Hong Kong

Hong Kong is a Special Administrative Region of China, located on the southeastern coast of the country. It consists of a peninsula and a group of islands, with Victoria Harbour separating the main urban area of Hong Kong Island from the Kowloon Peninsula. Hong Kong's culture is a unique mix of traditional Chinese influences and a British colonial legacy, evident in the language (Cantonese and English are the official languages), architecture, legal system, and business practices. Hong Kong's economy is one of the freest and most competitive in the world, with key sectors including international trade, finance, and tourism. The city is known for its iconic skyline, vibrant harbor, and bustling markets and restaurants. Hong Kong has a history of British colonization from 1842 until the transfer of sovereignty to China in 1997, maintaining a high degree of autonomy under the "one country, two systems" principle. Population of Hong Kong from 2018 to 2020: 2018: Approximately 7.4 million inhabitants. 2019: Approximately 7.5 million inhabitants. 2020: Approximately 7.5 million inhabitants. Capital: Hong Kong is a city-state, so its population is the same as indicated above. Top 10 urban areas by number of inhabitants in 2020: (Figures are approximate) Central and Western: ~244,600 Wan Chai: ~180,900 Eastern: ~574,500 Southern: ~274,600 Yau Tsim Mong: ~342,000 Sham Shui Po: ~405,400 Kowloon City: ~418,700 Wong Tai Sin: ~425,200 Kwun Tong: ~648,200 Tsuen Wan: ~318,100 Administrative Divisions: Hong Kong is divided into 18 districts. Central and Western Wan Chai Eastern Southern Yau Tsim Mong Sham Shui Po Kowloon City Wong Tai Sin Kwun Tong Tsuen Wan Tuen Mun Yuen Long North Tai Po Sha Tin Sai Kung Islands Kwai Tsing GDP in millions of dollars from 2018 to 2020: 2018: About $363 billion. 2019: About $368 billion. 2020: Approximately $346 billion (estimate, considering the impact of COVID-19). Public deficit in millions of dollars from 2018 to 2020: 2018-2020: (Data not available at the time of the last update) % GDP/government debt ratio from 2018 to 2020: 2018-2020: (Data not available at the time of the last update) Unemployment rate % from 2018 to 2020: 2018: Approximately 2.8%. 2019: Approximately 2.9%. 2020: Approximately 6.1% (estimate). Inflation Rate from 2018 to 2020: 2018: Around 2.4%. 2019: Approximately 2.9%. 2020: Estimated to be around 0.3%.