The Hong Kong government has revised its gross domestic product (GDP) growth forecast for 2025 from 2 to 3 per cent to 3.2 per cent, with the economy performing better than expected.

The Census and Statistics Department on Friday revealed that it upgraded the real GDP forecast for 2025 to 3.2 per cent, taking into account the actual outturn of 3.3 per cent in the first three quarters of the year and the near-term outlook.

The department also announced a revised figure of 3.8 per cent GDP growth in the third quarter, in line with an advanced estimate revealed by Financial Secretary Paul Chan Mo-po last month.

He had forecast previously during his 2025-26 Budget speech in February that Hong Kong’s economy would continue to grow moderately by 2 to 3 per cent for the year.

Acting government economist Dr Cecilia Lam said that Hong Kong’s economy should see further solid growth for the rest of 2025.

She said that sustained moderate growth of the global economy in the near term, coupled with easing China-US trade tensions and persistent demand for electronics-related products, together with a rise in inbound tourism and financial market activities, would boost Hong Kong’s exports of goods and services.