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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 second quarter of 2008, the Gross Domestic Product (GDP) increased by 4.2% in real terms over a year earlier, moderating from the 7.3% growth in the first quarter of 2008. (Full press release) |
Previous 1st Qtr 2008 +7.3% year-on-year | Current 2nd Qtr 2008 +4.2% year-on-year |
![]() Gross Domestic Product (GDP) |
| Domestic Sector | |||
Private consumption expenditure Private consumption expenditure (PCE) grew by 3.1% in real terms in the second quarter of 2008 over a year earlier, moderating from the 7.9% increase in the first quarter. (Full press release) |
Previous 1st Qtr 2008 +7.9% year-on-year | Current 2nd Qtr 2008 +3.1% year-on-year |
![]() Private consumption expenditure |
Gross domestic fixed capital formation Gross domestic fixed capital formation (GDFCF) recorded an increase of 4.3% in real terms in the second quarter of 2008, smaller than the 9.9% growth in the first quarter. (Full press release) |
Previous 1st Qtr 2008 +9.9% year-on-year | Current 2nd Qtr 2008 +4.3% year-on-year |
![]() Gross domestic fixed capital formation |
| External Trade | |||
Total exports of goods In June 2008, the volume of Hong Kong's re-exports of goods decreased by 3.6% over June 2007, while that of domestic exports dropped significantly, by 24.9%. Taken together, the volume of total exports of goods decreased by 4.6%. (Full press release) |
Previous May 2008 +8.0% year-on-year | Current Jun 2008 -4.6% year-on-year |
![]() Total exports of goods |
Domestic exports of goods In June 2008, the volume of Hong Kong's domestic exports of goods dropped significantly, by 24.9% over June 2007. (Full press release) |
Previous May 2008 -17.8% year-on-year | Current Jun 2008 -24.9% year-on-year |
![]() Domestic exports of goods |
Re-exports of goods In June 2008, the volume of Hong Kong's re-exports of goods decreased by 3.6% over June 2007. (Full press release) |
Previous May 2008 +9.2% year-on-year | Current Jun 2008 -3.6% year-on-year |
![]() Re-exports of goods |
Imports of goods In June 2008, the volume of Hong Kong's imports of goods decreased by 2.8% over June 2007. (Full press release) |
Previous May 2008 +11.4% year-on-year | Current Jun 2008 -2.8% year-on-year |
![]() Imports of goods |
Exports of services Exports of services increased by 7.1% in real terms in the second quarter of 2008 over a year earlier, after a 10.2% increase in the first quarter. (Full press release) |
Previous 1st Qtr 2008 +10.2% year-on-year | Current 2nd Qtr 2008 +7.1% year-on-year |
![]() Exports of services |
Imports of services Imports of services grew by 2.6% in real terms in the second quarter of 2008. (Full press release) |
Previous 1st Qtr 2008 +10.1% year-on-year | Current 2nd Qtr 2008 +2.6% 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 increased by 4.3% in real terms in the first quarter of 2008 over a year earlier, compared with an increase of 9.7% in the fourth quarter of 2007. (Full press release) |
Previous 4th Qtr 2007 +9.7% year-on-year | Current 1st Qtr 2008 +4.3% year-on-year |
![]() Gross National Product (GNP) |
| Balance of Payments Account | |||
Balance of Payments (BoP) account Hong Kong recorded a surplus amounting to $55.0 billion in its BoP account (at 13.4% of GDP) in the first quarter of 2008, as compared with a surplus of $78.3 billion (at 17.4% of GDP) in the fourth quarter of 2007. (Full press release) |
Previous 4th Qtr 2007 +78.3 (HK$ billion) | Current 1st Qtr 2008 +55.0 (HK$ billion) |
![]() Balance of Payments Account |
| Prices | |||
Consumer Price Index (CPI) According to the Composite CPI, overall consumer prices rose by 6.1% in June 2008 over a year earlier, larger than the 5.7% increase in May. (Full press release) |
Previous May 2008 +5.7% year-on-year | Current Jun 2008 +6.1% year-on-year |
![]() 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, recorded a year-on-year increase of 2.0% in the second quarter of 2008, compared with the 2.3% increase in the first quarter. (Full press release) |
Previous 1st Qtr 2008 +2.3% year-on-year | Current 2nd Qtr 2008 +2.0% 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 increased by 4.0% (provisional) in June 2008 compared with a year earlier. (Full press release) |
Previous May 2008 +5.6% year-on-year | Current Jun 2008 +4.0% year-on-year |
![]() Retail sales |
Restaurant receipts After discounting the effect of price changes, total restaurant receipts rose by 8.5% (provisional) in volume in the second quarter of 2008 as compared to a year earlier. (Full press release)
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Previous 1st Qtr 2008 +10.2% year-on-year | Current 2nd Qtr 2008 +8.5% year-on-year |
![]() Restaurant receipts |
| Labour | |||
Total labour force Total labour force increased by around 4 500, from 3 654 300 in April - June 2008 to 3 658 800 (provisional figure) in May - July 2008. (Full press release) |
Previous Apr - Jun 3 654.3 ('000) | Current May - Jul 3 658.8 ('000) |
![]() Total labour force |
Employed population Total employment increased by around 1 400, from 3 532 800 in April - June 2008 to 3 534 200 (provisional figure) in May - July 2008. (Full press release) |
Previous Apr - Jun 3 532.8 ('000) | Current May - Jul 3 534.2 ('000) |
![]() Employed population |
Unemployed population The number of unemployed persons (not seasonally adjusted) increased by around 3 100, from 121 500 in April - June 2008 to 124 600 (provisional figure) in May - July 2008. (Full press release) |
Previous Apr - Jun 121.5 ('000) | Current May - Jul 124.6 ('000) |
![]() Unemployed population |
Seasonally adjusted unemployment rate The seasonally adjusted unemployment rate declined from 3.3% in April - June 2008 to 3.2% (provisional figure) in May - July 2008. (Full press release) |
Previous Apr - Jun 3.3% | Current May - Jul 3.2%
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![]() Seasonally adjusted unemployment rate and Underemployment rate |
Underemployment rate The underemployment rate held stable at 1.9% in April - June 2008 and May - July 2008 (provisional figure). (Full press release) |
Previous Apr - Jun 1.9% | Current May - Jul 1.9%
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Labour wages The average wage rate for all the major sectors surveyed, as measured by the wage index, rose by 3.8% in nominal terms in March 2008 over a year earlier. (Full press release) |
Previous Dec 2007 +2.7% year-on-year | Current Mar 2008 +3.8% year-on-year |
![]() Labour wages |
| Population | |||
Population The Hong Kong population was 6 985 200 (provisional) at mid-2008, representing an increase of 59 300 (provisional) or 0.9% (provisional) over mid-2007. (Full press release) |
Previous End - 2007 6 952.8 ('000) | Current Mid - 2008 6 985.2 ('000) |
![]() Population |