In the fourth quarter of 2007, the Gross Domestic Product (GDP) increased by 6.7% in real terms over a year earlier, compared with the 6.3% increase in the third quarter. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+6.3%

year-on-year
% change
in real terms

4th Qtr 2007

+6.7%

year-on-year
% change
in real terms

Private consumption expenditure (PCE) grew by 10.0% in real terms in the fourth quarter of 2007 over a year earlier, after an increase of 10.6% in the third quarter. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+10.6%

year-on-year
% change
in real terms

4th Qtr 2007

+10.0%

year-on-year
% change
in real terms

Gross domestic fixed capital formation (GDFCF) increased by 10.4% in real terms in the fourth quarter of 2007, distinctly faster than the 1.0% growth in the third quarter. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+1.0%

year-on-year
% change
in real terms

4th Qtr 2007

+10.4%

year-on-year
% change
in real terms

In March 2008, the volume of Hong Kong's re-exports of goods increased by 6.4% over March 2007, whereas that of domestic exports decreased by 9.5%. Taken together, the volume of total exports of goods increased by 5.8%. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

+5.5%

year-on-year
% change
in real terms

Mar 2008

+5.8%

year-on-year
% change
in real terms

In March 2008, the volume of Hong Kong's domestic exports of goods decreased by 9.5% over March 2007. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

-4.5%

year-on-year
% change
in real terms

Mar 2008

-9.5%

year-on-year
% change
in real terms

In March 2008, the volume of Hong Kong's re-exports of goods increased by 6.4% over March 2007. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

+5.9%

year-on-year
% change
in real terms

Mar 2008

+6.4%

year-on-year
% change
in real terms

In March 2008, the volume of Hong Kong's imports of goods increased by 3.0% over March 2007. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

+9.8%

year-on-year
% change
in real terms

Mar 2008

+3.0%

year-on-year
% change
in real terms

Exports of services increased by 10.5% in real terms in the fourth quarter of 2007 over a year earlier. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+12.6%

year-on-year
% change
in real terms

4th Qtr 2007

+10.5%

year-on-year
% change
in real terms

Imports of services rose by 9.1% in real terms in the fourth quarter of 2007. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+9.1%

year-on-year
% change
in real terms

4th Qtr 2007

+9.1%

year-on-year
% change
in real terms

After netting out the effect of price changes, Hong Kong's GNP increased by 9.4% in real terms in the fourth quarter of 2007 over a year earlier, compared with an increase of 6.0% in the third quarter of 2007. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+6.0%

year-on-year
% change
in real terms

4th Qtr 2007

+9.4%

year-on-year
% change
in real terms

Hong Kong recorded a surplus amounting to $78.3 billion in its BoP account (at 17.5% of GDP) in the fourth quarter of 2007, as compared with a surplus of $13.9 billion (at 3.4% of GDP) in the third quarter of 2007. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+13.9

(HK$ billion)

4th Qtr 2007

+78.3

(HK$ billion)

According to the Composite CPI, overall consumer prices rose by 4.2% in March 2008 over a year earlier, smaller than the 6.3% increase in February. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

+6.3%

year-on-year
% change

Mar 2008

+4.2%

year-on-year
% change

The implicit price deflator (IPD) of GDP, as an overall measure of inflation in the economy, recorded a year-on-year increase of 4.7% in the fourth quarter of 2007, after an increase of 3.3% in the third quarter. (Full press release)

Detailed statistics
Concepts and Methods

3rd Qtr 2007

+3.3%

year-on-year
% change

4th Qtr 2007

+4.7%

year-on-year
% change

After netting out the effect of price changes, the volume of total retail sales increased by 13.0% (provisional) in March 2008 compared with a year earlier. (Full press release)

Detailed statistics
Concepts and Methods

Feb 2008

+4.4%

year-on-year
% change
in real terms

Mar 2008

+13.0%

year-on-year
% change
in real terms
(provisional)

After discounting the effect of price changes, total restaurant receipts rose by 10.0% (provisional) in volume in the first quarter of 2008 as compared to a year earlier. (Full press release)

Detailed statistics
Concepts and Methods

4th Qtr 2007

+10.8%

year-on-year
% change
in real terms

1st Qtr 2008

+10.0%

year-on-year
% change
in real terms
(provisional)

Total labour force increased by around 600, from 3 652 400 in December 2007 - February 2008 to 3 653 000 (provisional figure) in January - March 2008. (Full press release)

Detailed statistics
Concepts and Methods

Dec 2007 -
Feb 2008

3 652.4

('000)

Jan - Mar
2008

3 653.0

('000)
(provisional figure)

Total employment decreased by around 6 400, from 3 540 400 in December 2007 - February 2008 to 3 534 000 (provisional figure) in January - March 2008. (Full press release)

Detailed statistics
Concepts and Methods

Dec 2007 -
Feb 2008

3 540.4

('000)

Jan - Mar
2008

3 534.0

('000)
(provisional figure)

The number of unemployed persons (not seasonally adjusted) increased by around 6 900, from 112 000 in December 2007 - February 2008 to 118 900 (provisional figure) in January - March 2008. (Full press release)

Detailed statistics
Concepts and Methods

Dec 2007 -
Feb 2008

112.0

('000)

Jan - Mar
2008

118.9

('000)
(provisional figure)

The seasonally adjusted unemployment rate increased from 3.3% in December 2007 - February 2008 to 3.4% (provisional figure) in January - March 2008. (Full press release)

Detailed statistics
Concepts and Methods

Dec 2007 -
Feb 2008

3.3%

Jan - Mar
2008

3.4%

(provisional figure)

The underemployment rate stood at 1.9% (provisional figure) in January - March 2008, same as that in December 2007 - February 2008. (Full press release)

Detailed statistics
Concepts and Methods

Dec 2007 -
Feb 2008

1.9%

Jan - Mar
2008

1.9%

(provisional figure)

The average wage rate for all the major sectors surveyed, as measured by the wage index, rose by 2.7% in nominal terms in December 2007 over a year earlier. (Full press release)

Detailed statistics
Concepts and Methods

Sep 2007

+2.3%

year-on-year
% change
in nominal terms

Dec 2007

+2.7%

year-on-year
% change
in nominal terms

The Hong Kong population was 6 963 100 (provisional) at end-2007, representing an increase of 53 600 (provisional) or 0.8% (provisional) over end-2006. (Full press release)

Detailed statistics
Concepts and Methods

Mid - 2007

6 925.9

('000)

End - 2007

6 963.1

('000)
(provisional)