Hong Kong - 20th
52.3%
THINKS IT’S A GOOD TIME TO FIND A JOB
79.6%
BELIEVE IT’S A GOOD PLACE TO LIVE FOR IMMIGRANTS
34.2%
BELIEVE BUSINESS/GOVERNMENT CORRUPTION IS WIDESPREAD
1:14
TEACHER TO
PUPIL RATIO
82.8%
SAY THEY CAN RELY ON OTHERS IN TIMES OF NEED
0.8%
BUSINESS START-UP COSTS (% OF GNI PER CAPITA)

Hong Kong - 20th

Hong Kong ranks 20th globally in the 2014 Prosperity Index, having fallen one place since last year.
Hong Kong's best performance is in the Safety & Security sub-index, where it ranks 1st in 2014.
Hong Kong's lowest rank is in the Education sub-index, where it ranks 60th in 2014.

Sub-Indices

21 Economy Data Year Country Global Avg
5-year GDP per capita growth rate 2012 1.9% 1.8%
5-year average GDP per capita growth (% annual) 2009-2014.
Expectations of the economy (% getting better) 2012 1.8 1.9
Survey question: “Right now, do you think that economic conditions in the city or area where you live, as a whole, are getting better or getting worse?”
Employment status (% employed) 2012 53.0% 54.6%
Survey question: “What is your employment status?” (Employed full time for an employer, employed full time for self, employed part time do not want full time, unemployed, employed part time want full time, out of workforce).
Do you have confidence in financial institutions? (% yes) 2012 76.0% 59.8%
Survey question: “In (respondent’s country), do you have confidence in financial institutions or banks?”
Do you have access to adequate food and shelter? (% yes) 2012 90.4% 70.4%
Composite variable including two survey questions: “Have there been times in the past 12 months when you did not have enough money to buy food that you or your family needed? Have there been times in the past 12 months when you did not have enough money to provide adequate shelter or housing for you and your family?”
Is it a good time to find a job? (% yes) 2012 52.3% 34.6%
Survey question: “Thinking about the job situation in the city or area where you live today, would you say that it is now a good time or a bad time to find a job?”
Capital per worker 2013 154132.4 53494
Average amount of physical capital per worker for the production of goods and services.
FDI size and volatility 2012 7 5.2
Foreign direct investment are the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. This value is adjusted by the five-year moving average volatility.
Gross domestic savings (% of GDP) 2013 24.6% 18.5%
Gross domestic savings are calculated as GDP less final consumption expenditure. The domestic savings rate is this figure divided by GDP.
Hi-tech exports (% of manufactured exports) 2012 16.2% 9%
High Technology exports as a percentage of manufactured exports.
Inflation rate 2013 4.4% 5.3%
Annual change in consumer price index.
Market size (US Dollars) 2013 183409 306233.36
Value of Domestic consumption plus country exports minus country imports in US dollar terms.
Non-performing loans (% of total loans) 2013 0.5% 7.6%
Percentage of loans that have not been re-paid 90 days after the end of the borrowing term.
Satisfied with living standards? (% yes) 2012 79.8% 59.4%
Survey question: “Are you satisfied or dissatisfied with your standard of living, all the things you can buy and do?”
Unemployment rate (% of labour force) 2012 3.3% 8.9%
Percentage of labour force not employed.
6 Entrepreneurship & Opportunity Data Year Country Global Avg
Good place for entrepreneurs to start a business? (% yes) 2010 76.2% 70%
Survey question: “Is the city or area where you live a good place or not a good place to live for entrepreneurs forming new businesses?”
ICT Exports (% of total exports) 2012 42.2% 3.5%
Information and Communication Technology (ICT) exports as a percentage of total goods exports.
Secure internet servers (per 1 million people) 2013 623.6 282.8
Servers using encryption technology in internet transactions, per one million people.
Internet bandwidth (Mpbs) 2013 9422 997.74
The contracted capacity of international connections between countries for transmitting Internet traffic. Mega bites per second (Mbps).
Royalty receipts (US Dollars) 2011 459271 1794533.51
Royalty and license fees are payments and receipts between residents and non-residents for the authorised use of intangible, non-produced, non-financial assets and proprietary rights.
Business start-up costs (% of GNI per capita) 2013 0.8% 29%
Start-up business costs measured as share of GNI per capita.
Mobile phones (per 100 people) 2013 238.7 106.8
Cellular devices per 100 people.
Mobile phones per household (% yes) 2012 96.0% 84.7%
Survey question: “Does your home have a cellular phone?”
