SMART
ECONOMY

Smart Economy

CURRENT STATUS

GDP

2018

GDP

  • GDP

HK$2,843 billion

  • GDP per capita

HK$ 381,544

  • Four Key Industries value added in 2018
    • Trading and logistics
      HK$571.0 billion (21.2%)
    • Financial services
      HK$532.8 billion (19.7%)
    • Professional services and other producer services
      HK$322.8 billion (12.0%)
    • Tourism
      HK$121.0 billion (4.5%)
Internet Banking

2020

Internet Banking

  • 17.9 million accounts
  • Over HK$8.6 trillion monthly transactions
Credit Cards

2020

Credit cards

  • Each Hong Kong citizen had on average 2.6 credit cards
  • 2.3 million
    (HK$1.7 billion) daily transactions
Regulatory Sandboxes

Regulators have introduced regulatory/supervisory sandboxes to qualified institutions to test out Fintech innovations