Hong Kong: Difference between revisions
Pestergaines (talk | contribs) m 1 revision: Importing pages from Autrian Economics Wiki. |
m →Links: External Links to Links, replaced: ==External links== → ==Links== |
||
| Line 114: | Line 114: | ||
{{Reflist}} | {{Reflist}} | ||
== | ==Links== | ||
* [[Wikipedia:Hong Kong|Hong Kong]] on Wikipedia | * [[Wikipedia:Hong Kong|Hong Kong]] on Wikipedia | ||
* [http://www.info.gov.hk/hkma Central bank] of Hong Kong | * [http://www.info.gov.hk/hkma Central bank] of Hong Kong | ||
* BBC [http://news.bbc.co.uk/1/hi/world/asia-pacific/country_profiles/3650337.stm country profile] | * BBC [http://news.bbc.co.uk/1/hi/world/asia-pacific/country_profiles/3650337.stm country profile] | ||
[[Category:Countries]] | [[Category:Countries]] | ||
Revision as of 18:48, 21 June 2011
Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of the People's Republic of China on 1 July 1997. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be imposed on Hong Kong and that Hong Kong would enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.[1]
Economical characteristics
- Currency: Hong Kong dollar (ISO code: HKD)
- Central bank discount rate: 0.5% (31 December 2009)[1]
- Commercial banks lending rate: 5% (31 December 2009)[1]
- Stock of money (M1): $127.3 billion (31 December 2009)[1]
- Quasi money (with M1 makes M2): $757.6 billion (31 December 2009)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[2] | 163 283 | 169 121 | 166 593 | 163 781 | 158 572 | 165 886 | 177 772 | 189 932 | 207 069 | 215 355 |
| Govt. debt (% of GDP)[3] | ||||||||||
| Govt. revenue (% of GDP)[4] | ||||||||||
| Govt. expenses (% of GDP)[5] | ||||||||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 Cite error: Invalid
<ref>tag; no text was provided for refs namedCIA_HK - ↑ World Bank. "Hong Kong: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Hong Kong: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Hong Kong: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Hong Kong: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Hong Kong on Wikipedia
- Central bank of Hong Kong
- BBC country profile