 quarterly Mar 1996 - Sep 2024
Hong Kong SAR, China (%) 2.22 Sep 2024 quarterly Dec 1982 - Sep 2024
Hungary (%) -0.75 Sep 2024 quarterly Mar 1999 - Sep 2024
Iceland (%) -6.43 Sep 2024 quarterly Mar 2004 - Sep 2024
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) 3.00 2023 yearly 1992 - 2023
Ireland (%) -0.77 Sep 2024 quarterly Mar 1999 - Sep 2024
Israel (%) -2.23 Sep 2024 quarterly Mar 2013 - Sep 2024
Italy (%) -1.08 Sep 2024 quarterly Mar 1997 - Sep 2024
Ivory Coast (%) 3.12 2023 yearly 1992 - 2023
Japan (%) 0.07 Sep 2024 quarterly Mar 1995 - Sep 2024
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 3.91 Dec 2023 quarterly Mar 2002 - Dec 2023
Kenya (%) 0.50 2023 yearly 2011 - 2023
South Korea (%) 0.94 Sep 2024 quarterly Sep 1983 - Sep 2024
Kosovo (%) -6.22 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 1.60 2018 yearly 1992 - 2018
Kyrgyzstan (%) 3.15 2023 yearly 1993 - 2023
Laos (%) 1.51 2023 yearly 1992 - 2023
Latvia (%) 0.11 Jun 2024 quarterly Mar 2003 - Jun 2024
Lebanon (%) 2.12 2023 yearly 1992 - 2023
Lithuania (%) 1.64 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 0.08 Sep 2024 quarterly Mar 1996 - Sep 2024
Macau SAR, China (%) 1.89 Sep 2024 quarterly Mar 2002 - Sep 2024
North Macedonia (%) 2.13 Sep 2024 quarterly Mar 2005 - Sep 2024
Malawi (%) -2.12 2023 yearly 1992 - 2023
Malaysia (%) 2.41 Sep 2024 quarterly Mar 2001 - Sep 2024
Malta (%) -0.04 Sep 2024 quarterly Dec 2001 - Sep 2024
Mauritius (%) 33.41 Mar 2024 quarterly Mar 2005 - Mar 2024
Mexico (%) 1.03 Sep 2024 quarterly Jun 1996 - Sep 2024
Moldova (%) 6.48 Jun 2024 quarterly Mar 2001 - Jun 2024
Mongolia (%) 1.34 Sep 2024 quarterly Sep 2007 - Sep 2024
Montenegro (%) 4.92 Sep 2024 quarterly Mar 2011 - Sep 2024
Morocco (%) 4.95 2023 yearly 2000 - 2023
Mozambique (%) 1.44 2023 yearly 1992 - 2023
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) -0.24 2023 yearly 1992 - 2023
Netherlands (%) 0.80 Sep 2024 quarterly Mar 1996 - Sep 2024
New Zealand (%) -0.68 Sep 2024 quarterly Jun 1988 - Sep 2024
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 2.96 Sep 2024 quarterly Mar 1996 - Sep 2024
Oman (%) -4.24 2023 yearly 1999 - 2023
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 2.87 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 4.33 2023 yearly 1992 - 2023
Paraguay (%) 3.22 Sep 2024 quarterly Mar 2018 - Sep 2024
Peru (%) -0.87 2022 yearly 2002 - 2022
Philippines (%) 1.98 2023 yearly 1992 - 2023
Poland (%) 1.57 Sep 2024 quarterly Dec 1999 - Sep 2024
Portugal (%) 0.12 Sep 2024 quarterly Mar 1996 - Sep 2024
Qatar (%) -0.77 2023 yearly 2012 - 2023
Romania (%) -0.05 Sep 2024 quarterly Mar 1996 - Sep 2024
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 1.87 Sep 2024 quarterly Mar 2015 - Sep 2024
Singapore (%) 4.10 Sep 2024 quarterly Mar 1986 - Sep 2024
Slovakia (%) 1.62 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 1.49 Sep 2024 quarterly Mar 1996 - Sep 2024
South Africa (%) -0.89 Sep 2024 quarterly Mar 2009 - Sep 2024
Spain (%) 1.51 Sep 2024 quarterly Mar 1996 - Sep 2024
Sri Lanka (%) 5.03 Jun 2024 quarterly Jun 2013 - Jun 2024
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 1.98 Sep 2024 quarterly Mar 1994 - Sep 2024
Switzerland (%) 1.47 Sep 2024 quarterly Mar 2011 - Sep 2024

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Hong Kong SAR, China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.1 Sep 2024 quarterly Sep 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) 2,443.263 Nov 2024 monthly Oct 1998 - Nov 2024
Tax Revenue (USD mn) 4,221.749 Sep 2024 quarterly Sep 1979 - Sep 2024
Tax Revenue: % of GDP (%) 4.1 Sep 2024 quarterly Sep 1979 - Sep 2024
National Government Debt (USD mn) 190,086.3 2024 yearly 2003 - 2024
Government Debt: % of GDP (%) 49.1 2024 yearly 2003 - 2024
Forecast: Government Expenditure (HKD bn) 865.064 2030 yearly 1982 - 2030
Forecast: Government Net Debt (HKD bn) 535.809 2030 yearly 2005 - 2030
Forecast: Government Revenue (HKD bn) 902.207 2030 yearly 1982 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.054 2029 yearly 1980 - 2029
Trade Balance (USD mn) -5,576.4 Nov 2024 monthly Jan 1957 - Nov 2024
Total Exports (USD mn) 50,732.6 Nov 2024 monthly Jan 1957 - Nov 2024
