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YearQuarterGDPPrivate consumption expenditureGovernment consumption expenditureGross domestic fixed capital formationChanges in inventories
HK$ millionYear-on-year % changeHK$ millionYear-on-year % changeHK$ millionYear-on-year % changeHK$ millionYear-on-year % changeHK$ million
2017 2,659,384 6.8 1,784,148 8.1 261,447 5.4 575,977 7.6 10,973
2018 r 2,835,161 6.6 1,936,122 8.5 281,438 7.6 612,458 6.3 11,204
2019 r 2,865,679 1.1 1,967,322 1.6 308,924 9.8 547,167 -10.7 -6,434
2019 Q2 r 694,280 3.0 507,709 4.0 73,466 8.6 137,911 -9.4 -2,359
Q3 r 719,326 -0.5 470,701 -0.3 78,026 10.8 136,475 -13.2 -1,695
Q4 r 744,207 -1.2 502,263 0.1 79,659 10.8 134,402 -15.4 3,777
2020 Q1 r 661,590 -6.5 447,890 -8.0 89,334 14.9 120,441 -13.0 21,795
Q2 r 637,851 -8.1 440,128 -13.3 82,546 12.4 106,958 -22.4 3,563

YearQuarterExports of goods (f.o.b.)Exports of servicesImports of goods (f.o.b.)Imports of services
HK$ millionYear-on-year % changeHK$ millionYear-on-year % changeHK$ millionYear-on-year % changeHK$ millionYear-on-year % change
2017 4,212,774 8.2 811,295 6.1 4,391,306 9.2 605,924 4.8
2018 r 4,453,350 5.7 886,883 9.3 4,706,347 7.2 639,947 5.6
2019 r 4,292,589 -3.6 792,916 -10.6 4,418,627 -6.1 618,178 -3.4
2019 Q2 r 1,023,952 -4.0 202,120 -1.5 1,095,886 -5.2 152,633 -0.1
Q3 r 1,114,279 -5.9 189,582 -15.2 1,114,117 -9.9 153,925 -5.4
Q4 r 1,155,796 -2.3 171,019 -25.4 1,143,857 -6.3 158,852 -5.1
2020 Q1 r 901,776 -9.7 143,891 -37.5 950,767 -10.7 112,770 -26.2
Q2 r 998,181 -2.5 106,073 -47.5 1,015,037 -7.4 84,561 -44.6

Notes : Figures in this table are the latest data released on 14 August 2020.
 Figures on exports and imports of goods and services are compiled based on the change of ownership principle in recording goods sent abroad for processing and merchanting under the standards stipulated in the System of National Accounts 2008. Users should note that the figures of exports and imports of goods in this table are different from those published in external merchandise trade statistics which are not compiled based on the change of ownership principle.
 rRevised figures
 In Hong Kong, the first released figures on GDP by expenditure component in respect of a period are called "advance estimates". When more data become available, the figures will be revised. All those figures published subsequently, after the advance figures, are called "revised figures". These "revised figures" are still subject to further regular revision later on when more data are incorporated. 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. In general, the figures are finalised when finalised data from all regular sources are incorporated.
 '0.0'denotes increase or decrease of less than 0.05%
 The rate of change of GDP in real terms for 2020 is forecast to be -6.0% to -8.0%. For more information on the forecast of GDP, please click here.
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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