Hong Kong records 5.9% quarterly economic growth, strongest in almost five years
Updated
Updated · South China Morning Post · May 5
Hong Kong records 5.9% quarterly economic growth, strongest in almost five years
10 articles · Updated · South China Morning Post · May 5
The first-quarter expansion, up from 4% in late 2025, was the strongest since 7.6% growth in the second quarter of 2021.
Private consumption, exports and government spending drove the rise, with government consumption expenditure increasing 2.9% year on year after 1.5% growth in the previous quarter.
Officials said demand for AI-related electronics, visitor arrivals and cross-boundary financial activity should support growth, though persistent Middle East tensions and higher energy costs remain risks.
Amidst a global energy crisis, how did Hong Kong's tech exports fuel its record economic growth?
As war cripples global trade, what is the secret to Hong Kong's surprising economic resilience?