Gross Domestic ProductTel. : (852) 3903 7005 Fax : (852) 3902 3045 E-mail : [email protected] 有關本地居民總收入的查詢，請聯絡：政府統計處國際收支平衡統計科

本地生產總值 Gross Domestic Product

2019 年第 4 季

Fourth Quarter 2019

香港特別行政區政府統計處 Census and Statistics Department

Hong Kong Special Administrative Region

有關按開支組成部分劃分的本地生產總值的查詢請聯絡政府統計處國民收入統計科（一）

地址香港灣仔港灣道 12 號灣仔政府大樓 22 樓

電話 (852) 2582 5077 圖文傳真 (852) 2157 9295 電郵 gdp-ecenstatdgovhk

Enquiries on GDP by expenditure component can be directed to

National Income Branch (1) Census and Statistics Department

Address 22F Wanchai Tower 12 Harbour Road Wan Chai Hong Kong

Tel (852) 2582 5077 Fax (852) 2157 9295 E-mail gdp-ecenstatdgovhk

有關按經濟活動劃分的本地生產總值的查詢請聯絡政府統計處國民收入統計科（二）

地址香港九龍協調道 3 號工業貿易大樓 10 樓

電話 (852) 3903 7005 圖文傳真 (852) 3902 3045 電郵 gdp-pcenstatdgovhk

Enquiries on GDP by economic activity can be directed to

Address 10F Trade and Industry Tower 3 Concorde Road Kowloon Hong Kong

Tel (852) 3903 7005 Fax (852) 3902 3045 E-mail gdp-pcenstatdgovhk

有關本地居民總收入的查詢請聯絡政府統計處國際收支平衡統計科（二）

電話 (852) 3903 7054 圖文傳真 (852) 2116 0370 電郵 gnicenstatdgovhk

Enquiries on GNI can be directed to

Balance of Payments Branch (2) Census and Statistics Department

Tel (852) 3903 7054 Fax (852) 2116 0370 E-mail gnicenstatdgovhk

政府統計處網站 Website of the Census and Statistics Department wwwcenstatdgovhk

2020 年 3 月出版 Published in March 2020

本刊物只備有下載版

This publication is available in download version only

Contents目錄

頁數 Page

GDP by major expenditure component

(a) At current market prices

(b) Year-on-year percentage change in nominal terms

(c) In chained (2017) dollars

(d) Year-on-year percentage change in real terms

Private consumption expenditure by component

Exports and imports of services by service component

1 General Observations概況 3

(A) GDP by Expenditure Component

Main tables

（甲）按開支組成部分劃分的本地生產總值

主要統計表

GDP implicit price deflator of GDP and per capita

本地生產總值本地生產總值內含平減物價指數及按人口平均計算的本地生產總值

Seasonally adjusted GDP in real terms and implicit price deflator of GDP - Percentage change over the preceding quarter

經季節性調整的實質本地生產總值及本地生

產總值內含平減物價指數

- 與對上季度比較的變動百分率

Component contribution to year-on-year rate of

change in real terms of GDP

各組成部分在本地生產總值的按年實質變動百分率中所佔的比率

按主要開支組成部分劃分的本地生產總值（甲）以當時市價計算（乙）以名義計算的按年變動百分率（丙）以2017年環比物量計算（丁）以實質計算的按年變動百分率

按組成部分劃分的私人消費開支（甲）以當時市價計算（乙）以名義計算的按年變動百分率（丙）以2017年環比物量計算（丁）以實質計算的按年變動百分率

按組成部分劃分的本地固定資本形成總額（甲）以當時市價計算（乙）以名義計算的按年變動百分率（丙）以2017年環比物量計算（丁）以實質計算的按年變動百分率

貨品出口及進口與服務輸出及輸入（甲）以當時市價計算（乙）以名義計算的按年變動百分率（丙）以2017年環比物量計算（丁）以實質計算的按年變動百分率

Table 1

Gross domestic fixed capital formation by component

Exports and imports of goods and services

Table 2

Table 3

Table 4

Table 5

Table 6

Table 7

2 統計表 2 Tables

按服務組成部分劃分的服務輸出及輸入（甲）以當時市價計算（乙）以名義計算的按年變動百分率（丙）以2017年環比物量計算（丁）以實質計算的按年變動百分率

Table 8

- 1 - Gross Domestic Product Fourth Quarter 2019

Census and Statistics Department Hong Kong Special Administrative Region

本地生產總值 2019年第4季

香港特別行政區政府統計處

按經濟活動劃分的本地生產總值

按主要經濟活動劃分的本地生產總值（以當時價格計算）

選定經濟活動的增加價值（以當時價格計算）

以環比物量計算按主要經濟活動劃分的本地生產總值

（甲）以2017年環比物量計算（乙）以實質計算的按年變動百分率

以環比物量計算選定經濟活動的增加價值

本地居民總收入按人口平均計算的本地居民總收入及本地居民可支配總收入（以當時市價計算）

按收入組成部分劃分的對外初次收入流量（以當時市價計算）

實質本地總收入實質本地居民總收入及按人口平均計算的實質本地居民總收

入（以2017年環比物量計算）

（乙）

表 11

表 12

表 13

表 14

表 15

表 17

表 16

本地居民總收入（丙）

3 註釋

(B) GDP by Economic Activity

GDP by major economic activity at current prices

Value added of selected economic activities at

current prices

Chain volume measures of GDP by major economic

activity

(a) In chained (2017) dollars

(b) Year-on-year percentage change in real terms

Chain volume measures of value added of selected

economic activities

Gross National Income (GNI) per capita GNI and

Gross National Disposable Income (GNDI) at

current market prices

(C) Gross National Income

External primary income flows (EPIF) by income

component at current market prices

Real Gross Domestic Income real Gross National

Income (RGNI) and per capita RGNI in chained

(2017) dollars

3 Explanatory Notes

Table 13

Table 14

Table 15

Table 16

Table 17

Table 11

Table 12

補充統計表 Supplementary tables

根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製的貨品出口及進口與服務輸出及輸入（甲）以當時市價計算（乙）以2017年環比物量計算

Exports and imports of goods and services based on the

standards stipulated in the System of National Accounts

2008 other than the change of ownership principle

(b) In chained (2017) dollars

Table 9表 9

根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製的服務輸出及輸入（按服務組成部分劃分）（甲）以當時市價計算（乙）以2017年環比物量計算

Exports and imports of services by service component based

on the standards stipulated in the System of National

Accounts 2008 other than the change of ownership principle

Table 10表 10

特別備註 Special Remark

自2020年第1季的統計期開始政府統計處將會停止

編製及發布根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）的貨品出口及進口與服

務輸出及輸入相關數字 (即表9和表10)

The Census and Statistics Department will discontinue the

compilation and publication of exports and imports of goods

and services based on the standards stipulated in the System of

National Accounts 2008 other than the change of ownership

principle (ie Tables 9 and 10) starting from the reference

period of the first quarter of 2020

概況 General Observations 2019年第 4季及全年按開支組成部分劃分

的本地生產總值 GDP by expenditure component for the fourth

quarter and the whole year of 2019

本地生產總值在 2019年第 4季較上年同期

實質下跌 29而第 3季的跌幅為 28 2019年全年與2018年比較本地生產總值實質下跌

In the fourth quarter of 2019 the Gross Domestic Product (GDP) decreased by 29 in real terms from a year earlier compared with the decrease of 28 in the third quarter For 2019 as a whole GDP decreased by 12 in real terms from 2018

經季節性調整而作相連季度比較的本地生

產總值在 2019 年第 4 季較第 3 季實質下跌

On a seasonally adjusted quarter-to-quarter comparison basis GDP decreased by 03 in real terms in the fourth quarter of 2019 when compared with the third quarter

按本地生產總值各個主要組成部分分析

私人消費開支在 2019年第 4季與上年同期比較

實質下跌 29而第 3季的跌幅為 33 2019年全年與2018年比較私人消費開支實質下跌

Analysed by major GDP component private consumption expenditure (PCE) decreased by 29 in real terms in the fourth quarter of 2019 from a year earlier compared with the 33 decline in the third quarter For 2019 as a whole PCE decreased by 11 in real terms from 2018

按國民經濟核算定義計算的政府消費開

支繼2019年第3季上升59後在第4季與上

年同期比較實質上升602019年全年與2018年比較政府消費開支實質上升51

Government consumption expenditure (GCE) measured in national accounts terms grew by 60 in real terms in the fourth quarter of 2019 over a year earlier after the increase of 59 in the third quarter For 2019 as a whole GCE increased by 51 in real terms over 2018

本地固定資本形成總額在2019年第4季與

上年同期比較實質顯著下跌167而第3季的

跌幅為 152 2019年全年與 2018年比較本

地固定資本形成總額實質下跌123

Gross domestic fixed capital formation (GDFCF) decreased significantly by 167 in real terms in the fourth quarter of 2019 from a year earlier compared with the decrease of 152 in the third quarter For 2019 as a whole GDFCF decreased by 123 in real terms from 2018

本地固定資本形成總額中投放在機器

設備及知識產權產品的開支在 2019年第 4季與

上年同期比較實質大幅下跌 322較第 3季264的跌幅為大

Within the total GDFCF expenditure on machinery equipment and intellectual property products decreased notably by 322 in real terms in the fourth quarter of 2019 from a year earlier larger than the decline of 264 in the third quarter

另一方面本地固定資本形成總額內的樓

宇及建造開支繼 2019年第 3季下跌 37後在

第 4季較上年同期實質下跌 62在這類別

內私營及公營部門的樓宇及建造開支在2019年第4季分別實質下跌74及38

On the other hand expenditure on building and construction in GDFCF dropped by 62 in real terms in the fourth quarter of 2019 from a year earlier after the decline of 37 in the third quarter Within this category expenditure on building and construction in respect of private and public sectors decreased by 74 and 38 respectively in real terms in the fourth quarter of 2019

同期貨品出口總額與上年同期比較錄得

27的實質跌幅而 2019年第 3季的跌幅為

69 貨品進口在 2019 年第 4 季實質下跌

73而第3季的跌幅為1102019年全年與

2018年比較貨品出口總額及貨品進口分別錄

得47及74的實質跌幅

Over the same period total exports of goods recorded a decline of 27 in real terms from a year earlier compared with the decrease of 69 in the third quarter of 2019 Imports of goods dropped by 73 in real terms in the fourth quarter of 2019 compared with the decline of 110 in the third quarter For 2019 as a whole total exports of goods and imports of goods recorded decreases of 47 and 74 respectively in real terms from 2018

服務輸出在 2019年第 4季與上年同期比較

實質下跌 247較第 3季 144的跌幅加劇

服務輸入在2019年第4季實質下跌49而第3季的跌幅為442019年全年與2018年比較

服務輸出及服務輸入分別錄得 104及 23的

實質跌幅

Exports of services fell by 247 in real terms in the fourth quarter of 2019 from a year earlier deteriorating from the drop of 144 in the third quarter Imports of services decreased by 49 in real terms in the fourth quarter of 2019 compared with the decrease of 44 in the third quarter For 2019 as a whole exports of services and imports of services recorded decreased by 104 and 23 respectively in real terms from 2018

用作概括量度整體通貨膨脹的本地生產總

值內含平減物價指數在 2019年第 4季較上年

同期上升 17而第 3季的升幅為 23 2019年全年與2018年比較本地生產總值內含平減

物價指數上升24

The implicit price deflator (IPD) of GDP as a broad measure of overall inflation in the economy increased by 17 in the fourth quarter of 2019 over a year earlier compared with the increase of 23 in the third quarter For 2019 as a whole the IPD of GDP increased by 24 over 2018

與上一期季刊發布的數字比較經納入最

新資料後2018年全年本地生產總值按年實質

升幅由 30修訂至 29至於 2019年第 1季和第 3季的本地生產總值按年實質變動率分別

由06修訂至07及由 -29修訂至 -28而

第 2季的按年實質升幅則維持不變至於與在

2020年2月3日公布的預先估計數字比較2019年第 4季的本地生產總值按年實質變動率維持

29的跌幅而經季節性調整作相連季度比較

的實質跌幅則由04修訂至03

As compared with the figures published in the last quarterly report after incorporation of the latest information available the year-on-year growth rate of GDP in real terms in the whole year of 2018 was revised from 30 to 29 For 2019 the year-on-year rates of change of GDP in real terms for the first and third quarters were revised from 06 to 07 and -29 to -28 respectively while that for the second quarter remained unchanged As compared with the advance estimates released on 3 February 2020 the year-on-year rate of change of GDP in real terms for the fourth quarter of 2019 remained at the decrease of 29 whereas on a seasonally adjusted quarter-to-quarter comparison basis the decrease in real terms was revised from 04 to 03

2019年第 3季按經濟活動劃分的本地生產

總值 GDP by economic activity for the third quarter of

在 2019年 12月下旬已發布的 2019年第 3季以環比物量計算按經濟活動劃分的本地生

產總值初步數字在獲得更多數據後已作出修

The preliminary figures of chain volume measures of GDP by economic activity for the third quarter of 2019 which had already been released in late December 2019 were subsequently revised as more data became available

修訂數字顯示所有服務活動合計的淨產

值在 2019年第 3季實質下跌 17而第 2季則

上升 12

The revised figures showed that net output in respect of all the services activities taken together decreased by 17 in real terms in the third quarter of 2019 from a year earlier as against the growth of 12 in the second quarter of 2019

按組成服務行業分析及與上年同期比

較進出口貿易批發及零售業的淨產值繼

2019年第 2季與上年同期比較實質下跌 37後在第 3季下跌 100隨着環球經濟放緩

及美國與內地貿易摩擦升溫對外商品貿易數

字跌幅擴大以及零售業市道繼續轉差令該

行業在季內進一步下跌

Analysed by constituent services sector and on a year-on-year comparison net output in the import and export wholesale and retail trades sector dropped by 100 in real terms in the third quarter of 2019 from a year earlier after the decrease of 37 in the second quarter Enlarged decline in external merchandise trade amid a slowing global economy and intensified US-Mainland trade tensions as well as further deterioration in retail sales led to a further decline in this sector during the quarter

金融及保險業的淨產值在2019年第3季與上年同期比較實質上升 33而第2季的升

幅為 31銀行業在季內表現穩健為該行

業的持續增長帶來支持

Net output in the financing and insurance sector increased by 33 in real terms in the third quarter of 2019 over a year earlier compared with the 31 rise in the second quarter The resilient performance of the banking sector during the quarter rendered support to the continued growth in this sector

住宿服務（包括酒店賓館旅舍及其

他提供短期住宿服務的機構單位）及膳食服務

業的淨產值繼2019年第 2季與上年同期比較

實質下跌 13後在第3季下跌 138

Net output in the accommodation services (covering hotels guesthouses boarding houses and other establishments providing short term accommodation) and food services sector dropped by 138 in real terms in the third quarter of 2019 from a year earlier following the decrease of 13 in the second quarter

運輸倉庫郵政及速遞服務業的淨產

值在 2019年第3季與上年同期比較實質下跌

22而第2季則上升 19

Net output in the transportation storage postal and courier services sector decreased by 22 in real terms in the third quarter of 2019 from a year earlier as against the increase of 19 in the second quarter

資訊及通訊業的淨產值在2019年第3季與上年同期比較實質上升 55而第2季的升

幅為 57

Net output in the information and communications sector increased by 55 in real terms in the third quarter of 2019 over a year earlier compared with the 57 rise in the second quarter

地產專業及商用服務業的淨產值在

2019年第 3季與上年同期比較錄得 04的實

質升幅而第 2季的升幅為 20

Net output in the real estate professional and business services sector recorded an increase of 04 in real terms in the third quarter of 2019 over a year earlier compared with the growth of 20 in the second quarter

公共行政社會及個人服務業的淨產

值在 2019年第3季與上年同期比較實質上升

20而第2季的升幅為36

Net output in the public administration social and personal services sector rose by 20 in real terms in the third quarter of 2019 over a year earlier compared with the growth of 36 in the second quarter

就服務行業以外的其他行業而言本地

製造業的淨產值在2019年第3季與上年同期

比較實質上升 05與第 2季 04的升幅相

As for sectors other than the services sectors net output in the local manufacturing sector rose by 05 in real terms in the third quarter of 2019 over a year earlier similar to the growth of 04 in the second quarter

電力燃氣和自來水供應及廢棄物管理

業的淨產值在2019年第 3季與上年同期比較

實質上升 17而第2季則下跌 11

Net output in the electricity gas and water supply and waste management sector increased by 17 in real terms in the third quarter of 2019 over a year earlier as against the decrease of 11 in the second quarter

建造業的淨產值繼2019年第2季與上年

同期比較實質下跌 108後在第 3季下跌

Net output in the construction sector decreased by 31 in real terms in the third quarter of 2019 from a year earlier after the decrease of 108 in the second quarter

2018年按經濟活動劃分的本地生產總值（以當時價格計算）

GDP by economic activity at current prices for 2018

以當時價格計算按經濟活動劃分的本地

生產總值統計數字主要是根據按年經濟統計

調查所得的數據編製而成於分析不同經濟活

動對整體本地生產總值的貢獻十分有用

Statistics on GDP by economic activity at current prices which are compiled mainly based on data collected from the annual economic surveys are useful for analysis of the contribution of different economic activities to the total GDP

2018年以當時價格計算按經濟活動劃分

的本地生產總值修訂數字顯示進出口貿易

批發及零售業佔本地生產總值最大比重

（ 214）其次是金融及保險業（197）和

公共行政社會及個人服務業（ 184）

The revised figures of GDP by economic activity at current prices for 2018 showed that the import and export wholesale and retail trades sector accounted for the largest share (214) of the GDP followed by the financing and insurance sector (197) and the public administration social and personal services sector (184)

2019年第3季的本地居民總收入 GNI for the third quarter of 2019

在 2019年 12月中旬發布的 2019年第 3季的

本地居民總收入初步數字亦根據修訂後的本

地生產總值作出相應修訂

The preliminary figures of Gross National Income (GNI) for the third quarter of 2019 which were released in mid-December 2019 were also revised accordingly based on the revised GDP estimates

在 2019年第 3季以當時市價計算的本地

居民總收入較上年同期下跌 06至 7608億元而 2019年第 2季的升幅為 39

In the third quarter of 2019 GNI decreased by 06 from a year earlier to $7608 billion at current market prices compared with the 39 increase in the second quarter of 2019

以當時市價計算 2019年第 3季的本地居

民總收入較本地生產總值多出 413億元顯示

有相等數額的對外初次收入淨流入相當於該

季本地生產總值的 57

Measured at current market prices the value of GNI was larger than GDP by $413 billion in the third quarter of 2019 representing a net external primary income inflow of the same amount and equivalent to 57 of GDP in that quarter

扣除價格變動的影響後 2019年第 3季的

實質本地居民總收入較上年同期下跌 34 After netting out the effect of price changes real GNI

decreased by 34 in the third quarter of 2019 from a year earlier

2019年第 3季的香港初次收入總流入較上

年同期上升 01至4400億元相當於該季本地

生產總值的 612就初次收入總流入的主要

組成部分而言直接投資收益及儲備資產收益

分別較上年同期上升 28及 85證券投資收

益及其他投資收益則分別較上年同期下跌

54及68

Total primary income inflow into Hong Kong estimated at $4400 billion in the third quarter of 2019 and equivalent to 612 of GDP in that quarter increased by 01 over a year earlier As for the major components of total primary income inflow direct investment income (DII) and income on reserve assets increased by 28 and 85 respectively over a year earlier Portfolio investment income (PII) and other investment income (OII) decreased by 54 and 68 respectively from a year earlier

2019年第 3季的初次收入總流出較上年同

期上升 03至3987億元相當於該季本地生產

總值的 554就初次收入總流出的主要組成

部分而言直接投資收益較上年同期上升

15證券投資收益及其他投資收益則分別較

上年同期下跌 05及70

Total primary income outflow estimated at $3987 billion in the third quarter of 2019 and equivalent to 554 of GDP in that quarter increased by 03 over a year earlier Regarding the major components of total primary income outflow DII increased by 15 over a year earlier PII and OII decreased by 05 and 70 respectively from a year earlier

把總流入和總流出一併計算 2019年第 3季的對外初次收入淨流入為 413億元而 2019年第 2季的收入淨流入為610億元

Taking the inflow and outflow together a net external primary income inflow of $413 billion was recorded in the third quarter of 2019 compared with the net income inflow of $610 billion in the second quarter of 2019

本地生產總值的實質變動百分率 Percentage change in GDP in real terms

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

本地生產總值原來數列與上年同期比較的實質變動百分率

Year-on-year change in the original GDP series

經季節性調整本地生產總值數列與對上季度比較的實質變動百分率

Quarter-to-quarter change in the seasonally adjusted GDP series

2010 2011 2012 2013 20152014 2016 2017 2018 2019

消費與投資 Consumption and investment

註釋經季節性調整的本地固定資本形成總額數列並無製備因為該開支組成部分並無顯示明顯的季節性模式

Note Seasonally adjusted figures are not compiled for gross domestic fixed capital formation as no clear seasonal pattern is displayed in this expenditure component

