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Compare Hong Kong (2006) - Hong Kong (2007)

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 Hong Kong (2006)Hong Kong (2007)
 Hong KongHong Kong
Age structure 0-14 years: 13.5% (male 488,607/female 445,593)


15-64 years: 73.7% (male 2,495,679/female 2,620,336)


65 years and over: 12.8% (male 413,031/female 477,186) (2006 est.)
0-14 years: 13% (male 476,089/female 434,326)


15-64 years: 74% (male 2,515,518/female 2,652,660)


65 years and over: 12.9% (male 419,479/female 482,340) (2007 est.)
Airports 3 (2006) 2 (2007)
Airports - with paved runways total: 3


over 3,047 m: 1


1,524 to 2,437 m: 1


under 914 m: 1 (2006)
total: 2


over 3,047 m: 1


1,524 to 2,437 m: 1 (2007)
Birth rate 7.29 births/1,000 population (2006 est.) 7.34 births/1,000 population (2007 est.)
Budget revenues: $31.31 billion


expenditures: $32.3 billion; including capital expenditures of $5.9 billion (2005 est.)
revenues: $35.18 billion


expenditures: $32.18 billion (2006 est.)
Death rate 6.29 deaths/1,000 population (2006 est.) 6.45 deaths/1,000 population (2007 est.)
Debt - external $72.04 billion (2005 est.) $72.79 billion (2006 est.)
Economy - overview Hong Kong has a free market, entrepot economy, highly dependent on international trade. Natural resources are limited, and food and raw materials must be imported. Gross imports and exports (i.e., including reexports to and from third countries) 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 made manufacturing in China much more cost effective. Hong Kong's reexport business to and from China is a major driver of growth. Per capita GDP is comparable to that of the four big economies of Western Europe. GDP growth averaged a strong 5% from 1989 to 2005, but Hong Kong suffered two recessions in the past eight years because of the Asian financial crisis in 1997-1998 and the global downturn in 2001-2002. Although the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003 also battered Hong Kong's economy, a solid rise in exports, a boom in tourism from the mainland because of China's easing of travel restrictions, and a return of consumer confidence resulted in the resumption of strong growth from late 2003 through 2005. Hong Kong has a free market economy highly dependent on international trade. The territory has become more closely linked to mainland China over the past few years. Even before Hong Kong reverted to Chinese administration on 1 July 1997, it had extensive trade and investment ties with China. Hong Kong's service industry over the past decade has grown rapidly as its manufacturing industry has moved to the mainland. Hong Kong also has stepped up its efforts to gain approval to offer more mainland financial services in a bid to remain competitive with China's growing financial centers. Hong Kong's natural resources are limited, and food and raw materials must be imported. Gross imports and exports (including reexports to and from third countries) each exceed GDP in dollar value. Per capita GDP exceeds that of the four big economies of Western Europe. GDP growth averaged a strong 5% from 1989 to 2006, but Hong Kong suffered two recessions in the past eight years because of the Asian financial crisis in 1997-98 and the global downturn in 2001-02. Although the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003 also battered Hong Kong's economy, a solid rise in exports, a boom in tourism from the mainland because of China's easing of travel restrictions, and a return of consumer confidence resulted in the resumption of strong growth from late 2003 through 2006. Moreover, several large initial public offerings of Chinese companies on the Hong Kong stock exchange since late 2005 have helped to boost Hong Kong's status as a financial hub and have contributed to the improved performance of the market in late 2006.
Electricity - consumption 39.22 billion kWh (2004) 37.74 billion kWh (2005)
Electricity - exports 3.086 billion kWh (2004) 4.498 billion kWh (2005)
Electricity - imports 9.84 billion kWh (2004) 11 billion kWh (2005)
Electricity - production 37.3 billion kWh (2004) 36.14 billion kWh (2005)
Environment - international agreements party to: Marine Dumping (associate member) party to: Marine Dumping (associate member), Ship Pollution (associate member)
Ethnic groups Chinese 95%, other 5% Chinese 94.9%, Filipino 2.1%, other 3% (2001 census)
Exchange rates Hong Kong dollars per US dollar - 7.7773 (2005), 7.788 (2004), 7.7868 (2003), 7.7989 (2002), 7.7988 (2001) Hong Kong dollars per US dollar - 7.7678 (2006), 7.7773 (2005), 7.788 (2004), 7.7868 (2003), 7.7989 (2002)
Executive branch chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive Donald TSANG (since 24 June 2005)


