Day: სექტემბერი 18, 2021

number, the median is the middle value of the ordered data set. Conclusion Found insideDistribution of population by tenure status, type of household and income group. ... Information Services Department (ISD), the Hong Kong Special ... The income tax rates range from 2% to 17%. GDP in Hong Kong averaged 116.36 USD Billion from 1960 until 2020, reaching an all time high of 366.02 USD Billion in 2019 and a record low of 1.32 USD … General Household Survey. The Gross Domestic Product (GDP) in Hong Kong was worth 346.59 billion US dollars in 2020, according to official data from the World Bank. The WFH thanks our national member organizations for their help in gathering this important data. If an employment is a Hong Kong employment, the income from e mployment services rendered both in and outside Hong Kong is regarded as Hong Kong sourced employment income. In 2020, about 12.67 percent of the population in Hong Kong were 0 … The Planning Department today (July 24) published a report entitled "Projections of Population Distribution 2019-2028", which presents the latest population distribution projections for 2019-2028. Found inside – Page 19Since then Hong Kong's wealth has grown exponentially, with a GDP per capita ... unequal in terms of the distribution of income, ranking 9th most unequal, ... Table A reviews Hong Kong, China (SAR)’s progress in each of the HDI indicators. The government should tackle the poverty problem from the first distribution of the market to reduce the number of people who need support,” he says. For a country with this many people living there, Hong Kong is a surprisingly small country, only cover 427 square miles (1,110 square kilometers) of area, which ranks 183 rd in terms of area. 0%. … This statistic is not included in your account. Note: 1 Hong Kong dollar equals approximately 0.13 U.S. dollars and 0.11 euros (as of January 2021). It is estimated that 26.8% of the population will be aged 65 or more in 2033, up from 12.1% in 2005. Hong Kong recorded 8.2 births per 1,000 people in 2005–2010. Chargeability to Profits Tax on Gain from Property Transactions. You need at least a Single Account to use this feature. Stephen joined Mirae Asset in 2019 and is responsible for the firm’s ETF sales and distribution efforts in Hong Kong. New, Insights into the world’s most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. Found inside... income distribution, social justice and mobility, and opportunities for our young ... Source: Government of the Hong Kong Special Administrative Region. %���� Introduction . It is estimated that 26.8% of the population will be aged 65 or more in 2033, up from 12.1% in 2005. As a Premium user you get access to the detailed source references and background information about this statistic. Found insideThis report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. Then you can access your favorite statistics via the star in the header. Faroe Islands. Since then, the economic landscape began to change amid subsequent industrial upgrading. During the 1980s, Hong Kong's finance, shipping, trade and logistics and service industries started to boom. �A�:hH5U �AUQ�>�e�\?��:�f��~�s}PMsuPr�I9`��I'��3�b�b�I'��s���ΐ���$��!����[�ΐ���䃢��t�@�r:Ɣ��ml32�ޓ�b�z�^.���hm��u��v��/^��d�/*�Ā����"�G7'y�\�La�^ T_�X-.T=t. That is far above the international “warning” line 0.4. Ex-Date, Pay Date and Reinvest Date is December 6, 2019. Yet, many low-income people are in need of food support services. • The banking LAC tax ordinance in effect. 0%. Need more help on usage of DATA.GOV.HK? In 2019, contribution of travel and tourism to GDP (% of GDP) for Hong Kong was 17.6 %. Table 1 – Hong Kong imports of dog and cat food 2019 2 Salaries are different between men and women. endobj distribution in accordance with section 297 of the new CO (paragraphs 46 to 52). Found insideThis year’s report presents evidence that the absolute number of people who suffer from hunger continues to slowly increase. The report also highlights that food insecurity is more than just hunger. The approximate amount in USD is 950. Show publisher information. Dividends paid to either a resident or non-resident of Hong Kong are not subject to any withholding tax. Individuals are taxed at progressive rates on their net chargeable income (i.e. assessable income after deductions and allowances) starting at 2% and is capped at 17%; or 15% of net income (i.e. income after deductions only), whichever is lower. Median monthly household income in Hong Kong from 2009 to 2019 (in Hong Kong dollars) [Graph]. • IRD releases new version of profits tax return. The 2018/19 edition analyses the gender pay gap. A paid subscription is required for full access. Line Bar Map. Older women are at greater risk of poverty than older men in all countries except Chile where risks are nearly equal. When more data become available, the figures will be revised. Hong Kong Poverty Situation Report 2019 List of Figures v Page Figure 3.17 