TNAG-2466-FCO40-3590-Economic-situation-in-Hong-Kong-1992 — Page 138

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

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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