HK GDP 4Q2013

Eduardo Petazze
The Government of the Hong Kong Special Administrative Region release GDP data for the 4th. quarter of 2013 and the whole year of 2013
Hong Kong's GDP in 2013 grew 2.93%
Links:
Gross Domestic Product (Quarterly) (Fourth Quarter 2013) pdf, 66 pages
Gross Domestic Product (Yearly) (2013 Edition) pdf, 51 pages
2013 Economic Background and 2014 Prospects (Full report, pdf 195 pages)
2013 Economic Background and 2014 Prospects Presentation pdf, 16 pages
Outlook in 2014 pdf, 12 pages
The Hong Kong economy is projected to expand by 3%/4% in 2014
Medium-term outlook pdf, 3 pages
The following is a summary
2011
2012 r
2013 p (e)
Chained (2011) HK $ Mn
Agriculture, fishing, mining and quarrying
Manufacturing
Electricity, gas and water supply, and waste management
Construction
Services
Import/export, wholesale and retail trades
Import and export trade
Wholesale and retail trades
Accommodation and food services
Transportation, storage, postal and courier services
Transportation and storage
Postal and courier services
Information and communications
Financing and insurance
Real estate, professional and business services
Real estate
Professional and business services
Public administration, social and personal services
Ownership of premises
Taxes on products
GDP by Economic Activity
Residual
GDP
Private consumption expenditure
Government consumption expenditure
Gross domestic fixed capital formation
Inventories change
Exports
of Goods
of Services
Imports
of Goods
of Services
GDP (NSA)
Y/Y
Memo: GDP SA
Q/Q
Y/Y

2013
Q1 r

Q2 r

Q3 r

944
30,578
33,877
65,484
1,770,166
492,900
401,558
91,342
66,421
120,034
114,705
5,329
62,952
305,282
213,987
106,035
107,952
313,585
195,005
69,401
1,970,450
-36,017
1,934,433
1,224,402
168,517
455,294
11,742

914
30,336
34,368
70,922
1,801,223
502,095
404,103
97,992
67,603
121,128
115,458
5,671
64,683
307,850
220,663
110,195
110,468
320,083
197,118
62,210
1,999,973
-35,559
1,964,414
1,274,575
174,634
486,323
-3,022

931
30,342
34,019
73,806
1,855,334
521,049
413,265
107,782
70,342
123,341
116,972
6,368
67,513
324,752
221,403
106,896
114,504
328,839
198,098
57,580
2,052,013
-29,776
2,022,237
1,327,649
179,304
502,156
-919

218
6,901
7,503
18,566
443,598
116,817
92,296
24,520
17,532
30,739
29,319
1,421
16,810
79,313
55,096
27,653
27,442
78,233
49,059
15,613
492,399
-5,417
486,982
327,309
46,875
107,858
4,362

255
7,387
8,745
16,606
440,061
114,587
89,483
25,104
16,537
28,377
26,979
1,397
14,911
81,975
51,879
24,468
27,410
83,876
47,919
13,959
487,013
-5,728
481,285
334,336
42,754
129,304
-7,689

231
8,078
9,924
17,290
469,899
135,951
110,035
25,915
17,446
32,091
30,389
1,701
17,585
78,635
54,897
26,058
28,839
83,195
50,102
13,469
518,891
-6,513
512,378
318,528
44,441
128,020
-1,186

Q4 p (e)
227
7,976
7,847
21,344
501,776
153,694
121,451
32,243
18,827
32,134
30,285
1,849
18,207
84,829
59,531
28,717
30,813
83,535
51,018
14,539
553,710
-12,118
541,592
347,476
45,234
136,974
3,594

