1989# 1990#
Table 1 Expenditure-based quarterly GDP estimates at constant (1980) market prices,
1st quarter 1989 to 3rd quarter 1991
Expenditure Components of GDP
HK$ million
1989#
1990#
1991
QI
Q2
Q3
Q4
QI
Q2
Q3
Q4
QI @
Q2 *
Q3 +
1. Private consumption expenditure
153,486| 160,445
39,771
36,312
37,839
39,564
39,271
38,280
40,620
42,274
41,419
40,814
43,721
(3.6)
(4.5)
(8.5)
(3.3)
(2.3)
(0.6)
(-1.3) (5.4)
(7.3)
(6.8)
(5.5)
(6.6)
(7.6)
2. Government consumption expenditure
15,483
16,504
4,095
3,692
3,765
3,931
4,406
3,798
4,154
4,146
4,711
4,197
4,357
(6.0)
(6.6)
(9.8)
(8.1)
(-1.1)
(7.8)
(7.6)
(2.9)
(10.3)
(5.5)
(6.9)
(10.5)
(4.9)
3. Gross domestic fixed capital formation
of which: Buildings & construction
64,718
69,670
16,228
16,531
16,266
15,693
16,415
17,056
17,540
18,659
17,636
18,908
19,557
(3.1)
(7.7)
(10.5)
(7.9)
(1.3)
(-5.9)
(1.2)
(3.2) (7.8) (18.9)
(7.4)
(10.9)
(11.5)
21,188
23,269
5,586
4,851
5,257
5,494
5,768
5,374
5,914
6,213
6,129
5,306
5,766
(9.7)
(9.8)
(8.7)
(6.7)
(14.5)
(9.1)
(3.3) (10.8)
(12.5)
(131)
(63)
(-1.3) (-2.5)
Plant, machinery & equipment
26,641
27,768
6,359
7,203
6,976 6,103
6,533
(1.8)
(4.2)
(17.5)
(10.8)
(-2.8) (-13.7)
(2.7)
4. Change in stocks
2,375 3,230
724
2,895
-557
-687
-727
7,116 6,919
(-1.2) (-0.8)
2,556 966
7,200
7,004 8,636 8,574
(18.0)
435
(7.2) (21.4) (239)
1,562 3,382
656
5. Total exports of goods (f.o.b.)
Domestic exports
Re-exports
344,150 375,842
(10.2) (9.2) 142,174 | 141,523
(0.1) (-0.5) 201,976 | 234,319
75,392
(20.8)
84,918
(14.7)
93,347
(8.3)
90,493
(0.9)
76,642
(1.7)
90,799
(6.9)
100,192
(7.3)
108,209
(19.6)
87,953
106,612
118,412
(14.8)
(17.4)
(18.2)
30,624
34,522
39,158
37,870
29,183
34,011
38,307
40,022
29,846
34,723
38,102
(5.4)
(2.2)
(-1.3)
(43)
(-4.7)
(-1.5)
(-2.2)
(5.7)
(2.3)
(2.1)
(-0.5)
44,768
50,396
54,189
52,623
47,459
56,788
61,885
68,187
58,107
71,889
80,310
(18.6) (16.0)
(34.1)
(251)
(16.4)
(5.0)
(6.0)
(12.7)
(14.2)
(29.6)
(22.4)
(26.6)
(29.8)
6. Less imports of goods (c.i.f.)
337,134
375,700
78,724
88,030
85,683
84,697
78,403
94,075
95,996
107,226
92,861
113,570
116,588
(8.9)
(11.4)
(26.0)
(15.0)
(4.1)
(-4.2)
(~0.4)
(6.9)
(12.0)
(26.6)
(18.4)
(20.7)
(21.5)
7. Exports of services
52,489
55,937
11,647
12,987
13,233
14,622
11,746
13.727
14,710
15,754
12,413
14,811
15,431
(5.2)
(6.6)
(13.4)
(6.0)
(3.2)
(0.7)
(0.9)
(5.7)
(11.2)
(7.7)
(5.7)
(7.9)
(4.9)
8. Less imports of services
41,349
44,719
10,433
9,652
10,570
(6.5)
(8.2)
(11.0)
(4.0)
(3.5)
10,694
(7.5)
10,519
10,831
11,881
11,488
11,475
11,611
12,701
(0.8)
(12.2)
(12.4)
(7.4)
(9.1)
(7.2)
(6.9)
Gross domestic product
254,218 | 261,209
58,700
59,653
67,640
68,225
58,831
61,310
70,305
70.763
61,358
63,543
72,845
(2.7) (2.8)
(6.6)
(3.2)
(1.3)
(0.7)
(0.2)
(2.8)
(3.9)
(3.7)
(4.3)
(3.6)
(3.6)
195.3
211.8
186.8
197.2
196.2
199.8
207.0
213.5
211.4
214.7
223.6
235.0
232.1
(11.4)
(8.4)
(10.5)
(13.4)
(12.1)
(10.0)
(10.8)
(8.3)
(7.7)
(7.5)
(8.0)
(10.1)
(9.8)
Implicit price deflator of GDP † (1980=100)
† Preliminary estimates
•
Revised (February 92) estimates
@ Revised (November 91) estimates
# Revised (August 91) estimates
Not applicable
A change in the deflator between two periods represents the combined effect of the actual price changes and the changes in the physical composition in the GDP estimates.
The components may not add up to the total due to rounding.
Figures in brackets under the quarterly estimates are percentage change over the same quarter of the preceding year,
while those under the annual estimates are percentage change over the preceding year.
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