TNAG-1766-FCO40-2520-Hong-Kong-Budget-Appropriation-Ordinance-1988-(No.-23-of-198-1988 — Page 31

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

FORECAST OF EXPENDITURE ON THE GROSS DOMESTIC PRODUCT IN 1988

At Constant (1980)

Market Prices

Preliminary

Forecast

Growth rates

estimates 1987

1988

in real termé

(mm)

(Sorry)

Private Consumption Expenditure

139,847

148,937

6.5

Government Consumption

Expenditure

13,954

14,735

5.6

Gross Domestic Fixed Capital

Formation

57,554

59,835

4.0

Transfer costs of land and

buildings

3,829

4,020

5.0

Building and construction

18,749

19,461

3.8

}

Private

12,285

12,965

5.5

Public

6,464

6,496

0.5

Real Estate Developers'

Margin

13,367

13,902

4.0

Plant, machinery and

equipment

21,609

22,452

3.9

Private

21,169

21,814

3.0

Public

440

638

45.0

Changes in Stocks

2,781

2,300

N.A.

Total Exports of Goods

247,243

269,092

8.8

Domestic exporta (*)

130,130

138,158

6.0

Re-exports

116,905

130,934

12.0

Imports of Goods (**)

244,760

267,968

9.5

Exports less Imports of Services

10,578

11,636

10.0

Gross Domestic Product (GDP)

227,197

238,547

5.0

Per Capita GDP (8)

40,474

42,029

3.8

Total Final Demand

504,908

543,651

7.7

Total Final Demand Excluding

Re-exports

388,003

412,717

6.4

Retained Importa

127,855

137,054

7.7

Domestic Demand

214.136

225,807

5.5

Private

193,278

203,938

5.5

Public

20,858

21,869

4.8

CD EN UN NA

Notes: (*) Forecast growth rates in real terms of domestic exporta by major markets: U.S.A. 2.54, China 144, F.R.G. 81, U.K, 8%, Japan 144, rest of the world 44.

(**) Including an estimate of imports of gold for industrial and

commercial use.

N.A. Not applicable.

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