ENG-2004 — Page 574

504 Appendices

Table 7

(Chapter 3: The Economy)

Government Expenditure and the Economy

HK$ Million

Revised

Actual

Actual

Estimate

1999-2000

2003-2004

2004-2005

Government Expenditure (see Table 8)

Operating Expenditure

175,921

203,234

201,241

Capital Expenditure

38,612

39,979

41,733

Total Government Expenditure

214,533

243,213

242,974

Other public bodies

54,951

27,885

22,285

Total Public Expenditure

269,484

271,098

265,259

Gross Domestic Product (GDP) at

1,246.1

1,220.0@

1,282.0@

current market prices (HK$ billion)(1)

Growth in GDP(1):

Nominal terms

-2.6%

-2.2%@

Real terms

+3.4%

+3.2%@

+5.1% +8.1%@

Growth in Public Expenditure:

Nominal terms

+1.1%

+2.9%

-2.2%

Real terms

+0.6%

+5.2%

-0.5%

Public Expenditure as percentage of GDP

21.6%

22.2%

20.7%

Note: (1) Figures refer to calender years of 1999, 2003 and 2004.

Source: Financial Services and the Treasury Bureau, Government Secretariat.

(Enquiry Telephone No.: 2810 3658)