Appendix 8

- Contd (Chapter 5: The Economy)

Contribution of Economic Sectors to the Gross Domestic Product at Current Prices

359

1985

1986

1987†

Sector

I. Agriculture and fishing

$ Million

%

$ Million

%

$ Million

%

1,238

0.5

1,332

0.5

1,358

0.4

II. Mining and quarrying

385

0.2

346

0.1

273

0.1

III. Manufacturing

53,071

21.9

62,779

22.3

76,615

22.1

IV. Electricity, gas and water

6,665

2.7

8,385

3.0

9,667

2.8

V. Construction

1 1

12,038

5.0

13,556

4.8

16,015

4.6

VI. Wholesale, retail and import/export trades, restaurants and hotels

| | 52,831

21.8

59,890

21.3

80,489

23.2

VII. Transport, storage and communication

19,677

8.1

22,895

8.1

30,052

8.7

VIII. Financing, insurance, real estate and business services

39,589

16.3

48,588

17.3

63,845

18.4

IX. Community, social and personal services

41,979

17.3

46,778

16.6

51,764

14.9

X. Ownership of premises

26,672

11.0

30,053

10.7

34,625

10.0

XI. Nominal sector (adjustment for financial services)

- 11,722

-4.8

- 13,079

-4.7

- 18,024

-5.2

Gross domestic product at factor cost (production-based estimate)

242,423

100.0

281,523

100.0

346,679

100.0

Indirect taxes less subsidies

12,333

14,750

18,649

Gross domestic product at market prices (production-based estimate)

Gross domestic product at market prices (expenditure-based estimate) Statistical discrepancy

254,756

296,273

365,328

261,195

300,818

368,248

- 2.5%

- 1.5%

-0.8%

Note: Provisional estimates.

Appendix 9

(Chapter 5: The Economy)

Money Supply

ן'

$ Million

As at end of year

1986 Foreign HK$ currency Total

1987 Foreign HK$ currency

1988 Foreign

Total

HK$ currency

Total

The Chartered Bank

One thousand-dollar gold coins

Legal tender coins and notes in circulation |

Commercial bank issues (A)

The Hongkong and Shanghai Banking

Corporation

Government issues (B)

Five-dollar coins

20,626

20,626

26,926

26,926

31,826

31,826

17,054

17,054

22,504

22,504

26,734

26,734

3,572

3,572

4,422

4,422

5,092

5,092

1,786

1,786

1,841

1,841

2,262

2,262

345

345

372

372

372

372

436

436

451

451

624

624

Two-dollar coins

366

366

368

368

493

493

One-dollar coins

335

335

337

337

417

417

Subsidiary coins

302

302

311

311

355

355

One-cent notes

1

1

1

1

1

Licensed banks' and deposit-taking companies'

holdings of legal tender coins and notes (C)

3,117

3,117

4,002

4,002

4,210

4,210

Legal tender coins and notes in hands of

public (A+B-C)=(D)

19,295

19,295

24,764

24,764

29,877

29,,877

Demand deposits with licensed banks (E) Time deposits with licensed banks (F)

32,305

4,494

36,799

49,061

83,083 245,995

329,078

90,820

8,076 312,619

57,138

403,439

49,381 9,577 145,637

58,958

398,865 544,502

Negotiable certificates of deposit issued by banks

(other than those held by banks and deposit- taking companies) (G)

5,144

Savings deposits with licensed banks (H)

97,949

Deposits with deposit-taking companies (1) Negotiable certificates of deposit issued by deposit-taking companies (other than

31,766

2,339 27,527 27,533

7,483 125,476 59,298

7,653

2,940

10,592

138,612 31,049

42,497

181,109

11,219 4,563 118,951

15,782

30,875

61,924

56,578 175,529 32,775 33,756 66,531

those held by banks and deposit-taking companies) (J)

Money supply

Definition 1 (D+E)

Definition 2 (D+E+F+G+H)

Definition 3 (D+E+F+G+H+I+J)

975

3,804 4,779

888

3,499

4,386

51,600 4,494 56,094 237,776 280,355 518,131 270,517 311,691 582,208

73,826 8,076 310,910 366,132 342,847 400,506

81,902 677,042 743,353

1,213

79,257 9,577 88,834 355,065 469,583 824,648

951 2,164

389,052 504,291 893,342

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