原來數列與上年同期比較的實質變動百分率

Year-on-year change in the original series

經季節性調整數列與對上季度比較的實質變動百分率

Quarter-to-quarter change in the seasonally adjusted series

2010 2011 2012 2013 20152014 2016 2017 2018 2019

原來數列與上年同期比較的實質變動百分率Year-on-year change in the original series

2010 2011 2012 2013 20152014 2016 2017 2018 2019

私人消費開支的實質變動百分率 Percentage change in private consumption expenditure in real terms

本地固定資本形成總額的實質變動百分率 Percentage change in gross domestic fixed capital formation in real terms

貨品與服務貿易 Trade in goods and services

-28-24-20-16-12

-8-4048

1216202428

經季節性調整數列與對上季度比較的實質變動百分率Quarter-to-quarter change in the seasonally adjusted series

2010 2011 2012 2013 20152014 2016 2017 2018 2019

貨品出口（離岸價）的實質變動百分率 Percentage change in exports of goods (fob) in real terms

服務輸出的實質變動百分率 Percentage change in exports of services in real terms

數列是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成的

Series are compiled based on the change of ownership principle in recording goods sent abroad for processing and merchanting under the standards stipulated in the System of National Accounts 2008

2010 2011 2012 2013 20152014 2016 2017 2018 2019

貨品進口（離岸價）的實質變動百分率 Percentage change in imports of goods (fob) in real terms

服務輸入的實質變動百分率 Percentage change in imports of services in real terms

表 1 本地生產總值本地生產總值內含平減物價指數及按人口平均計算的本地生產總值

Table 1 GDP implicit price deflator of GDP and per capita GDP

本地生產總值

－以當時市價計算

at current

market prices

（百萬港元）

(HK$ million)QuarterYear

本地生產總值

－以2017年內含平減

本地生產總值按人口平均計算的按人口平均計算的

本地生產總值

－以2017年環比物量計算

Per capita GDP

in chained (2017)

dollars

（港元）季

本地生產總值

Per capita GDP

at current

market prices

（港元）

Implicit price

deflator of GDP

(Year 2017=100)

物價指數環比物量計算

in chained (2017)

dollars

（百萬港元）

(HK$ million)

(2017年=100)

(60)1776332 (68)2168744 (63)(71)2010 819 (03) 252887 308753

(41)1934430 (48)2273162 (82)(89)2011 851 (39) 273549 321449(06)2037059 (17)2311812 (41)(53)2012 881 (35) 284899 323326(27)2138305 (31)2383514 (45)(50)2013 897 (18) 297860 332017(20)2260005 (28)2449356 (50)(57)2014 923 (29) 312609 338800(15)2398280 (24)2507842 (52)(61)2015 956 (36) 328924 343950

(15)2490438 (22)2562249 (32)(38)2016 972 (16) 339454 349242(30)2659384 (38)2659384 (60)(68)2017 1000 (29) 359780 359780(20)2835131 (29)2735484 (58)(66)2018

r 1036 (36) 380503 367130(-19)2868171 (-12)2702979 (04)(12)2019

r 1061 (24) 382046 360042

12014 535907 (52) 592846 (30) 904 (21) - -

2 526194 (69) 578729 (22) 909 (46) - -

3 580793 (54) 623998 (32) 931 (21) - -

4 617111 (54) 653783 (26) 944 (27) - -

12015 572160 (68) 606798 (24) 943 (43) - -

2 565750 (75) 596616 (31) 948 (43) - -

3 614251 (58) 638223 (23) 962 (34) - -

4 646119 (47) 666205 (19) 970 (27) - -

12016 590556 (32) 613756 (11) 962 (20) - -

2 585135 (34) 607375 (18) 963 (16) - -

3 636333 (36) 652603 (23) 975 (13) - -

4 678414 (50) 688515 (33) 985 (16) - -

12017 631418 (69) 641112 (45) 985 (24) - -

2 628277 (74) 630852 (39) 996 (34) - -

3 679352 (68) 675269 (35) 1006 (32) - -

4 720337 (62) 712151 (34) 1011 (27) - -

12018 684555 (84) 670194 (45) 1021 (37) - -r

2 673777 (72) 652116 (34) 1033 (37) - -r

3 723248 (65) 692935 (26) 1044 (37) - -r

4 753551 (46) 720239 (11) 1046 (34) - -r

12019 708442 (35) 674999 (07) 1050 (28) - -r

2 695852 (33) 654602 (04) 1063 (29) - -r

3 719521 (-05) 673762 (-28) 1068 (23) - -r

4 744356 (-12) 699616 (-29) 1064 (17) - -r

- Not applicable不適用-

括號內數字表示按年變動百分率 Figures in brackets refer to year-on-year percentage change

Please see paragraph 3 of the explanatory notes請參閱註釋第3段

rr ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory

notes for details「修訂數字」詳情請參閱註釋第26及30段

表 2 經季節性調整的實質本地生產總值

及本地生產總值內含平減物價指數

- 與對上季度比較的變動百分率 -

Table 2 Seasonally adjusted GDP in real termsand implicit price deflator of GDP

- Percentage change over the preceding quarter -

Imports of

services

Exports of

services

本地生產總值內含平減物價指數

政府消費開支

私人消費開支

本地生產總值

Implicit price

deflator of GDPQuarter

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditureYear

貨品出口（離岸價）

貨品進口（離岸價）服務輸出服務輸入

Exports of

0519 22484927101012010-2317 566110114120922209 -15033901091830316 -08-22-03-44-04374

1927 0792139913131201111-04 -07-3121-49sect2820602 -07-0420-16091530305 -0110-071111034

1602 481807191511120120406 -28131013030421308 sect29-0723081430411 1022251907114

-0308 -08410837052712013-0804 -300654-0214-0123106 0126-292301-0730509 3114291504224

-0509 -59-2105-2607061201412-02 3111-192112-0220915 -030105-03142331104 070815-0804124

1106 23-1711sect1116120151006 19-28sect-30061820305 -01-06-190705-0430501 0617-251511-044

03-03 18-42-16-331107120160315 -2241-0139090320311 13171707061431011 1533043507164

0706 041007150205120171009 1302-11-01112220408 -17182910161830711 08290922-02174

1515 41144716162812018 r

09-01 -2201-280114-062 r

0601 0328sect0705043 r

05-03 03-4812-2815-014 r

0609 04-2210-17100812019 r

09-04 04-26-36-1608012 r

02-30 -57-20-134-1226-413 r

sect-03 sect-05-1101916054 r

「修訂數字」詳情請參閱註釋第26及30段r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for detailsr

變動在 plusmn005之內sect Change within plusmn005sect

請參閱註釋第34至37段 Please see paragraphs 34 to 37 of the explanatory notes for details

數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成

的有關詳情請參閱註釋第7(v)-7(vi)段

Figures are compiled based on the change of ownership principle in recording goods sent abroad for processing and merchanting under the standards stipulated in the System of National Accounts 2008 For details please see paragraphs 7(v)-7(vi) of the explanatory notes

表 3 各組成部分在本地生產總值的按年實質變動百分率中所佔的比率

Table 3 Component contribution to year-on-year rate of change in real terms of GDP

貨品進口（離岸價）服務輸入服務輸出季

政府消費開支

私人消費開支

貨品出口（離岸價）年

本地生產總值

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditure

Exports of

services

Imports of

servicesYear Quarter

存貨增減本地固定資本形成總額

Changes

inventories

domestic

capital

formation變動百分率

change百分點

point百分點

-28268 46267091603372010 -29

-11248 2079-152202522011 01

-8217 1058-081603262012 -07

-18431 22146010702302013 06

-2928 061504sect03222014 06

5024 01-30-12-0703322015 -13

-1222 -122509sect03132016 -05

-11738 08101050703362017 -05

-7829 1455sect0404362018r -06

125-12 -32-75-06-2605-082019r 05

12014 30 15 03 11 -01 17 24 -50 12

2 22 15 02 -16 27 47 -08 -44 -01

3 32 30 03 -06 -07 03 07 -01 03

4 26 27 03 09 -01 -02 02 -21 09

12015 24 33 04 10 -20 10 05 -04 -15

2 31 49 03 07 -25 -72 10 69 -12

3 23 28 03 -17 -06 -55 03 79 -12

4 19 18 03 -27 01 -07 -12 55 -12

12016 11 11 03 -17 05 -58 -21 99 -10

2 18 01 04 -14 19 37 -21 -06 -01

3 23 13 03 15 12 38 -10 -46 -02

4 33 27 03 13 01 79 03 -86 -06

12017 45 25 02 13 11 144 09 -157 -02

2 39 40 03 15 02 90 05 -104 -12

3 35 39 04 -06 -01 104 09 -111 -04

4 34 41 03 06 07 69 10 -100 -02

12018r 45 58 04 10 -10 74 24 -105 -10

2r 34 41 04 03 03 72 16 -103 -02

3r 26 29 03 16 19 82 08 -125 -07

4r 11 17 05 -14 -10 -02 09 13 -06

12019r 07 04 05 -11 -04 -56 -01 68 02

2r 04 09 04 -26 -07 -85 -04 117 -04

3r -28 -22 06 -33 -21 -116 -44 192 10

4r -29 -19 06 -35 06 -43 -75 120 11

ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for

details

r「修訂數字」詳情請參閱註釋第26及30段r

所佔比率在 plusmn005個百分點之內 sect Contribution within plusmn005 pointsect

由於進位關係個別項目的數字加起來未必與總數相等 Individual figures may not add up to total due to rounding

(a) At current market pricesHK$ million百萬港元

（甲）以當時巿價計算

Table 4 GDP by major expenditure component

表 4 按主要開支組成部分劃分的本地生產總值

政府消費開支

私人消費開支

本地生產總值

Quarter

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditure

Exports of

services

Imports of

servicesYear

Changes

inventories

domestic

capital

formation

29959281776332 62571930214923752238685215737110902342010 546930

34649681934430 71071634067651173945529416851712244022011 57803537796862037059 7640263632957-366251741118531013149692012 59426641426512138305 8126403926059-167351551619857214130582013 58321642377002260005 8290853986769747353091621421615027682014 57352240665272398280 8089483889225-2058053720523126315930912015 574345

40225792490438 764660389288644753521624797316499412016 57810643913062659384 81129542127741097357597726144717841482017 60592447063472835131 88688344533501120461245128141319361242018 r 63994744152702868171 7939214291269-465354705530905419658802019 r 619085

12014 535907 362196 54332 119571 5688 891867 213209 975252 135704

2 526194 375516 51354 126517 5997 964535 192319 1052850 137194

3 580793 367181 53890 129919 -4506 1058095 211453 1086679 148560

4 617111 397875 54640 154909 294 1072272 212104 1122919 152064

12015 572160 387482 59157 130845 -6241 904070 213111 978535 137729

2 565750 406647 55532 136291 -8384 929538 193270 1008874 138270

3 614251 385960 57877 127138 -7589 1013576 203959 1019768 146902

4 646119 413002 58697 142931 1634 1042041 198608 1059350 151444

12016 590556 397799 63266 120038 -2722 846802 193243 888896 138974

2 585135 412757 59731 127079 1838 928231 176579 984529 136551

3 636333 401995 62184 135306 105 1023161 195158 1033113 148463

4 678414 437390 62792 152793 1226 1094692 199680 1116041 154118

12017 631418 420114 67340 133228 3726 945336 202918 999932 141312

2 628277 445998 62860 143566 1291 995555 184750 1061481 144262

3 679352 439489 65530 137264 243 1106850 207604 1121315 156313

4 720337 478547 65717 161919 5713 1165033 216023 1208578 164037

12018r 684555 474422 71515 144092 -2902 1018775 229005 1093412 156940

2r 673777 488026 67644 152286 2457 1066721 205098 1155683 152772

3r 723248 472013 70417 157276 14128 1184740 223481 1236029 162778

4r 753551 501663 71837 158797 -2479 1183114 229299 1221223 167457

12019r 708442 486530 77799 138331 -5607 998562 229934 1064767 152340

2r 695852 507175 73496 138381 -1521 1023952 202921 1095886 152666

3r 719521 470425 78051 135810 -694 1114279 189973 1114117 154206

4r 744356 501750 79708 134533 3169 1154476 171093 1140500 159873

「修訂數字」詳情請參閱註釋第26及30段r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for

details

數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成的有關

詳情請參閱註釋第7(v)-7(vi)段

Figures are compiled based on the change of ownership principle in

recording goods sent abroad for processing and merchanting under the

standards stipulated in the System of National Accounts 2008 For

details please see paragraphs 7(v)-7(vi) of the explanatory notes

（乙）以名義計算的按年變動百分率

政府消費開支

私人消費開支

本地生產總值

Quarter

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditure

Exports of

services

Imports of

servicesYear

本地固定資本形成總額

domestic

capital

formation

15571 27424823113932762010

5789 157136128177711232011

2853 917566136100742012

-1950 966481-0472752013

-1757 2320153079632014

0161 -40-24-241280602015

0738 -11-5501-0472362016

4868 9261827654812017

5666 7293576376852018 r

-3312 -62-105-36-10798152019 r

12014 46 65 12 08 64 21 -4452

2 57 79 -21 25 -17 18 2169

3 82 85 23 20 32 26 0954

4 69 87 98 09 01 27 -4754

12015 70 89 94 14 sect 03 1568

2 83 81 77 -36 05 -42 0875

3 51 74 -21 -42 -35 -62 -1158

4 38 74 -77 -28 -64 -57 -0447

12016 27 69 -83 -63 -93 -92 0932

2 15 76 -68 -01 -86 -24 -1234

3 42 74 64 09 -43 13 1136

4 59 70 69 51 05 54 1850

12017 56 64 110 116 50 125 1769

2 81 52 130 73 46 78 5674

3 93 54 14 82 64 85 5368

4 94 47 60 64 82 83 6462

12018 129 62 82 78 129 93 11184r

2 94 76 61 71 110 89 5972r

3 74 75 146 70 76 102 4165r

4 48 93 -19 16 61 10 2146r

12019 26 88 -40 -20 04 -26 -2935r

2 39 87 -91 -40 -11 -52 -0133r

3 -03 108 -136 -59 -150 -99 -53-05r

4 sect 110 -153 -24 -254 -66 -45-12r

details

（丙）以2017年環比物量計算

(c) In chained (2017) dollars 百萬港元HK$ million

政府消費開支

私人消費開支

本地生產總值

Quarter

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditure

Exports of

services

Imports of

servicesYear

Changes

inventories

domestic

capital

formation

33568942168744 69794033618245254147891121159012974522010 567769

35805792273162 73744835175201488652790321678214063442011 566594

37443942311812 7575303633791-365156373522450014640422012 579261

41158052383514 8026173932153-127657818923057215316792013 566936

41764982449356 8155783965176846557753223763815828332014 554695

40648512507842 8183073896735-2161655915724577416581992015 582169

40936312562249 789504395746047555852325423116912912016 593802

43913062659384 81129542127741097357597726144717841482017 605924

45987282735484 84883843587841208558572727265318785882018 r 622463

42576332702979 7608624154817-490051365428647818579942019 r 608293

12014 592846 384956 61873 129999 6000 900718 209633 968512 130513

2 578729 393942 56627 140123 6886 963387 189939 1034673 132698

3 623998 385559 59471 143160 -4980 1046393 207029 1068448 145370

4 653783 418376 59667 164250 559 1054678 208977 1104865 146114

12015 606798 403879 64350 135842 -6329 906199 212444 970552 138391

2 596616 421656 58688 144286 -8760 925267 195374 998227 138864

3 638223 402699 61126 132714 -8095 1014874 208571 1023707 151850

4 666205 429965 61610 146315 1568 1050395 201918 1072365 153064

12016 613756 410335 66396 125326 -3203 872352 200325 912983 144455

2 607375 422409 60891 136008 1363 946257 183049 1001764 139304

3 652603 410975 63293 142173 426 1038138 202584 1052043 153280

4 688515 447572 63651 155016 1889 1100713 203546 1126841 156763

12017 641112 425508 67922 133138 3359 959463 206125 1008582 145865

2 630852 446589 62527 145364 1437 1000282 185960 1064520 146322

3 675269 436362 65576 138066 466 1105459 208453 1123458 155621

4 712151 475689 65422 159409 5711 1147570 210757 1194746 158116

12018 670194 462475 70748 139579 -2924 1006700 221576 1075601 152359r

2 652116 472290 65350 147417 2625 1045737 196012 1129530 147785r

3 692935 456109 67795 149185 13522 1160499 213777 1207814 160138r

4 720239 487714 68760 149546 -1138 1145848 217473 1185783 162181r

12019 674999 465350 73915 132017 -5470 969401 220639 1030147 150706r

2 654602 478009 67872 130566 -1634 990053 193542 1053537 150269r

3 673762 440905 71802 126499 -1145 1080192 182987 1074447 153031r

4 699616 473730 72889 124572 3349 1115171 163694 1099502 154287r

A discrepancy may exist between the volume estimate of an aggregate and the sum of its components Non-additivity is a technical feature of the chain volume measures For details please see paragraph 16 of the explanatory notes

