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Gross Domestic Product (GDP) | ![]() |
Prices | |
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Domestic Sector | ![]() |
Commerce | |
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External Trade | ![]() |
Labour | |
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Gross National Product (GNP) | ![]() |
Population | |
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Balance of Payments Account | |||
Gross Domestic Product (GDP) In the first quarter of 2009, the Gross Domestic Product (GDP) declined by 7.8% in real terms from a year earlier, compared with the 2.6% decrease in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 -2.6% year-on-year | Current 1st Qtr 2009 -7.8% year-on-year |
![]() Gross Domestic Product (GDP) |
| Domestic Sector | |||
Private consumption expenditure Private consumption expenditure (PCE) contracted by 5.5% in real terms in the first quarter of 2009 from a year earlier, following the 4.1% decline in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 -4.1% year-on-year | Current 1st Qtr 2009 -5.5% year-on-year |
![]() Private consumption expenditure |
Gross domestic fixed capital formation Gross domestic fixed capital formation (GDFCF) decreased by 12.6% in real terms in the first quarter of 2009, moderating from the 17.8% decline in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 -17.8% year-on-year | Current 1st Qtr 2009 -12.6% year-on-year |
![]() Gross domestic fixed capital formation |
| External Trade | |||
Total exports of goods In April 2009, the volume of Hong Kong's re-exports of goods decreased by 15.5% over April 2008, while that of domestic exports dropped sharply, by 37.2%. Taken together, the volume of total exports of goods decreased by 16.1%. (Full press release) |
Previous Mar 2009 -20.1% year-on-year | Current Apr 2009 -16.1% year-on-year |
![]() Total exports of goods |
Domestic exports of goods In April 2009, the volume of Hong Kong's domestic exports of goods dropped sharply, by 37.2% over April 2008. (Full press release) |
Previous Mar 2009 -39.8% year-on-year | Current Apr 2009 -37.2% year-on-year |
![]() Domestic exports of goods |
Re-exports of goods In April 2009, the volume of Hong Kong's re-exports of goods decreased by 15.5% over April 2008. (Full press release) |
Previous Mar 2009 -19.5% year-on-year | Current Apr 2009 -15.5% year-on-year |
![]() Re-exports of goods |
Imports of goods In April 2009, the volume of Hong Kong's imports of goods decreased by 15.2% over April 2008. (Full press release) |
Previous Mar 2009 -21.4% year-on-year | Current Apr 2009 -15.2% year-on-year |
![]() Imports of goods |
Exports of services Exports of services decreased by 8.2% in real terms in the first quarter of 2009 from a year earlier, as compared to the 0.4% marginal increase in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 +0.4% year-on-year | Current 1st Qtr 2009 -8.2% year-on-year |
![]() Exports of services |
Imports of services Imports of services dropped by 10.9% in real terms in the first quarter of 2009. (Full press release) |
Previous 4th Qtr 2008 -3.4% year-on-year | Current 1st Qtr 2009 -10.9% year-on-year |
![]() Imports of services |
| Gross National Product (GNP) | |||
Gross National Product (GNP) After netting out the effect of price changes, Hong Kong's GNP decreased by 9.6% in real terms in the first quarter of 2009 over a year earlier, compared with an increase of 0.7% in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 +0.7% year-on-year | Current 1st Qtr 2009 -9.6% year-on-year |
![]() Gross National Product (GNP) |
| Balance of Payments Account | |||
Balance of Payments (BoP) account Hong Kong recorded a surplus amounting to $68.9 billion in its BoP account (at 18.1% of GDP) in the first quarter of 2009, as compared with a surplus of $147.3 billion (at 33.8% of GDP) in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 +147.3 (HK$ billion) | Current 1st Qtr 2009 +68.9 (HK$ billion) |
![]() Balance of Payments Account |
| Prices | |||
Consumer Price Index (CPI) According to the Composite CPI, overall consumer prices remained unchanged in May 2009 compared with the same month a year earlier. On a seasonally adjusted basis, the average monthly rate of change in the Composite CPI for the 3-month period from March to May 2009 was virtually nil. (Full press release) |
Previous Apr 2009 +0.6% year-on-year | Current May 2009 0.0% year-on-year |
![]() Consumer Price Index (CPI) |
Implicit price deflator of GDP (or GDP deflator) The implicit price deflator of GDP, as a broad measure of overall inflation in the economy, recorded a year-on-year increase of 0.5% in the first quarter of 2009, as against the 0.2% decline in the fourth quarter of 2008. (Full press release) |
Previous 4th Qtr 2008 -0.2% year-on-year | Current 1st Qtr 2009 +0.5% year-on-year |
![]() Implicit price deflator of GDP |
| Commerce | |||
Retail sales After netting out the effect of price changes, the volume of total retail sales decreased by 6.4% (provisional) in May 2009 when compared with a year earlier. (Full press release) |
Previous Apr 2009 -5.4% year-on-year | Current May 2009 -6.4% year-on-year |
![]() Retail sales |
Restaurant receipts After discounting the effect of price changes, total restaurant receipts dropped by 1.9% in volume in the first quarter of 2009 as compared to a year earlier. (Full press release)
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Previous 4th Qtr 2008 +2.4% year-on-year | Current 1st Qtr 2009 -1.9% year-on-year |
![]() Restaurant receipts |
| Labour | |||
Total labour force Total labour force increased by around 15 700, from 3 699 000 in February - April 2009 to an all-time high of 3 714 700 (provisional figure) in March - May 2009. (Full press release) |
Previous Feb - Apr 3 699.0 ('000) | Current Mar - May 3 714.7 ('000) |
![]() Total labour force |
Employed population Total employment increased by around 12 800, from 3 502 100 in February - April 2009 to 3 514 900 (provisional figure) in March - May 2009. (Full press release) |
Previous Feb - Apr 3 502.1 ('000) | Current Mar - May 3 514.9 ('000) |
![]() Employed population |
Unemployed population The number of unemployed persons (not seasonally adjusted) increased by around 2 800, from 196 900 in February - April 2009 to 199 700 (provisional figure) in March - May 2009. (Full press release) |
Previous Feb - Apr 196.9 ('000) | Current Mar - May 199.7 ('000) |
![]() Unemployed population |
Seasonally adjusted unemployment rate The seasonally adjusted unemployment rate stood at 5.3% (provisional figure) in March - May 2009, same as that in February - April 2009. (Full press release) |
Previous Feb - Apr 5.3% | Current Mar - May 5.3%
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![]() Seasonally adjusted unemployment rate and Underemployment rate |
Underemployment rate The underemployment rate increased from 2.2% in February - April 2009 to 2.3% (provisional figure) in March - May 2009. (Full press release) |
Previous Feb - Apr 2.2% | Current Mar - May 2.3%
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Labour wages The average wage rate for all the major sectors surveyed, as measured by the wage index, decrease by 0.9% in nominal terms in March 2009 over a year earlier. (Full press release) |
Previous Dec 2008 +0.9% year-on-year | Current Mar 2009 -0.9% year-on-year |
![]() Labour wages |
| Population | |||
Population The Hong Kong population was 7 008 900 (provisional) at end-2008, representing an increase of 56 100 (provisional) or 0.8% (provisional) over end-2007. (Full press release) |
Previous Mid - 2008 6 977.7 ('000) | Current End - 2008 7 008.9 ('000) |
![]() Population |