Total Exports Growth (%) 2.1 Nov 2024 monthly Jan 1953 - Nov 2024
Aluminum: Exports (USD th) 192,379.347 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,261,766.538 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 215,338.532 2022 yearly 1995 - 2022
Total Imports (USD mn) 56,308.9 Nov 2024 monthly Jan 1957 - Nov 2024
Total Imports Growth (%) 5.7 Nov 2024 monthly Jan 1953 - Nov 2024
Imports: Medicament (USD th) 3,466,916.054 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 932,558.317 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 3,015.776 Nov 2024 monthly Apr 1964 - Nov 2024
Total Imports from USA (USD mn) 2,248.777 Nov 2024 monthly Apr 1964 - Nov 2024
Total Exports to China (USD mn) 30,141.921 Nov 2024 monthly Apr 1964 - Nov 2024
Total Imports from China (USD mn) 24,135.679 Nov 2024 monthly Apr 1964 - Nov 2024
Exports: Road Vehicles, Including Air-Cruhion Vehicles (HKD mn) 1,025.486 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: Electrical Machinery, Apparatus and Appliances (HKD mn) 198,078.586 Nov 2024 monthly Jan 1991 - Nov 2024
Exports: General Industrial Machinery and Equipment nes (HKD mn) 2,474.080 Oct 2024 monthly Jan 1991 - Oct 2024
Exports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 44,447.105 Nov 2024 monthly Jan 1991 - Nov 2024
Exports: Office Machines & Automatic Data Processing Machines (HKD mn) 48,341.984 Nov 2024 monthly Jan 1991 - Nov 2024
Imports: Office Machines & Automatic Data Processing Machines (HKD mn) 44,526.121 Nov 2024 monthly Jan 1991 - Nov 2024
Imports: Telecom & Sound Recording & Reproducing Equipment (HKD mn) 48,951.891 Nov 2024 monthly Jan 1991 - Nov 2024
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 13,172.6 Sep 2024 quarterly Mar 1999 - Sep 2024
Current Account Balance (USD mn) 15,491.4 Sep 2024 quarterly Mar 1999 - Sep 2024
Current Account Balance: % of GDP (%) 14.9 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Direct Investment (USD mn) 27,032.3 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Direct Investment: % of GDP (%) 26.0 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment (USD mn) 1,175.550 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -5,323.4 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 6,498.865 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt (USD mn) 1,925,470.5 Sep 2024 quarterly Mar 2001 - Sep 2024
External Debt: % of GDP (%) 483.7 2023 yearly 2001 - 2023
External Debt: Short Term (USD mn) 1,166,589.1 Sep 2024 quarterly Mar 2001 - Sep 2024
External Debt: Short Term: % of GDP (%) 299.0 2023 yearly 2001 - 2023
Forecast: Current Account Balance (USD bn) 43.397 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 2,066,472.140 Sep 2024 quarterly Mar 2010 - Sep 2024
BoP: FA: Portfolio Investment (PI) (HKD mn) 138,542.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods: Debit (HKD mn) 1,261,107.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Current Account (CA) (HKD mn) 120,816.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: PInc: Debit (HKD mn) 528,851.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Secondary Income (SInc) (HKD mn) -5,052.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CFA: Reserve Assets (HKD mn) -22,953.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Other investment (OI) (HKD mn) 117,932.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods (HKD mn) -1,136.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Current Account: Credit (HKD mn) 2,096,825.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Net Errors and Omissions (HKD mn) -35,869.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account: Credit (HKD mn) 3.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services: Credit (HKD mn) 215,991.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: OI: Liabilities (HKD mn) 85,876.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services: Debit (HKD mn) 176,226.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account (HKD mn) -218.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: OI: Assets (HKD mn) 203,808.