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    Hong Kong

    Extended
    Asia · #3 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    78.4▼ -1.1 YoY
    ●●○0.78IEPA COMPOSITE

    Hong Kong scores 78.4 out of 100 on the IEPA (2024 edition), ranking #3 of 117 economies. That is down 1.1 points on the year before. Its strongest zone is FDI Accelerator at 97.2. Its binding constraint, the lowest-scoring of its six zones, is Alignment at 66.0. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    201120132015201720192021202320264554637281
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    20102011201220132014201520162017201820192020202120222024015304560
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #15of 145 ranked economies▲ 8 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202412162025
    CAPABILITY RANK · HIGHER IS BETTER
    3.22% / yr
    Implied growth
    Annual growth the current capability base points to.
    137
    Diversity
    Distinct products made at competitive scale.
    +1.16
    Capability score
    Standardized: 0 is the world average.
    +0.81
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    TRADE-HUB PROFILE · RE-EXPORT INTENSITY CAN LIFT GOODS FIGURES; READ ALONGSIDE THE FULL PROFILE
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Electronic and Electrical Goods45 of 73 made · 71% of the rest within reach
    Textile and Home Goods18 of 78 made · 50% of the rest within reach
    Textile Apparel and Accessories5 of 50 made · 51% of the rest within reach
    Industrial Chemicals and Metals10 of 157 made · 13% of the rest within reach
    Agriculture9 of 200 made · 11% of the rest within reach
    Minerals2 of 48 made · 24% of the rest within reach
    Metalworking and Electrical Machinery and Parts5 of 155 made · 16% of the rest within reach
    Construction, Building, and Home Supplies1 of 104 made · 16% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Textile Apparel and Accessories. This market makes 10% of that cluster today, and 51% of what it does not make sits one step from something it already does.
    Agriculture is the furthest: 5% made, and only 11% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 95 OF 137 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Appliances for thermostatically controlled valvesENERGY TRANSITION$104B world market
    Machinery & Industrial EquipmentOPENS 1.92 · COMPLEXITY +0.86
    Silicones in primary forms$7B world market
    Chemicals & PlasticsOPENS 1.72 · COMPLEXITY +1.18
    Automatic regulating instrumentsENERGY TRANSITION$33B world market
    Electronics & SemiconductorsOPENS 1.68 · COMPLEXITY +0.96
    Sprays and powder dispersers$27B world market
    Machinery & Industrial EquipmentOPENS 1.61 · COMPLEXITY +0.71
    Other office machines$6B world market
    Machinery & Industrial EquipmentOPENS 1.53 · COMPLEXITY +0.77
    Oxygen-function amino-compounds$14B world market
    Chemicals & PlasticsOPENS 1.50 · COMPLEXITY +0.90
    THE NEAREST OPTIONS AMONG 430 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    Better protection needed as violent cryptocurrency robberies surge
    SCMP Business · Oct 10 · Economic Policy
    PEERS · EXTENDED
    🇩🇰Denmark80.1→🇲🇹Malta74.9→🇸🇪Sweden74.4→🇮🇪Ireland73.4→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    487organizations indexed across 10 types · 471 mapped
    Corporate R&D
    244
    Research organizations
    122
    Universities & research bodies
    42
    Health research
    37
    Government bodies
    23
    Accelerators
    10
    Incubators
    3
    Fab labs & makerspaces
    3
    Science & tech parks
    2
    Innovation hubs
    1
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 487 indexed
    HKAI Global Acceleration Program
    Accelerators · Hong Kong
    STARS Programme
    Accelerators · Hong Kong
    Lauunch! Incubation Program
    Incubators · Hong Kong
    equIP
    Incubators · Hong Kong
    Wuxi Hong Kong Science and Technology Innovation Center
    Science & tech parks · Hong Kong
    Hong Kong Science and Technology Park
    Science & tech parks · Hong Kong
    Education University of Hong Kong
    Universities & research bodies · Tai Po · 1994
    Tung Wah College
    Universities & research bodies · Hong Kong · 2010
    CAS Logistics (China)
    Corporate R&D · Hong Kong
    Zetakey Solutions (China)
    Corporate R&D · Shatin · 2009
    Hong Kong Exporters’ Association
    Research organizations · Hong Kong · 1955
    Hong Kong Green Building Council
    Research organizations · Hong Kong · 2009
    Members get the full directory, filters, and exports.See all 487 organizations →

    Hong Kong: common questions

    What is Hong Kong's IEPA score?
    Hong Kong scores 78.4 out of 100 on the IEPA, 2024 edition, which ranks it #3 of 117 economies.
    What is Hong Kong's strongest zone?
    FDI Accelerator, at 97.2. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Hong Kong back?
    Its binding constraint is Alignment, at 66.0, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Hong Kong compare with its peers?
    The closest scored peers are Denmark (80.1), Malta (74.9), Sweden (74.4), Ireland (73.4).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Hong Kong →