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GNI up 5.1% in Q3

December 15, 2016

Hong Kong's Gross National Income rose 5.1% year-on-year to $650.5 billion in the third quarter of this year, while Gross Domestic Product grew 3.4% to $635.2 billion, the Census & Statistics Department announced today.

 

The city's GNI was larger than its GDP by $15.3 billion, representing a net external primary income inflow of the same amount, and equivalent to 2.4% of GDP in that quarter.

 

After netting out the effect of price changes, Hong Kong's GNI increased 3.3% in real terms compared to a year earlier, while the corresponding GDP grew 1.9%.

 

Total primary income inflow into Hong Kong - estimated at $317.4 billion and equivalent to 50% of GDP - was up 5.3% compared to the previous year.

 

Total primary income outflow - estimated at $302.1 billion and equivalent to 47.6% of GDP - increased 1.8% year-on-year.

 

Taking the inflow and outflow together, a net external primary income inflow of $15.3 billion was recorded in the third quarter.



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