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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
2016 2,490,617 3.9 1,649,941 3.6 247,973 7.2 535,216 -0.4 447
2017 r 2,662,836 6.9 1,785,499 8.2 261,474 5.4 575,991 7.6 10,973
2018 r 2,842,883 6.8 1,942,606 8.8 280,980 7.5 611,616 6.2 5,939
2018 Q3 r 726,352 6.8 473,745 7.7 70,291 7.3 158,088 15.2 12,669
Q4 r 754,904 4.7 503,072 5.0 71,573 8.9 158,452 -2.1 -4,424
2019 Q1 r 712,514 3.8 486,905 2.3 77,880 8.8 137,927 -3.5 -7,440
Q2 r 698,044 3.4 509,566 4.0 73,487 8.8 139,360 -8.4 -3,414
Q3 r 722,831 -0.5 472,275 -0.3 77,808 10.7 134,833 -14.7 -592

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
2016 3,892,886 0.1 764,839 -5.5 4,022,579 -1.1 578,106 0.7
2017 r 4,212,774 8.2 812,937 6.3 4,391,306 9.2 605,506 4.7
2018 r 4,461,275 5.9 891,367 9.6 4,715,580 7.4 635,320 4.9
2018 Q3 r 1,186,197 7.2 224,415 7.9 1,237,864 10.4 161,189 3.2
Q4 r 1,185,476 1.8 231,233 6.8 1,224,018 1.3 166,460 1.6
2019 Q1 r 1,000,455 -2.0 234,817 1.8 1,067,013 -2.6 151,017 -3.2
Q2 r 1,025,024 -4.1 203,474 -0.8 1,098,029 -5.2 151,424 -0.2
Q3 r 1,113,208 -6.2 193,221 -13.9 1,113,555 -10.0 154,367 -4.2

Notes : Figures in this table are the latest data released on 15 November 2019.
 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. 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%
 The GDP for 2019 is forecast to decrease by 1.3% in real terms. 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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