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Local Demographics in Hong Kong

Good to Know

  • Hong Kong's population is highly internationalized with nearly 8.4% foreign-born residents, many in professional and entrepreneurial roles beyond the visible domestic helper population.
  • The city has Asia's strongest fintech ecosystem with over 1,100 companies and multiple unicorns; FinTech dominates the startup landscape but AI, greentech, and healthcare tech are rapidly growing sectors.
  • 28% of startup founders are non-local, reflecting Hong Kong's role as a global business hub attracting international talent.
  • The city's aging population (median age 47.9) and very low fertility rate (0.72 births per woman) contrast sharply with its youthful, dynamic startup and innovation sectors.
  • English is widely spoken in business settings, easing integration for expats and foreign entrepreneurs; Cantonese remains the primary local language.
  • Hong Kong government actively promotes foreign investment and talent, with dedicated InvestHK support and talent admission schemes processing 60,000 applications in 2024.

Ethnic Composition

  • Chinese (Han Chinese)
    Percentage
    91.6
  • Non-Chinese (Ethnic Minorities)
    Percentage
    8.4

Fintech Ecosystem

Unicorn Count
10
Fintech Companies
1100
Market Size Projection
HK$4,710,000,000,000
Fintech Investments 2024
HK$18,600,000,000

Strengths

  • Wealthtech leader (second-largest cross-boundary wealth management centre globally)
  • Blockchain and digital assets highest concentration in Asia
  • Payment and remittance infrastructure
  • Virtual banking licenses and regulatory sandbox support

Notable Unicorns

  • Airwallex
  • HashKey Group
  • WeLab
  • Micro Connect
  • ZA Group

Startup Ecosystem

Growth Rate
10% year-over-year
International Founder Percentage
28
Year
2024
Total Startups
4694
Total Employment
17651

Leading Sectors

  • FinTech
  • E-commerce
  • Supply chain/logistics technology
  • Healthcare/medical technology
  • Green technology
  • Artificial intelligence

Government Support

Innovation Fund
HK$10,000,000,000
Accelerator Pilot Scheme
HK$180,000,000

Global Business Presence

Hong Kong Ranked As

  • Top 3 global financial centre
  • Top 4 fintech centre globally
  • Leading IPO market (4th largest globally as of 2022)
  • Super-connector for East-West business flows per World Bank 2024

Foreign Investment Activity

Growth
41% increase from 2023
Supporting Agency
Invest Hong Kong
Overseas Companies Assisted 2024
539

Foreign Born And Notable Nationalities

Foreign Born Percentage
8.4
Total Foreign Born Estimate
619568
Note On Domestic Helpers
Filipinos and Indonesians include many short-term foreign domestic helpers; excluding domestic helpers, ethnic minorities comprised 3.6% in 2016

Expatriate Population

Percentage Of Total
8
Note
Hong Kong ranks 7th globally for proportion of expatriates, higher than most developed nations outside Middle East and Switzerland

Largest Non Chinese Communities

  • Filipino
    Percentage
    2.7
    Estimate
    200000
    Context
    Largest non-Chinese group; many are domestic helpers but growing professional community
  • Indonesian
    Percentage
    1.9
    Context
    Second largest; significant domestic helper population
  • Thai
    Year
    2016
    Estimate
    10215
    Context
    About 33% concentrated in Kowloon City
  • Indian
    Percentage
    0.6
  • Nepalese
    Percentage
    0.4
  • Pakistani
    Percentage
    0.3
  • European (All Origins)
    Percentage
    0.8
    Context
    48.9% reside on Hong Kong Island where they comprise 2.5% of local population

Total Population

Year
2026
Figure
7378602
Source Note
UN estimates, mid-year 2026

Population Density

Rank Global
4th most densely populated region in the world
Per Km Squared
7027

Demographic Characteristics

Fertility Rate
0.72
Median Age
47.9
Life Expectancy At Birth
85.5
Note
Well below replacement rate; world's lowest birth rates

Gender Split

Male Percentage
44.96
Female Percentage
55.04
AI-generated estimateData refreshed July 2026

These are the sources cited in this local demographics research for this city. Individual figures may not each trace to one of them.

  1. 1.worldometers.info
  2. 2.had.gov.hk
  3. 3.en.wikipedia.org
  4. 4.en.wikipedia.org
  5. 5.investhk.gov.hk
  6. 6.hongkong-fintech.hk
  7. 7.startupgenome.com
  8. 8.news.gov.hk
  9. 9.news.gov.hk

Data last updated July 2026 · Verify anything important.