details

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」是環比物量計算的一個技術屬性有關詳情請參閱註釋

第16段

數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成的有關詳情請

參閱註釋第7(v)-7(vi)段

（丁）以實質計算的按年變動百分率

政府消費開支

私人消費開支

本地生產總值

Quarter

Domestic

Product

Private

consumption

expenditure

Government

consumption

expenditure

Exports of

services

Imports of

servicesYear

domestic

capital

formation

10068 1991531807734612010

-0248 675746102258420112217 4627336836412012

-2131 9960822627462013-2228 151608-01313320145024 -2703-17-3234482015

2022 07-3516-01342020162038 73286531285520172729 4746351743532018

-23-12 -74-104-47-12351-112019r

12014 22 25 51 10 61 27 -4330

2 22 26 -61 25 -20 22 0422

3 49 36 -25 01 18 01 -1232

4 42 35 37 -01 05 11 -3426

12015 49 40 45 06 13 02 6024

2 70 36 30 -40 29 -35 4631

3 44 28 -73 -30 07 -42 4523

4 28 33 -109 -04 -34 -29 4819

12016 16 32 -77 -37 -57 -59 4411

2 02 38 -57 23 -63 04 0318

3 21 35 71 23 -29 28 0923

4 41 33 59 48 08 51 2433

12017 37 23 62 100 29 105 1045

2 57 27 69 57 16 63 5039

3 62 36 -29 65 29 68 1535

4 63 28 28 43 35 60 0934

12018r 87 42 48 49 75 66 4545

2r 58 45 14 45 54 61 1034

3r 45 34 81 50 26 75 2926

4r 25 51 -62 -02 32 -08 2611

12019r 06 45 -54 -37 -04 -42 -1107

2r 12 39 -114 -53 -13 -67 1704

3r -33 59 -152 -69 -144 -110 -44-28

4r -29 60 -167 -27 -247 -73 -49-29

details

「修訂數字」詳情請參閱註釋第26及30段r r

Table 5 Private consumption expenditure by component

表 5 按組成部分劃分的私人消費開支（甲）以當時市價計算

百萬港元

HK$ million

Expenditure of

non-residents

in the domestic

market

Expenditure

of residents

abroadQuarter

Private

consumption

expenditure

Consumer

durablesYear Services

Consumption expenditure in the domestic market本地市場內的消費開支

Consumer

durablesSub-totalTotal

減非本地居民在本地市場的開支

本地居民在境外的開支服務食品合計

私人消費開支

非耐用品

消費品

小計

年季

耐用品

Consumer goods

105084656876229744117212346956156598116043010902342010 175280

114116704278300175150961451136179633133504712244022011 224761

121039754799333970167258501228197728145375513149692012 259825

128514817207385233173140558373212473158805314130582013 303509

134564880872384054175221559275227304166745115027682014 299247

142255939730382318175601557919236606173425515930912015 283419

149767988282380215154888535103235714175909916499412016 258925

1574561078456406305161096567401246581189243817841482017 265746

1656101170153448466187616636082259551206578619361242018 r 295272

1695841222826399204160250559454247682202996219658802019 r 233666

3125121355194208503951446035135240950636219612014 78561

342152203549372533485127210623424099063755162 68605

349062175709094938226129175572724040173671813 71742

3419222939710517253115158287563384440223978754 80339

3302022984895270510451463155432243048538748212015 76023

362002402229452137292131813651344371694066472 66722

369462292438968037687127367590944157043859603 66690

3608924041710284749577152424580564508974130024 73984

3723224031890442410461314885337842518439779912016 64617

361562477149253931098123637656684370194127572 60418

386002434938752036292123812579954253004019953 61905

3777925675710971446452156166586734715964373904 71985

3675425917595678396771353555518744971742011412017 66357

400262687799833830626128964682614660044459982 60032

408172675609425038899133149614544621634394893 63491

3985928294211803951894169933616795145544785474 75866

41361290091109122509871601095931450951447442212018 r 76453

4046529257511154337951149494733995154684880262r 67907

4188028736810381443133146947640124983274720133r 68194

4190430011912398755545179532628265424775016634r 82718

39968304012114046472061612526041152567548653012019 r 79113

4402931316711126435055146319727275322135071752r 69067

427222981818231335566117879585594746194704253r 46916

428653074669158142423134004559854974555017504r 38570

「修訂數字」詳情請參閱註釋第26及30段r r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes

for details

表 5 按組成部分劃分的私人消費開支（乙）以名義計算的按年變動百分率

Expenditure of

non-residents

in the domestic

market

Expenditure

of residents

abroadQuarter

Private

consumption

expenditure

Consumer

durablesSub-totalFoodTotal

非本地居民在本地市場的開支

私人消費開支

非耐用品

消費品

小計

年季

耐用品

Consumer goods

1096817126920378107762010 351

86723072883001471501232011 282

617211310811110189742012 156

6283153351147592752013 168

4778-0312027050632014 -14

5767-0502-024140602015 -53

5352-06-118-41-0414362016 -86

51916940604676812017 26

52851041651215392852018r 111

2445-110-146-120-46-17152019r -209

076860sect388960462014 1011

12373-74-74-74872457 -892

5286290622656282 -333

1084-149419395569 -284

57761113125851702015 -321

58900811436456783 -272

5854-14-14-14322951 -703

5548-22-67-37301538 -794

12846-51-196-101-17-12272016 -1501

-0131-21-166-6208sect15 -942

4562-24-37-28-192342 -723

476867-6325114659 -274

-137858-33293458562017 271

1078563-1543396681 -062

5799777275608793 263

551027611788519194 544

125119141285183751331292018r 1521

11891342391597510694r 1312

2674101109104427874r 743

5161507056195448r 904

-344845-74071832262019r 351

8870-03-76-21-093239r 172

2038-207-175-198-85-48-03r -3123

2324-261-236-254-109-83sectr -5344

「修訂數字」詳情請參閱註釋第26及30段r r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for

details

Change within plusmn005sect變動在 plusmn005之內sect

表 5 按組成部分劃分的私人消費開支

（丙）以2017年環比物量計算

HK$ million百萬港元

Expenditure of

non-residents

in the domestic

market

Expenditure

of residents

abroadQuarter

Private

consumption

expenditure

Consumer

私人消費開支

非耐用品

消費品

小計

年季

耐用品

Consumer goods

10727587184724856092271338732205552138885712974522010 200433

109277898177305430121909426806215200152936914063442011 232294

114326920725329443137967467946222940160683714640422012 255717

121718952297380095147470526641233209171500115316792013 299943

126495979800378081154534532539241354175525515828332014 295124

1430211010259380814163655545029245908180240216581992015 286065

1514041029810380182152218532420239701180168216912912016 261693

1574561078456406305161096567401246581189243817841482017 265746

1628041121427442536190452632988250453200486818785882018r 289084

1687621130770392416164864557280230419191846918579942019r 229237

2975024028393915437871382615468143479238495612014 77948

315662463189088529209119224661294298513939422 67129

323122417789003533709123394607644251403855593 71239

3286725142110324647829151660597804654724183764 78808

3320424677595159468771426515671744747140387912015 75898

357912588689281734680127219678834529254216562 67078

370882479039078935409126044611974346204026993 69039

3693825671310204946689149115601114673864299654 74050

3833625169991737401611320675412943795841033512016 65915

359262592729191230408122017670314474894224092 61046

383442534388832435632123974592624361624109753 63560

3879826540110820946017154362592794800734475724 71172

3801526226396977395841365745555645432042550812017 66787

400562700809775530242127891687834663874465892 59951

397832656909548438826134322614624613194363623 64760

3960228042311608952444168614607805104124756894 74248

40319279710108436516411600775755949734646247512018r 75190

3910328105010908138276147357710844994914722902r 66304

4109227396710352443801147325616794829714561093r 67954

4229028670012149556734178229601315250604877144r 79636

40166283444113234484831617175687450203546535012019r 76851

4355528892510921435810145024676795016284780092r 67174

420592740058085336658117511542454457614409053r 46915

429822843968911543913133028516214690454737304r 38297

「修訂數字」詳情請參閱註釋第26及30段r r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes

for details

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」是環比物量計算的一個技術屬性有關詳情請參閱註釋

第16段

表 5 按組成部分劃分的私人消費開支（丁）以實質計算的按年變動百分率

Expenditure of

non-residents

in the domestic

market

Expenditure

of residents

abroadQuarter

Private

consumption

expenditure

Consumer

私人消費開支

非耐用品

消費品

小計

年季

耐用品

Consumer goods

51521292861794386612010 255

193022932126047101842011 159

462579132963651412012 101

6534154691254667462013 173

3929-0548113523332014 -16

131310759231927482015 -31

5919-02-70-23-25sect202016 -85

40476958662950552017 15

3440891821161659532018 r 88

3708-113-134-120-80-43-112019 r -207

072569365648392212014 107

9624-85-58-7753-06222 -95

28362033243433493 -41

2930-13151380429424 -28

1162713713237294912015 -26

1345121187672754702 -01

148250850210722443 -31

12421-12-24-170604284 -60

15520-36-143-74-46-211612016 -132

0402-10-123-41-13-12022 -90

3422-2706-16-3204213 -79

503460-1435-1427414 -39

-084257-143426373712017 13

1154264-05482642572 -18

38488190833758623 19

215773140922563634 43

616711830517236958712018 r 126

-24411162661523371582 r 106

333184128970447453 r 49

6822478257-1129254 r 73

-041344-6110-12090612019 r 22

1142801-64-16-4804122 r 13

24sect-219-163-202-121-77-333 r -310

16-08-267-226-254-142-107-294 r -519

for details

sect Change within plusmn005sect變動在 plusmn005之內

表 6 按組成部分劃分的本地固定資本形成總額

（甲）以當時市價計算

Table 6 Gross domestic fixed capital formation by component

(a) At current market prices百萬港元

HK$ million

本地固定資本擁有權

年形成總額

轉讓費用

私營公營私營公營

Gross domestic 合計部門部門 Costs of 合計部門部門

fixed capital Private Public ownership Private Public

Year formation Total sector sector transfer Total sector sector

2010 386852 139249 91189 48060 38035 209568 192612 16956

2011 455294 179341 120054 59287 36099 239854 221716 18138

2012 517411 204860 133835 71025 34074 278477 258058 20419

2013 515516 211130 133072 78058 39389 264997 243614 21383

2014 530916 244047 155701 88346 43967 242902 219605 23297

2015 537205 262780 170103 92677 45846 228579 202976 25603

2016 535216 283447 188105 95342 44517 207252 179046 28206

2017 575977 297306 194605 102701 65810 212861 184724 28137

612451 308615 205470 103145 67482 236354 204968 31386

547055 294869 195669 99200 50021 202165 167114 35051

2014 1 119571 63635 36429 27206 7930 48006 41717 6289

2 126517 54801 38258 16543 9955 61761 56593 5168

3 129919 59561 39700 19861 13571 56787 51636 5151

4 154909 66050 41314 24736 12511 76348 69659 6689

2015 1 130845 63800 39353 24447 13524 53521 46398 7123

2 136291 65223 41901 23322 12527 58541 52975 5566

3 127138 65080 43967 21113 10727 51331 45200 6131

4 142931 68677 44882 23795 9068 65186 58403 6783

2016 1 120038 67627 44966 22661 6348 46063 38362 7701

2 127079 68575 44798 23777 9279 49225 43245 5980

3 135306 69148 47735 21413 12280 53878 47554 6324

4 152793 78097 50606 27491 16610 58086 49885 8201

2017 1 133228 75280 47912 27368 13863 44085 35282 8803

2 143566 72407 47164 25243 18388 52771 46997 5774

3 137264 71035 48575 22460 13575 52654 46099 6555

4 161919 78584 50954 27630 19984 63351 56346 7005

2018 1 r

144092 81474 50376 31098 17761 44857 35316 9541

152286 74530 50344 24186 22003 55753 49267 6486

157276 74545 51019 23526 15731 67000 59866 7134

158797 78066 53731 24335 11987 68744 60519 8225

2019 1 r

138331 79989 47398 32591 11031 47311 36675 10636

138381 68310 49849 18461 17801 52270 44914 7356

135810 72582 48395 24187 10664 52564 44381 8183

134533 73988 50027 23961 10525 50020 41144 8876

r 「修訂數字」詳情請參閱註釋第26及30段 r

樓宇及建造

Building and construction

機器設備及知識產權產品

Machinery equipment and

ldquo Revised figures rdquo please see paragraphs 26 and 30 of the

explanatory notes for details

Quarter

intellectual property products季

年形成總額轉讓費用

2010 139 125 -03 490 569 94 98 48

2011 177 288 317 234 -51 145 151 70

2012 136 142 115 198 -56 161 164 126

2013 -04 31 -06 99 156 -48 -56 47

2014 30 156 170 132 116 -83 -99 90

2015 12 77 92 49 43 -59 -76 99

2016 -04 79 106 29 -29 -93 -118 102

2017 76 49 35 77 478 27 32 -02

63 38 56 04 25 110 110 115

-107 -45 -48 -38 -259 -145 -185 117

2014 1 12 211 183 251 -332 -107 -123 15

2 -21 101 132 36 73 -119 -135 97

3 23 135 186 46 594 -140 -155 56

4 98 172 180 159 288 17 03 194

2015 1 94 03 80 -101 705 115 112 133

2 77 190 95 410 258 -52 -64 77

3 -21 93 107 63 -210 -96 -125 190

4 -77 40 86 -38 -275 -146 -162 14

2016 1 -83 60 143 -73 -531 -139 -173 81

2 -68 51 69 20 -259 -159 -184 74

3 64 63 86 14 145 50 52 31

4 69 137 128 155 832 -109 -146 209

2017 1 110 113 66 208 1184 -43 -80 143

2 130 56 53 62 982 72 87 -34

3 14 27 18 49 105 -23 -31 37

4 60 06 07 05 203 91 130 -146

2018 1 r

82 82 51 136 281 18 01 84

61 29 67 -42 197 57 48 123

146 49 50 47 159 272 299 88

-19 -07 55 -119 -400 85 74 174

2019 1 r

-40 -18 -59 48 -379 55 38 115

-91 -83 -10 -237 -191 -62 -88 134

-136 -26 -51 28 -322 -215 -259 147

-153 -52 -69 -15 -122 -272 -320 79

樓宇及建造

Quarter

intellectual property products

（丙）以

2017年環比物量計算

百萬港元

HK$ million

年形成總額

轉讓費用

2010 478911 212711 145124 68151 120125 188790 169680 19014

2011 527903 246094 167261 79416 94979 211926 192017 19381

2012 563735 263920 175313 89075 78047 233439 212162 20542

2013 578189 252665 159653 93112 56092 259916 236479 22564

2014 577532 276206 175758 100566 59973 237373 212746 24111

2015 559157 282346 181515 100936 55004 219125 192908 25979

2016 558523 298868 198062 100796 53404 205077 176276 28869

2017 575977 297306 194605 102701 65810 212861 184724 28137

585727 295707 196931 98776 58413 231607 201174 30433

513654 277649 185583 92066 50683 185322 153136 32186

2014 1 129999 73754 42519 31241 11320 45440 39017 6473

2 140123 61898 43050 18895 14096 62098 56517 5370

3 143160 66744 44078 22704 18373 57839 52187 5496

4 164250 73810 46111 27726 16184 71996 65025 6772

2015 1 135842 70336 43488 26889 16658 49369 42271 7125

2 144286 70392 44782 25640 14910 58158 52326 5691

3 132714 68846 46038 22819 12524 50808 44369 6409

4 146315 72772 47207 25588 10912 60790 53942 6754

2016 1 125326 73222 48869 24344 8175 43564 35914 7768

2 136008 73137 47850 25297 12038 50391 44197 6150

3 142173 72163 49728 22394 15343 54299 47661 6589

4 155016 80346 51615 28761 17848 56823 48504 8362

2017 1 133138 77355 49710 27649 15604 40779 32372 8526

2 145364 72918 47548 25371 18371 54253 48400 5800

3 138066 70230 47813 22410 12845 54415 47629 6770

4 159409 76803 49534 27271 18990 63414 56323 7041

2018 1 r

139579 79898 49779 30119 16396 43285 34045 9240

147417 72423 48907 23516 18097 56897 50572 6325

149185 70758 48341 22417 13001 65426 58429 6997

149546 72628 49904 22724 10919 65999 58128 7871

2019 1 r

132017 76514 45971 30543 13060 42443 32765 9678

130566 64866 47485 17381 15750 49950 43115 6835

126499 68168 45896 22272 10168 48163 40532 7631

124572 68101 46231 21870 11705 44766 36724 8042

Quarter

A discrepancy may exist between the volume estimate of an

aggregate and the sum of its components Non-additivity is a

technical feature of the chain volume measures For details

please see paragraph 16 of the explanatory notes第16段

整體物量估計與其組成部分相加的總和可能存在差額「不可相

加性」是環比物量計算的一個技術屬性有關詳情請參閱註釋

樓宇及建造

年形成總額

轉讓費用

2010 77 57 -81 448 272 65 66 55

2011 102 157 153 165 -209 123 132 19

2012 68 72 48 122 -178 102 105 60

2013 26 -43 -89 45 -281 113 115 98

2014 -01 93 101 80 69 -87 -100 69

2015 -32 22 33 04 -83 -77 -93 77

2016 -01 59 91 -01 -29 -64 -86 111

2017 31 -05 -17 19 232 38 48 -25

17 -05 12 -38 -112 88 89 82

-123 -61 -58 -68 -132 -200 -239 58

2014 1 51 148 127 184 -336 -37 -50 14

2 -61 42 65 -12 60 -129 -142 79

3 -25 79 121 06 525 -154 -168 43

4 37 99 94 108 181 -15 -27 142

2015 1 45 -46 23 -139 472 86 83 101

2 30 137 40 357 58 -63 -74 60

3 -73 31 44 05 -318 -122 -150 166

4 -109 -14 24 -77 -326 -156 -170 -03

2016 1 -77 41 124 -95 -509 -118 -150 90

2 -57 39 69 -13 -193 -134 -155 81

3 71 48 80 -19 225 69 74 28

4 59 104 93 124 636 -65 -101 238

2017 1 62 56 17 136 909 -64 -99 98

2 69 -03 -06 03 526 77 95 -57

3 -29 -27 -39 01 -163 02 -01 27

4 28 -44 -40 -52 64 116 161 -158

2018 1 r

48 33 01 89 51 61 52 84

14 -07 29 -73 -15 49 45 90

81 08 11 sect 12 202 227 33

-62 -54 07 -167 -425 41 32 118

2019 1 r

-54 -42 -76 14 -203 -19 -38 47

-114 -104 -29 -261 -130 -122 -147 81

-152 -37 -51 -06 -218 -264 -306 91

-167 -62 -74 -38 72 -322 -368 22

sect 變動在 plusmn005之內 sect Change within plusmn005

樓宇及建造

Quarter

Table 7 Exports and imports of goods and services

表 7 貨品出口及進口與服務輸出及輸入（甲）以當時市價計算

百萬港元HK$ million

Exports

imports of

goods and

services

Imports

servicesQuarter Total

Imports

of goods

(fob)Year

Exports of goods and services

貨品出口與服務輸出

Exports

services

Exports

of goods

貨品出口與服務輸出減貨品進口與服務輸入

服務輸入服務輸出貨品出口（離岸價）合計

貨品進口（離岸價）年季合計

貨品進口與服務輸入Imports of goods and services

10435354693029959283542858625719302149236472112010

7447857803534649684043003710716340676541174812011

2303159426637796864373952764026363295743969832012

1283258321641426514725867812640392605947386992013

463257352242377004811222829085398676948158542014

5730157434540665274640872808948388922546981732015

5686157810640225794600685764660389288646575462016

2683960592443913064997230811295421277450240692017

-606163994747063475346294886883445335053402332018 r

5083561908544152705034355793921429126950851902019 r

-5880135704975252111095621320989186711050762014 1

-331901371941052850119004419231996453511568542

3430914856010866791235239211453105809512695483

939315206411229191274983212104107227212843764

917137729978535111626421311190407011171812015 1

-243361382701008874114714419327092953811228082

5086514690210197681166670203959101357612175353

2985515144410593501210794198608104204112406494

12175138974888896102787019324384680210400452016 1

-16270136551984529112108017657992823111048102

3674314846310331131181576195158102316112183193

2421315411811160411270159199680109469212943724

7010141312999932114124420291894533611482542017 1

-254381442621061481120574318475099555511803052

3682615631311213151277628207604110685013144543

844116403712085781372615216023116503313810564

-257215694010934121250352229005101877512477802018 1 r

-3663615277211556831308455205098106672112718192 r

941416277812360291398807223481118474014082213 r

2373316745712212231388680229299118311414124134 r

113891523401064767121710722993499856212284962019 1 r

-2167915266610958861248552202921102395212268732 r

3592915420611141171268323189973111427913042523 r

2519615987311405001300373171093115447613255694 r

「修訂數字」詳情請參閱註釋第26及30段r r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for

details

表內載列的數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動

編製而成的有關詳情請參閱註釋第7(v)-7(vi)段

This table presents figures compiled based on the change of ownership

principle in recording goods sent abroad for processing and merchanting

under the standards stipulated in the System of National Accounts 2008

For details please see paragraphs 7(v)-7(vi) of the explanatory notes

表 7 貨品出口及進口與服務輸出及輸入

（乙）以名義計算的按年變動百分率

Imports

of goods

(fob)Year

Exports

services

Exports

of goods

1552742542482312342010

571571411361281292011

2891827566682012

-1996806481782013

-1723182015162014

01-40-35-24-24-242015

07-11-09-5501-092016

4892866182792017

5672709357632018 r

-33-62-58-105-36-482019 r

-44211264081812014

211819-1725182

0926243220223

-4727170109084

150305sect141112015

08-42-3605-36-292

-11-62-56-35-42-413

-04-57-50-64-28-344

09-92-79-93-63-6912016

-12-24-23-86-01-162

111313-4309013

1854490551434

171251105011610412017

5678764673682

5385816482793

6483818264674

1119396129788712018 r

59898511071782 r

41102957670713 r

2110126116234 r

-29-26-2704-20-1512019 r

-01-52-46-11-40-352 r

-53-99-93-150-59-743 r

-45-66-64-254-24-614 r

「修訂數字」詳情請參閱註釋第26及30段 r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes

for details

表內載列的數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商

貿活動編製而成的有關詳情請參閱註釋第7 ( v )

-7(vi)段

This table presents figures compiled based on the change of ownership principle in recording goods sent abroad for processing and merchanting under the standards stipulated in the System of National Accounts 2008 For details please see paragraphs 7(v)-7(vi) of the explanatory notes

變動在 plusmn005之內sect sect Change within plusmn005

Imports

of goods

(fob)Year

Exports

services

Exports

of goods

56776933568943928144697940336182440590942010

56659435805794148230737448351752042542532011

57926137443944324141757530363379143905982012

56693641158054682283802617393215347338652013

55469541764984730331815578396517647799112014

58216940648514646881818307389673547143632015

59380240936314687202789504395746047466092016

60592443913064997230811295421277450240692017

62246345987285221191848838435878452076222018 r

60829342576334865926760862415481749156792019 r

1305139685121098862209633900718111043812014

1326981034673116706818993996338711530262

14537010684481213664207029104639312531073

14611411048651250737208977105467812633404

1383919705521108900212444906199111868412015

138864998227113699019537492526711204892

15185010237071175608208571101487412232283

15306410723651225383201918105039512519624

1444559129831057240200325872352107238812016

1393041001764114108518304994625711292662

15328010520431205256202584103813812406663

15676311268411283621203546110071313042894

14586510085821154393206125959463116531112017

14632210645201210847185960100028211863282

15562111234581279074208453110545913139703

15811611947461352916210757114757013584604

152359107560112279602215761006700122827612018 r

14778511295301277315196012104573712417492 r

16013812078141367952213777116049913742763 r

16218111857831347964217473114584813633214 r

15070610301471180853220639969401119004012019 r

1502691053537120380619354299005311835952 r

15303110744471227478182987108019212631793 r

15428710995021253789163694111517112788654 r

for details

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」是環比物量計算的一個技術屬

性有關詳情請參閱註釋第16段

表內載列的數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活

動編製而成的有關詳情請參閱註釋第7(v)-7(vi)段

（丁）以實質計算的按年變動百分率

Imports

of goods

(fob)Year

Exports

services

Exports

of goods

服務輸入服務輸出

貨品出口（離岸價）合計

1001991821531801762010

-0267565746482011

2246422733322012

-2199836082782013

-2215101608102014

50-27-1803-17-142015

200709-3516072016

2073662865582017

2747454635372018 r

-23-74-68-104-47-562019 r

-43271861102012014

042220-2025172

-1201-011801043

-34110505-01sect4

60020913060712015

46-35-2629-40-282

45-42-3107-30-243

48-29-20-34-04-094

44-59-47-57-37-4112016

030404-6323082

092825-2923143

2451480848424

1010592291008712017

5063611657512

1568612965593

0960543543424

45666475495412018 r

1061555445472 r

2975692650463 r

26-08-0432-02044 r

-11-42-38-04-37-3112019 r

17-67-58-13-53-472 r

-44-110-103-144-69-813 r

-49-73-70-247-27-624 r

for details

表內載列的數字是根據《2008年國民經濟核算體系》的標準採用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成的有關詳情請參閱註釋

第7(v)-7(vi)段

變動在 plusmn005之內 Change within plusmn005sectsect

表 8 按服務組成部分劃分的服務輸出及輸入（甲）以當時市價計算

Table 8 Exports and imports of services by service component(a) At current market prices

