Hong Kong's Gross National Income rose 7.2% year-on-year to $588.2 billion in the third quarter, while Gross Domestic Product grew 5.3% to $576.5 billion, the Census & Statistics Department announced today.
The city's GNI was larger than its GDP by $11.7 billion, representing a net external primary income inflow of the same amount, and equivalent to 2.0% of GDP in that quarter.
After netting out the effect of price changes, Hong Kong's GNI increased 2.9% in real terms compared to a year earlier, while the corresponding GDP grew 2.7%.
Total primary income inflow into Hong Kong - estimated at $325.1 billion and equivalent to 56.4% of GDP - rose 12.4% compared to the previous year.
Meanwhile, total primary income outflow - estimated at $313.4 billion and equivalent to 54.4% of GDP - increased 8.7% year-on-year.
Taking the inflow and outflow together, a net external primary income inflow of $11.7 billion was recorded in the third quarter.
