In 2025, the business income of most major service industries in Hong Kong recorded year-on-year growth.

On March 12th, the Hong Kong government's Census and Statistics Department released preliminary figures for the Business Receipts Index, showing that in the fourth quarter of 2025 compared to the fourth quarter of 2024, there was a varying degree of increase in the value-calculated business receipts for almost all major service industries. Compared to the fourth quarter of 2024, the business receipts index for the finance industry (excluding banks) (+34.7%), insurance industry (+31.9%), import/export trade industry (+20.1%), and banking industry (+16.0%) all recorded double-digit growth. On the other hand, the business receipts index for the warehousing and storage industry decreased by 3.3% during the same period. Breakdown by service sector shows that the business receipts index for computer and information technology services increased by 101.8% year-on-year, while the business receipts index for tourism, conference, and exhibition services also increased by 11.7%. Compared to the third quarter of 2025, most major service industries saw varying degrees of increase in seasonally adjusted business receipts (value-calculated) in the fourth quarter of 2025. Among them, the business receipts index for the finance industry (excluding banks) (+23.9%), real estate industry (+12.1%), and accommodation services industry (+10.4%) all recorded double-digit growth. On the other hand, the business receipts index for the insurance industry decreased by 8.0% during the same period. Breakdown by service sector shows that in the fourth quarter of 2025 compared to the third quarter of 2025, the seasonally adjusted business receipts index for tourism, conference, and exhibition services increased by 9.3%, while the index for computer and information technology services also increased by 1.6%. Overall for the full year of 2025, most major service industries saw a year-on-year increase in business receipts. Among them, the business receipts index for the finance industry (excluding banks) (+32.1%), insurance industry (+29.6%), import/export trade industry (+20.9%), and banking industry (+15.6%) all recorded double-digit growth. On the other hand, the business receipts index for the real estate industry and warehousing and storage industry fell by 3.5% and 3.1% respectively compared to the full year of 2024. Breakdown by service sector shows that the business receipts index for computer and information technology services increased by 85.5% year-on-year, while the index for tourism, conference, and exhibition services also increased by 6.6%. A spokesperson for the Hong Kong government stated that almost all service industries saw an increase in business receipts in the fourth quarter of 2025 compared to the same period last year, with double-digit growth recorded in the finance industry (excluding banks), insurance industry, import/export trade industry, and banking industry. Additionally, the growth in business receipts for the retail industry and accommodation services industry accelerated. Looking ahead, the overall business of the service industry is expected to further expand in the short term. Continued global economic growth, ongoing improvement in local consumption sentiment in Hong Kong, and a significant increase in the number of visitors to Hong Kong are expected to benefit all service industries. The Hong Kong government will closely monitor the developments of various external uncertainties, including the recent escalation of geopolitical tensions in the Middle East and the fluctuating trade and economic policies of certain major economies.