The Census and Statistics Department today (May 5) released the preliminary estimate figures for Hong Kong's Gross Domestic Product (GDP) for the first quarter this year. Based on the preliminary estimates, GDP for the first quarter of 2026 increased by 5.9%, compared with an increase of 4.0% in the fourth quarter of 2025.
A government spokesperson said that the Hong Kong economy expanded strongly in the first quarter of 2026. According to the preliminary estimate figures, real GDP grew by 5.9% in the first quarter year-on-year. This represents an acceleration from the 4.0% growth in the preceding quarter and marks the strongest quarterly growth in nearly five years. Seasonally adjusted and compared with the preceding quarter, real GDP rose clearly by 2.9%.
Looking ahead, Hong Kong's economic growth outlook remains positive, supported by strong global demand for AI-related electronic products, continued growth in the number of visitors to Hong Kong, and active cross-border financial activities. Relatively resilient business and consumer sentiment is expected to continue supporting local demand. However, continuing tensions in the Middle East pose a downside risk to the economic outlook. In this regard, the Government has put in place targeted measures to ensure a stable energy supply and mitigate the impact on relevant industries. The government will remain vigilant and continue to closely monitor developments.
(Editor: Lynn Zhou)
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