ENG-2004 — Page 566

Hong Kong Year Books 香港年報 All

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

§

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

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