Hong Kong's gross domestic product rose 4.3% year over year in real terms in the second quarter, slower than a 5.9% rise in the previous quarter, according to revised figures released Friday by the office of the government economist.

For the first half of the year, real GDP increased 5.1% from the same period in 2025.

Goods exports and imports climbed 28.9% and 29.3%, respectively, in real terms. Exports and imports of services rose by 3.4% and 3%, respectively.

Private consumption expenditure increased 2.8% in real terms in the three months, slower than the 4.9% increase in the preceding quarter.

The Hong Kong economy is expected to maintain solid growth in the second half of the year, supported by strong global AI-related demand, merchandise exports, logistics, tourism, and financial services. Domestic demand is also expected to remain steady, although geopolitical tensions, inflation, central-bank policies, trade protectionism, and risks from rapid global AI investment remain key challenges.

The office of the government economist raised its 2026 real GDP growth forecast to 3.5%-4.5% from the previous range of 2.5%-3.5%, citing stronger-than-expected first-half growth and near-term outlook.