3,420,076
941,178

3,482,180
961,760

3,714,860
1,017,841

855,447
244,020

901,441
239,089

976,747
263,151

981,225
271,581

3,848,200
438,576
1,934,433
4.79%
1,934,433
4.79%
2011 r

3,964,957
447,079
1,964,414
1.55%
1,964,414
1.55%
2012 r

4,264,886
453,768
2,022,237
2.94%
2,022,237
2.94%
2013 r

986,293
112,596
486,982
2.89%
500,154
0.49%

1,051,676 1,100,289
106,274
117,034
481,285
512,378
3.09%
2.83%
503,155
506,677
0.60%
0.70%
2013
Q2 r
Q3 p
4.51%
-0.86%
0.31%
-0.90%
-2.48%
-0.36%
2.58%
8.78%
3.83%
2.45%
4.82%
1.88%
2.70%
0.87%
13.13%
6.41%
4.28%
3.44%
2.98%
2.37%
2.81%
1.24%
6.48%
27.89%
2.62%
4.65%
7.92%
6.36%
-0.25%
-0.22%
-5.94%
-4.30%
5.44%
3.78%
3.84%
2.26%
0.22%
0.43%
-12.04%
-7.89%
3.08%
2.24%
3.09%
2.83%
4.57%
2.41%
3.08%
2.33%
7.57%
2.84%

1,126,628
117,864
541,592
2.97%
512,251
1.10%

Q1 r
2.83%
0.48%
-1.68%
-1.37%
2.69%
5.10%
3.32%
12.42%
4.31%
-0.57%
-0.94%
7.65%
6.45%
3.70%
-0.25%
-2.53%
2.16%
2.10%
0.17%
-1.27%
2.30%
2.89%
6.54%
2.17%
-3.30%

Agriculture, fishing, mining and quarrying

0.85%
-3.18%
1.82%
Manufacturing
0.73%
-0.79%
0.02%
Electricity, gas and water supply, and waste management
0.63%
1.45%
-1.01%
Construction
18.32%
8.30%
4.07%
Services
5.19%
1.75%
3.00%
Import/export, wholesale and retail trades
9.09%
1.87%
3.78%
Import and export trade
6.34%
0.63%
2.27%
Wholesale and retail trades
22.20%
7.28%
9.99%
Accommodation and food services
8.34%
1.78%
4.05%
Transportation, storage, postal and courier services
7.24%
0.91%
1.83%
Transportation and storage
7.31%
0.66%
1.31%
Postal and courier services
5.63%
6.42%
12.29%
Information and communications
2.82%
2.75%
4.38%
Financing and insurance
6.52%
0.84%
5.49%
Real estate, professional and business services
2.59%
3.12%
0.34%
Real estate
1.84%
3.92%
-2.99%
Professional and business services
3.27%
2.33%
3.65%
Public administration, social and personal services
1.76%
2.07%
2.74%
Ownership of premises
0.72%
1.08%
0.50%
Taxes on products
-6.76%
-10.36%
-7.44%
GDP by Economic Activity
4.94%
1.50%
2.60%
GDP
4.79%
1.55%
2.94%
Private consumption expenditure
8.39%
4.10%
4.16%
Government consumption expenditure
2.45%
3.63%
2.67%
Gross domestic fixed capital formation
10.23%
6.82%
3.26%
Exports
of Goods
3.45%
1.82%
6.68%
8.79%
6.21%
6.18%
of Services
5.47%
2.19%
5.83%
5.11%
8.01%
5.52%
Imports
of Goods
4.74%
3.03%
7.56%
9.60%
7.63%
6.84%
of Services
3.51%
1.94%
1.50%
0.46%
-1.04%
2.69%
GDP
4.79%
1.55%
2.94%
2.89%
3.09%
2.83%
Own estimate
Note: Chain Volume Measures of Gross Domestic Product by Economic Activity for 4th Quarter 2013 will be released on March 21, 2014

Q4 e
0.28%
0.30%
0.49%
6.64%
3.08%
3.72%
2.45%
8.80%
4.19%
2.63%
2.30%
8.14%
3.72%
4.12%
1.93%
0.48%
3.32%
2.71%
1.15%
-8.58%
2.79%
2.97%
3.23%
3.16%
5.29%
5.82%
4.91%
6.48%
3.72%
2.97%