cabinet: Executive Council consists of 14 official members and 15 non-official members


elections: previous chief executive TUNG Chee-hwa was elected to second five-year term in March 2002 by 800-member election committee dominated by pro-Beijing forces, resignation accepted 12 March 2005; Donald TSANG acted as chief executive between 12 March 2005 and 25 May 2005; Henry TANG acted as chief executive between 25 May 2005 and 24 June 2005; TSANG was elected on 16 June 2005 to fill final two years of TUNG's term (next election to be held in March 2007)
chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive Donald TSANG (since 24 June 2005)


cabinet: Executive Council consists of 14 official members and 15 non-official members


elections: chief executive elected for five-year term by 800-member electoral committee; last held on 25 March 2007 (next to be held in 2012)


election results: Donald TSANG elected chief executive receiving 84.1% of the vote; Alan LEONG received 15.9%
Exports NA bbl/day 26,090 bbl/day (2004)
Exports - partners China 45%, US 16.1%, Japan 5.3% (2005) China 47%, US 15.1%, Japan 4.9% (2006)
GDP - composition by sector agriculture: 0.1%


industry: 9.2%


services: 90.6% (2005 est.)
agriculture: 0.1%


industry: 8.6%


services: 91.3% (2006 est.)
GDP - real growth rate 7.3% (2005 est.) 6.9% (2006 est.)
Heliports 3 (2006) 5 (2007)
Illicit drugs makes strenuous law enforcement efforts, but faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people despite strenuous law enforcement efforts, faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets; modern banking system provides conduit for money laundering; rising indigenous use of synthetic drugs, especially among young people
Imports NA bbl/day 344,200 bbl/day (2004)
Imports - partners China 45%, Japan 11%, Taiwan 7.2%, Singapore 5.8%, US 5.1%, South Korea 4.4% (2005) China 45.9%, Japan 10.3%, Taiwan 7.5%, Singapore 6.3%, US 4.8%, South Korea 4.6% (2006)
Industrial production growth rate -0.6% (2005 est.) 4% (2006 est.)
Infant mortality rate total: 2.95 deaths/1,000 live births


male: 3.13 deaths/1,000 live births


female: 2.75 deaths/1,000 live births (2006 est.)
total: 2.94 deaths/1,000 live births


male: 3.12 deaths/1,000 live births


female: 2.74 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 0.9% (2005 est.) 2% (2006 est.)
International organization participation APEC, AsDB, BIS, ICC, ICFTU, IHO, IMF, IMO (associate), IOC, ISO (correspondent), UPU, WCL, WCO, WMO, WToO (associate), WTO APEC, AsDB, BIS, ICC, IHO, IMF, IMO (associate), IOC, ISO (correspondent), ITUC, UNWTO (associate), UPU, WCL, WCO, WMO, WTO
Labor force 3.61 million (October 2005) 3.583 million (2006 est.)
Languages Chinese (Cantonese), English; both are official Chinese (Cantonese) 89.2% (official), other Chinese dialects 6.4%, English 3.2% (official), other 1.2% (2001 census)
Legislative branch unicameral Legislative Council or LEGCO (60 seats; in 2004 30 seats indirectly elected by functional constituencies, 30 elected by popular vote; members serve four-year terms)


elections: last held 12 September 2004 (next to be held in September 2008)


election results: percent of vote by party - pro-democracy group 62%; seats by party - (pro-Beijing 34) DAB 12, Liberal Party 10, independents 11, FTU 1; (pro-democracy 25) independents 11, Democratic Party 9, CTU 2, ADPL 1, Frontier Party 1, NWSC 1; non-voting LEGCO president 1
unicameral Legislative Council or LEGCO (60 seats; in 2004 30 seats indirectly elected by functional constituencies, 30 elected by popular vote; members serve four-year terms)


