Hong Kong's Gross National Income rose 3.8% year-on-year to $759.7 billion in the second quarter while Gross Domestic Product grew 3.5% to $698.7 billion, the Census & Statistics Department announced today.

The city’s GNI was larger than GDP by $61 billion in the second quarter, which was equivalent to 8.7% of GDP in that quarter.

After netting out the effect of price changes, Hong Kong's GNI increased 0.8% in real terms compared to a year earlier, while the corresponding GDP grew 0.5%.

Total primary income inflow into Hong Kong - estimated at $478.2 billion and equivalent to 68.4% of GDP - was up 4.1% compared to the previous year.

Total primary income outflow - estimated at $417.2 billion and equivalent to 59.7% of GDP - increased 3.6% year-on-year.