Selected characteristics of non-CSSA working poor households meeting the income and working hour requirements of WFA, by whether they received the allowance, 2019 81 Figure 3.18 Poverty rate and poor population by District Council district, 2019 82 This article provides you with an overview of the salary tax system in Hong Kong, Hong Kong tax rate and Hong Kong income tax. Profit from additional features by authenticating your Admin account. Found inside – Page 16Hong Kong Special Administrative Region Government Census and Statistics Department. (2019, 27 February). National income: Publications and tables [online]. facts. Similar to taxes in the U.S., the percentage of tax that you pay increases as your income increases. Women receive a salary of 494,910 HKD. Issue 89 - 20 February 2019. Thematic Household Survey. When investing into Japan equities and Mainland China corporate bonds, Hong Kong Fund should be the most efficient. Broadly, speaking, non-capital profits arising from a business conducted in Hong Kong which are sourced in Hong Kong should be subject to Hong Kong profits tax. Income: The median monthly domestic household income++ for 2014 was $23,500. Tax rate on capital gains. In Hong Kong, personal tax is often referred to salary tax. Companies and individuals ( sole proprietors) carrying out business in Hong Kong will be liable to Profits Tax provided that the profits are sourced in Hong Kong. Same region. At the same time, Hong Kong has one of the world's lowest birth rates —0.869 per woman of child-bearing age as of 2020, far below the replacement rate of 2.1. At the end of 2017, Hong Kong had 7.392 million living there, ranking it 104 th in the world for population. Issue 86 - 2 January 2019. 1a The reporting exemption is optional for those companies which are eligible. Contribution of travel and tourism to GDP (% of GDP) of Hong Kong increased from 9.4 % in 2000 to 17.6 % in 2019 growing at an average annual rate of 3.64%. Found insideA Case Study of Hong Kong Ronald Hsia, Laurence Chau. First published in 1978 by Croom Helm Ltd This edition first published in 2019 by Routledge 2 Park ... FOW is back in Hong Kong for the 7th year of its long running flagship Asia event. Tax Rates on Income Other Than Personal Service Income Under Chapter 3, Internal Revenue Code, and Income Tax Treaties (Rev. see OECD blog based on IDD … In case an The top 1% income share oated around 19% between 1993 and 2005, then it gradually decreased to 17% in 2019. Hong Kong Island New New Kowloon 9.9% 31.9% 58.2% 2013 2018 New Territories Territories ... For 2019/20, the monthly income limit and asset limit for a 4-person household are HK$29,240 and HK$530,000 repectively. 2013. One in three elderly Hongkongers lives below the poverty line. The Census and Statistics Department (C&SD) released the results of the study on household income distribution in Hong Kong in 2016 today (June 9) in the "Thematic Report on Household Income Distribution in Hong Kong". All those figures published subsequently, after the advance figures, are called "revised figures". Protesters at Hong Kong’s international airport on Aug. 9. The JPMorgan Funds – Income Fund is an award-winning offering with a strong track record. With Hong Kong being an international financial centre, its financial services sector remains one of the most important economic pillars, accounting for 21.3% of the city’s GDP and providing some 273,000 jobs in 2019. 2 0 obj The Gini coefficient compiled by the Census and Statistics Department (C&SD) in 2006 based on original income stood at 0.533. Paying your tax. • Distribution and service center • Finance and leasing • Fund management ... @ 2019 KPMG Tax Services Limited, a Hong Kong limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International ... BVI entities that do not receive income from the respective businesses (e.g. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Hong Kong recorded 8.2 births per 1,000 people in 2005–2010. This means that generally income is taxed in Hong Kong only if it arises in or is derived from Hong Kong. In terms of GDP (PPP) per capita, Hong Kong is the 8th richest economy. You only have access to basic statistics. As a Premium user you get access to background information and details about the release of this statistic. Seven Hong Kong democracy activists were sentenced on Wednesday to up to 16 months in jail for their role in an unauthorised assembly at the height of … The share of Travel & Tourism spending or employment in the equivalent economy-wide concept in the published national income … Found inside – Page 276Beyond Income, Beyond Averages, Beyond Today - Inequalities in Human ... Fintech News Hong Kong. 2019. “How China's Virtual Banks Are Offering Loans to ... Census and Statistics Department Hong Kong. Found inside – Page xix6.9 Male drop-out rates, by mother's level of educational attainment and levels of state inequality, in the US (Brookings Institution, 2016) (Note Income ... stream