R&D expenditure (% of GDP) 2012 1.8% 0.9%
Expenditures for research and development are current and capital expenditures (both public and private) on creative work undertaken systematically to increase knowledge, including knowledge of humanity, culture, and society, and the use of knowledge for new applications. R&D covers basic research, applied research, and experimental development.
Uneven economic development 2013 2.5 6.1
Group-based inequality, or perceived inequality, in education, jobs, and economic status. Also measured by group-based poverty levels, infant mortality rates, education levels. (Ordinal rating).
Can people get ahead by working hard? (% yes) 2012 79.4% 80.5%
Survey question: “Can people in this country get ahead by working hard, or not?”
22 Governance Data Year Country Global Avg
Satisfied with govt. efforts to address poverty? (% yes) 2012 39.5% 38.2%
Survey question: “In (respondent’s country), are you satisfied or dissatisfied with efforts to deal with the poor?”
Do you have confidence in the honesty of elections? (% yes) 2012 50.0% 49.9%
Survey question: “In (respondent’s country), do you have confidence in the honesty of elections?”
Do you have confidence in the military? (% yes) 2012 72.5% 73.3%
Survey question: “In (respondent’s country), do you have confidence in the military?”
Do you have confidence in the judicial system? (% yes) 2012 80.9% 52.6%
Survey question: “In (respondent’s country), do you have confidence in the judicial system and courts?”
Satisfied with govt. efforts to preserve environment? (% yes) 2012 38.8% 53%
Survey question: “In (respondent’s country), are you satisfied or dissatisfied with efforts to preserve the environment?”
Separation of Powers 2013 11.8 16.8
Composite variable including five components that are highly correlated:Competitiveness in Executive Branch – The extent of competition in the participation of various political fractions in the executive branchCompetitiveness in Legislative Branch – The extent of competition in the participation of various political fractions in the legislative branch.Judiciary Independence – The extent to which the judiciary system is independent in its actions from the preferences of the executive authorities.Regulation of Executive Election – Regulation refers to the extent to which a polity has institutionalised procedures for transferring executive power. 1) Unregulated:Changes in chief executive occur through forceful seizures of power. 2) Transitional: Chief executives are chosen by designation within the political elite, without formal competition. 3) Regulated: Chief executives are determined by hereditary succession or in competitive elections.Political participation: This variable indicates to what extent citizens enjoy freedom of political choice and the legal right and ability in practice to change the laws and officials that govern them through free and fair elections. This right is sometimes known as the right to self-determination.This composite variable is constructed by normalising each of the five variables between one and two and multiplying all variables. The minimum value is one; the maximum value is 32.
Do you have confidence in the national government? (% yes) 2012 52.1% 51.7%
Survey question: “In (respondent’s country), do you have confidence in the national government?”
Government effectiveness 2012 1.8 0
Captures the efficiency and quality of bureaucracy, level of government stability and effectiveness with respect to the implementation of policies. (Ordinal rating).
Government stability (years) 2010 14 30.3
The number of years since the most recent regime change.
Government type 2013 0.4 4.8
The extent to which a society is autocratic or democratic. This measure depends on the competitiveness of executive recruitment, constraints on chief executives, regulation of political participation, and competitiveness of political participation. (Categorical rating).
Are the businesses and government corrupt? (% yes) 2012 34.2% 66.4%
Composite variable includes two survey questions: “Is corruption widespread within businesses located in (respondent’s country), or not? Is corruption widespread throughout the government in (respondent’s country), or not?”
Political constraints 2013 0.6 0.5
The extent to which a change in the preference of a political actor may lead to policy change. This is an indicator of the existence of checks and balances in apolitical system. (Ordinal rating).
Political rights 2013 3 4.7
Ability to participate in political processes such as voting in legitimate elections, joining parties, running for office, etc. This variable captures elements relating to the electoral process, political pluralism and participation as well as the functionality of the government and additional discretionary politicalrights. (Ordinal rating).
Regulation quality 2012 1.9 0.1
Captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development. (Range -2.5 + 2.5).
Rule of law 2012 1.6 -0.1
The extent to which individuals within a society respect property rights, the police and the judiciary system, as well the quality of police and legalsafeguards. (Ordinal rating).
Voiced concern to a public official in past year? (% yes) 2012 11.1% 19.8%
Survey question: “Have you voiced your opinion to a public official in the past month?”
60 Education Data Year Country Global Avg
Do children have the opportunity to learn? (% yes) 2012 93.8% 70.5%
Survey question: “Do most children in (respondent’s country) have the opportunity to learn and grow every day, or not?”
Are you satisfied with the quality of education? (% yes) 2012 51.1% 66.1%
Survey question: “In the city or area where you live, are you satisfied or dissatisfied with the educational system or the schools?”
