Hong Kong’s current account surplus narrowed to HKD 93.9 billion in the fourth quarter of 2025 from HKD 110.9 billion in the same period a year earlier. The goods account posted a deficit of HKD 32.5 billion in Q4 2025, reversing from a surplus of HKD 5.9 billion in Q4 2024. Meanwhile, the services account surplus widened further, rising to HKD 37.9 billion from HKD 32.7 billion. The primary income surplus increased sharply to HKD 93.3 billion in Q4 2025 from HKD 78.3 billion in the same quarter last year, while the secondary income deficit decreased to HKD 4.8 billion from HKD 6.0 billion. For the full year 2025, the current account surplus was HKD 406.6 billion.