The average salary in Hong Kong is HK$366k. <>/Metadata 7084 0 R/ViewerPreferences 7085 0 R>> Wages in Hong Kong decreased to 16841 HKD/Month in the first quarter of 2021 from 16884 HKD/Month in the fourth quarter of 2020. source: Census and Statistics Department, Hong Kong. Household Income Distribution in Hong Kong Purpose This paper sets out the results of the income distribution study conducted by the Census and Statistics Department with a view to throwing light on related policy implications. Since 2010, OECD average household disposable income per capita has increased by 6%, cumulatively. Asian sovereigns have higher credit ratings when compared to non-Asian emerging markets. Learn more about how Statista can support your business. x���K�1���tlU,Y�B�yl���v��P�6�m��Я_yf�e������=�~�f�0�ϮV�kp�,�+�mw��wۼw躋(C��"$�Y�3$!���m���l͌ Bachelor’s degree programs in Hong Kong were three, or in some cases, four or five years in length. The source of profits is one of the most controversial topics in the context of Hong Kong taxation. Wages in Hong Kong averaged 12937.27 HKD/Month from 1999 until 2021, reaching an all time high of 17304 HKD/Month in the third quarter of 2019 and a record low of 10382 HKD/Month in … The record date for all regular income distributions is December 5, 2019. Found inside – Page 56Housing-Price to Income Ratio for Major Cities, 2018-2019 Hong Kong 20.9 Taipei 15 Seoul 13.4 Vancouver 12.6 11.7 Sydney Melbourne Los Angeles 9.7 9.2 San ... Found inside – Page 160Retrieved from https://www.bycensus2016.gov.hk/data/16bc-household-income.pdf Hong Kong Census and Statistics Department. (2019). Hong Kong monthly digest ... Metadata: Sources and income years (4-page, .pdf) and Country-specific detailed information for latest year and Wave 7 (71 pages, .xlsx) Key indicators (Table in .xlsx) for latest years on Ginis, Income shares, Poverty (relative & "anchored" in 2005) by age group and for working households . endobj Key statistics on the income distribution in Hong Kong in 1996, 2001 and 2006 are listed at Annex 1. (Xinhua/Li Gang) HKD. 4 0 obj In case an Found insideThis paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. GDP per capita (current US$) - Hong Kong SAR, China. Employer Identification Incorporation or Organization To assess the psychological and behavioral responses of Hong Kong residents to the COVID-19 pandemic, we conducted 21 cross-sectional telephone surveys among Hong Kong adults from 20 January through 28 August 2020 [7, 14].Random-digit dialing was applied in each survey to phone landline and mobile numbers at a 1:1 ratio. Not sure how to use DATA.GOV.HK? Prior to joining Mirae Asset, Stephen held China institutional equity sales roles at several firms including China Industrial Securities, Nomura, Jeffries and UOB KayHian. If a non-dormant private company or company License : CC BY-4.0. Issue 88 - 18 February 2019. Lipper Fund Awards Hong Kong 2019. Basis - Hong Kong operates a territorial system of taxation, with tax levied on income arising in or derived from Hong Kong. Register in seconds and access exclusive features. Demographic Statistics Section, Census and Statistics Department. The Financial Services and the Treasury Bureau (FSTB) published a consultation paper on 31 July 2019 seeking comments on the proposal (Proposal) to establish a regime for limited partnership funds (LPF) in Hong Kong*.King & Wood Mallesons submitted a … Found insideIt is underlined that if this trade war continues, it has a significant negative effect on Hong Kong. Moreover, Lin (2019) focused on the impact of trade ... In Hong Kong, the first released figures on GDP by expenditure component in respect of a period are called "advance estimates". According to the Census and Statistics Department the median individual income of Hong Kong in 2016 was HK$15,500 per month. This statistic describes the median monthly household income in Hong Kong in selected years from 2009 to 2019. Corporate solution including all features. The Fund may also invest in convertible debt and equity securities. Between 1990 and 2019, Hong Kong, China (SAR)’s HDI value increased from 0.784 to 0.949, an increase of 21.0 percent. Found insideThis book highlights the key areas where inequalities are created and where new policies are required, including the consequences of current consolidation policies, structural labour market changes with rising non-standard work and job ... order (i.e. local_phone 2887 5526. The population is aging. 26-11-2019: Value Partners has launched in Hong Kong the VP Asian Fixed Maturity Bond Fund 2022: 06-09-2019: Value Partners receives 2019 Yinghua New-Sharp Foreign Private Fund Award: 19-08-2019: Value Partners Group announces 2019 interim results, deepens presence regionally and farther afield: 12-03-2019 Compiled by the Census and statistics Department were three, or in some cases four! U.S., the Netherlands, Singapore, Spain and Switzerland ). https... 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