496 | Appendices
Year-on-year rates of change of GDP and expenditure
1999
2003@
2004@
components (%)
In nominal terms
GDP
-2.6
-2.2
+5.1
Private consumption expenditure(1)
-4.1
-3.3
+6.4
Government consumption expenditure
+3.0
-0.9
-2.4
Gross domestic fixed capital formation
-16.3
-5.9
+6.9
Exports of goods (f.o.b.)
+0.1
+12.0
+15.9
Exports of services(1)
+3.2
+3.6
+17.3
Imports of goods (f.o.b.)
-2.5
+12.0
+17.0
Imports of services
In real terms
GDP
-4.9
-1.8
+14.7
+3.4
+3.2
+8.1
Private consumption expenditure(1)
+1.3
-0.3
+6.7
Government consumption expenditure
+3.1
+1.9
+0.5
Gross domestic fixed capital formation
-16.6
+0.1
+4.5
Exports of goods (f.o.b.)
+3.7
+14.2
+15.3
Exports of services(1)
+6.7
+5.7
+14.9
Imports of goods (f.o.b.)
+
+13.1
+14.1
Imports of services
-4.1
-4.6
+10.5
(c) GDP by Economic Activity at Current Prices
Percentage contribution of economic activities to GDP
1999
2002
2003@
at current factor cost (%)
Agriculture and fishing
0.1
0.1
0.1
Mining and quarrying
ક
ક
§
Manufacturing
5.7
4.5
4.1
Electricity, gas and water
3.2
3.4
3.4
Construction
5.7
4.4
3.9
Services
85.3
87.5
88.5
Wholesale, retail and import/export trades,
25.2
26.9
27.3
restaurants and hotels
Transport, storage and communications
9.6
10.6
10.5
Financing, insurance, real estate and business
23.9
22.2
23.1
services
Community, social and personal services
20.9
22.2
22.4
Ownership of premises
13.8
13.2
12.6
Less: Adjustment for financial intermediation
8.0
7.7
7.5
services indirectly measured
Total
GDP at factor cost (HK$ billion)
100.0
100.0
100.0
1,177.8
1,206.2
1,177.7