Hong Kong PESTLE Insights - A Macroeconomic Outlook Report

Hong Kong PESTLE Insights - A Macroeconomic Outlook Report

Summary

Financial intermediation, real estate and business activities contributed 31.5% to the country’s gross value added (GVA) in 2021, followed by wholesale, retail and hotels (22.6%) and transport, storage and communication (8.6%). The sectors are expected to grow by 6.8%, 5.1%, 3.8%, respectively, in 2022, according to GlobalData.

The major regions of Hong Kong are Hong Kong Island and Kowloon, where most of the economic activity and population is concentrated

Overall, the HSI Index exhibited a declining trend over last year. The Index stood at 20,172.9 on August 1, 2022, compared to 25,961, on August 1, 2021.

Scope

• Hong Kong’s FDI inflows rose by 4.5% over last year in 2021, according to UNCTAD

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.