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Compare Hong Kong (2002) - Hong Kong (2003)

Compare Hong Kong (2002) z Hong Kong (2003)

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 Hong Kong (2002)Hong Kong (2003)
 Hong KongHong Kong
Age structure 0-14 years: 17.5% (male 679,311; female 599,811)


15-64 years: 71.6% (male 2,587,509; female 2,641,418)


65 years and over: 10.9% (male 364,864; female 430,421) (2002 est.)
0-14 years: 17.3% (male 680,973; female 599,309)


15-64 years: 71.7% (male 2,619,929; female 2,679,430)


65 years and over: 11% (male 375,058; female 439,471) (2003 est.)
Airports 3 (2001) 3 (2002)
Airports - with paved runways total: 3


over 3,047 m: 1


1,524 to 2,437 m: 1 (2002)
total: 3


over 3,047 m: 1


1,524 to 2,437 m: 1


914 to 1523 m: 1 (2002)
Birth rate 10.92 births/1,000 population (2002 est.) 10.71 births/1,000 population (2003 est.)
Budget revenues: $22.9 billion


expenditures: $24.6 billion, including capital expenditures of $465 million (FY00/01)
revenues: $22.8 billion


expenditures: $30.7 billion, including capital expenditures of $NA (FY02/03)
Death rate 6.11 deaths/1,000 population (2002 est.) 6.19 deaths/1,000 population (2003 est.)
Debt - external $58.8 billion (2001 est.) $49.5 billion (2002 est.)
Diplomatic representation from the US chief of mission: Consul General Michael KLOSSON


consulate(s) general: 26 Garden Road, Hong Kong


mailing address: PSC 464, Box 30, FPO AP 96522-0002


telephone: [852] 2523-9011


FAX: [852] 2845-1598
chief of mission: Consul General James KEITH


consulate(s) general: 26 Garden Road, Hong Kong


mailing address: PSC 461, Box 1, FPO AP 96521-0006


telephone: [852] 2523-9011


FAX: [852] 2524-0860
Economy - overview Hong Kong has a bustling free market economy highly dependent on international trade. Natural resources are limited, and food and raw materials must be imported. Indeed, imports and exports, including reexports, each exceed GDP in dollar value. Even before Hong Kong reverted to Chinese administration on 1 July 1997 it had extensive trade and investment ties with China. Per capita GDP compares with the level in the four big economies of Western Europe. GDP growth averaged a strong 5% in 1989-97. The widespread Asian economic difficulties in 1998 hit this trade-dependent economy quite hard, with GDP down 5%. The economy, with growth of 10% in 2000, recovered rapidly from the Asian financial crisis. The recent global downturn has badly hurt Hong Kong's exports and GDP growth is estimated to be 0% in 2001. Private sector analysts project 2002 GDP growth to be 1.8%. Hong Kong has a free market economy highly dependent on international trade. Natural resources are limited, and food and raw materials must be imported. Imports and exports, including reexports, each exceed GDP in dollar value. Even before Hong Kong reverted to Chinese administration on 1 July 1997 it had extensive trade and investment ties with China. Hong Kong has been further integrating its economy with China because China's growing openness to the world economy has increased competitive pressure on Hong Kong's service industries, and Hong Kong's re-export business from China is a major driver of growth. Per capita GDP compares with the level in the four big economies of Western Europe. GDP growth averaged a strong 5% in 1989-1997, but Hong Kong suffered two recessions in the past 6 years because of the Asian financial crisis in 1998 and the global downturn of 2001-2002. The Severe Acute Respiratory Syndrome (SARS) outbreak has also battered Hong Kong's economy but the resumption of strong growth began in 2003.
Electricity - consumption 35.402 billion kWh (2000) 37.12 billion kWh (2001)
Electricity - exports 1.181 billion kWh (2000) 1.581 billion kWh (2001)
Electricity - imports 9.195 billion kWh (2000) 10.36 billion kWh (2001)
Electricity - production 29.449 billion kWh (2000) 30.48 billion kWh (2001)
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
Exchange rates Hong Kong dollars per US dollar - 7.798 (January 2002), 7.7994 (2001), 7.7918 (2000), 7.7589 (1999), 7.7462 (1998), 7.7425 (1997); note - the Hong Kong dollar is linked to the US dollar at a rate of about 7.8 Hong Kong dollars per US dollar Hong Kong dollars per US dollar - 7.8 (2002), 7.8 (2001), 7.79 (2000), 7.76 (1999), 7.75 (1998)
Executive branch chief of state: President of China JIANG Zemin (since 27 March 1993)


