Table 030 : Gross Domestic Product (GDP), implicit price deflator of GDP and per capita GDP | Census and Statistics Department

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Year	Quarter	GDP					Implicit price deflator of GDP		Per capita GDP
		At current market prices		In chained (2016) dollars @			Implicit price deflator of GDP		At current market prices		In chained (2016) dollars @
		HK$ million	Year-on-year % change	HK$ million	Year-on-year % change	Quarter-to-quarter % change in the seasonally adjusted GDP	Year 2016=100	Year-on-year % change	HK$	Year-on-year % change	HK$	Year-on-year % change
2015		2,398,280	6.1	2,438,043	2.4	N.A.	98.4	3.6	328,924	5.2	334,377	1.5
2016 r		2,490,776	3.9	2,490,776	2.2	N.A.	100.0	1.7	339,500	3.2	339,500	1.5
2017 r		2,660,983	6.8	2,585,210	3.8	N.A.	102.9	2.9	359,996	6.0	349,745	3.0
2017	Q1 r	630,856	6.8	622,671	4.4	0.9	101.3	2.4	N.A.	N.A.	N.A.	N.A.
	Q2 r	628,334	7.4	613,468	3.9	0.9	102.4	3.4	N.A.	N.A.	N.A.	N.A.
	Q3 r	680,231	6.9	657,255	3.6	0.7	103.5	3.2	N.A.	N.A.	N.A.	N.A.
	Q4 r	721,562	6.3	691,816	3.4	0.8	104.3	2.8	N.A.	N.A.	N.A.	N.A.
2018	Q1 p	687,966	9.1	652,077	4.7	2.2	105.5	4.1	N.A.	N.A.	N.A.	N.A.

Notes :	Figures in this table are the latest data released on 11 May 2018.
	r	“Revised figures”.
	p	“Preliminary figures”.
	@	The reference year for the chain volume measures of GDP and its components has been revised from 2015 to 2016. Re-referencing affects the levels, but not the rates of change, of the chain volume measures. Apart from re-referencing, the volume estimates for 2017 previously valued at 2015 prices have also been revalued at 2016 prices. This rebasing of the volume measures affects the real growth rates of the annual and quarterly GDP for 2017.
	In Hong Kong, the first released GDP statistics in respect of a period are called “preliminary figures”. When more data become available, the preliminary figures will be revised. This routine revision is in accordance with the international practice to compile and release GDP figures at the earliest possible time by using only partial data. All those figures published subsequently, on revision, are called “revised figures”. In general, the figures are finalised when data from all regular sources are incorporated.
	'0.0'	denotes increase or decrease of less than 0.05%.
	N.A.	Not applicable.
	The GDP for 2018 is forecast to increase by 3% to 4% in real terms. For more information on the forecast of GDP, please click here.
	Changes over time in the GDP at current prices can be factored into two components, reflecting: (a) changes in the prices of goods and services produced or purchased ; and (b) changes in their volumes.
	Changes of chained dollar estimates of GDP reflect changes in the volume of production or consumption of goods and services from one period to another. The effect of changes in prices has been removed.
	In the seasonally adjusted GDP series, since seasonal effects have been removed statistically, figures for consecutive quarters can be compared more meaningfully. When the year-on-year changes for the quarterly figures in the original GDP series and the quarter-to-quarter changes in the seasonally adjusted GDP series are analysed together, the trend of the GDP can be more clearly discerned.
Source :	National Income Section (1)1, Census and Statistics Department (Enquiry telephone no. : 2582 5077 Enquiry e-mail : gdp-e@censtatd.gov.hk)

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