百萬港元

HK$ million

服務輸出服務輸入

Exports of services Imports of services

金融其他製造其他合計運輸旅遊服務服務合計運輸旅遊服務服務

Manufact-Financial Other uring Other

Total Transport Travel services services Total Transport Travel services services

625719 231971 172472 101639 121961 134849 148852 141269

710716 250075 221490 111910 139414 148071 139459 151090764026 248494 256534 120680 142580 155716 138884 157086812640 242398 301969 128072 140573 164545 116002 162096829085 247707 297567 137000 142620 170672 92517 167713808948 230876 280227 148671 134230 178751 90019 171345

764660 218687 254962 138347 131387 187385 88192 171142811295 237426 259817 157011 136274 197858 91313 180479

r 886883 258847 288974 174083 145261 207232 93181 194273r 793921 236255 227557 167910 138595 208984 81255 190251

1 213209 58075 78158 40161 33229 38624 20663 431882 192319 64029 68217 26264 36355 44154 21455 352303 211453 66426 71312 36869 37858 44831 24781 410904 212104 59177 79880 33706 35178 43063 25618 48205

1 213111 56156 75226 43430 32092 41146 20072 444192 193270 59885 65957 33089 34388 45758 21290 368343 203959 61652 65879 39253 34694 46523 23697 419884 198608 53183 73165 32899 33056 45324 24960 48104

1 193243 49961 63805 40863 30516 45407 19438 436132 176579 54990 59627 26666 33029 46040 20531 369513 195158 58279 60917 38020 34479 48715 23076 421934 199680 55457 70613 32798 33363 47223 25147 48385

1 202918 54712 64892 43538 31161 45326 20774 440512 184750 60109 58607 29832 34090 50868 21119 381853 207604 63278 61979 43324 35768 51631 23787 451274 216023 59327 74339 40317 35255 50033 25633 53116

1 r 229005 59587 74894 52526 34301 51531 21527 495812 r 205098 66091 66382 34459 36421 51237 22867 422473 r 223481 69197 66589 46463 37680 52612 24536 479504 r 229299 63972 81109 40635 36859 51852 24251 54495

1 r 229934 59744 77456 50746 33285 49242 19863 499502 r 202921 63354 67492 33855 35759 54695 19682 425303 r 189973 60628 45410 44012 35554 52656 20641 453554 r 171093 52529 37199 39297 33997 52391 21069 52416

詳情請參閱註釋第7(vi)段

39923 15420638220 152666

2019 41988 152340

38166 1527722018 41998 156940

546930

119636

1272402011138318140201146811149174

152664

594266

5743452015

578035

583216

年季

Year Quarter

2017 157041

2017 39776

2018 164979

382993433937175

42040 16403739023 156313

137729138270

154118

141312

573522

578106

135704

148560

148463

144262

639947

43583 167457162778

表內載列的數字是根據《2008年國民經濟核算體系》的標準採

用所有權轉移原則記錄外地加工貨品及轉手商貿活動編製而成

This table presents figures compiled based on the change of ownershipprinciple in recording goods sent abroad for processing and merchantingunder the standards stipulated in the System of National Accounts 2008For details please see paragraphs 7(v)-7(vi) of the explanatory notes

Please see paragraph 7(vi) of the explanatory notes for details

ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatorynotes for details

42068 159873

137194

3861435296

151444146902

2016 138974136551

152064

3380936846

605924

2019 162199 619085

表 8 按服務組成部分劃分的服務輸出及輸入（乙）以名義計算的按年變動百分率

Table 8 Exports and imports of services by service component(b) Year-on-year percentage change in nominal terms

248 263 356 162 207 119 108 199

136 78 284 101 143 98 -63 7075 -06 158 78 23 52 -04 4064 -25 177 61 -14 57 -165 3220 22 -15 70 15 37 -202 35

-24 -68 -58 85 -59 47 -27 22

-55 -53 -90 -69 -21 48 -20 -0161 86 19 135 37 56 35 55

r 93 90 112 109 66 47 20 76r -105 -87 -213 -35 -46 08 -128 -21

1 64 06 102 104 -03 -25 -256 452 -17 40 -90 -21 49 137 -208 433 32 41 -34 133 38 57 -152 484 01 -02 -29 43 -26 -15 -197 09

1 sect -33 -38 81 -34 65 -29 292 05 -65 -33 260 -54 36 -08 463 -35 -72 -76 65 -84 38 -44 224 -64 -101 -84 -24 -60 53 -26 -02

1 -93 -110 -152 -59 -49 104 -32 -182 -86 -82 -96 -194 -40 06 -36 033 -43 -55 -75 -31 -06 47 -26 054 05 43 -35 -03 09 42 07 06

1 50 95 17 65 21 -02 69 102 46 93 -17 119 32 105 29 333 64 86 17 140 37 60 31 704 82 70 53 229 57 60 19 98

1 r 129 89 154 206 101 137 36 1262 r 110 100 133 155 68 07 83 1063 r 76 94 74 72 53 19 31 634 r 61 78 91 08 45 36 -54 26

1 r 04 03 34 -34 -30 -44 -77 072 r -11 -41 17 -18 -18 67 -139 073 r -150 -124 -318 -53 -56 01 -159 -544 r -254 -179 -541 -33 -78 10 -131 -38

sect 變動在plusmn005之內 sect

2017 29

2019 -17

年季

Year Quarter

2010 162

482018 51 56

20112012

64871447

20132014

-19-1701

-442109

30 6428 53

2017 30

01 -01

2018 56 111

445160

2015 401609

2019 sect -29

Change within plusmn005

-32 -53-35 -45

表 8 按服務組成部分劃分的服務輸出及輸入（丙）以2017年環比物量計算

Table 8 Exports and imports of services by service component(c) In chained (2017) dollars

百萬港元

HK$ million

697940 221580 194936 128766 130438 136524 139597 159807

737448 223844 226209 132660 140338 140608 125424 160584757530 215335 249795 132735 142262 145933 129490 161523802617 211312 295313 139326 137705 155081 111282 163263815578 218515 290427 148267 137138 160616 91316 166210818307 220083 280126 162138 134777 180514 94247 172898

789504 222890 255975 153845 132722 190261 94092 176954811295 237426 259817 157011 136274 197858 91313 180479

r 848838 245411 282894 160210 142400 202499 89888 187676r 760862 226991 223383 156275 136787 207783 78690 185033

1 209633 50146 76749 44604 32300 36608 18326 436542 189939 56876 66054 28885 35450 40762 20793 356503 207029 58021 70082 38869 36537 41600 26606 406654 208977 53472 77542 35909 32851 41646 25591 46241

1 212444 51218 74368 48129 32250 41484 18715 460892 195374 57512 65669 35190 34093 45327 21740 375903 208571 59025 67569 42943 35476 46990 27064 423754 201918 52328 72520 35876 32958 46713 26728 46844

1 200325 49947 64484 47418 31488 47065 19276 465542 183049 56683 59681 29451 33102 45877 21715 386413 202584 59920 62136 41567 34930 48509 26698 432864 203546 56340 69674 35409 33202 48810 26403 48473

1 206125 54314 65311 47420 32194 46998 19215 473982 185960 60910 58560 29585 34393 50982 21131 396943 208453 63784 63274 42596 35721 50191 25768 440074 210757 58418 72672 37410 33966 49687 25199 49380

1 r 221576 57148 73638 50121 33832 49827 19063 496372 r 196012 63334 64808 30679 35488 49043 21885 413693 r 213777 65376 66379 42003 37360 51266 25577 459354 r 217473 59553 78069 37407 35720 52363 23363 50735

1 r 220639 56875 75245 48920 33533 49501 17587 500852 r 193542 61346 65667 30192 35401 54094 18765 420093 r 182987 58728 45480 40808 35130 51768 21683 444504 r 163694 50042 36991 36355 32723 52420 20655 48489

20132014

156503

156867

156042157864

2014 39230

年季

Year Quarter

149349

152232159058

2018 1603232017 157041

622463

153280

395013649538963

132698

138864

145370

151850153064

2015 138391

A discrepancy may exist between the volume estimate of an aggregateand the sum of its components Non-additivity is a technical feature ofthe chain volume measures For details please see paragraph 16 of theexplanatory notes

146322

156763

2017 39718

145865

整體物量估計與其組成部分相加的總和可能存在差額「不可

相加性」是環比物量計算的一個技術屬性有關詳情請參閱

註釋第16段

41903 158116

160138

155621

2018 40669 152359

567769

566594579261566936554695582169

593802605924

162181

153031150269150706

147785

130513

146114

144455139304

367003969942235

2019 154213 608293

40306 154287

3797136337

2019 39599

表 8 按服務組成部分劃分的服務輸出及輸入（丁）以實質計算的按年變動百分率

Table 8 Exports and imports of services by service component(d) Year-on-year percentage change in real terms

153 83 258 149 134 63 74 140

57 10 160 30 76 30 -102 0527 -38 104 01 14 38 32 0660 -19 182 50 -32 63 -141 1116 34 -17 64 -04 36 -179 1803 07 -35 94 -17 124 32 40

-35 13 -86 -51 -15 54 -02 2328 65 15 21 27 40 -30 20

r 46 34 89 20 45 23 -16 40r -104 -75 -210 -25 -39 26 -125 -14

1 61 17 107 101 -12 -22 -238 262 -20 47 -95 -12 12 117 -189 183 18 36 -42 110 01 39 -129 154 05 34 -29 40 -18 13 -176 13

1 13 21 -31 79 -02 133 21 562 29 11 -06 218 -38 112 46 543 07 17 -36 105 -29 130 17 424 -34 -21 -65 -01 03 122 44 13

1 -57 -25 -133 -15 -24 135 30 102 -63 -14 -91 -163 -29 12 -01 283 -29 15 -80 -32 -15 32 -14 224 08 77 -39 -13 07 45 -12 35

1 29 87 13 sect 22 -01 -03 182 16 75 -19 05 39 111 -27 273 29 64 18 25 23 35 -35 174 35 37 43 57 23 18 -46 19

1 r 75 52 128 57 51 60 -08 472 r 54 40 107 37 32 -38 36 423 r 26 25 49 -14 46 21 -07 444 r 32 19 74 sect 52 54 -73 27

1 r -04 -05 22 -24 -09 -07 -77 092 r -13 -31 13 -16 -02 103 -143 153 r -144 -102 -315 -28 -60 10 -152 -324 r -247 -160 -526 -28 -84 01 -116 -44

-51 -44-23 17

2019 -26

2018 24 45

13 2629

-19-1521

年季

Year Quarter

2010 152

2015 -0912

20132014

20112012

2016 022017 01

272018 212019

44030924

-21-2250

2017 06

-12-34

-38 -23

-50 -49

130110

sect 09

表 9 根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製

的貨品出口及進口與服務輸出及輸入

Table 9 Exports and imports of goods and services based on the standards stipulated in the System of

National Accounts 2008 other than the change of ownership principle

HK$ million

Imports of goods and services

貨品進口與服務輸入

減貨品進口與服務輸入

服務輸入貨品進口（離岸價）

Quarter

Imports

of goods

Imports

services

Exports

imports of

goods and

servicesYear

合計

季年Exports

services

服務輸出貨品出口

（離岸價）Exports

of goods

(fob)Total

合計

3897488 1043533980783395057379313582904430684442010

4361254 744784385763848200428677694117834200762011

4594823 2303145538241164104571792100304735917762012

4874974 1283246721443949284862142105858438163902013

4957447 463248100544718104952815107998938774582014

4831618 5730148432642899914774317105235537792632015

4786775 5686148991442400004729914101013737766382016

5127502 2683951461145860525100663107206540554372017

5451806 -606154676649111015457867116263942891672018 r

5160113 5083553783045714485109278106399840961152019 r

12014 267515 1143722 1028681 115041 -58801137842 870327

2 244391 1226930 1111191 115739 -331901193740 949349

3 280040 1272251 1148472 123779 343091306560 1026520

4 288043 1309912 1183466 126446 93931319305 1031262

12015 267557 1145911 1028254 117657 9171146828 879271

2 242874 1183633 1066653 116980 -243361159297 916423

3 269379 1200968 1077763 123205 508651251833 982454

4 272545 1243805 1117321 126484 298551273660 1001115

12016 245984 1057213 937677 119536 121751069388 823404

2 226858 1155462 1039442 116020 -162701139192 912334

3 261537 1214036 1088649 125387 367431250779 989242

4 275758 1303203 1174232 128971 242131327416 1051658

12017 258870 1167169 1046631 120538 70101174179 915309

2 237719 1238216 1115073 123143 -254381212778 975059

3 278091 1301157 1168631 132526 368261337983 1059892

4 297385 1394121 1255717 138404 84411402562 1105177

12018r 288287 1278829 1143416 135413 -25721276257 987970

2r 261498 1343528 1213623 129905 -366361306892 1045394

3r 298661 1424788 1286546 138242 94141434202 1135541

4r 314193 1410722 1267516 143206 237331434455 1120262

12019r 289633 1236067 1103590 132477 113891247456 957823

2r 258337 1271491 1138507 132984 -216791249812 991475

3r 262623 1283141 1149576 133565 359291319070 1056447

4r 253405 1318579 1179775 138804 251961343775 1090370

r r「修訂數字」詳情請參閱註釋第26及30段 ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes

for details

（乙）以 2017年環比物量計算

Table 9 Exports and imports of goods and services based on the standards stipulated in the System

of National Accounts 2008 other than the change of ownership principle

貨品出口與服務輸出貨品進口與服務輸入Imports of goods and servicesExports of goods and services

Quarter

Imports

of goods

Imports

servicesYear

合計

季年Exports

services

服務輸出貨品出口（離岸價）

Exports

of goods

(fob)Total

合計

4338145 4254913780763420593893127534072102010

4506893 4404323959800439970798225935251572011

4594498 44886940790154527237100373935913202012

4878068 45565543715444826386105279238258642013

4922873 46367244102964873217106581938576202014

4847775 48819342920474780274106209237861382015

4878730 49991143194214819309103960638393652016

5127502 51461145860525100663107206540554372017

5314697 53257547956915328266111803041966672018 r

4985336 52960344059804935583102173739635992019 r

12014 263150 1133178 1020953 1123091144779 881639

2 242838 1204704 1092949 1119921190658 948076

3 276346 1249945 1131346 1187971289450 1013273

4 283485 1285390 1165048 1205741297986 1014632

12015 265246 1138931 1019191 1196541148699 883451

2 245394 1173635 1056517 1171711157160 911940

3 275327 1209136 1084181 1249151256774 981564

4 276125 1258572 1132158 1264531285142 1009183

12016 252657 1088154 963157 1250931103307 850834

2 234792 1176926 1059275 1176231165120 930286

3 271560 1237564 1110835 1267241272973 1001477

4 280597 1316665 1186154 1304711337330 1056768

12017 260753 1180792 1054275 1265291191712 931100

2 239585 1243675 1118523 1251511219155 979383

3 280330 1302081 1172125 1299541336978 1056657

4 291397 1374115 1241129 1329771379657 1088297

12018 r 278249 1256189 1122893 1332961256505 978256

2 r 251676 1311408 1185508 1259001275842 1024166

3 r 288499 1392070 1257509 1345611398394 1109895

4 r 299606 1368599 1229781 1388181383956 1084350

12019 r 276483 1199181 1066062 1331191208368 931885

2 r 247215 1225376 1093872 1315041205165 957950

3 r 254550 1240499 1109151 1313481276200 1021650

4 r 243489 1270527 1136895 1336321295603 1052114

「修訂數字」詳情請參閱註釋第26及30段r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory

notes for details

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」是環比物量計算的一個技術屬性有關詳情請參閱

註釋第16段

表 10 根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製的

服務輸出及輸入（按服務組成部分劃分）

Table 10 Exports and imports of services by service component based on the standards stipulated inthe System of National Accounts 2008 other than the change of ownership principle

HK$ million

轉手商貿轉手商貿

活動及其活動及其

他與貿易他與貿易

合計運輸旅遊相關的服務合計運輸旅遊相關的服務

Merchanting Merchantingand other and other

trade-related trade-relatedTotal Transport Travel services Total Transport Travel services

829044 231971 172472 243871 398078 121961 134849 32829

941178 250075 221490 270706 438576 139414 148071 331821003047 248494 256534 281191 455382 142580 155716 337351058584 242398 301969 287128 467214 140573 164545 328091079989 247707 297567 292629 481005 142620 170672 337151052355 230876 280227 283734 484326 134230 178751 33741

1010137 218687 254962 285417 489914 131387 187385 334281072065 237426 259817 301902 514611 136274 197858 34381

r 1162639 258847 288974 318279 546766 145261 207232 36208r 1063998 236255 227557 311419 537830 138595 208984 33829

1 267515 58075 78158 63338 115041 33229 38624 76922 244391 64029 68217 60732 115739 36355 44154 71783 280040 66426 71312 79993 123779 37858 44831 87984 288043 59177 79880 88566 126446 35178 43063 10047

1 267557 56156 75226 63467 117657 32092 41146 78722 242874 59885 65957 57822 116980 34388 45758 73243 269379 61652 65879 76259 123205 34694 46523 86874 272545 53183 73165 86186 126484 33056 45324 9858

1 245984 49961 63805 61322 119536 30516 45407 75892 226858 54990 59627 58460 116020 33029 46040 72643 261537 58279 60917 77179 125387 34479 48715 86094 275758 55457 70613 88456 128971 33363 47223 9966

1 258870 54712 64892 64777 120538 31161 45326 77992 237719 60109 58607 61324 123143 34090 50868 74273 278091 63278 61979 81605 132526 35768 51631 88554 297385 59327 74339 94196 138404 35255 50033 10300

1 r 288287 59587 74894 68424 135413 34301 51531 82642 r 261498 66091 66382 65097 129905 36421 51237 78703 r 298661 69197 66589 86773 138242 37680 52612 94164 r 314193 63972 81109 97985 143206 36859 51852 10658

1 r 289633 59744 77456 68698 132477 33285 49242 81832 r 258337 63354 67492 64108 132984 35759 54695 74063 r 262623 60628 45410 83736 133565 35554 52656 85744 r 253405 52529 37199 94877 138804 33997 52391 9666

2019 288767 156422

68800 42750

2018 85382 41317

74489 36252

69523 42816

61232 38419

57679 3075871229

60420 38158

2016 70896 3602453781

ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notesfor details

2014 67944 3549651413 2805262309 32292

2015 72708 3654759210 29510

3330160011

251071 13771420162017 272920 1460982018 296539 158065

216828

2015 257518 137604

年季

2013 227090 129287242086 133998

Quarter

2010 180729

123351

108440

198906

其他

服務

Otherservices

其他

服務

Otherservices

117908

3853463928 34377

71127 43837

72849 3678163383 35124

2019 83735 41767

（乙）以2017年環比物量計算

百萬港元

HK$ million

931275 221580 194936 280728 425491 130438 136524 36132

982259 223844 226209 288400 440432 140338 140608 351231003739 215335 249795 290384 448869 142262 145933 346131052792 211312 295313 292441 455655 137705 155081 333621065819 218515 290427 292126 463672 137138 160616 336401062092 220083 280126 284345 488193 134777 180514 33827

1039606 222890 255975 290837 499911 132722 190261 340601072065 237426 259817 301902 514611 136274 197858 34381

r 1118030 245411 282894 310702 532575 142400 202499 35309r 1021737 226991 223383 300810 529603 136787 207783 32592

1 263150 50146 76749 62184 112309 32300 36608 76692 242838 56876 66054 61609 111992 35450 40762 72233 276346 58021 70082 81076 118797 36537 41600 88224 283485 53472 77542 87257 120574 32851 41646 9926

1 265246 51218 74368 61455 119654 32250 41484 77782 245394 57512 65669 58238 117171 34093 45327 73273 275327 59025 67569 77922 124915 35476 46990 87704 276125 52328 72520 86730 126453 32958 46713 9952

1 252657 49947 64484 60948 125093 31488 47065 77142 234792 56683 59681 60225 117623 33102 45877 74593 271560 59920 62136 80170 126724 34930 48509 88174 280597 56340 69674 89494 130471 33202 48810 10070

1 260753 54314 65311 63377 126529 32194 46998 78022 239585 60910 58560 62154 125151 34393 50982 74923 280330 63784 63274 83159 129954 35721 50191 89024 291397 58418 72672 93212 132977 33966 49687 10185

1 r 278249 57148 73638 65413 133296 33832 49827 80792 r 251676 63334 64808 64247 125900 35488 49043 77253 r 288499 65376 66379 86244 134561 37360 51266 92204 r 299606 59553 78069 94798 138818 35720 52363 10285

1 r 276483 56875 75245 64261 133119 33533 49501 78272 r 247215 61346 65667 62091 131504 35401 54094 71343 r 254550 58728 45480 82483 131348 35130 51768 83124 r 243489 50042 36991 91975 133632 32723 52420 9319

A discrepancy may exist between the volume estimate of an aggregate andthe sum of its components Non-additivity is a technical feature of thechain volume measures For details please see paragraph 16 of theexplanatory notes

