Mnemonic | C$.IHKG | |
---|---|---|
Unit | Mil. Ch. 2021 HKD, SA | |
Adjustments | Seasonally Adjusted | |
Quarterly | 0.6 % | |
Data | 2023 Q4 | 489,033 |
2023 Q3 | 491,978 |
Source | Census and Statistics Department Hong Kong Special Administrative Region (HKSARG) |
Release | National accounts |
Frequency | Quarterly |
Start Date | 3/31/1973 |
End Date | 12/31/2023 |
Reference | Last | Previous | Units | Frequency | |
---|---|---|---|---|---|
Government Consumption | 2023 Q4 | 97,103 | 97,165 | Mil. HKD, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 132,626 | 129,869 | Mil. HKD, NSA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 794,640 | 768,426 | Mil. HKD, NSA | Quarterly |
Private Consumption | 2023 Q4 | 552,241 | 518,615 | Mil. HKD, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 129,261 | 129,258 | Mil. Ch. 2021 HKD, NSA | Quarterly |
Real Government Consumption | 2023 Q4 | 94,586 | 93,285 | Mil. Ch. 2021 HKD, SA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 713,944 | 710,813 | Mil. Ch. 2021 HKD, SA | Quarterly |
Real Investment | 2023 Q4 | 123,546 | 131,890 | Mil. Ch. 2021 HKD, NSA | Quarterly |
Real Private Consumption | 2023 Q4 | 489,033 | 491,978 | Mil. Ch. 2021 HKD, SA | Quarterly |
Investment | 2020 Q4 | 134,326,000,000 | 119,580,000,000 | HKD, NSA | Quarterly |
For Hong Kong SAR (China), quarterly and annual national accounts with detailed expenditure and production approaches (a.k.a. GDP(E) and GDP(O)).
Acive:
Predecessors:
Gross Domestic Product is a measure of the total cost of production of all occupant producing units of a country or territory in a stated period, before subtracting allowance for consumption of fixed capital.
Per capita GDP of a country or territory is found by dividing total GDP in a year by the population of that country or territory in the identical year.
GDP can be measured using alternate methods. For Hong Kong, GDP is collected using the expenditure approach and the production approach.
For chained prices, the currency reference year is updated every year. As of 2019 it is 2017.
Collection of GDP through the expenditure approach is the total final expenditures on goods and services (including private consumption expenditure, government consumption expenditure, gross domestic fixed capital formation, changes in inventories and exports of goods and services), minus imports of goods and services.
The collection structure of GDP and Gross National Income (GNI) agrees fundamentally with the global principles as specified in the System of National Accounts 2008 (2008 SNA). GDP by expenditure component at current market prices and in volume terms are collected. Modifications in "volume measure of GDP" (also denoted as changes in real terms) mirror modifications in the volumes of goods and services produced or purchased from one period to another.
We compute certain identities in NSA terms. We compute seasonally adjusted counterparts for level series (whereas the percent-change and deflator series are reported in SA terms by HKSARG).
Yes.
The source writes:
The first released figures on GDP by expenditure component in respect of a period are called "advance estimates". When more data become available, the figures will be revised [and these] are still subject to further regular revision later on when more data are incorporated. This routine revision is in accordance with the international practice to compile and release GDP figures at the earliest possible time by using only partial data.
For chained-price figures, the currency reference year is advanced annually.
The source writes:
In calculating the year-on-year growth rate of private consumption expenditure (PCE) for 1992, the 1991 figures was adjusted to exclude the expenditure of ex-subvented hospitals (now called public hospitals). This is because, after the establishment of the Hospital Authority, ex-subvented hospitals started to function as instruments of the government to implement the provision of subsidised hospital services to the general public. In this regard, ex-subvented hospitals, which were previously classified as PCE, are now classified as government consumption services (GCE). The adjustment to the PCE figure for 1991 is for comparability with the figure for 1992. This avoids any distortion of the year-on-year growth rates due to the change in classification. For details, see paragraphs 3.26 and 3.27 of the annual GDP report at http://www.censtatd.gov.hk/hkstat/sub/sp250.jsp?productCode=B1030002
At the source:
At IMF (SDDS):