elections: last held 12 September 2004 (next to be held in September 2008)


election results: percent of vote by party - pro-democracy 63%, pro-Beijing 37%; seats by party - (pro-Beijing 34) DAB 12, Liberal Party 10, FTU 1, independents 11; (pro-democracy 25) Democratic Party 9, CTU 2, ADPL 1, Frontier Party 1, NWSC 1, independents 11; non-voting LEGCO president 1
Life expectancy at birth total population: 81.59 years


male: 78.9 years


female: 84.5 years (2006 est.)
total population: 81.68 years


male: 78.99 years


female: 84.6 years (2007 est.)
Merchant marine total: 924 ships (1000 GRT or over) 30,838,025 GRT/51,957,682 DWT


by type: barge carrier 2, bulk carrier 495, cargo 121, chemical tanker 44, container 133, liquefied gas 22, passenger 6, passenger/cargo 7, petroleum tanker 76, roll on/roll off 3, specialized tanker 7, vehicle carrier 8


foreign-owned: 562 (Australia 1, Belgium 3, Canada 28, China 274, Denmark 6, Germany 6, Greece 27, Indonesia 4, Japan 67, South Korea 6, Norway 26, Philippines 16, Portugal 1, Singapore 24, Syria 1, Taiwan 6, UAE 2, UK 43, US 21)


registered in other countries: 417 (Bahamas 8, Belize 8, Bermuda 10, Cambodia 15, China 7, Cyprus 1, France 1, French Southern and Antarctic Lands 2, Greece 1, Honduras 2, India 1, Liberia 37, Malaysia 14, Malta 2, Marshall Islands 7, Norway 55, Panama 169, Philippines 3, Saint Vincent and the Grenadines 6, Singapore 50, Taiwan 3, Tuvalu 8, unknown 7) (2006)
total: 1,009 ships (1000 GRT or over) 34,556,075 GRT/57,423,309 DWT


by type: barge carrier 2, bulk carrier 499, cargo 135, chemical tanker 51, combination ore/oil 3, container 173, liquefied gas 24, passenger 6, passenger/cargo 5, petroleum tanker 91, roll on/roll off 4, specialized tanker 8, vehicle carrier 8


foreign-owned: 617 (Belgium 4, Canada 39, China 309, Denmark 12, France 1, Germany 10, Greece 30, Indonesia 7, Japan 78, South Korea 6, Lebanon 1, Norway 30, Pakistan 1, Philippines 10, Portugal 1, Singapore 11, Syria 1, Taiwan 11, UAE 1, UK 32, US 22)


registered in other countries: 275 (Bahamas 3, Belize 5, Bermuda 4, Cambodia 11, China 6, Cyprus 2, Honduras 1, India 1, Liberia 21, Malaysia 14, Malta 1, Marshall Islands 4, Mongolia 1, Norway 5, Panama 137, Philippines 2, Seychelles 1, Singapore 37, St Vincent and The Grenadines 7, Tuvalu 10, UK 2, unknown 7) (2007)
Military branches no regular indigenous military forces; Hong Kong garrison of China's People's Liberation Army (PLA) includes elements of the PLA Ground Forces, PLA Navy, and PLA Air Force; these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Guangzhou Military Region no regular indigenous military forces; Hong Kong garrison of China's People's Liberation Army (PLA) includes elements of Ground Forces, Navy, and Air Force; these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Guangzhou Military Region
Military expenditures - dollar figure Hong Kong garrison is funded by China; figures are NA -
Net migration rate 4.89 migrant(s)/1,000 population (2006 est.) 4.72 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Association for Democracy and People's Livelihood or ADPL [Frederick FUNG Kin-kee]; Citizens Party [Alex CHAN Kai-chung]; Democratic Alliance for the Betterment and Progress of Hong Kong or DAB [MA Lik]; Democratic Party [LEE Wing-tat]; Frontier Party [Emily LAU Wai-hing]; Liberal Party [James TIEN Pei-chun]


