442 Appendices
Year-on-year rates of change of GDP and expenditure
2003
2007@
2008@
components (%)
In nominal terms
GDP
-3.3
+9.5
+3.9
Private consumption expenditure
-3.8
+12.5
+4.6
Government consumption expenditure
-0.9
+6.0
+7.3
Gross domestic fixed capital formation
-8.5
+0.8
+0.7
Exports of goods (f.o.b.)
+12.0
+9.4
+5.4
Exports of services
+4.2
+16.9
+9.0
Imports of goods (f.o.b.)
+12.0
+10.7
+6.0
Imports of services
In real terms
GDP
+0.4
+15.4
+7.5
+3.0
+6.4
+2.5
Private consumption expenditure
-1.3
+8.5
+1.8
Government consumption expenditure
+1.8
+3.0
+2.0
Gross domestic fixed capital formation
+0.9
+3.4
-0.3
Exports of goods (f.o.b.)
+14.0
+7.0
+2.0
Exports of services
+7.6
+14.1
+5.6
Imports of goods (f.o.b.)
+13.1
+8.8
+1.9
Imports of services
-2.2
+12.1
+3.2
(c) GDP by Economic Activity at Current Prices
Percentage contribution of economic activities to GDP
2003
2006
2007@
at current factor cost (%)
Agriculture and fishing
0.1
0.1
0.1
Mining and quarrying
+
+
+
Manufacturing
3.7
3.2
2.5
Electricity, gas and water
3.3
2.8
2.6
Construction
3.8
2.7
2.6
Services
89.2
91.2
92.3
Wholesale, retail and import and export trades,
restaurants and hotels
25.9
27.9
26.9
Transport, storage and communications
9.9
9.6
9.1
Financing, insurance, real estate and business
21.1
25.0
29.1
services
Community, social and personal services
21.5
18.0
17.1
Ownership of premises
Total
GDP at current factor cost (HK$ billion)
10.8
10.6
10.1
100.0
100.0
100.0
1,191.8
1,423.3
1,551.5