This was largely underpinned by a pick-up in goods exports while private consumption expenditure growth slowed down. On a seasonally adjusted quarter-to-quarter comparison, the economy rebounded distinctly by 1.6 percent, after the 0.5 percent decline in the preceding quarter. GDP Annual Growth Rate in Hong Kong averaged 5.36 percent from 1974 until 2015, reaching an all time high of 20.70 percent in the fourth quarter of 1976 and a record low of -8.10 percent in the third quarter of 1998. GDP Annual Growth Rate in Hong Kong is reported by the Census and Statistics Department, Hong Kong.