Gross Domestic Product (GDP) Prices
Domestic Sector Commerce
External Trade Labour
Gross National Product (GNP) Population
Balance of Payments Account

Gross Domestic Product (GDP)

Gross Domestic Product (GDP)

In the fourth quarter of 2011, the Gross Domestic Product (GDP) increased by 3.0% in real terms over a year earlier, compared with the 4.3% increase in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+4.3%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+3.0%

year-on-year
% change
in real terms

Gross Domestic Product (GDP) - click to enlarge
Gross Domestic Product (GDP)


Domestic Sector

Private consumption expenditure

Private consumption expenditure (PCE) increased by 6.4% in real terms in the fourth quarter of 2011 over a year earlier, moderating from the 9.8% growth in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+9.8%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+6.4%

year-on-year
% change
in real terms

Private consumption expenditure - click to enlarge
Private consumption expenditure

Gross domestic fixed capital formation

Gross domestic fixed capital formation (GDFCF) increased by 9.0% in real terms in the fourth quarter of 2011 over a year earlier, compared with the increase of 11.2% in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+11.2%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+9.0%

year-on-year
% change
in real terms

Gross domestic fixed capital formation - click to enlarge
Gross domestic fixed capital formation


External Trade

Total exports of goods

In November 2011, the volume of Hong Kong's re-exports of goods decreased by 2.8% over November 2010, while that of domestic exports dropped sharply, by 37.6%. Taken together, the volume of total exports of goods decreased by 3.6%. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Oct 2011

+4.0%

year-on-year
% change
in real terms


Current

Nov 2011

-3.6%

year-on-year
% change
in real terms

Total exports of goods - click to enlarge
Total exports of goods

Domestic exports of goods

In November 2011, the volume of Hong Kong's domestic exports of goods dropped sharply, by 37.6% over November 2010. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Oct 2011

-31.5%

year-on-year
% change
in real terms


Current

Nov 2011

-37.6%

year-on-year
% change
in real terms

Domestic exports of goods - click to enlarge
Domestic exports of goods

Re-exports of goods

In November 2011, the volume of Hong Kong's re-exports of goods decreased by 2.8% over November 2010. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Oct 2011

+4.8%

year-on-year
% change
in real terms


Current

Nov 2011

-2.8%

year-on-year
% change
in real terms

Re-exports of goods - click to enlarge
Re-exports of goods

Imports of goods

In November 2011, the volume of Hong Kong's imports of goods increased by 2.9% over November 2010. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Oct 2011

+3.9%

year-on-year
% change
in real terms


Current

Nov 2011

+2.9%

year-on-year
% change
in real terms

Imports of goods - click to enlarge
Imports of goods

Exports of services

Exports of services increased by 3.5% in real terms in the fourth quarter of 2011 over a year earlier, compared with the 5.5% increase in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+5.5%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+3.5%

year-on-year
% change
in real terms

Exports of services - click to enlarge
Exports of services

Imports of services

Imports of services increased by 1.9% in real terms over the same period, compared with the 2.3% increase in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+2.3%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+1.9%

year-on-year
% change
in real terms

Imports of services - click to enlarge
Imports of services


Gross National Product (GNP)

Gross National Product (GNP)

After netting out the effect of price changes, Hong Kong's GNP increased by 5.3% in real terms in the third quarter of 2011 over a year earlier, compared with an increase of 9.4% in the second quarter of 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

2nd Qtr 2011

+9.4%

year-on-year
% change
in real terms


Current

3rd Qtr 2011

+5.3%

year-on-year
% change
in real terms

Gross National Product (GNP) - click to enlarge
Gross National Product (GNP)


Balance of Payments Account

Balance of Payments (BoP) account

Hong Kong recorded a surplus amounting to $23.6 billion in its Balance of Payments account (as a ratio of 4.8% to GDP) in the third quarter of 2011, compared with a surplus of $19.6 billion (as a ratio of 4.4% to GDP) in the second quarter of 2011. At the end of the third quarter of 2011, Hong Kong’s net International Investment Position amounted to $5,141.1 billion (as a ratio of 276% to GDP). (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

2nd Qtr 2011

+19.6

(HK$ billion)


Current

3rd Qtr 2011

+23.6

(HK$ billion)

