Advance estimates released by the Census and Statistics Department on Friday also showed gross domestic product (GDP) in the fourth quarter increased by 3.8 per cent compared with the previous year.
Hong Kong’s GDP expanded by at least 3 per cent in each of the first three quarters of 2025, rising 3 per cent year on year in the first quarter, 3.1 per cent in the second and 3.8 per cent in the third.
The economy expanded by 3.2 per cent and 2.5 per cent year on year in 2023 and 2024, respectively. The full-year GDP figure also exceeded the government’s earlier forecast of a 3.2 per cent increase.
Financial Secretary Paul Chan Mo-po had previously raised Hong Kong’s GDP growth forecast from between 2 and 3 per cent to 3.2 per cent, attributing the stronger projection to robust exports, resilient investment and a buoyant asset market.
For 2025 as a whole, private consumption expenditure increased by 1.6 per cent compared with a year earlier, following a 0.7 per cent decline in 2024.
