SMART
ECONOMY

Smart Economy

CURRENT STATUS

GDP

2023

GDP

  • GDP

HK$2,981.6 billion

  • GDP per capita

HK$ 395,642

  • Four Key Industries value added in 2023
    • Financial services
      HK$727.1 billion (24.9%)
    • Trading and logistics
      HK$548.8 billion (18.8%)
    • Professional services and other producer services
      HK$314.8 billion (10.8%)
    • Tourism
      HK$75.3 billion (2.6%)
Internet Banking

2023

Internet Banking

  • 23.35 million accounts
  • Over HK$8.57 trillion monthly transactions
Credit Cards

2023

Credit cards

  • Each Hong Kong citizen had on average 2.6 credit cards
  • 3.0 million
    (HK$2.5 billion) daily transactions
Regulatory Sandboxes

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