head of government: Chief Executive TUNG Chee-hwa (since 1 July 1997)


cabinet: Executive Council consists of three ex-officio members and 10 appointed members; ex-officio members are: Chief Secretary Donald TSANG Yam-kuen (since 1 May 2001), Financial Secretary Antony LEUNG (since 1 May 2001), and Secretary of Justice Elsie LEUNG (since 1 July 1997)


elections: NA
chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive TUNG Chee-hwa (since 1 July 1997)


cabinet: Executive Council consists of three ex-officio members and 10 appointed members; ex-officio members are: Chief Secretary Donald TSANG Yam-kuen (since 1 May 2001), Financial Secretary Antony LEUNG (since 1 May 2001), and Secretary of Justice Elsie LEUNG (since 1 July 1997)


elections: TUNG Chee-Hwa was elected to a second term in March 2002 by an 800-member election committee dominated by pro-Beijing forces; the next election is scheduled to be held in 2007
Exports $191 billion f.o.b., including reexports (2001 est.) NA (2001)
Exports - commodities clothing, textiles, footwear, electrical appliances, watches and clocks, toys, plastics, precious stones electrical machinery and appliances, textiles, apparel, footwear, watches and clocks, toys, plastics, precious stones
Exports - partners China 34%, US 23%, Japan 6%, Germany 4%, UK 4%, Taiwan 3%, Singapore 2% (2000) China 34%, US 19.5%, UK 5.5%, Japan 4.8% (2002)
GDP purchasing power parity - $180 billion (2001 est.) purchasing power parity - $198.5 billion (2002 est.)
GDP - composition by sector agriculture: 0%


industry: 14%


services: 86% (1999 est.)
agriculture: 0.1%


industry: 13.4%


services: 86.5% (2001 est.)
GDP - per capita purchasing power parity - $25,000 (2001 est.) purchasing power parity - $27,200 (2002 est.)
GDP - real growth rate 0% (2001 est.) 2.3% (2002 est.)
Highways total: 1,831 km


paved: 1,831 km


unpaved: 0 km (1997)
total: 1,831 km


paved: 1,831 km


unpaved: 0 km (1999 est.)
Illicit drugs strenuous law enforcement efforts, but faces serious challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides a conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people Makes strenuous law enforcement efforts, but faces serious challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides a conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people
Imports $203 billion (2001 est.) NA (2001)
Imports - partners China 43%, Japan 12%, Taiwan 8%, US 7%, South Korea 5%, Singapore 3% (2000) China 37.5%, Japan 12.2%, Taiwan 7.3%, US 6.2%, Singapore 5.3%, South Korea 5% (2002)
Industrial production growth rate -9% (2001 est.) -9.7% (2002 est.)
Infant mortality rate 5.73 deaths/1,000 live births (2002 est.) total: 5.63 deaths/1,000 live births


male: 5.44 deaths/1,000 live births


female: 5.84 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) -1.6% (2001 est.) 3% (2002 est.)
International organization participation APEC, AsDB, BIS, CCC, ESCAP (associate), ICC, ICFTU, IHO, IMO (associate), Interpol (subbureau), IOC, ISO (correspondent), WCL, WMO, WToO (associate), WTrO APEC, AsDB, BIS, ESCAP (associate), ICC, ICFTU, IHO, IMO (associate), Interpol (subbureau), IOC, ISO (correspondent), WCL, WCO, WMO, WToO (associate), WTrO
Judicial branch The Court of Final Appeal in the Hong Kong Special Administrative Region Court of Final Appeal in the Hong Kong Special Administrative Region
Labor force 3.44 million (2001 est.) 3.52 million (2001 est.)
Labor force - by occupation wholesale and retail trade, restaurants, and hotels 31%, financing, insurance, and real estate 13%, community and social services 11%, manufacturing 7%, transport and communications 6%, construction 2%, other 30% (2001 est.) wholesale and retail trade, restaurants, and hotels 31%, financing, insurance, and real estate 13%, community and social services 12%, manufacturing 6%, transport and communications 6%, construction 5%, other 25% (2002 est.)
Legislative branch unicameral Legislative Council or LEGCO (60 seats; 30 indirectly elected by functional constituencies, 24 elected by popular vote, and 6 elected by an 800-member election committee; members serve four-year terms)