Girls to boys enrolment ratio 2012 0.9 0.9
The ratio of the gross enrolment rate of girls to boys in primary and secondary education levels in both public and private schools. We have adjusted this variable by the share of each gender in the population.
Gross secondary enrolment rate 2012 88.7% 79.9%
The ratio of total enrolment, regardless of age, to the population of the age group that officially corresponds to the level of secondary education. Secondary education completes the provision of basic education that began at the primary level, and aims at laying the foundations for lifelong learning and human development, by offering more subject- or skill-oriented instruction using more specialised teachers.
Gross tertiary enrolment rate 2012 59.7% 39.6%
The ratio of total enrolment, regardless of age, to the population of the age group that officially corresponds to the level of tertiary education. Tertiary education, whether or not to an advanced research qualification, normally requires, as a minimum condition of admission, the successful completion of education at the secondary level.
Net primary enrolment rate 2012 93.5% 90.5%
Net enrolment ratio is the ratio of children of official school age based on the International Standard Classification of Education 1997 who are enrolled in school to the population of the corresponding official school age. Primary education provides children with basic reading, writing, and mathematics skills along with an elementary understanding of such subjects as history, geography, natural science, social science, art, and music.
Pupil to teacher ratio 2012 14.4 24.8
The number of pupils enrolled in primary school divided by the number of primary school teachers.
Secondary education per worker (years) 2010 3.5 2.6
Average years of secondary education completed amongst the labour force.
Tertiary education per worker (years) 2010 0.6 0.5
Average years of tertiary education completed amongst the labour force.
26 Health Data Year Country Global Avg
Rate of immunisation against infectious disease 99.4% 89.4%
Child immunisation measures the percentage of children aged 12-23 months who received vaccinations before 12 months or at any time before the survey.A child is considered adequately immunised against diphtheria, Pertussis (or whooping cough), and tetanus.
Satisfied with the beauty of the environment? (% yes) 2011 67.9% 72.9%
Survey question: “In the city or area where you live, are you satisfied or dissatisfied with the beauty or physical setting?”
Health-adjusted life expectancy (years) 2012 73.6 62.1
Life expectancy adjusted by health status. As opposed to life expectancy, which assigns the same weight to all years of life, HALE weights sick years less thanhealthy years.
Do you have any health problem? (% yes) 2012 19.2% 23.9%
Survey question: “Do you have any health problems that prevent you from doing any of the things people your age normally can do?”
Satisfied with personal health? (% yes) 2011 82.4% 78.2%
Survey question: “Are you satisfied or dissatisfied with your personal health?”
Hospital beds (per 1,000 people) 2013 4.4 3
Number of hospital beds per 1,000 people. This includes public, private, generalised and specialised hospitals.
Infant mortality rate (per 1,000 live births) 2013 2.7 25.6
Number of infants dying before the age of one per 1,000 live births in a given year.
Life expectancy (years) 2012 83.5 70.7
Life expectancy at birth indicates the number of years a new-born infant would live if prevailing patterns of mortality at the time of its birth were to stay thesame throughout its life.
Rate of immunisation against measles 99.1% 88.7%
Child immunisation measures the percentage of children aged 12-23 months who received vaccinations before 12 months or at any time before the survey.A child is considered adequately immunised against measles after receiving one dose of vaccine.
Health expenditure per person (Int. Dollars PPP) 2144.4 1273.7
Public and private health expenditure, including external aid, per capita in international PPP $.
Deaths from respiratory diseases (per 100 people) 37.7 97.9
Death rate from respiratory diseases and infections per 100,000 people.
Sanitation (% of population) 2013 99.0% 73.5%
The percentage of the population with access to private or shared waste disposal facilities that can effectively prevent human, animal and insect contact with excreta. This variable captures the percentage of population having access to such facilities.
Incidence of tuberculosis (per 100,000 people) 2012 77 114.4
Incidence of tuberculosis is the estimated number of new pulmonary, smear positive, and extra-pulmonary tuberculosis cases, as a percentage of the population.
Undernourishment (% of population) 2012 4.8% 12.6%
The share of population whose daily calorie intake is consistently less than the daily minimum standards (predicted).
Satisfied with the quality of water? (% yes) 2012 77.6% 69.1%
Survey question: “In the city or area where you live, are you satisfied or dissatisfied with the quality of water?”
Did you feel well-rested yesterday? (% yes) 2012 80.0% 66.7%
Survey question: “Now please think about yesterday, from the morning until the end of the day. Think about where you were, what you were doing, who you were with, and how you felt. Did you feel well-rested yesterday?”