整體物量估計與其組成部分相加的總和可能存在差額「不可相加

性」是環比物量計算的一個技術屬性有關詳情請參閱註釋第16段

2014 75252 3597156712 28427

57786 3220370118 35095

58111 34875

64481 39170

其他

服務

Otherservices

其他

服務

Otherservices

230113 123628

264313 132569139060

270130 142888

278280

253014 129905

241171

152367270553 152441

64749 38396

64735 3689670740 33606

69222 34463

2017 272920

125457

2015 79653

年季

Year Quarter

78475 38849

3829863152 30260

146098

2012 247397 126909

59287 336442018 82050 41558

66664 39181

57684 31180

2018 279023

67859 36138

2019 80102 42258

70500 3671567186 40450

表 11 按主要經濟活動劃分的本地生產總值（以當時價格計算）

Table 11 GDP by major economic activity at current prices

服務

Services

農業

漁業

採礦及採石

Agriculture

fishing

mining and

quarrying

製造

Manufacturing

電力燃氣和

自來水供應及

廢棄物管理

Electricity

gas and

water supply

and waste

management

建造

Construction

合計

進出口貿易

批發及零售

Import export

wholesale and

retail trades

住宿及

膳食服務

Accommodation

food services

運輸倉庫

郵政及

速遞服務

Transportation

storage

postal and

courier services

以基本價格計算的本地生產總值（百萬港元）

GDP at basic prices (HK$ million)

2001 1182 53575 38758 57590 1118884 281798 34449 940272002 1143 45773 40369 51850 1110646 284349 30949 973042003 945 39022 39631 45237 1102221 289587 26505 953602004 963 39468 40538 40797 1163558 320828 34128 1086932005 953 39646 40777 39010 1257617 359732 37494 115475

2006 947 39685 41294 39227 1352383 366567 42701 1162942007 1015 32365 40747 40643 1490475 379466 48830 1198622008 925 31506 39651 48403 1499529 399200 53600 983902009 1090 28714 35032 50264 1466724 370226 48789 992082010 948 30410 34486 56531 1614922 413308 56418 137941

2011 944 30578 33877 65484 1770166 492900 66421 1200342012 1114 30600 35382 73445 1872498 511537 72044 1206092013 1225 30156 35119 83288 1948292 523741 75413 1254652014 1496 27885 35636 96205 2044750 531541 78725 1376582015 1630 26716 34653 107902 2154541 527822 78134 150073

2016 1898 26844 34414 124932 2229760 525526 79682 1497422017 1736 27299 34978 129714 2357363 548636 83507 1533592018 1762 27700 35513 120958 2512905 577000 91345 158494r

佔本地生產總值（以基本價格計算）的百分比（）

Percentage contribution to GDP at basic prices ()

2001 01 42 31 45 881 222 27 742002 01 37 32 41 889 228 25 782003 01 32 32 37 898 236 22 782004 01 31 32 32 905 250 27 852005 01 29 30 28 913 261 27 84

2006 01 27 28 27 918 249 29 792007 01 20 25 25 929 236 30 752008 01 19 24 30 926 246 33 612009 01 18 22 32 927 234 31 632010 01 18 20 33 930 238 32 79

2011 sect 16 18 34 931 259 35 632012 01 15 18 36 930 254 36 602013 01 14 17 40 929 250 36 602014 01 13 16 44 927 241 36 622015 01 11 15 46 927 227 34 65

2016 01 11 14 52 922 217 33 622017 01 11 14 51 924 215 33 602018 01 10 13 45 931 214 34 59r

Accommodation services cover hotels guesthouses boarding houses and

other establishments providing short term accommodation

住宿服務包括酒店賓館旅舍及其他提供短期住宿服務的機構單位

sect 所佔百分比少於005個百分點 Contribution less than 005 pointsect

「修訂數字」詳情請參閱註釋第26及30段r r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory

notes for details

表 11 按主要經濟活動劃分的本地生產總值（以當時價格計算） ------ （續）

Table 11 GDP by major economic activity at current prices ------ (contd)

Services (contd)

服務（續）

Domestic

Product

at current

market

prices

以當時市價

計算的本地

生產總值

Statistical

discrepancy

統計差額

Taxes on

products

產品稅

Domestic

Product

at basic

prices

以基本價格

計算的本地

生產總值

Ownership

premises

樓宇業權

Public

administration

social and

personal

services

公共行政

社會及

個人服務

Real estate

professional

business

services

地產

專業及

商用服務

Financing

insurance

金融及

保險

Information and

communications

資訊及

通訊

153787 111431 255543 143334 1269989 26433 19 1321142445152001154099 106137 252581 139416 1249781 24406 18 1297341458112002163267 103309 247694 131450 1227056 25428 03 1256669450512003168278 113633 249018 126212 1285324 33296 -01 1316949427682004189741 122336 247942 139118 1378002 35305 -01 1412125457792005

245954 128685 251211 152019 1473535 40348 -07 1503351489512006322644 147339 262395 158388 1605245 64634 -12 1650756515512007277112 166086 278100 177915 1620013 58233 17 1707487491272008255900 173903 288109 182696 1581824 54689 14 1659245478932009283752 188476 295257 184745 1737298 68707 -17 1776332550242010

305282 213987 313585 195005 1901049 69401 -19 1934430629522011319312 232416 337678 208036 2013038 63575 -19 2037059708662012346248 225789 356326 219166 2098080 75314 -16 2138305761452013367989 239434 379588 232053 2205972 83236 -13 2260005777612014409933 252714 407405 247648 2325443 95433 -09 2398280808132015

428903 266139 436912 258649 2417849 83743 -04 2490438842082016480488 274822 465492 264166 2551090 110698 -01 2659384868912017532757 280895 497623 283307 2698838 118131 06 2835131914852018 r

12135 88 201 113 1000200112337 85 202 112 1000200213337 84 202 107 1000200313133 88 194 98 1000200413833 89 180 101 10002005

16733 87 170 103 1000200620132 92 163 99 1000200717130 103 172 110 1000200816230 110 182 115 1000200916332 108 170 106 10002010

16133 113 165 103 1000201115935 115 168 103 1000201216536 108 170 104 1000201316735 109 172 105 1000201417635 109 175 106 10002015

17735 110 181 107 1000201618834 108 182 104 1000201719734 104 184 105 10002018 r

ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory

notes for details

r r 「修訂數字」詳情請參閱註釋第26及30段

表 12 選定經濟活動的增加價值（以當時價格計算）

Table 12 Value added of selected economic activities at current prices

進出口

貿易

Import and

export trade

批發

Wholesale

合計

住宿服務

Accommodation

services

餐飲服務

Food and

beverage

services

住宿及膳食服務

Accommodation and food services

批發及零售業

Wholesale and retail trades

零售業

Retail trade

小計

Sub-total

合計

進出口貿易批發及零售

Import export wholesale and retail trades

以基本價格計算的增加價值（百萬港元）

Value added at basic prices (HK$ million)

2001 281798 239075 42723 13209 29514 34449 8779 256692002 284349 244691 39658 11945 27713 30949 8365 225842003 289587 252850 36737 10720 26017 26505 6934 195712004 320828 274545 46283 12343 33940 34128 10547 235812005 359732 310065 49666 12524 37143 37494 12987 24507

2006 366567 313361 53206 13797 39408 42701 15494 272072007 379466 324571 54895 12290 42605 48830 16829 320012008 399200 337170 62029 14590 47440 53600 18000 356002009 370226 309773 60453 13231 47222 48789 14454 343352010 413308 341615 71693 15443 56250 56418 19066 37352

2011 492900 401558 91342 16225 75117 66421 25035 413862012 511537 410071 101466 18151 83315 72044 27486 445582013 523741 413445 110296 19137 91159 75413 28991 464212014 531541 421004 110538 19854 90684 78725 29876 488492015 527822 420046 107776 19506 88270 78134 27892 50241

2016 525526 426865 98661 19422 79239 79682 26899 527822017 548636 446683 101954 19976 81978 83507 28078 554302018 577000 463846 113154 22300 90854 91345 31096 60249r

222 188 34 10 23 27 07 202001228 196 32 10 22 25 07 182002236 206 30 09 21 22 06 162003250 214 36 10 26 27 08 182004261 225 36 09 27 27 09 182005

249 213 36 09 27 29 11 182006236 202 34 08 27 30 10 202007246 208 38 09 29 33 11 222008234 196 38 08 30 31 09 222009238 197 41 09 32 32 11 222010

259 211 48 09 40 35 13 222011254 204 50 09 41 36 14 222012250 197 53 09 43 36 14 222013241 191 50 09 41 36 14 222014227 181 46 08 38 34 12 222015

217 177 41 08 33 33 11 222016215 175 40 08 32 33 11 222017214 172 42 08 34 34 12 222018 r

住宿服務包括酒店賓館旅舍及其他提供短期住宿服務的機構單位 Accommodation services cover hotels guesthouses boarding houses and other establishments providing short term accommodation

notes for details

r 「修訂數字」詳情請參閱註釋第26及30段 r

表 12 選定經濟活動的增加價值（以當時價格計算） ------ （續）

Table 12 Value added of selected economic activities at current prices ------ (contd)

水上運輸

transport

航空運輸

transport

郵政及

速遞服務

Postal

and courier

services

運輸及倉庫

Transportation and storage

貨倉及

其他運輸

服務

Warehousing

and other

transportation

services

小計

Sub-total

合計

運輸倉庫郵政及速遞服務

Transportation storage postal and courier services

transport

陸路運輸年

94027 89135 37461 23405 26819 1450 4892200197304 92541 36049 23453 31652 1387 4763200295360 90573 33697 26701 28603 1572 47872003

108693 103187 35901 29507 35977 1802 55062004115475 109763 38264 28360 40649 2489 57122005

116294 110746 38813 30146 39588 2199 55482006119862 114378 38878 31518 41763 2220 54842007

98390 93325 38098 25214 27454 2559 5065200899208 94090 37960 16364 37507 2259 51182009

137941 132292 41337 33851 54558 2545 56502010

120034 114705 41793 21400 48734 2777 53292011120609 114983 42718 20548 48875 2842 56262012125465 119036 43646 17891 54313 3186 64292013137658 130525 45433 19785 61858 3450 71322014150073 142653 47194 19025 72651 3783 74202015

149742 141565 47963 17834 71863 3904 81772016153359 144666 49362 17120 73847 4336 86942017158494 149762 51516 18412 75113 4720 87312018 r

70 29 18 21 01 0474200174 29 19 25 01 0478200274 27 22 23 01 0478200380 28 23 28 01 0485200480 28 21 29 02 04842005

75 26 20 27 01 0479200671 24 20 26 01 0375200758 24 16 17 02 0361200859 24 10 24 01 0363200976 24 19 31 01 03792010

60 22 11 26 01 0363201157 21 10 24 01 0360201257 21 09 26 02 0360201359 21 09 28 02 0362201461 20 08 31 02 03652015

59 20 07 30 02 0362201657 19 07 29 02 0360201755 19 07 28 02 03592018 r

notes for details「修訂數字」詳情請參閱註釋第26及30段 r r

電訊

Telecommunications

其他

資訊及

通訊服務

Other information

communications

services

合計

金融

Financing

保險

Insurance

金融及保險

Financing and insurance

合計

資訊及通訊

Information and communications

2001 44515 23481 21034 153787 119998 337892002 45811 23676 22135 154099 117586 365132003 45051 22068 22983 163267 125396 378702004 42768 17826 24942 168278 130643 376352005 45779 18842 26937 189741 149792 39949

2006 48951 20172 28779 245954 203671 422842007 51551 20679 30872 322644 271746 508982008 49127 21012 28115 277112 227855 492572009 47893 21434 26460 255900 211841 440592010 55024 23263 31761 283752 229668 54083

2011 62952 25683 37269 305282 249231 560512012 70866 32197 38670 319312 260060 592522013 76145 34608 41537 346248 286132 601162014 77761 36393 41368 367989 300943 670462015 80813 38662 42151 409933 335143 74789

2016 84208 40775 43433 428903 340068 888352017 86891 42035 44856 480488 387076 934122018 91485 45497 45987 532757 436433 96324r

35 18 17 121 94 27200137 19 18 123 94 29200237 18 19 133 102 31200333 14 19 131 102 29200433 14 20 138 109 292005

33 14 20 167 138 29200632 13 19 201 169 32200730 13 17 171 141 30200830 14 17 162 134 28200932 13 18 163 132 312010

33 14 20 161 131 29201135 16 19 159 129 29201236 16 20 165 136 29201335 16 19 167 136 30201435 17 18 176 144 322015

35 17 18 177 141 37201634 16 18 188 152 37201734 17 17 197 162 362018 r

「修訂數字」詳情請參閱註釋第26及30段 r ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory

notes for details

地產

Real estate

專業及

商用服務

Professional

business

services

合計

地產專業及商用服務

Real estate professional and business services

111431 57969 534622001106137 53394 527432002103309 48926 543832003113633 52956 606772004122336 61220 611162005

128685 63464 652212006147339 71999 753412007166086 84903 811832008173903 86862 870412009188476 88919 995582010

213987 106035 1079522011232416 116880 1155362012225789 105456 1203322013239434 110114 1293202014252714 115519 1371952015

266139 123087 1430522016274822 126979 1478432017280895 125316 1555802018 r

88 46 42200185 43 42200284 40 44200388 41 47200489 44 442005

87 43 44200692 45 472007

103 52 502008110 55 552009108 51 572010

113 56 572011115 58 572012108 50 572013109 50 592014109 50 592015

110 51 592016108 50 582017104 46 582018 r

notes for details

表 13 以環比物量計算按主要經濟活動劃分的本地生產總值

（甲）以2017年環比物量計算

Table 13 Chain volume measures of GDP by major economic activity

百萬港元

HK$ million

QuarterYear Manufacturing

Agriculture

fishing

mining and

quarrying

Import export

wholesale and

retail tradesTotal

Electricity

gas and

water supply

and waste

management Construction

Accommodation

food services

年製造合計

電力燃氣和自來水供應及廢棄物管理建造季

進出口貿易批發及零售

Services

服務

農業漁業

採礦及採石

390583181658468048360062693120082009 64921

455692194214778693359392783220852010 71088

497114204286093113361652803621022011 77016

5063872078746100846366892781420342012 78386

5228892135702105057356192783821332013 81187

5293232188262118722358952772620042014 83004

5235752226143125139349672730118672015 81425

5266042276673131485346822718118302016 81842

5486362357363129714349782729917362017 83507

5716502430119134057350302764617052018 r 88419

118254522927320878060646045812014 21001

11639051725326437926669195412 19483

140178557632281101051372815153 20942

15450159045032090805770654904 21581

118230533856313897854636243712015 20808

11191152446631421919068345132 19182

13936856698929858996271314683 20082

15406660083232472796269734494 21355

115696542284319547926634541712016 20610

11281553847632349908968055192 19483

14063657940131234990171274553 20219

15745761651235949776669034404 21531

120773562137333817737635542512017 20850

11710555623032106903868354782 19666

146669600512302461041571524203 20586

16408963848533980778869564134 22405

127809585393365107976642440012018 r 22696

12347457549132949938969454672 r 20907

15365661755931486993772384183 r 21795

16671265167833110772770384214 r 23021

126235595820352127929651540412019 r 23341

11891158268129404928569714712 r 20627

138220606845305241010872714073 r 18791

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」

是環比物量計算的一個技術屬性有關詳情請參閱註釋第16段

住宿服務包括酒店賓館旅舍及其他提供短期住宿服務的機構單位 Accommodation services cover hotels guesthouses boarding houses and

r r「修訂數字」詳情請參閱註釋第26及30段2019年第3季的初步數

字已於2019年12月20日向傳媒公布並載列於政府統計處網站上

ldquoRevised figuresrdquo please see paragraphs 26 and 30 of the explanatory notes for details Preliminary figures for the third quarter of 2019 were issued to the media and posted on the website of the Census and Statistics Department on 20 December 2019

表 13 以環比物量計算按主要經濟活動劃分的本地生產總值 ------ （續）

Table 13 Chain volume measures of GDP by major economic activity ------ (contd)

百萬港元

HK$ million

QuarterYear

服務（續）

Transportation

storage

postal and

courier services

Ownership

premises

Public

administration

social and

personal

services

Real estate

professional

and business

services

Financing

insurance

Information and

communications

Taxes on

products

運輸倉庫郵政及速遞服務樓宇業權

公共行政社會及個人服務

金融及保險

資訊及通訊產品稅年季

Services (contd)

112819249233383495245096318736665442009 111821

119884251254391865251278338837675652010 118584

111778253053398762257798360945694722011 127175

100121255795407075265840363981713822012 128334

93664256583417273255130391914742392013 133635

99980258694427375260076412804771212014 137467

107094260231438193261850437848802282015 142049

97395261645451229269093456170835572016 146298

110698264166465492274822480488868912017 153359

106342266668482219273795499749904342018 r 157185

236606424610235364943988641909712014 34513

230406279310924660999100101174102 31938

263166538410806864256102402199413 35063

269626627110771069880111438206734 35954

2712064570104322668561034612004912015 35764

300786319011125761378108011182332 32777

266876578511160464293108382206533 35990

232086668711101169324117995212934 37518

2122164815107412681151084242083512016 36582

223866349811530663554112015190782 33766

249686619311461165836112794215263 37116

288196714011390071589122938221184 38834

2707165448110333707791136832178012017 38453

274756406011867164612117336198682 35443

243266684111885566958118990224453 38931

318256781711763372474130480227984 40533

3050266043114485709591208122249512018 r 40094

284026469912246464637122181206272 r 36504

242386748612316266540122565232933 r 39062

231996844012210871660134192240194 r 41526

2491866765118660722801239242359712019 r 41017

260816530012688265946126008218082 r 37201

202626800612562766791126652245653 r 38193

rr 「修訂數字」詳情請參閱註釋第26及30段2019年第3季的初步數

表 13 以環比物量計算按主要經濟活動劃分的本地生產總值（乙）以實質計算的按年變動百分率

Agriculture

fishing

mining and

quarrying

Import export

wholesale and

retail tradesTotal

Electricity

gas and

water supply

and waste

Accommodation

food services

年製造

農業漁業

採礦及採石進出口貿易批發及零售合計

Services

服務

-95-17-7515-82-462009 -113

16769156-0233392010 95

91521830607082011 83

19188314-08-322012 18

332742-2901492013 36

122513008-04-602014 22

-111754-26-15-682015 -19

062351-08-04-202016 05

4235-130904-522017 20

4231330113-182018 r 59

05221731321-6612014 40

0821831122-812 17

263011220-17-253 36

0925145-17-36-684 -02

sect21-22-25-15-4612015 -09

-3814189-08-12-512 -15

-061762-52-21-913 -41

-031812-12-13-844 -10

-21161809-03-4712016 -10

082730-11-04132 16

092246-06-01-283 07

2226107-25-10-214 08

443745-24022012017 12

3833-07-0604-782 09

4336-325203-773 18

4236-550308-624 41

5841943111-6012018 r 89

5435263916-242 r 63

482841-4612-063 r 59

1621-26-0812194 r 27

-1218-36-06140912019 r 28

-3712-108-1104082 r -13

-100-17-311705-273 r -138

sect sect Change within plusmn005變動在plusmn005之內

（乙）以實質計算的按年變動百分率

QuarterYear

Transportation

storage

postal and

courier services

Ownership

premises

Public

administration

social and

personal

services

Real estate

professional

and business

services

Financing

insurance

Information and

communications

Taxes on

products

金融及保險

Services (contd)

服務（續）

-480330164113-552009

630822256315602010

-680718266528722011

-1041121310828092012

-640325-407740412013

670824195339292014

710625076140332015

-910530284241302016

1371032215340482017

-390936-044041252018 r

-641029114130412014 1

141126241756462

2260622217033143

1150620228438174

1460519294750362015 1

3050618067947262

140633015836263

-1390631-085930434

-2180430194839232016 1

-2560536353746302

-640627244142313

2420726334239354

2761027394945512017 1

2270929174841502

-261037175543493

1041033126131444

1270938036333432018 r1

341032sect413830r2

-041036-06303803r3

-2710938-11285425r4

-1831136192649232019 r1

-82093620315719r2

-1640820043355-22r3

sect sect變動在plusmn005之內 Change within plusmn005

Table 14 Chain volume measures of value added of selected economic activities

表 14 以環比物量計算選定經濟活動的增加價值

百萬港元

HK$ million

Import export wholesaleand retail trades

Professional

business

servicesReal estateQuarter Total

Real estate professionaland business services

Postal

courier

servicesYear Total

Transportation storagepostal and courier services

運輸倉庫郵政及速遞服務進出口貿易批發及零售

Transportation

storageTotal

Wholesale

and retail

trades

Import and

export trade

專業及商用服務地產合計

批發及零售業

進出口貿易合計

郵政及速遞服務

運輸及倉庫合計年季

1299952450966167105710111821625653289063905832009 116128

1281332512787258111434118584734293832874556922010 123640

1304872577987667119583127175897344075774971142011 127685

1356062658408159120368128334962674101605063872012 130661

12108825513085311253141336351047214179215228892013 134223

12257326007686341290191374671059304231485293232014 137664

11976326185079271341311420491042124191495235752015 142089

1239212690938071138225146298980964285075266042016 145175

12697927482286941446661533591019544466835486362017 147843

12301427379587831484021571851080514636015716502018 r 150781

320416494322113235634513250449306711825412014 32983

28129609992005299753193823279930601163902 32889

298586425619103314035063258201144381401783 34426

325476988025063354835954317891225841545014 37366

322156685620683371135764248189330211823012015 34713

27741613781865309213277723659881401119112 33622

291256429317343420835990254341139901393683 35157

306846932422593529237518303021237181540664 38597

326326811520363454836582223179335511569612016 35486

28588635541910318613376622222905551128152 34965

302906583618273526237116239391167701406363 35548

324137158922973655538834296191278281574574 39177

349087077922023625138453225239825012077312017 35854

29191646122062333813544322750943461171052 35426

303526695819613696738931252931213961466693 36611

325297247424683806740533313891326911640894 39953

3401570959233437760400942497010284012780912018 r 36945

28467646372019344843650424943985311234742 r 36169

295416654018563720639062263471273091536563 r 36999

309927166025733895341526317911349201667124 r 40668

3450572280219938817410172425810197812623512019 r 37776

28749659461932352683720123590953211189112 r 37197

296106679118703632338193210971171231382203 r 37181

整體物量估計與其組成部分相加的總和可能存在差額「不可相加性」

是環比物量計算的一個技術屬性有關詳情請參閱註釋第16段 A discrepancy may exist between the volume estimate of an aggregate

and the sum of its components Non-additivity is a technical feature of the chain volume measures For details please see paragraph 16 of the explanatory notes