Balance of Payments Account - click to enlarge
Balance of Payments Account


Prices

Consumer Price Index (CPI)

According to the Composite CPI, overall consumer prices rose by 5.7% in December 2011 over the same month a year earlier. On a seasonally adjusted basis, the average monthly rate of increase in the Composite CPI for the 3-month period from October to December 2011 was 1.2%. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Nov 2011

+5.7%

year-on-year
% change


Current

Dec 2011

+5.7%

year-on-year
% change

Consumer Price Index (CPI) - click to enlarge
Consumer Price Index (CPI)

Implicit price deflator of GDP (or GDP deflator)

The implicit price deflator (IPD) of GDP, as a broad measure of overall inflation in the economy, increased by 2.8% in the fourth quarter of 2011 over a year earlier, compared with the 4.7% increase in the third quarter. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

3rd Qtr 2011

+4.7%

year-on-year
% change


Current

4th Qtr 2011

+2.8%

year-on-year
% change

Implicit price deflator of GDP - click to enlarge
Implicit price deflator of GDP


Commerce

Retail sales

After netting out the effect of price changes, the volume of total retail sales increased by 17.1% (provisional figure) in December 2011 over a year earlier. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Nov 2011

+16.9%

year-on-year
% change
in real terms


Current

Dec 2011

+17.1%

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

Retail sales - click to enlarge
Retail sales

Restaurant receipts

After discounting the effect of price changes, total restaurant receipts increased by 1.2% (provisional figure) in volume in the fourth quarter of 2011 compared with a year earlier. (Full press release)

*Detailed statistics
*Concepts and Methods



Previous

3rd Qtr 2011

+0.4%

year-on-year
% change
in real terms


Current

4th Qtr 2011

+1.2%

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

Restaurant receipts - click to enlarge
Restaurant receipts


Labour

Total labour force

Total labour force increased by around 5 700 from 3 772 300 in September – November 2011 to 3 778 000 (provisional figure) in October – December 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Sep - Nov
2011

3 772.3

('000)


Current

Oct - Dec
2011

3 778.0

('000)
(provisional figure)

Total labour force - click to enlarge
Total labour force

Employed population

Total employment increased by around 10 800 from 3 651 100 in September – November 2011 to 3 661 900 (provisional figure) in October – December 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Sep - Nov
2011

3 651.1

('000)


Current

Oct - Dec
2011

3 661.9

('000)
(provisional figure)

Employed population - click to enlarge
Employed population

Unemployed population

The number of unemployed persons (not seasonally adjusted) decreased by around 5 100 from 121 200 in September – November 2011 to 116 100 (provisional figure) in October – December 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Sep - Nov
2011

121.2

('000)


Current

Oct - Dec
2011

116.1

('000)
(provisional figure)

Unemployed population - click to enlarge
Unemployed population

Seasonally adjusted unemployment rate

The seasonally adjusted unemployment rate decreased from 3.4% in September – November 2011 to 3.3% (provisional figure) in October – December 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Sep - Nov
2011

3.4%


Current

Oct - Dec
2011

3.3%


(provisional figure)

Seasonally adjusted unemployment rate and Underemployment rate - click to enlarge
Seasonally adjusted unemployment rate
and Underemployment rate

Underemployment rate

The underemployment rate fell from 1.5% in September – November 2011 to 1.4% (provisional figure) in October – December 2011. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Sep - Nov
2011

1.5%


Current

Oct - Dec
2011

1.4%


(provisional figure)


Labour wages

The average wage rate for all the selected industry sections surveyed, as measured by the wage index, rose by 9.9% in nominal terms in September 2011 over a year earlier. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

Jun 2011

+8.0%

year-on-year
% change
in nominal terms


Current

Sep 2011

+9.9%

year-on-year
% change
in nominal terms

Labour wages - click to enlarge
Labour wages


Population

Population

The provisional estimate of the Hong Kong population was 7 108 100 at mid-2011, representing an increase of 40 300 or 0.6% over mid-2010. (Full press release)

*Detailed statistics
*Concepts and Methods


Previous

End - 2010

7 102.3

('000)


Current

Mid - 2011

7 108.1

('000)
(provisional)

Population - click to enlarge
Population