SMART
ECONOMY

Smart Economy

CURRENT STATUS

GDP

2024

GDP

  • GDP

HK$3,175.1 billion

  • GDP per capita

HK$421,990

  • Four Key Industries value added in 2023
    • Financial services
      HK$727.0 billion (24.9%)
    • Trading and logistics
      HK$547.9 billion (18.8%)
    • Professional services and other producer services
      HK$315.1 billion (10.8%)
    • Tourism
      HK$75.3 billion (2.6%)
Internet Banking

2024

Internet Banking

  • 25.52 million accounts
  • Over HK$10.10 trillion monthly transactions
Credit Cards

2024

Credit cards

  • Each Hong Kong citizen had on average 2.8 credit cards
  • 3.5 million
    (HK$2.8 billion) daily transactions
Regulatory Sandboxes

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