表 14 以環比物量計算選定經濟活動的增加價值（乙）以實質計算的按年變動百分率

Professional

business

Postal

courier

servicesYear Total

Transportation

storageTotal

Wholesale

and retail

trades

Import and

export trade

批發及零售業

1316-123-51-5510-114-952009 19

-142517754601741651672010 65

182656737222263912011 33

39316407097306192012 23

-107-404641418819332013 27

12191230291213122014 26

-2307-824033-16-09-112015 32

3528183130-5922062016 22

25217747483942422017 18

-31-041026256038422018 r 20

sect11134364149-070512014 21

1824694546-5025082 30

1621-14923141729263 26

17221916172704094 26

0529-654236-0903sect12015 52

-1406-70322616-53-382 22

-2501-923226-15-04-063 21

-57-08-995243-4709-034 33

1319-162523-10101-2112016 22

3135243030-6127082 40

4024533131-5924093 11

5633173635-2333224 15

703981495109524412017 10

21178048502442382 13

02177448495740433 30

04127441446038424 20

-2603604243109475812018 r 30

-25sect-2133309644542 r 21

-27-06-5406034249483 r 11

-47-114323251317164 r 18

1419-582823-29-08-1212019 r 22

1020-432319-54-33-372 r 28

020408-24-22-199-80-1003 r 05

Change within plusmn005sect變動在plusmn005之內sect

表 15　本地居民總收入按人口平均計算的本地居民總收入

Table 15 Gross National Income (GNI) per capita GNI

及本地居民可支配總收入 ( 以當時市價計算 )

and Gross National Disposable Income (GNDI) at current market prices

本地居民可支配總收入按人口平均計算的本地居民總收入

季年

Quarter

本地居民總收入

Per capita GNIGNI

(百萬港元)

(HK$ million) (HK$)

(港元)

(HK$ million)

(百萬港元)

1709007 (-54)1692621(-57)245096(-55)2009

1813928 (61)1796348(54)258240(61)2010

1987256 (95)1967465(88)281019(96)2011

2066514 (40)2046178(28)289019(40)2012

2178824 (55)2157948(50)303504(54)2013

2306612 (60)2286826(51)319056(59)2014

2442656 (58)2420532(50)335010(59)2015

2553031 (46)2532062(39)347986(45)2016

2774936 (88)2754385(79)375412(87)2017

2969946 (70)2948516(62)398597(70)2018 r

(52)541744-(51)54659712014

(53)530325-(51)5350702

(66)582642-(65)5878403

(66)632115-(66)6371044

(57)572876-(59)57906512015

(114)590567-(113)5957232

(53)613394-(53)6188933

(18)643696-(19)6489764

(55)604179-(53)60948512016

(38)612925-(38)6181662

(39)637384-(38)6424323

(53)677574-(52)6829494

(68)645286-(67)65037612017

(103)676124-(102)6810052

(98)700033-(98)7052953

(82)732942-(81)7382604

r (83)698904-(83)70445612018r (70)723132-(70)7284532r (86)759981-(85)7655513r (46)766499-(45)7714864

r (39)726307-(38)73144812019r (40)751758-(39)7568712r (-06)755459-(-06)7607953

Figures in brackets refer to year-on-year percentage changes括號內數字表示按年變動百分率Please see paragraph 41 of the explanatory notes請參閱註釋第41段

請參閱註釋第47段 Please see paragraph 47 of the explanatory notes

- - Not applicable不適用

ldquoRevised figuresrdquo ldquoPreliminary figuresrdquo for the third quarter of

2019 were issued to the media and posted on the website of the

Census and Statistics Department on 13 December 2019 The

nomenclature for data release of GNI follows that of GDP by

economic activity as given in paragraphs 26 and 30 of the

explanatory notes

「修訂數字」 2 0 1 9年第 3季的「初步數字」已

於2019年12月13日向傳媒公布並載列於政府統計處網站上本地居民總收入發布的名稱法跟按經濟活動劃分的

本地生產總值相同請參閱註釋第26及30段

Table 16 External primary income flows (EPIF) by income component

at current market prices

表 16 按收入組成部分劃分的對外初次收入流量（以當時巿價計算）

HK$ million

百萬港元

流入總計

Inflow total

of employees

Income on

income

僱員報酬其他投資收益

Compensation

儲備資產收益

reserve assets

Other investment

income

Portfolio investment

證券投資收益

income

Direct investment

income inflow

季直接投資收益

Year QuarterTotal external primary

對外初次收入流入總額年

(-651)787215 46053(-293)127725(-12)575014(-163)2009 35727 (-177) (-26)2696

(-419)929741 26773(228)156822(237)711397(181)2010 32111 (-101) (-22)2638

(503)1059351 40236(97)172032(141)811520(139)2011 32826 (22) (38)2737

(91)1091235 43893(13)174339(34)838808(30)2012 31351 (-45) (39)2845

(90)1183568 47836(127)196561(83)908725(85)2013 27651 (-118) (-18)2795

(378)1254733 65938(148)225646(27)933036(60)2014 27224 (-15) (33)2888

(-107)1274457 58873(71)241716(11)943277(16)2015 27592 (14) (38)2998

(-14)1273534 58037(95)264763(-30)914913(-01)2016 32720 (186) (35)3102

(641)1422665 95243(153)305325(64)973794(117)2017 44896 (372) (98)3406

(676)1630576 159608(120)341864(89)1060336(146)2018 65439 (458) (-23)3329

264878 211547 (67)(72)12014 30458 (-11) 15810 (528) 6340 (-116) 723 (48)

368111 252698 (44)(43)2 90498 (-04) 16851 (471) 7348 (-71) 717 (26)

322016 229619 (16)(113)3 68291 (556) 16584 (377) 6795 (38) 727 (39)

299727 239172 (-14)(19)4 36399 (173) 16693 (193) 6741 (118) 721 (23)

304962 246028 (163)(151)12015 35256 (158) 16317 (32) 6603 (41) 758 (48)

394032 266110 (53)(70)2 104762 (158) 14747 (-125) 7651 (41) 762 (63)

301440 216939 (-55)(-64)3 62794 (-80) 14398 (-132) 6566 (-34) 744 (23)

274023 214201 (-104)(-86)4 38905 (69) 13411 (-197) 6772 (05) 734 (18)

267980 205040 (-167)(-121)12016 41480 (177) 13363 (-181) 7302 (106) 794 (47)

387305 252592 (-51)(-17)2 111727 (66) 13359 (-94) 8842 (156) 784 (29)

321067 229645 (59)(65)3 68287 (87) 14657 (18) 7704 (173) 775 (42)

297181 227636 (63)(85)4 43268 (112) 16658 (242) 8872 (310) 748 (19)

286950 214134 (44)(71)12017 43955 (60) 18934 (417) 9095 (246) 832 (48)

407762 253578 (04)(53)2 118276 (59) 23305 (745) 11764 (330) 839 (70)

375839 245986 (71)(171)3 92460 (354) 24978 (704) 11546 (499) 869 (121)

352114 260096 (143)(185)4 50635 (170) 28027 (682) 12490 (408) 865 (156)

347392 249383 (165)(211)12018 51753 (177) 31651 (672) 13735 (510) 870 (46)

462691 277089 (93)(135)2 129450 (94) 38104 (635) 17196 (462) 852 (15)

439664 272093 (106)(170)3 106798 (155) 43110 (726) 16857 (460) 805 (-74)

380829 261771 (06)(82)4 53864 (64) 46743 (668) 17650 (413) 801 (-74)

369209 255078 (23)(63)1 p2019 52165 (08) 42891 (355) 18162 (322) 912 (48)

478195 275491 (-06)(34)2 p 139903 (81) 41735 (95) 20178 (173) 888 (42)

440008 279653 (28)(01)3 p 101031 (-54) 40175 (-68) 18287 (85) 862 (71)

Figures in brackets refer to year-on-year percentage changes括號內數字表示按年變動百分率

「初步數字」p ldquoPreliminary figuresrdquop

at current market prices ------ (contd)

表 16 按收入組成部分劃分的對外初次收入流量（以當時巿價計算）------（續）

百萬港元

HK$ million

Outflow total

流出總計

Net EPIF

流量淨值

對外初次收入

of employeesincome

CompensationOther investmentincome

證券投資收益

incomeDirect investment

income outflow

直接投資收益

Total external primary

對外初次收入流出總額季年

Year Quarter

2009 49762(47)3204(-602)42120(-154)67829(-42)624301(-123)737453

2010 37596(171)3752(-449)23226(62)72003(270)793165(210)892145

2011 52826(150)4315(614)37486(190)85684(108)879040(128)1006526

2012 29455(92)4710(05)37678(90)93358(53)926032(55)1061779

2013 40519(81)5090(-17)37049(123)104802(76)996107(77)1143049

2014 46607(84)5518(325)49080(74)112581(45)1040947(57)1208126

2015 44376(66)5880(15)49804(32)116172(17)1058225(18)1230080

2016 62593(78)6338(141)56804(-64)108716(-18)1039084(-16)1210941

2017 115552(76)6822(627)92444(72)116537(50)1091310(79)1307113

2018 134815(73)7322(709)157983(185)138077(93)1192379(144)1495761

(73) (63) 8117233082 (93) 11647 (277) 1342 (96) 1069025418812014

(69) (49) 58237287059 (127) 12577 (328) 1362 (81) 88763592352

(92) (86) 34515266848 (91) 12210 (250) 1396 (76) 70473149693

(-07) (-14) 11712253957 (-166) 12646 (455) 1417 (83) 199932797334

(173) (153) 15683268697 (932) 12245 (51) 1432 (67) 690529805712015

(13) (37) 53100297558 (-88) 11951 (-50) 1450 (65) 299733640592

(-58) (-69) 34615248304 (03) 12392 (15) 1488 (66) 46422967993

(-31) (-41) 12773243666 (91) 13215 (45) 1511 (66) 28572711664

(-164) (-169) 10933223401 (-303) 13169 (75) 1549 (82) 1892924905212016

(-27) (-31) 51162288398 (-36) 13147 (100) 1567 (81) 330313542742

(61) (74) 32553266572 (-60) 14250 (150) 1593 (71) 60993149683

(79) (70) 14068260712 (101) 16238 (229) 1629 (78) 45352926474

(76) (58) 12721236356 (164) 17241 (309) 1676 (82) 1895826799212017

(02) (-19) 47555282863 (-71) 22938 (745) 1678 (71) 527283550342

(111) (64) 39691283703 (219) 24786 (739) 1716 (77) 259433498963

(142) (106) 16570288388 (178) 27479 (692) 1753 (76) 179233341904

(222) (186) 14382280306 (131) 31043 (801) 1760 (50) 1990132749112018

(149) (93) 59292309249 (247) 37654 (642) 1820 (85) 546764080152

(136) (76) 47346305398 (193) 42753 (725) 1864 (86) 423033973613

(86) (31) 17058297426 (29) 46533 (693) 1877 (71) 179353628944

(57) (15) 17085284534 (188) 42668 (374) 1916 (89) 230063462031p

(22) (08) 62011311849 (46) 41348 (98) 1969 (82) 610194171762p

(03) (15) 47095309860 (-05) 39776 (-70) 2003 (75) 412743987343p

表 17　實質本地總收入實質本地居民總收入

Table 17 Real Gross Domestic Income real Gross National Income (RGNI)及按人口平均計算的實質本地居民總收入 ( 以2017年環比物量計算 )

and per capita RGNI in chained (2017) dollars

按人口平均計算的實質本地居民總收入

實質本地居民總收入

季年

Quarter

Per capita RGNI

實質本地總收入

RGNIReal Gross Domestic

Income

(百萬港元)

(HK$ million) (HK$ million)

(百萬港元)

(港元)

2057682 (-48)303794(-46)2118295(-19)2009

2150986 (29)312604(37)2195790(45)2010

2239410 (41)325289(48)2300315(41)2011

2263210 (-13)321097(-02)2295873(11)2012

2343858 (36)332664(40)2388161(36)2013

2402216 (19)339105(27)2451563(25)2014

2497618 (29)348857(38)2543618(40)2015

2560830 (26)357809(32)2625102(25)2016

2659384 (49)375412(57)2774936(38)2017

2743006 (27)385632(35)2873347(31)2018 r

-(41)57382812014 585251 (41)

-(27)5590972 568514 (10)

-(16)6186573 626125 (26)

-(18)6506344 671673 (29)

-(40)59692012015 604076 (32)

-(52)5883062 619464 (90)

-(38)6423273 647112 (34)

-(30)6700654 672966 (02)

-(23)61091412016 630428 (44)

-(24)6024852 636468 (27)

-(20)6548613 661070 (22)

-(34)6925704 697136 (36)

-(43)63726012017 656368 (41)

-(45)6298402 682698 (73)

-(34)6772983 703119 (64)

-(32)7149864 732751 (51)r -(47)66735212018 686753 (46)r -(35)6519182 704845 (32)r -(27)6958173 736507 (47)r -(18)7279194 745242 (17)r -(14)67686112019 698836 (18)r -(03)6539112 711297 (09)r -(-33)6728323 711357 (-34)

不適用 - Not applicable-

explanatory notes

註釋 Explanatory Notes

本地生產總值的概念與編製方法 Concepts and methods for compiling GDP

1 本地生產總值指一個經濟體的所有居民生

產單位在一個指定的期間內（一般是1年或1季）未扣除固定資本消耗的生產總值如果一

個生產單位以一個經濟體的經濟領域為主要經

濟利益中心這生產單位就是該經濟體的居民生

產單位以個人而言居民指在該經濟體的經濟

領域內通常居留的人與其國籍無關如某人已

在該經濟體居留至少12個月或打算這樣做即

被視為在該經濟體通常居留以機構而言居民

指在該經濟體的經濟領域內通常經營業務的機

構經濟領域指該經濟體的政府有效管治的地

1 GDP is a measure of the total value of production of all resident producing units of an economy in a specified period (typically a year or a quarter) before deducting the consumption of fixed capital A producing unit is considered as a resident in an economy if it maintains a centre of predominant economic interest in the economic territory of that economy For individuals residents refer to those who normally stay in the economic territory of the economy irrespective of their nationality If an individual has stayed in the economy for at least 12 months or intends to do so he she is considered as normally staying in that economy For organisations residents refer to those which ordinarily operate in the economic territory of the economy The economic territory is the geographic territory under the effective control of the government of that economy

2 1997年7月1日香港成為中華人民共和國

的特別行政區根據「一國兩制」原則香港與

中國內地進行的交易視作國際交易（如貨品貿易

及服務貿易）

2 On 1 July 1997 Hong Kong became a Special Administrative Region of the Peoplersquos Republic of China Under the ldquoOne Country Two Systemsrdquo principle transactions with the mainland of China are treated as international transactions (eg trade in goods and trade in services)

3 一個經濟體的按人口平均計算的本地生產

總值指把該經濟體在某統計年的本地生產總值

除以該經濟體在同年的年中人口總數所得的數

3 Per capita GDP of an economy is obtained by dividing the total GDP in a year by the mid-year population of that economy in the same year

4 本地生產總值可從不同方法計算就香港而

言以當時價格及以物量計算的按年本地生產總

值數字均以「開支面」及「生產面」編製至於

按季本地生產總值以物量計算的數字以「開支

面」及「生產面」編製而以當時價格計算的按

季本地生產總值則只以「開支面」編製

4 GDP can be measured using different approaches For Hong Kong annual GDP at current prices and in volume terms are compiled using both the ldquoexpenditure approachrdquo and the ldquoproduction approachrdquo For quarterly GDP volume measures are compiled using both approaches while quarterly GDP at current prices is compiled using the ldquoexpenditure approachrdquo only

5 進行有關經濟結構的分析較適宜使用以當

時價格計算按經濟活動劃分的按年本地生產總

值數列而不是按季本地生產總值數列因為按

季數據很多時會有大幅波動統計先進的經濟體

的普遍做法都只是按年而不是按季公布以當時

價格計算按經濟活動劃分的本地生產總值

5 For analysis relating to economic structure it is more appropriate to use annual rather than quarterly series of current price GDP by economic activity This is because quarterly data are often subject to large fluctuations It is a common practice of statistically advanced economies to publish current price GDP by economic activity on annual rather than quarterly basis

6 香港的本地生產總值統計數字是根據

《2008年國民經濟核算體系》的國際統計標準

編製而成的

6 Statistics on GDP of Hong Kong are compiled in accordance with the international statistical standards as stipulated in the System of National Accounts 2008 (2008 SNA)

按開支組成部分劃分的本地生產總值 GDP by expenditure component

7 以開支面編製的本地生產總值是把用在貨

品及服務方面的最終開支（包括私人消費開支

政府消費開支本地固定資本形成總額存貨增

減以及貨品出口及服務輸出）的總和減去貨品

進口及服務輸入各開支組成部分的詳細說明如

7 Under the expenditure approach GDP is compiled as the total final expenditures on goods and services (including private consumption expenditure government consumption expenditure gross domestic fixed capital formation changes in inventories and exports of goods and services) less imports of goods and services Details of the expenditure components are described below

(i) 私人消費開支指住戶和為住戶服務的私

人非牟利機構用在貨品及服務方面的最

終消費開支總值計算方法是把本地市

(i) Private consumption expenditure refers to the total value of final consumption expenditure on goods and services by households and private non-profit institutions serving households It is calculated as the

場內有關貨品及服務方面的消費開支

加上本地居民在境外的開支減去非本

地居民在本地市場的開支

sum of consumption expenditure on goods and services in the domestic market and the expenditure of residents abroad less the expenditure of non-residents in the domestic market

(ii) 政府消費開支指非參與商業活動的各個

政府部門及半政府非牟利機構用於消費

貨品及服務的開支政府消費開支的計

算方法是把僱員報酬加上購買貨品及服務的開支扣除銷售貨品及服務的收

入參與商業活動的政府單位並不包括

在內這些政府單位和非參與商業活動

政府部門的分別在於前者生產的貨品

及服務主要用作售予市民使用

(ii) Government consumption expenditure refers to the expenditure on consumption goods and services by government departments which are not engaged in market activities and quasi-government non-profit institutions It is calculated as the sum of compensation of employees and purchases of goods and services less receipts from sales of goods and services Government units engaged in market activities are not covered They are distinguished from other government departments in that they are engaged in the production of goods and services prinicipally for sale to the public

(iii) 本地固定資本形成總額包括樓宇及建

造以及機器設備及知識產權產品（包

括電腦軟件資料庫和研究及發展）的

投資開支總值和擁有權轉讓費用這些

統計數字是按公營及私營部門分類列

出公營部門指政府部門半政府機構

和公營機構根據資產擁有權分類出

租公屋的建築開支屬公營部門開支而

「居者有其屋計劃」的建築開支則屬私

營部門開支私營部門的樓宇及建造開

支亦包括地產發展商從新建樓宇工程所

得的毛利

(iii) Gross domestic fixed capital formation covers the gross value of investment expenditure on building and construction as well as machinery equipment and intellectual property products (including computer software databases and research and development) and costs of ownership transfer Statistics are classified into public and private sectors Public sector includes government departments quasi-government institutions and public corporations According to the ownership criterion for classifying fixed assets into public and private sectors construction expenditure on public rental housing is classified to the public sector whereas that on Home Ownership Scheme is classified to the private sector Private sector expenditure on building and construction also includes real estate developersrsquo margin of new building projects

(iv) 存貨增減指商業機構（主要是製造商及

分銷商）所持有的半製成品原料及各

類貨品的存貨量的實質增減價值

(iv) Changes in inventories refer to the value of physical change in the inventories of work-in-progress raw materials and all kinds of goods held by business enterprises mainly manufacturers and distributors

