ENG-2004 — Page 565

Appendix 6

Table 1

Appendices ❘ 495

(Chapter 3: The Economy)

(a) Gross Domestic Product (GDP)

1999

2003@

2004@

GDP (HK$ billion)

At current market prices

1,246.1

1,220.0

1,282.0

(-2.6)

(-2.2)

(+5.1)

At constant (2000) market prices

1,169.5

1,361.2

1,472.0

(+3.4)

(+3.2)

(+8.1)

Per capita GDP (HK$)

At current market prices

188,622

179,336

186,267

(-3.6)

(-2.5)

(+3.9)

At constant (2000) market prices

177,019

200,088

213,875

(+2.4)

(+2.9)

(+6.9)

(b) GDP by Expenditure Component

1999

2003R

2004@

Expenditure components at current

market prices (HK$ billion)

Private consumption expenditure(1)

754.5

705.0

750.2

Government consumption expenditure

120.0

130.1

126.9

Gross domestic fixed capital formation

325.3

269.1

287.8

Changes in inventories

-10.6

9.5

7.0

Exports of goods (f.o.b.)

1,349.0

1,749.1

2,027.0

Exports of services(1)

265.5

347.4

407.6

Less: Imports of goods (f.o.b.)

1,373.5

1,794.1

2,099.5

Imports of services

184.1

GDP

1,246.1

196.1 1,220.0

225.0

1,282.0

Ratio of expenditure components to GDP at current

market prices (%)

Private consumption expenditure(1)

60.5

57.8

58.5

Government consumption expenditure

9.6

10.7

9.9

Gross domestic fixed capital formation

26.1

22.1

22.5

Changes in inventories

-0.9

0.8

0.5

Exports of goods (f.o.b.)

108.3

143.4

158.1

Exports of services(1)

21.3

28.5

31.8

Less: Imports of goods (f.o.b.)

110.2

147.0

163.8

Imports of services

14.8

16.1

17.6

GDP

100.0

100.0

100.0