Did you experience worrying yesterday? (% yes) 2012 32.0% 38.5%
Survey question: “Did you experience worrying during a lot of the day yesterday?”
1 Safety & Security Data Year Country Global Avg
Have you been assaulted in past year? (% yes) 2010 0.7% 7.5%
Survey question: “Within the past 12 months, have you been assaulted or mugged?”
Demographic Instability 2013 2.5 5.9
Pressures deriving from high population density relative to food supply and other life sustaining resources. The pressure from a population’s settlement patterns and physical settings, including border disputes, ownership or occupancy of land, access to transportation outlets, control of religious or historical sites, and proximity to environmental hazards. (Ordinal rating).
Ability to express political opinion without fear 2010 2.9 2.4
Survey question: “In your opinion, how many people in your country, if any, are afraid to openly express their political views?”
Group grievances 2013 2 6.1
Grievances based on recent or past injustices, which could date back centuries. Including atrocities committed with impunity against communal groups and/or specific groups singled out by state authorities, or by dominant groups, for persecution or repression. (Ordinal rating).
Human emigration 2013 2 5.2
Flight of professionals, intellectuals and political dissidents and voluntary emigration of the middle class to other nations. (Ordinal rating).
Have you had any property stolen in past year? (% yes) 2012 4.0% 16.5%
Survey question: “Within the past 12 months, have you had money or property stolen from you or another household member?”
Refugees and IDPs 2013 1 5.2
Forced uprooting of large communities as a result of random or targeted violence and/or repression, causing food shortages, disease, lack of clean water, land competition, and turmoil that can spiral into larger humanitarian and security problems, both within and between countries. (Ordinal rating.)
Do you feel safe walking alone at night? (% yes) 2012 89.8% 61.5%
Survey question: “Do you feel safe walking alone at nights in the city or area where you live?”
State-sponsored political violence 2013 5 3.6
This is a measure of state-sponsored political violence and repression within a country. Countries reporting a higher level of disappearances, torture and political violence are rated as more insecure according to this variable. (Ordinal rating).
Civil war casualties 2012 0 0.4
Magnitude score of episode(s) of civil violence, ethnic warfare and ethnic violence involving that state in that year. (Ordinal rating).
23 Personal Freedom Data Year Country Global Avg
Composite of civil liberties and freedom of choice 2012 0.7 0.4
Survey question: In (country of respondent), are you satisfied or dissatisfied with Your freedom to choose what you do with your life?Freedom of expression and belief, associational and organisational rights, rule of law, and personal autonomy are included in this variable.This variable is created by normalising satisfaction with freedom of choice and civil liberties between zero and one, and cross multiplying the two variables.
Civil liberties 2013 6 4.7
Freedom of expression and belief, associational and organisational rights, rule of law, and personal autonomy. (Ordinal rating).
Satisfied with freedom of choice? (% yes) 2012 87.9% 72.7%
Survey question: In (country of respondent), are you satisfied or dissatisfied with your freedom to choose what you do with your life?
Good place to live for ethnic minorities? (% yes) 2012 74.0% 67.4%
Survey question: “Is the city or area where you live a good place or not a good place to live for racial and ethnic minorities?”
Good place to live for immigrants? (% yes) 2012 79.6% 65.6%
Survey question: “Is the city or area where you live a good place or not a good place to live for immigrants?”
26 Social Capital Data Year Country Global Avg
Donated money to charity in past month? (% yes) 2012 63.0% 28.9%
Survey question: “Have you donated money to a charity in the past month?”
Have you helped a stranger in past month? (% yes) 2012 55.0% 48.9%
Survey question: “Have you helped a stranger or someone you didn’t know who needed help in the past month?”
Are you married? (% yes) 2012 53.5% 50.4%
Survey question: “What is your current marital status?” (Single, married, divorced, living with partner, widowed). Percentage of respondents who aremarried. Binary variable constructed from survey.
Attended a place of worship in past week? (% yes) 2010 18.6% 49.2%
Survey question: “Have you attended a place of worship or religious service within the last seven days?”
Can you rely on friends and family for help? (% yes) 2012 82.8% 79.9%
Survey question: “If you were in trouble, do you have relatives or friends you can count on to help you whenever you need them, or not?”
Do you think that most people can be trusted? (% yes) 2009 30.3% 24.2%
Survey question: “Generally speaking, would you say that most people can be trusted or that you have to be careful in dealing with people?”
Have you volunteered your time in past month? (% yes) 2012 15.0% 20.9%
Survey question: “Have you volunteered your time to an organisation in the past month?”
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