(v) 貨品出口及進口貨品出口包括以離岸

價計算的本地產品出口及貨品轉口貨

品進口亦是以離岸價計算的非貨幣黃

金的進出口亦包括在內除載列於表9及表10的數字外本報告所刊載的貨品出

口及進口數字是根據《2008年國民經

濟核算體系》的標準採用所有權轉移

原則記錄外地加工貨品及轉手商貿活動

編製而成的輸往外地加工的貨品及加

工後運回香港的貨品不會記錄在貨品

貿易內而所支付給加工單位的加工

費則會記錄在服務貿易內（作為服務

輸入）至於透過分判加工程序生產

在加工後沒有運回香港而直接售給香港

以外地方的貨品由於涉及所有權轉

移有關貨品會記錄在貨物出口內而

在轉手商貿活動下因該些貨品涉及實

際買賣活動故此儘管有關貨品並沒有

進出香港有關貨品也會記錄在貨品貿

易內

(v) Exports and imports of goods Exports of goods include domestic exports and re-exports of goods recorded on free-on-board (fob) basis Imports of goods are also valued on fob basis Exports and imports of non-monetary gold are also included Apart from figures presented in Tables 9 and 10 figures on exports and imports of goods in this report are compiled based on the change of ownership principle in recording goods sent abroad for processing and merchanting under the standards stipulated in the 2008 SNA For goods sent abroad for processing and subsequently returned to Hong Kong they are not recorded as trade in goods Instead the processing fees paid to the processing units are recorded as trade in services (as imports of services) For goods manufactured through sub-contract processing arrangement which are subsequently sold to places outside Hong Kong without having been imported into Hong Kong after processing they are recorded as exports of goods since a change of ownership is involved Goods which involve actual buying and selling activities under merchanting are also recorded as trade in goods despite the fact that these goods do not enter or leave Hong Kong

(vi) 服務輸出及輸入指一個經濟體的本地居

民與非本地居民之間進行的交易除載

列於表9及表10的數字外本報告刊載的

服務輸出及輸入數字是根據《2008年國民經濟核算體系》的標準採用所有

權轉移原則編製而成的服務組成部分

包括運輸旅遊金融服務製造服務

以及多種不同類別的服務當中包括保

險及退休金服務與貿易相關的服務

商業及專業服務

(vi) Exports and imports of services represent transactions between residents and non-residents of an economy Apart from figures presented in Tables 9 and 10 figures on exports and imports of services in this report are compiled based on the change of ownership principle under the standards stipulated in the 2008 SNA The service components include transport travel financial services manufacturing services and a wide variety of services including insurance and pension services trade-related services business and professional services

按經濟活動劃分的本地生產總值 GDP by economic activity

8 以生產面編製的本地生產總值是所有居民

生產單位的淨產值總額淨產值是以增加價值來

量度其定義是生產總額減去中間投產消耗（指

在生產過程中所消耗的貨品及服務的價值）每

一生產單位均會為「增加價值」進行生產把所

有居民生產單位的增加價值直接相加起來便可

獲得整個經濟體沒有重複計算的產值總額要獲

得以市價計算的本地生產總值必須把產品稅加

進各經濟活動以基本價格計算的增加價值總額

8 Under the production approach GDP is an aggregate measure of the total value of net output of all resident producing units Net output is measured by value added which is defined as the value of gross output less the value of intermediate consumption (that is the value of goods and services used up in the course of production) Each producing unit works to ldquoadd valuerdquo Summation of the value added of all resident producing units gives an aggregate measure of the total output of the economy which is free of double counting To arrive at GDP measured at market prices it is necessary to add taxes on products to the sum of value added of various economic activities measured at basic prices

9 以基本價格計算的增加價值的定義是以基

本價格計算的生產總額減去以購買者價格計算

的中間投產消耗基本價格是生產者生產一個單

位的貨品或服務在扣除任何產品稅但包括產品

補貼後所收取的價值以基本價格計算的增加價

值更能反映生產者實際支付及收取的價格

9 Value added at basic prices is defined as the value of gross output at basic prices less intermediate consumption valued at purchasersrsquo prices Basic price is the amount receivable by a producer for a unit of good or service provided which excludes any taxes on the product concerned but includes subsidies on the product Value added at basic prices can better reflect the prices actually paid and received by producers

10 按經濟活動劃分的本地生產總值提供數

據以助對各行業進行不同角度的分析首先

以當時價格計算按經濟活動劃分的按年本地生

產總值可以用來分析各經濟行業相對重要性的

較長期趨勢有助展示經濟根本結構的變化第

二以物量計算按經濟活動劃分的本地生產總值

按年變動百分率可提供數據幫助評估不同經濟

行業的相對表現第三以物量計算按經濟活動

劃分的本地生產總值可以用來分析不同經濟行

業對整體經濟增長的貢獻有助了解一個經濟體

的經濟增長來源

10 GDP by economic activity provides data to support sectoral analyses from various perspectives First annual current price GDP by economic activity provides data for analysing the longer-term trend in the relative importance of various economic sectors This helps depict changes in the underlying economic structure Second the year-on-year percentage change of volume measures of GDP by economic activity provides data for assessing the relative performance of different economic sectors Third volume measures of GDP by economic activity provide data for analysing the contribution of different economic sectors to overall economic growth This facilitates analysis of the source of growth of an economy

11 按經濟活動劃分的本地生產總值統計數字

是採用「香港標準行業分類20版」把經濟活動

分類編製而成的在國民經濟核算的架構內還

需包括一項名為樓宇業權的額外經濟活動

11 Statistics on GDP by economic activity are compiled by adopting the Hong Kong Standard Industrial Classification (HSIC) Version 20 in classifying economic activities Under the framework of national accounts an additional economic activity entitled ownership of premises is also covered

12 在國民經濟核算中樓宇業權被視為一項經

濟活動涵蓋（甲）住宅自住業主假定向本身

提供的租賃服務以及（乙）業主以個人身分向

租客提供的租賃服務

12 Ownership of premises is treated as an economic activity in national accounts This activity covers (a) the leasing services assumed to be provided by residential owner-occupiers to themselves and (b) the leasing services provided to tenants by owners of premises in individual capacity

以環比物量計算的本地生產總值 Chain volume measures of GDP

13 概念上以當時價格計算的本地生產總值隨

時間的變動可被分解成兩個部分（甲）所生產

或購買的貨品及服務的價格變動及（乙）其物

量的變動要量度本地生產總值及其組成部分的

物量增長須撇除價格變動的影響以物量計算

的本地生產總值的按年變動提供一個量度某經

濟體的「實質」增長的指標

13 Conceptually changes over time in the GDP at current prices can be factored into two components reflecting (a) changes in the prices of goods and services produced or purchased and (b) changes in their volumes In order to measure the volume growth of GDP and its components the effect of price changes has to be eliminated The year-on-year change in the volume measure of GDP gives a measure of the ldquorealrdquo growth of an economy

14 以物量計算的本地生產總值及其組成部

分是採用按年重訂權數及環比連接法編製而成

的在編製某一年度的本地生產總值的物量估計

時首先是根據對上一年的價格重新計算本地生

產總值各個主要組成部分的物量估計編製的方

法是就各個組成部分中的最細分項目採用相關

的價格指數「平減」以當時價格計算的數值（或

在某些情況下以對上一年的價格及當時數量重

新計算數值）本地生產總值的物量估計是把按

對上一年價格計算的各個主要組成部分的物量

估計涵總而得出由於價格變動的因素已被撇

除物量估計可反映本地生產總值的實質增長

根據對上一年權數所編製的以物量計算的本地

生產總值及其組成部分再以環比的方式連接到

所選定的參照年便可得出以環比物量計算的本

地生產總值及各組成部分的連續時間數列

14 To compile the volume measures of GDP and its components the annually re-weighted chain linking approach is adopted For a particular year the volume estimates of major components of GDP revalued at preceding year prices are first derived by ldquodeflatingrdquo the current price values of sub-components by the relevant price indices (or in some cases by revaluing the current period quantities at preceding year prices) at the most disaggregated levels The volume estimate of GDP is then obtained by aggregating the volume estimates of GDP major components revalued at preceding year prices With the effect of price changes eliminated the volume estimate reflects the real growth of GDP The preceding-year weighted volume measures of GDP and its components are chain linked to a selected reference year in order to obtain a continuous time series of the chain volume measures of GDP and its components

15 就以環比物量計算的本地生產總值而言基

年原則上是對上一年就統計方法而言這與以

固定價格計算的本地生產總值數列作每年更新

基年的效果相同以環比物量計算的本地生產總

值採用了最新的價格結構作為權數來涵總各組

成部分的物量估計因此能較佳地量度一個經濟

體的實質增長率

15 For the chain volume measures of GDP the base year is always the preceding year in principle Statistically speaking it has the same effect of rebasing the constant price GDP series every year The chain volume measures of GDP take account of the up-to-date price structures as weights in aggregating the volume estimates of the GDP components thus providing a better measure of the real growth rate of an economy

16 環比物量指數數列是可以轉換為以環比物

量計算的價值的方法是把相關的環比物量指

數乘以參照年的以當時價格計算的數值換言

之以環比物量計算的價值是應用環比物量指

數作為外推指標以外推法把參照年的以當時

價格計算的數值向前及向後推算因此根據

以環比物量計算的價值所計算的本地生產總值

及其組成部分的實質增長率與根據相應的環

比物量指數所計算的實質增長率是相同的由

於在編製以環比物量計算的數列時本地生產

總值及其組成部分的外推過程是獨立地進行

（以確保不影響本地生產總值及其組成部分過

往的實質增長率）所以參照年以前時段的以

環比物量計算的本地生產總值與其以環比物量

計算的組成部分的總和可能出現差額應注意

的是環比物量價值出現不可相加的性質純粹

是基於數學理由因此有關差額不應被視為反

映本地生產總值統計數字的數據質素的指標

16 The chain volume index series can be converted into the chained dollar series by multiplying the chain volume index for each year by the current price value for the reference year In other words the chained dollar series is derived by extrapolation of the current price value for the reference year backward and forward using the chain volume index as the extrapolator Thus real growth rates of GDP and its components calculated from the chained dollar estimates are the same as those calculated from the corresponding chain volume indices As the extrapolation process is carried out for GDP and its components independently in calculating the chained dollar series (in order to preserve the historical real growth rates of GDP and its components) discrepancies may exist between the chain volume measure of GDP and the sum of the chain volume measures of its components for periods prior to the reference year It should be noted that such non-additivity arises from purely mathematical reasons the discrepancies should not be interpreted as an indicator to reflect the data quality of GDP statistics

17 編製以物量計算按開支組成部分劃分的本

地生產總值時會採用一個標準平減物價方法

每個開支組成部分物量數值的計算方法是把經

平減物價的各個分項組成部分加起來把以物量

計算的各個開支組成部分進一步相加起來便取

得以物量計算的本地生產總值

17 In compiling GDP by expenditure component in volume terms a standard deflation approach is adopted The volume measure of each expenditure component is obtained by adding up the respective deflated sub-components The volume measures of the expenditure components are further aggregated to arrive at the volume measure of GDP

18 本地生產總值的內含平減物價指數（或簡稱

本地生產總值平減物價指數）的變動率可用作

概括地量度一個經濟體的整體通貨膨脹這個指

數涵蓋有關消費投資和進出口的價格變動

18 The rate of change in the implicit price deflator of GDP (or GDP deflator in short) can be used as a broad measure of overall inflation in an economy It takes account of all price changes relating to consumption investment exports and imports

19 要計算本地生產總值及其開支組成部分的

內含平減物價指數須把以當時價格計算的有關

數值除以相應的以物量計算的數值然後再乘以

100換言之本地生產總值及其開支組成部分

的內含平減物價指數並不是用以計算相關的以

物量計算的數值的

19 The implicit price deflators of GDP and its expenditure components are obtained by dividing the respective current price values by the corresponding volume measures and then multiplying by 100 Hence as it stands the implicit price deflators of GDP and its expenditure components are not used as inputs for compiling the corresponding volume measures

20 隨着政府統計處過去多年不斷發展和加強

按月及按季經濟統計調查更多經濟數據得以齊

備包括短期經濟指標（如服務業的按季業務收

益）和為某些選定服務行業編製生產者價格指

數生產者價格指數旨在量度本地生產者就其產

品及服務所收取價格的平均變動生產者價格是

指生產者對其產品及服務所收取的實際交易價

格即已扣除任何退回買家的折扣回佣或津

貼但包括生產者收取的附加費用有了這些齊

備的數據使編製以物量計算按經濟活動劃分的

按季本地生產總值得以實行

20 With the continuous development and enhancement of monthly and quarterly economic surveys conducted by the Census and Statistics Department (CampSD) over the past years more economic data are available including the availability of short-term economic indicators (eg quarterly business receipts of service industries) and producer price indices (PPIs) for selected service industries PPI is a measure of the average change in prices of goods and services received by local producers Producer prices are transacted prices of their goods and services net of any discounts rebates or allowances given to buyers but including surcharges received by producers The availability of such data enables the compilation of quarterly volume measures of GDP by economic activity

21 就香港而言以物量計算按經濟活動劃分的

本地生產總值一般用4種方法編製（甲）以前

一年增加價值單一外推編算方法所用的外推指

標是經平減的生產總額（例如經生產者價格指數

平減的業務收益）（乙）以前一年增加價值單

一外推編算方法所用的外推指標是物量數量

數據（例如貿易量和產品的實質數量）（丙）

以前一年增加價值單一外推編算方法所用的外

推指標是投入指標（例如工作時數）及（丁）

雙指標編算方法一些統計先進的經濟體編製以

物量估計的按季增加價值時普遍採用首兩個方

法香港也較多採用這兩個方法有關詳細方法

和指標請參考2020年3月出版的《2019年本地

生產總值》第4節

21 The volume estimates of GDP by economic activity in Hong Kong are generally compiled using four methods (a) single extrapolation of previous year value added by deflated gross output measures (eg business receipts deflated by PPI) (b) single extrapolation of previous year value added by volume quantity measures such as volume of trade and physical units of outputs (c) single extrapolation of previous year value added by input indicators such as hours worked and (d) double indicators method The first two methods are most frequently applied in Hong Kong for compiling quarterly volume estimates of value added as in some statistically advanced economies For detailed methods and indicators used please refer to Section 4 of the 2019 Gross Domestic Product published in March 2020

編製本地生產總值的數據來源 Data sources for compiling GDP

22 編製按開支組成部分劃分的本地生產總值

的數據來源包括對外貿易統計數字對工商機

構及住戶進行的按年按季及按月統計調查政

府帳目以及政府部門和其他組織的行政數據

22 Data sources for compiling GDP by expenditure component include external trade statistics annual quarterly and monthly surveys on industrial business establishments and on households government accounts and administrative data from government departments and other organisations

23 至於按經濟活動劃分的按年本地生產總值

數字數據來源主要是根據涵蓋所有主要經濟活

動的「經濟活動按年統計調查」以及行政紀錄所

得的數據而編製按季物量估計的數據來源主

要包括對工商機構及住戶進行的按季及按月統

23 As for GDP by economic activity data sources for compiling annual figures mainly include data collected from Annual Survey of Economic Activities which covers all major economic activities and administrative records Data sources for compiling quarterly volume estimates mainly include

計調查政府帳目以及政府部門和其他組織的

行政數據 quarterly and monthly surveys on industrial business establishments and on households government accounts and administrative data from government departments and other organisations

本地生產總值的發表形式 Presentation of GDP

24 在引進以物量計算按經濟活動劃分的按季

本地生產總值後以開支面編製的本地生產總值

仍會繼續用作單一本地生產總值數字以開支面

編製的本地生產總值已編製了一段長時間可準

確和及時地量度經濟實質增長

24 Notwithstanding the introduction of the quarterly volume measures of GDP by economic activity the practice of using GDP compiled by the expenditure approach as the single measure of GDP is to continue GDP compiled by the expenditure approach has been produced for a long time providing a timely and accurate measure of economic growth in real terms

25 統計差額指以當時價格計算以開支面編製

的本地生產總值與以生產面編製的本地生產總

值之間的差額這差額是由於在編製過程中數據

來源及估算方法有所不同而引致的

25 Statistical discrepancy refers to the difference in values of current price GDP compiled using the expenditure and production approaches as a result of the adoption of different data sources and estimation methods in the compilation processes

本地生產總值數據發布的名稱法 Nomenclature for data release of GDP

26 在香港首次公布的某一期間的按開支組成

部分劃分的本地生產總值數字稱為「預先估計數

字」至於按經濟活動劃分的本地生產總值首

次公布的數字稱為「初步數字」當獲得更多數

據後已發表的本地生產總值數字會作出修訂

繼預先估計或初步數字後公布的所有數字均稱

為「修訂數字」這些「修訂數字」在納入更多

數據後在日後仍會作出進一步定期修訂這例

行修訂符合國際一貫的做法即盡早採用部分數

據來編製和公布本地生產總值數字一般而言

已採納了全部定期資料來源所得的最終數據編

製而成的數字則為最終的數字

26 In Hong Kong the first released figures on GDP by expenditure component in respect of a period are called ldquoadvance estimatesrdquo For GDP by economic activity the first released figures are called ldquopreliminary figuresrdquo When more data become available both sets of GDP figures will be revised All those figures published subsequently after the advance or preliminary figures are called ldquorevised figuresrdquo These ldquorevised figuresrdquo are still subject to further regular revision later on when more data are incorporated This routine revision is in accordance with the international practice to compile and release GDP figures at the earliest possible time by using only partial data In general the figures are finalised when finalised data from all regular sources are incorporated

本地生產總值統計數字的修訂及公布 Revision and publication of GDP statistics

27 按開支組成部分劃分的按年本地生產總值

預先估計數字是在統計年度結束後約一個月公

布至於以當時價格計算按經濟活動劃分的按年

本地生產總值初步數字由於數據所限只能在

該統計年度結束後約11個月公布隨後已發

表的按年本地生產總值數字便會根據最新資料

作出修訂每年的最終數字會在該統計年度結束

後第3年的2月份公布

27 Advance estimates on annual GDP by expenditure component are released about one month after the reference year For annual GDP by economic activity at current prices preliminary figures are released about eleven months after the reference year because of data limitations Subsequently both sets of annual GDP figures are revised based on latest information available until they become finalised around the third February after the reference year

28 按開支組成部分劃分的按季本地生產總值

預先估計數字會在統計季度結束後約一個月以

新聞稿形式公布預先估計數字只包括整體本地

生產總值及其主要開支組成部分的實質增長這

些按季數列其後會根據最新資料作出修訂經修

訂的按季本地生產總值數字（及更詳細分項統計

數字）以及以當時市價計算的本地生產總值和

本地生產總值平減物價指數會在政府統計處網

站和《本地生產總值（季刊）》公布

28 Advance estimates on quarterly GDP by expenditure component are released about one month after the reference quarter in a press release The advance estimates include only the real growth of overall GDP and its major expenditure components The quarterly series is then revised and released based on latest information available The revised quarterly figures on GDP (and more detailed statistics) as well as the current price GDP and GDP deflator are released at the CampSD website and the Gross Domestic Product (Quarterly) Report

29 以物量計算按經濟活動劃分的本地生產總

值按季數列的初步數字會在統計季度結束後略

少於3個月以新聞稿形式公布編製按經濟活動

劃分的本地生產總值的時滯比編製按開支組成

部分劃分的本地生產總值的較長這是因為編製

以物量計算按經濟活動劃分的按季本地生產總

值所需的數據大部分是從以機構為統計調查單

29 Preliminary figures for quarterly series of volume measures of GDP by economic activity are released with a time lag of slightly less than three months after the reference quarter in a press release The time lag for producing GDP by economic activity is longer than that of GDP by expenditure component This is because the volume measures of quarterly GDP by economic activity are mainly compiled from data collected in various economic surveys on establishments for which more

位的各類經濟統計調查得來這些機構通常需要

較多時間填報數據給予政府統計處 time is normally required for the establishments to report data to CampSD

30 本報告內2017年及以後的數列在得到更

多數據時會作出例行修訂 30 In this report GDP series for years 2017 and onwards is

subject to routine revision as more data become available

31 除了例行修訂外政府統計處會按照慣常做

法不時對本地生產總值統計數字作非例行的技

術性修訂適當地納入最新的數據來源經改良

的估算方法以及國際標準定義和分類方法上

的改變這些都是不斷研究及發展本地生產總值

編製架構的成果持續提升本地生產總值統計數

字的質素和可靠性是符合國際一貫的做法的

在非例行修訂工作中本地生產總值及其組成部

分的整系數列可能會因應有關工作的範圍而作

出修訂

31 In addition to routine revisions it is an established practice of CampSD to undertake non-routine technical revision exercises from time to time to enhance the quality of Hong Kongrsquos GDP statistics by incorporating new data sources improved estimation methods and changes in international standards definitions and classifications where applicable which are results of continuous research and development on the GDP compilation framework This is in line with the international practice to improve the quality and reliability of GDP statistics on a continuous basis In a non-routine revision exercise the entire series of GDP and its components may be subject to revision in accordance with the scope of the exercise concerned

