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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 2.2 1,649,941 2.0 247,973 3.4 535,216 -0.1 447
2017 r 2,586,217 3.8 1,741,475 5.5 254,989 2.8 550,993 2.9 12,564
2018 p 2,664,357 3.0 1,839,057 5.6 265,749 4.2 563,216 2.2 7,709
2017 Q4 r 692,646 3.5 464,263 6.3 63,815 2.8 152,611 2.7 6,539
2018 Q1 r 651,185 4.6 452,125 8.9 69,099 4.3 132,073 4.4 -2,857
Q2 r 635,373 3.5 462,069 6.0 63,580 4.3 142,074 2.1 1,876
Q3 r 675,977 2.8 446,416 4.8 66,052 3.3 144,744 9.2 11,698
Q4 p 701,822 1.3 478,447 3.1 67,018 5.0 144,325 -5.4 -3,008

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 1.6 764,839 -3.5 4,022,579 0.7 578,106 2.0
2017 r 4,144,034 6.5 787,372 2.9 4,315,085 7.3 590,125 2.1
2018 p 4,291,017 3.5 825,688 4.9 4,524,786 4.9 603,293 2.2
2017 Q4 r 1,128,846 4.3 204,579 3.7 1,174,008 6.0 153,999 0.9
2018 Q1 r 992,647 5.2 215,277 7.6 1,059,167 6.9 148,012 4.2
Q2 r 1,030,137 4.7 190,642 5.6 1,112,206 6.3 142,799 0.2
Q3 r 1,142,000 5.0 209,265 3.4 1,188,809 7.7 155,389 2.5
Q4 p 1,126,233 -0.2 210,504 2.9 1,164,604 -0.8 157,093 2.0

Notes : Figures in this table are the latest data released on 27 February 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.
 The chained (2016) dollar series is derived by extrapolation of the current price value for the reference year (2016) backward and forward using the chain volume index as the extrapolator. As the extrapolation process is carried out for GDP and its components independently in calculating the chained dollar series, discrepancies may exist between the chain volume measure of GDP and the sum of the chain volume measures of its components.
 r“Revised figures”.
 p“Preliminary figures”.
 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%.
 The GDP for 2019 is forecast to increase by 2% to 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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