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Capital Account: Debit (HKD mn) 222.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: DI: Liabilities (LB) (HKD mn) 210,822.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Current Account: Debit (HKD mn) 1,976,008.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Financial Account (FA) (HKD mn) 84,729.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Goods: Credit (HKD mn) 1,259,971.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: PI: Assets (AS) (HKD mn) 147,710.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: PInc: Credit (HKD mn) 616,090.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: SInc: Debit (HKD mn) 9,825.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Services (HKD mn) 39,765.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Financial Derivatives (FD) (HKD mn) -40,701.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: Overall Balance (HKD mn) -22,953.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: DI: Assets (AS) (HKD mn) 102,732.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: SInc: Credit (HKD mn) 4,773.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: PI: Liabilities (LB) (HKD mn) 9,168.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: CA: Primary Income (PInc) (HKD mn) 87,239.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: Direct Investment (DI) (HKD mn) -108,090.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: FD: Assets (HKD mn) -153,860.000 Sep 2024 quarterly Mar 1999 - Sep 2024
BoP: FA: FD: Liabilities (HKD mn) -113,159.000 Sep 2024 quarterly Mar 1999 - Sep 2024
International Investment Position (IIP): Assets (HKD mn) 52,982,050.000 Sep 2024 quarterly Mar 2010 - Sep 2024
IIP: Net (HKD mn) 16,055,042.000 Sep 2024 quarterly Mar 2010 - Sep 2024
IIP: Liabilities (HKD mn) 36,927,008.000 Sep 2024 quarterly Mar 2010 - Sep 2024
External Debt (ED): Total (HKD mn) 14,959,558.000 Sep 2024 quarterly Mar 2002 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.2 Sep 2024 quarterly Mar 1997 - Sep 2024
Household Debt: % of GDP (%) 89.0 Sep 2024 quarterly Mar 1982 - Sep 2024
Money Supply M1 (USD mn) 203,759.922 Nov 2024 monthly Jan 1985 - Nov 2024
Money Supply M2 (USD mn) 2,352,297.347 Nov 2024 monthly Dec 1980 - Nov 2024
M2 Growth (%) 7.3 Nov 2024 monthly Dec 1981 - Nov 2024
Foreign Exchange Reserves (USD mn) 424,963.0 Nov 2024 monthly Apr 2000 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 105.488 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 9.3 May 2023 monthly Apr 2000 - May 2023
Gold Reserves (USD mn) 178.000 Nov 2024 monthly Dec 1990 - Nov 2024
Total Deposits (USD mn) 2,212,662.522 Nov 2024 monthly Jan 1991 - Nov 2024
Total Deposits Growth (%) 7.1 Nov 2024 monthly Jan 1992 - Nov 2024
Domestic Credit (USD mn) 1,037,048.3 Sep 2024 monthly Dec 1990 - Sep 2024
Domestic Credit Growth (%) 3.0 Sep 2024 monthly Dec 1991 - Sep 2024
Debt Service Ratio: Private Non-Financial Sector (%) 35.900 Jun 2024 quarterly Mar 1999 - Jun 2024
Credit to Households (USD bn) 356.069 Jun 2024 quarterly Dec 1990 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 1,343.702 Jun 2024 quarterly Dec 1978 - Jun 2024
Household Debt (USD mn) 358,418.1 Sep 2024 quarterly Mar 1982 - Sep 2024
Total Loans (USD mn) 1,269,846.151 Nov 2024 monthly Dec 1978 - Nov 2024
Total Loans Growth (%) -3.08 Nov 2024 monthly Dec 1979 - Nov 2024
Private Debt: % of Nominal GDP (%) 199.08 Sep 2024 quarterly Dec 1973 - Sep 2024
Deposits: Renminbi: Total Outstandings (RMB mn) 554,316.75 Mar 2018 monthly Feb 2004 - Mar 2018
HK: Loans & Advances: Total (HKD mn) 9,652,390.44 Mar 2018 monthly Dec 1978 - Mar 2018
HK: Residential Mortgage: Value: Outstanding Loans (OL) (HKD mn) 1,228,442.00 Mar 2018 monthly Dec 2000 - Mar 2018
HK: Residential Mortgage: Value: New Loans Made (HKD mn) 29,750.00 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -11.0 Dec 2024 quarterly Mar 2009 - Dec 2024
BTS: Expected Changes: BS: sa: Retail (%) -19.000 Dec 2024 quarterly Mar 2008 - Dec 2024
BTS: Expected Changes: Business Situation (BS): sa (%) -3.000 Dec 2024 quarterly Mar 2008 - Dec 2024

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