32 根據本地生產總值的首次估計和在3年後公

布已納入所有定期數據來源所得的修訂數字的

差異按季本地生產總值的按年實質增長率在5年期間的「平均修訂」1 一般在02個百分點或以

下同期的「平均絕對修訂」1 則少於05個百分

點「平均修訂」及「平均絕對修訂」分別量度

修訂的方向和幅度有助評估首次估計的可靠

32 Over a period of five years based on the differences between the first estimate of the GDP and the revised figure released three years later which has incorporated data from all regular sources the ldquoaverage revisionrdquo 1 of the year-on-year real growth rates of quarterly GDP is generally 02 point or less The ldquoaverage absolute revisionrdquo 1 over the same period is less than 05 point The ldquoaverage revisionrdquo and ldquoaverage absolute revisionrdquo measure the direction and size of revisions respectively and are useful for assessing the reliability of the first estimate

應用本地生產總值按季數字時須注意的要點 Caution on the use of quarterly GDP figures

33 本地生產總值按季數列提供最新資料用

作評估當時的經濟表現但在應用這些資料時

應當留意由於數據所限本地生產總值及其組成

部分的按季數列有時會作出重大修訂普遍來

說本地生產總值按季數列的準確程度較按年數

列為低

33 Quarterly GDP provides up-to-date information for assessing the current economic performance However users should note that quarterly series of GDP and its components are sometimes subject to large revision because of data limitations Generally speaking the quarterly series is less precise than the annual series

經季節性調整的本地生產總值 Seasonally adjusted GDP

34 本地生產總值按季數字是會受季節性變動

影響的例如第3季及第4季的本地生產總值

通常會高於同年的第1季及第2季因此在比

較兩個相連季度的本地生產總值數字時必須十

分小心不過如計算按年同季的增長率即是

把某一季的數字與對上一年同季比較則大致上

可剔除這些季節性效應

34 Quarterly GDP figures are subject to seasonal variations For instance the values of the GDP are normally higher in the third and fourth quarters than in the first and second quarters of the same year Therefore great care has to be exercised in comparing the value of a quarterly GDP with that for the preceding quarter Such seasonal effects nevertheless may be largely removed by calculating the year-on-year growth rate which compares a quarterly figure with the corresponding one in the preceding year

1 計算「平均修訂」(AR)和「平均絕對修訂」 (AAR)的方法如下 -

minus=n

AR sum=

minus=n

其中R t 是修訂數字Pt 是首次估計(Rt ndash Pt) 是修訂幅度而 n 是參考季度的數目

1 The ldquoaverage revisionrdquo (AR) and ldquoaverage absolute revisionrdquo (AAR) are calculated as follows -

minus=n

AR sum=

minus=n

where Rt is the revised figure Pt is the first estimate (Rt - Pt) is the extent of revision and n is the number of reference quarters

35 本地生產總值及其中一些開支組成部分（包

括私人消費開支政府消費開支貨品出口服

務輸出貨品進口及服務輸入）的經季節性調整

的按季數列現時皆有編製然而由於本地資

本形成總額並沒有明顯的季節性模式所以並沒

有就這個組成部分編製經季節性調整的數列

35 Seasonally adjusted data series is currently compiled for the quarterly series of the aggregate GDP and some of its expenditure components including private consumption expenditure government consumption expenditure exports of goods exports of services imports of goods and imports of services However seasonally adjusted data series is not compiled for gross domestic capital formation as no clear seasonal pattern is identified for this component

36 經季節性調整的本地生產總值數列由於已

使用統計方法剔除了季節性因素的影響所以兩

個相連季度的數字可以進行更有意義的比較把

本地生產總值原始季度數列的按年變動數字與

經季節性調整的本地生產總值數列的相連季度

變動數字一起進行分析便能更清楚顯示本地生

產總值的趨勢

36 In the seasonally adjusted GDP series since seasonal effects have been removed statistically figures for consecutive quarters can be compared more meaningfully When the year-on-year changes for the quarterly figures in the original GDP series and the quarter-to-quarter changes in the seasonally adjusted GDP series are analysed together the trend of the GDP can be more clearly discerned

37 經季節性調整的本地生產總值及其組成部

分的數列採用了「X-12自迴歸－求和－移動平

均」（X-12ARIMA）方法來編製該方法是應

用統計學方法從數列中剔除季節性效應的標準

方法經季節性調整的數列可隨着資料更新而作

出修訂

37 Seasonal adjustment of GDP and its components is performed using the X-12 ARIMA method which is a standard method used for removing seasonal effects from data series statistically Seasonally adjusted series may be revised as more data become available

各組成部分在本地生產總值的按年實質變

動百分率中所佔的比率 Component contribution to year-on-year rate of

38 本地生產總值各組成部分在本地生產總值

實質變動中所佔的比率可量度個別組成部分的

變動對本地生產總值變動的影響計算個別組成

部分 i在某季 t的本地生產總值的按年實質變動

百分率中所佔的比率的方法是把該組成部分 i在某季 t 的按年實質變動百分率乘以該組成部

分 i在對上一年相同季度內相對於本地生產總值

的物量比率而得來

38 The contributions of GDP components to the percentage change in real terms of GDP provide a measure of the composition of GDP rate of change that is attributable to changes in individual components The percentage point contribution of component i to the year-on-year percentage change of GDP in a particular quarter t is compiled by multiplying the year-on-year percentage change of component i in quarter t by the volume ratio of component i to GDP in the same quarter of previous year

本地居民總收入的概念與編製方法 Concepts and methods for compiling GNI

39 本地居民總收入指一個經濟體的居民透過

從事各項經濟活動而賺取的總收入不論該等經

濟活動是否在該經濟體的經濟領域內或外進

行換言之編製本地居民總收入應包括本地居

民在該經濟領域內或外從事各類經濟活動的收

入並扣除非本地居民在該經濟領域內從事經濟

活動的收入

39 GNI is a measure of the total income earned by residents of an economy from engaging in various economic activities irrespective of whether the economic activities are carried out within the economic territory of the economy or outside In other words in compiling GNI income earned by residents from engaging in various economic activities within or outside the economic territory are included whereas income earned by non-residents from engaging in economic activities within the economic territory are excluded

40 本地居民總收入的計算方法如下

本地居民總收入＝本地生產總值＋對外初次收入流量

淨值

＝本地生產總值＋本地居民從經濟領

域外所賺取的初次收

入－非本地居民從經濟

領域內所賺取的初次

收入

40 GNI is computed as follows

GNI = GDP＋Net external primary income flows

= GDP＋ Primary income earned by residents from outside the economic territory

－ Primary income earned by non-residents from within the economic territory

41 一個經濟體的按人口平均計算的本地居民

總收入指把該經濟體在某統計年的本地居民總

收入除以該經濟體在同年的年中人口總數所得

的數字

41 Per capita GNI of an economy is obtained by dividing GNI in a year by the mid-year population of that economy in the same year

42 根據「一國兩制」原則香港與中國內地之

間的初次收入流量視作對外初次收入流量並

涵蓋在香港的本地居民總收入數字內

42 Under the ldquoOne Country Two Systemsrdquo principle primary income flows between Hong Kong and the mainland of China are treated as external primary income flows and covered in Hong Kongrsquos GNI figures

43 對外初次收入流量的分類基本上跟隨香港

國際收支平衡統計內初次收入帳目的標準組成

部分這些收入組成部分包括直接投資收益

證券投資收益其他投資收益儲備資產收益

及僱員報酬

43 The classification of external primary income flows (EPIF) basically follows the classification of standard components of the primary income account of Hong Kongrsquos Balance of Payments These income components include direct investment income (DII) portfolio investment income (PII) other investment income (OII) income on reserve assets (RA) and compensation of employees (CE)

(i) 直接投資收益指一個經濟體的居民在該

經濟體的經濟領域外從直接投資所賺取

的收益及非居民在該經濟領域內從直

接投資所賺取的收益而直接投資者對

該等企業擁有持久利益及在其管理上具

有相當程度的影響力或話語權就統計

計算而言若投資者持有某企業10或

以上的表決權便視作對該企業的管理

具話語權這些收益的形式包括分派的

股息應佔的未派盈利公司間債務的

淨利息收益及租金總額對外投資於地

產亦屬一種直接投資根據統計慣例

一個經濟體的土地及其他不動產及實物

（如樓宇）只可由該經濟體的居民所

擁有假如一個香港居民在香港經濟領

域外擁有地產他她會被視為在該經

濟體擁有一間名義上的公司而這公司

則擁有該地產此名義公司與該地產的

法權擁有人的關係可視作直接投資關

(i) DII refers to earnings of residents of an economy from their direct investment outside the economic territory of the economy and earnings of non-residents from their direct investment within the economic territory in which direct investors acquire a lasting interest and a significant degree of influence or an effective voice in the management of the enterprises concerned For statistical purpose an effective voice is taken as being equivalent to a holding of 10 or more of the voting power in an enterprise These earnings are in the form of receipts of distributed dividends share of undistributed profits net interest receipts from inter-company debts and gross rentals External investment in real estate is also a form of direct investment By statistical convention land and other immovable structures and objects (eg buildings) in an economy can only be owned by residents of that economy If a Hong Kong resident owns real estate outside the economic territory of Hong Kong he she should be regarded as owning a nominal company in the economy in question which in turn owns the real estate The relationship between such nominal company and legal owner of the real estate is then treated as a direct investment relationship

(ii) 證券投資收益指本地居民從投資非本地

股權證券和債務證券（如中長期債券

貨幣市場工具）所得的收益及非居民

從投資本地股權證券和債務證券所得的

收益與直接投資者相比投資在非本

地企業所發行的股權證券及債務證券的

本地證券投資者在該等企業並無持久

利益或在管理方面沒有影響力凡持有

一間企業不足10的表決權均視為證券

投資

(ii) PII refers to earnings of residents from investment in non-resident equity securities and debt securities (eg bonds and notes money market instruments) and earnings of non-residents from investment in resident equity securities and debt securities Compared with direct investors portfolio investors of an economy holding equity securities and debt securities of non-resident enterprises have no lasting interest or influence in the management of the enterprises concerned A holding of less than 10 of the voting power in an enterprise is regarded as portfolio investment

(iii) 其他投資收益指對非居民的其他金融申

索及負債所引致的利息流入及流出而

這些收益並不屬於直接投資收益證券

投資收益或儲備資產收益其他投資包

括不可轉讓的貸款貨幣和存款貿易

信貸和預付款以及其他資產負債

應收及應付的利息收益須剔除金融中介

服務

(iii) OII refers to interest inflow and outflow arising from other financial claims on and liabilities to non-residents that are not classified as DII PII or income on RA Other investment includes non-marketable loans currency and deposits trade credits and advances and other assets liabilities Interest income receivable and payable should be net of financial intermediation services

(iv) 儲備資產收益指一個經濟體的金融當局

的儲備資產投資收益儲備資產是由一

個經濟體的金融當局（就香港而言即

香港金融管理局）控制的對外資產並

隨時可供金融當局用來應付國際收支平

衡的財務需要干預外匯市場以調節該

經濟體的貨幣匯率以及用作其他相關

目的（如維持大眾對貨幣及經濟的信

心及作為向外地借貸的基礎）該等

投資收益包括股權證券收益債務證券

收益及外幣存款利息收益等

(iv) Income on RA refers to investment earnings of the monetary authority of an economy from reserve assets Reserve assets are external assets that are readily available to and controlled by the monetary authority of an economy (which refers to the Hong Kong Monetary Authority in the case of Hong Kong) for meeting balance of payments financing needs for intervention in exchange markets to regulate the currency exchange rate of that economy and for other related purposes (such as maintaining confidence in the currency and the economy and serving as a basis for foreign borrowing) Examples of such investment earnings include equity securities earnings debt securities earnings and interest earned from foreign currency deposits

(v) 僱員報酬指非居民受僱於一個經濟體的

經濟領域內所賺取的勞工收益及本地

居民受僱於經濟領域外所賺取的勞工收

益包括工資薪金及其他現金或實物

報酬

(v) CE refers to labour income earned by non-residents from their employment within the economic territory of an economy and labour income earned by residents from their employment outside the economic territory It comprises wages salaries and other remuneration whether paid in cash or in kind

本地居民總收入的數據來源 Data sources for compiling GNI

44 本地居民總收入是根據本地生產總值數字

及從「對外申索負債及收益統計調查」所搜集

得有關對外初次收入流量的數據並輔以由其他

來源所得數據編製而成的這項統計調查是根據

《普查及統計條例》進行

44 GNI is compiled based on GDP figures and data on EPIF collected from the Survey of External Claims Liabilities and Income (SECLI) supplemented by data from other sources The survey is conducted under the provision of the Census and Statistics Ordinance

實質本地總收入實質本地居民總收入和本

地居民可支配總收入 Real Gross Domestic Income real Gross National

Income and Gross National Disposable Income

45 以對上一年價格計算的實質本地總收入是

把本地生產總值的物量數字加上貿易價格比率

變動的調整計算所得由於進出口價格的相對變

動引致以一定數量的出口產品所能換取的進口

產品有所改變這指標可反映實質生產量的對外

購買力計算貿易價格比率變動的調整是

minus )其中X為以當時價格計算的貨品出

口及服務輸出的總值Pm為貨品進口及服務輸

入的價格指數Px為貨品出口及服務輸出的價

格指數以環比物量計算的實質本地總收入是採

用按年重訂權數及環比連接法編製而成的

45 Real Gross Domestic Income (RGDI) at preceding year prices is calculated as the GDP in volume terms plus terms of trade adjustment It reflects the external purchasing power of the real output as the relative movements in import and export prices result in a varying volume of imports being exchangeable for a given volume of exports The terms of trade adjustment is

calculated as (PxX

minus ) where X is the total value of exports

of goods and services at current prices Pm the price index for imports of goods and services and Px the price index for exports of goods and services The RGDI in chained dollars is calculated using the annually re-weighted chain linking approach

46 實質本地居民總收入量度一個經濟體的居

民所賺取的總收入所帶來的實質購買力並考慮

了進出口價格的相對變動的影響以對上一年價

格計算的實質本地居民總收入是把實質對外初

次收入流量淨值加進實質本地總收入以環比物

量計算的實質本地居民總收入是採用按年重訂

權數及環比連接法編製而成的一個經濟體的按

人口平均計算的實質本地居民總收入指把該經

濟體在某統計年的實質本地居民總收入除以該

經濟體在同年的年中人口總數所得的數字

46 Real Gross National Income (RGNI) measures the real purchasing power of the total income earned by residents of an economy taking into account the relative changes in import and export prices RGNI at preceding year prices is obtained by adding RGDI to the real net EPIF The RGNI in chained dollars is calculated using the annually re-weighted chain linking approach Per capita RGNI of an economy is obtained by dividing RGNI in a year by the mid-year population of that economy in the same year

47 本地居民可支配總收入是把本地居民總收

入加上二次收入淨值計算而成這指標反映本地

居民可用於最終消費和儲蓄總額的收入

47 Gross National Disposable Income is derived as the GNI plus net secondary income It measures the income available to residents for final consumption and gross saving

有關刊物 Further reference

48 有關在本地生產總值編製架構中採用最新

國際統計標準作出技術性修訂後的結果請參考

2012年9月出版的《本地生產總值統計特刊》

48 For details on the results of the technical revision exercise to incorporate the latest international statistical standards in the GDP compilation framework please refer to the Special Report on Gross Domestic Product published in September 2012

49 有關本地生產總值及相關的國民經濟核算

統計的基本概念定義及編製方法的詳細資料

請參考《2019年本地生產總值》及《理解本地

生產總值及本地居民總收入的概念》小册子

49 For details about the basic concepts definitions and compilation methodology of GDP and related national accounts statistics please refer to the 2019 Gross Domestic Product annual report and the pamphlet Understanding the Concepts of Gross Domestic Product and Gross National Income

50 有關以環比物量計算本地生產總值的詳

情請參考《本地生產總值統計特刊mdash本地生產

總值的環比物量計算》

50 For details on the chain volume measures of GDP please refer to the Special Report on Gross Domestic Product ndash Chain Volume Measures of Gross Domestic Product

51 數據用戶可以在政府統計處網站

(wwwcensta td govhkhkstat sub sp250_tc j sp)下載本地生產總值及本地居民總收入統計數

51 Data users may download GDP and GNI statistics from the CampSD website (wwwcenstatdgovhkhkstatsubsp250jsp)

獲取政府統計處刊物的方法

Means of Obtaining Publications of the Census and Statistics Department

網站 Website

用戶可以在政府統計處網站

(wwwcenstatdgovhkhkstat quickl ink index_tcjsp) 免費下載統計刊物

Users may download statistical publications free of charge from the Census and Statistics D e p a r t m e n t ( C amp S D ) w e b s i t e (wwwcensta td govhkhks tat quickl ink indexjsp)

政府統計處刊物出版組 Publications Unit of CampSD

政府統計處有少數特刊備有印刷版市民可

親臨政府統計處刊物出版組購買有關備有

印刷版的特刊資料市民可瀏覽政府新聞處

的政府書店網站 (wwwbookstoregovhk) 或聯絡政府統計處刊物出版組

A few ad hoc publications of CampSD are available in print versions These print versions are available for purchase at the Publications Unit of CampSD Regarding the details of the ad hoc publications with print versions users may browse through the Government Bookstore of the Information Services Department (wwwbookstoregovhk) or contact the Publications Unit of CampSD

政府統計處刊物出版組亦設有閱讀區陳列

政府統計處各類刊物的最新期號供讀者查

The Publications Unit of CampSD also provides a reading area where users may browse through the latest issue of various publications of the department on display

刊物出版組的地址是 The address of the Publications Unit is 香港灣仔港灣道 12 號灣仔政府大樓 19 樓電話(852) 2582 3025 圖文傳真(852) 2827 1708

19F Wanchai Tower 12 Harbour Road Wan Chai Hong Kong Tel (852) 2582 3025 Fax (852) 2827 1708

訂購服務 Order service

政府統計處有少數特刊備有印刷版於政府

新聞處的網上政府書店

(wwwbookstoregovhk) 有售市民亦可在政

府統計處網站 (wwwcenstatdgovhkservice_ desklistmailindex_tcjsp) 下載郵購表格並

將填妥的郵購表格連同所需費用的支票或

匯票寄回辦理

A few ad hoc publications of CampSD are available in print versions and are offered for sale at the On l ine Government Books tore o f t he I n f o r m a t i o n S e r v i c e s D e p a r t m e n t (wwwbookstoregovhk) A mail order form for ordering print versions of publications is also available for downloading on the w e b s i t e o f t h e d e p a r t m e n t (wwwcenstatdgovhkservice_desklistmail indexjsp) Completed form should be sent back together with a cheque or bank draft covering all necessary cost

Contents

概況

General Observations

統計表

Tables

主要統計表


表 2 經季節性調整的實質本地生產總值及本地生產總值內含平減物價指數 - 與對上季度比較的變動百分率 -






表 8 按主要服務組別劃分的服務輸出及輸入

補充統計表

表 9 根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製的貨品出口及進口與服務輸出及輸入

表 10 根據《2008年國民經濟核算體系》的標準（除了所有權轉移原則）編製的服務輸出及輸入（按服務組成部分劃分）


Main tables


Table 2 Seasonally adjusted GDP in real terms and implicit price deflator of GDP - Percentage change over the preceding quarter -

Table 3 Component contributions to year-on-year rate of change in real terms of GDP





Table 8 Exports and imports of services by major service group

Supplementary tables

Table 9 Exports and imports of goods and services based on the standards stipulated in the System of National Accounts 2008 other than the change of ownership principle

Table 10 Exports and imports of services by service component based on the standards stipulated in the System of National Accounts 2008 other than the change of ownership principle

（乙）按經濟活動劃分的本地生產總值



表 13 以環比物量計算按主要經濟活動劃分的本地生產總值

表 14 以環比物量計算選定經濟活動的增加價值






（丙）本地居民生產總值

表 15 本地居民總收入按人口平均計算的本地居民總收入及本地居民可支配總收入（以當時市價計算）

表 16 按收入組成部分劃分的對外初次收入流量（以當時市價計算）

表 17 實質本地總收入實質本地居民總收入及按人口平均計算的實質本地居民總收入（以2017年環比物量計算）


Table 15 Gross National Income (GNI) per capita GNI and Gross National Disposable Income (GNDI) at current market prices

Table 16 External primary income flows (EPIF) by income component at current market prices

Table 17 Real Gross Domestic Income real Gross National Income (RGNI) and per capita RGNI in chained (2017) dollars

註釋

本地生產總值的概念與編製方法

以環比物量計算的本地生產總值

編製本地生產總值的數據來源

本地生產總值的發表形式

本地生產總值數據發布的名稱法

本地生產總值統計數字的修訂及公布

應用本地生產總值按季數字時須注意的要點

經季節性調整的本地生產總值


本地居民總收入的概念與編製方法

本地居民總收入的數據來源

實質本地總收入實質本地居民總收入和本地居民可支配總收入

有關刊物

Explanatory Notes

Concepts and methods for compiling GDP

Chain volume measures of GDP

Data sources for compiling GDP

Presentation of GDP

Nomenclature for data release of GDP

Revision and publication of GDP statistics

Caution on the use of quarterly GDP figures

Seasonally adjusted GDP

Component contributions to year-on-year rate of change in real terms of GDP

Concepts and methods for compiling GNI

Data sources for compiling GNI

Real Gross Domestic Income real Gross National Income and Gross National Disposable Income

Further reference