note: political blocs include: pro-democracy - ADPL, Democratic Party, Frontier Party; pro-Beijing - DAB, Liberal Party
Association for Democracy and People's Livelihood or ADPL [Frederick FUNG Kin-kee]; Citizens Party [Alex CHAN Kai-chung]; Civic Party [KUAN Hsin-chi]; Democratic Alliance for the Betterment and Progress of Hong Kong or DAB [MA Lik]; Democratic Party [Albert HO]; Frontier Party [Emily LAU Wai-hing]; Liberal Party [James TIEN Pei-chun]


note: political blocs include: pro-democracy - ADPL, Democratic Party, Frontier Party; pro-Beijing - DAB, Liberal Party
Political pressure groups and leaders Article 45 Concern Group (pro-democracy); Chinese General Chamber of Commerce (pro-China); Chinese Manufacturers' Association of Hong Kong; Confederation of Trade Unions or CTU (pro-democracy) [LAU Chin-shek, president; LEE Cheuk-yan, general secretary]; Federation of Hong Kong Industries; Federation of Trade Unions or FTU (pro-China) [CHENG Yiu-tong, executive councilor]; Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Szeto WAH, chairman]; Hong Kong and Kowloon Trade Union Council (pro-Taiwan); Hong Kong General Chamber of Commerce; Hong Kong Professional Teachers' Union [CHEUNG Man-kwong, president]; Neighborhood and Workers' Service Center or NWSC (pro-democracy); The Alliance [Bernard CHAN, exco member] Chinese General Chamber of Commerce (pro-China); Chinese Manufacturers' Association of Hong Kong; Confederation of Trade Unions or CTU (pro-democracy) [LAU Chin-shek, president; LEE Cheuk-yan, general secretary]; Federation of Hong Kong Industries; Federation of Trade Unions or FTU (pro-China) [CHENG Yiu-tong, executive councilor]; Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Szeto WAH, chairman]; Hong Kong and Kowloon Trade Union Council (pro-Taiwan); Hong Kong General Chamber of Commerce; Hong Kong Professional Teachers' Union [CHEUNG Man-kwong, president]; Neighborhood and Workers' Service Center or NWSC (pro-democracy); The Alliance [Bernard CHAN, exco member]
Population 6,940,432 (July 2006 est.) 6,980,412 (July 2007 est.)
Population growth rate 0.59% (2006 est.) 0.561% (2007 est.)
Sex ratio at birth: 1.08 male(s)/female


under 15 years: 1.1 male(s)/female


15-64 years: 0.95 male(s)/female


65 years and over: 0.87 male(s)/female


total population: 0.96 male(s)/female (2006 est.)
at birth: 1.08 male(s)/female


under 15 years: 1.096 male(s)/female


15-64 years: 0.948 male(s)/female


65 years and over: 0.87 male(s)/female


total population: 0.956 male(s)/female (2007 est.)
Telephone system general assessment: modern facilities provide excellent domestic and international services


domestic: microwave radio relay links and extensive fiber-optic network


international: country code - 852; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean); coaxial cable to Guangzhou, China; access to 5 international submarine cables providing connections to ASEAN member nations, Japan, Taiwan, Australia, Middle East, and Western Europe
general assessment: modern facilities provide excellent domestic and international services


domestic: microwave radio relay links and extensive fiber-optic network


international: country code - 852; multiple international submarine cables provide connections to Asia, US, Australia, the Middle East, and Western Europe; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean); coaxial cable to Guangzhou, China
Telephones - main lines in use 3,794,600 (2005) 3.85 million (2006)
Telephones - mobile cellular 8.693 million (2005) 9.356 million (2006)
Television broadcast stations 55 low power stations


note: two TV networks, each one broadcasting on two channels (2006)
55 (2 TV networks, each broadcasting on 2 channels) (2006)
Total fertility rate 0.95 children born/woman (2006 est.) 0.98 children born/woman (2007 est.)
Unemployment rate 5.5% (2005 est.) 4.9% (2006 est.)
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