Hong Kong

Economic Freedom Rating, 5-Yr Change - Hong Kong Compared to Continent

Footnote

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Uzbekistan	36.51%
Laos	20.00%
Georgia	18.21%
Tajikistan	17.02%
Kazakhstan	15.78%
Mongolia	8.81%
Vietnam	7.85%
Kyrgyztan	7.74%
Japan	7.13%
Nepal	6.11%
India	5.81%
Malaysia	5.65%
Armenia	4.48%
Pakistan	3.34%
Azerbaijan	2.22%
Hong Kong	0.50%
China	0.42%
South Korea	-0.60%
Taiwan	-0.87%
Singapore	-0.90%
Indonesia	-3.39%
Thailand	-3.54%
Sri Lanka	-6.72%
Philippines	-7.31%
Bangladesh	-8.96%
Cambodia	-11.81%
Myanmar	-11.95%
Turkmenistan	-15.54%
North Korea	-66.25%

Hong Kong: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a country’s score on the Heritage Foundation’s freedom index are calculated by the Global Property Guide to produce a 5-point rating:

• Greatly Improved
• Improved
• Nuetral
• Worse
• Much Worse

Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal

Hong Kong has good quality housing statistics. The Ratings and Valuation Department releases monthly Hong Kong Property Review which has data on house prices, rent, yield, completion, forecast completion and sales transactions. Excellent economics data are available from the Hong Kong Census and Statistics Department.