Q3 GNI up 4.6%

December 13, 2013

Hong Kong's gross national income rose 4.6% year-on-year to $550.1 billion in the third quarter, while Gross Domestic Product grew 4.7% to $549.7 billion, the Census & Statistics Department said today.
 
Hong Kong’s GNI was larger than its GDP by $400 million, representing a net external primary income inflow of the same amount, and equivalent to 0.1% of GDP in that quarter.
 
After netting out the effect of price changes, Hong Kong's GNI increased 5.4% in real terms year-on-year, and the corresponding GDP grew 2.9%.
 
Total primary income inflow into Hong Kong, estimated at $285.3 billion and equivalent to 51.9% of GDP, rose 7.6% over a year earlier. Total primary income outflow, estimated at $284.9 billion and equivalent to 51.8% of GDP, increased 7.8% year-on-year. Taking the inflow and outflow together, a net external primary income inflow of $400 million was recorded.