elections: last held 10 September 2000 (next to be held NA 2004)


election results: percent of vote by party - NA%; seats by party - Democratic Party 12, Democratic Alliance for the Betterment of Hong Kong 10, Liberal Party 7, Frontier Party 5, Hong Kong Progressive Alliance 4, New Century Forum 2, Hong Kong Association for Democracy and People's Livelihood 1, independents 19
unicameral Legislative Council or LEGCO (60 seats; 30 indirectly elected by functional constituencies, 24 elected by popular vote, and 6 elected by an 800-member election committee; members serve four-year terms)


elections: last held 10 September 2000 (next to be held in September 2004)


election results: percent of vote by party - NA%; seats by party - Democratic Party 12, Democratic Alliance for the Betterment of Hong Kong 10, Liberal Party 7, Frontier Party 5, Hong Kong Progressive Alliance 4, New Century Forum 2, Hong Kong Association for Democracy and People's Livelihood 1, independents 19
Life expectancy at birth total population: 79.8 years


male: 77.1 years


female: 82.69 years (2002 est.)
total population: 79.93 years


male: 77.23 years


female: 82.83 years (2003 est.)
Literacy definition: age 15 and over has ever attended school


total population: 92.2%


male: 96%


female: 88.2% (1996 est.)
definition: age 15 and over has ever attended school


total population: 94%


male: 97.1%


female: 90.5% (2003 est.)
Merchant marine total: 433 ships (1,000 GRT or over) totaling 13,539,257 GRT/22,682,757 DWT


ships by type: barge carrier 1, bulk 264, cargo 38, chemical tanker 10, combination bulk 2, container 73, liquefied gas 8, multi-functional large-load carrier 1, petroleum tanker 32, refrigerated cargo 1, short-sea passenger 1, vehicle carrier 2


note: includes some foreign-owned ships registered here as a flag of convenience: Belgium 5, Belize 1, British Virgin Islands 1, China 115, Denmark 2, Germany 19, Greece 2, India 8, Japan 8, Liberia 1, Malaysia 7, Norway 1, Panama 2, Philippines 5, Singapore 7, South Korea 2, Taiwan 1, United Kingdom 27, Virgin Islands (UK) 1 (2002 est.)
total: 549 ships (1,000 GRT or over) 16,176,728 GRT/27,119,764 DWT


ships by type: barge carrier 1, bulk 315, cargo 66, chemical tanker 15, combination bulk 2, container 86, liquefied gas 16, multi-functional large-load carrier 1, petroleum tanker 40, refrigerated cargo 2, roll on/roll off 2, short-sea passenger 1, vehicle carrier 2, includes some foreign-owned ships registered here as a flag of convenience: Belgium 5, Belize 1, British Virgin Islands 1, China 115, Denmark 2, Germany 19, Greece 2, India 8, Japan 8, Liberia 1, Malaysia 7, Norway 1, Panama 2, Philippines 5, Singapore 7, South Korea 2, Taiwan 1, UK 27, Virgin Islands (UK) 1


note: (2002 est.)
Military expenditures - percent of GDP NA% NA% (FY02)
Military manpower - availability males age 15-49: 2,028,208 (2002 est.) males age 15-49: 2,033,716 (2003 est.)
Military manpower - fit for military service males age 15-49: 1,523,378 (2002 est.) males age 15-49: 1,524,903 (2003 est.)
Military manpower - military age 18 years of age (2002 est.) 18 years of age (2003 est.)
Military manpower - reaching military age annually males: 47,139 (2002 est.) males: 47,477 (2003 est.)
Net migration rate 7.76 migrant(s)/1,000 population (2002 est.) 7.64 migrant(s)/1,000 population (2003 est.)
Population 7,303,334 (July 2002 est.) 7,394,170 (July 2003 est.)
Population growth rate 1.26% (2002 est.) 1.22% (2003 est.)
Radios 4.45 million (1997) -
Sex ratio at birth: 1.07 male(s)/female


under 15 years: 1.13 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.85 male(s)/female


total population: 0.99 male(s)/female (2002 est.)
at birth: 1.07 male(s)/female


under 15 years: 1.14 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.85 male(s)/female


total population: 0.99 male(s)/female (2003 est.)
Total fertility rate 1.3 children born/woman (2002 est.) 1.32 children born/woman (2003 est.)
Unemployment rate 5.2% (2001 est.) 7.5% (2002 est.)
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