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GNI up 5.1%

September 13, 2016

Hong Kong's Gross National Income rose 5.1% year-on-year to $625.3 billion in the second quarter of this year, while Gross Domestic Product grew 3.8% to $586.9 billion, the Census & Statistics Department announced today.

 

The city's GNI was larger than its GDP by $38.4 billion, representing a net external primary income inflow of the same amount, and equivalent to 6.5% of GDP in that quarter.

 

After netting out the effect of price changes, Hong Kong's GNI increased 3.6% in real terms compared to a year earlier, while the corresponding GDP grew 1.7%.

 

Total primary income inflow into Hong Kong - estimated at $366.3 billion and equivalent to 62.4% of GDP - was down 3.1% compared to the previous year.

 

Total primary income outflow - estimated at $327.9 billion and equivalent to 55.9% of GDP - decreased 6.1% year-on-year.

 

Taking the inflow and outflow together, a net external primary income inflow of $38.4 billion was recorded in the second quarter.



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