Hong Kong GDP expands 3.5pc in 2025, beats estimate

Hong Kong's economy saw a more-than-expected growth at 3.5 percent year-on-year in 2025, compared with the 3.2 percent increase of the government's estimates, marking the third consecutive year of expansion, official advance estimates showed on Friday.

In the fourth quarter alone, gross domestic product increased by 3.8 percent, surpassing the market expectation of 3 percent, according to the Census and Statistics Department.

Looking ahead, the government expected the Hong Kong economy to maintain good momentum in 2026.

Sustained moderate expansion of the global economy, coupled with persistently strong global demand for artificial intelligence-enabled electronic-related products, will lend support to Hong Kong's export performance, a government spokesman said.

Domestically, improving consumer and business sentiment, together with the expected further interest rate cuts in the United States, will benefit consumption and investment activities, the government said.

While external uncertainties persist given escalating geopolitical tensions and shifting economic, financial and trade policies of individual major economies, the government's various measures to develop the economy and diversify markets will provide support to the Hong Kong economy, it added.