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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 2,564,130 2.2 1,691,548 2.0 254,231 3.4 559,529 -0.1 475
2017 r 2,662,836 3.8 1,785,499 5.6 261,474 2.8 575,991 2.9 10,973
2018 r 2,742,787 3.0 1,883,560 5.5 272,419 4.2 587,667 2.0 7,157
2018 Q2 r 654,271 3.6 473,639 6.0 65,238 4.3 148,276 1.9 1,620
Q3 r 696,011 2.8 457,539 4.8 67,744 3.3 150,563 8.6 12,142
Q4 r 721,686 1.2 488,816 2.7 68,633 4.9 150,329 -5.8 -2,562
2019 Q1 r 674,829 0.6 465,255 0.4 73,969 4.5 128,761 -7.0 -7,280
Q2 r 657,429 0.5 478,982 1.1 67,949 4.2 131,070 -11.6 -3,713

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 3,957,460 1.6 789,684 -3.5 4,093,631 0.7 593,338 2.0
2017 r 4,212,774 6.5 812,937 2.9 4,391,306 7.3 605,506 2.1
2018 r 4,366,391 3.6 852,613 4.9 4,607,608 4.9 619,412 2.3
2018 Q2 r 1,047,453 4.7 196,517 5.5 1,131,515 6.3 146,957 0.5
Q3 r 1,161,963 5.1 215,087 3.0 1,209,630 7.7 159,397 2.5
Q4 r 1,148,044 0.0 218,228 3.3 1,188,413 -0.5 161,389 2.1
2019 Q1 r 971,183 -3.7 224,569 0.8 1,032,239 -4.2 149,389 -1.5
Q2 r 988,968 -5.6 196,054 -0.2 1,052,556 -7.0 149,325 1.6

Notes : Figures in this table are the latest data released on 16 August 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 (2017) dollar series is derived by extrapolation of the current price value for the reference year (2017) 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.
 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 increase by 0% to 1% 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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