55790/sbn
STATISTICAL SNAPSHOT
BASIC ECONOMIC DATA
(All data 1989 and US dollar unless otherwise stated)
HONG KONG
Economic Indicators
Real GDP growth: 2.5%
GDP: US$ 63 bn
GDP per capita: $10,939
Inflation:
10.1% (Dec 88/Dec 89)
Financial Indicators
Interest rates:
Prime lending rate: 10% 3-month interbank: 8.375%
Currency: Hong Kong dollar
Exchange rate: HK$7.8/US$ (pegged) £=HK$12.6 (Dec 89)
Ml Growth: 6.8%
Budget Surplus: 2.1% of GDP
Domestic Exports:
$28.7 bn
Re-exports:
$44.4 bn
Imports fob:
$72.0 bn
Merchandise trade surplus:
$1.1 bn
Current account surplus:
$6.2 bn
National Accounts
%GDP
GDP by Production
% of total (1988)
Private consumption:
57.9
Manufacturing
22.1
Public consumption:
7.3
Finance and business
27.1
Gross investment:
26.4
Exports GNFS:
135.4
Imports GNFS:
127.4
Distributive trades Community service Other
23.2
14.9
12.7
Change in stocks
0.3
Major Domestic Exports
% of total
Key Markets
% of total
Clothing
32.4
USA
32.2
Watches and Clocks
8.8
FRG
7.0
Textiles
7.5
UK
6.5
Telecommunications goods
7.1
China
19.3
Electronic components
8.0
Japan
5.8
Other (unspecified)
36.5
Major imports
% of total
Key suppliers
% of total
Raw materials
12.6
China
34.9
Consumer goods
37.4
Japan
16.6
Foodstuffs
Capital goods
Gold
Other
25.8
EEC
4.5
7.1
(UK)
2.3
7.5
Taiwan
9.2
9.6
USA
8.2
Demographic Indicators
Population:
Employment
% of total (1988)
5.81 mn
Manufacturing
30.7
Population growth:
1.3%
Finance and business
8.4
Labour force:
2.89 mn
Trade
18.6
Unemployment:
1.4%
Tourism etc
6.8
Population Density:
{e800k per 250) km
6:7
June 1990