In the second quarter, Hong Kong's overall GDP increased by 3.1% year on year in real terms.
On September 19, the Census and Statistics Department of the Hong Kong Special Administrative Region Government released the preliminary figures of the Gross Domestic Product by economic activity for the second quarter of 2025, calculated on a month-on-month basis.
On September 19, the Census and Statistics Department of the Hong Kong Special Administrative Region Government released the preliminary figures of the Gross Domestic Product (GDP) in the second quarter of 2025, calculated by volume of goods categorized by economic activities. According to the preliminary statistics, the overall GDP in the second quarter of 2025 increased substantially by 3.1% compared to the same period in the previous year, while the growth rate in the first quarter was 3.0%.
In terms of the value added in the services industry and comparison with the same period last year, the total value added of all service activities increased substantially by 3.4% in the second quarter of 2025, compared to 2.5% in the first quarter.
The value added in import and export trade, wholesale and retail industries increased substantially by 6.1% in the second quarter of 2025 compared to the same period last year, while the growth rate in the first quarter was 4.2%.
The value added in accommodation and food services decreased by 1.8% in the second quarter of 2025 compared to the same period last year, similar to the decline in the first quarter.
The value added in the transportation, warehousing, postal and courier services industry increased substantially by 5.6% in the second quarter of 2025 compared to the same period last year, while the growth rate in the first quarter was 2.6%.
The value added in the information and communication industry increased substantially by 1.1% in the second quarter of 2025 compared to the same period last year, similar to the growth rate in the first quarter.
The value added in the financial and insurance industry increased substantially by 5.3% in the second quarter of 2025 compared to the same period last year, while the growth rate in the first quarter was 4.2%.
The value added in the real estate, professional and commercial services industry recorded a substantial decline of 0.2% in the second quarter of 2025 compared to the same period last year, while the decline in the first quarter was 0.5%.
The value added in public administration, social and personal services increased substantially by 2.2% in the second quarter of 2025 compared to the same period last year, while the growth rate in the first quarter was 1.7%.
For industries outside the services sector, the value added in local manufacturing increased substantially by 0.9% in the second quarter of 2025 compared to the same period last year, while the growth rate in the first quarter was 0.7%.
The value added in the electricity, gas and water supply, sewage and waste management industry increased substantially by 0.2% in the second quarter of 2025 compared to the same period last year, while it decreased by 1.3% in the first quarter.
The value added in the construction industry, after a substantial decline of 4.9% in the first quarter of 2025 compared to the same period last year, decreased by 8.7% in the second quarter.
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