The Hong Kong Page - the economy

the economy

1. Basic Statistics

some data (from Hong Kong Census and Statistics Department)

	Expenditure-	Per capita	Implicit price
	based real GDP	real GDP	GDP deflator
	(HK$ mn)	(HK$)	(1990 = 100)
1992	650,347	112,119	119.8
1993	690,223	116,967	130.0
1994	727,506	120,540	139.0
1995#	755,832	122,778	142.5
1996#	793,681	125,762	150.2
	# - estimated

External Trade Statistics (HK$ million)

		Domestic			Merchandise
	Import	exports	Re-exports	Total exports	trade balance
1993	1,072,597	223,027	823,224	1,046,250	-26,347
1994	1,250,709	222,092	947,921	1,170,013	-80,695
1995	1,491,121	231,657	1,112,470	1,344,127	-146,994
1996	1,535,582	212,160	1,185,758	1,397,917	-137,664
1997	1,615,090	211,410	1,244,539	1,455,949	-159,141

(HK$7.8 = US$1)

2. Previous Work

See Chou and Wong (1997) for

a summary of Hong Kong's growth record;
a summary of the estimates of the total factor productivity growth of Hong Kong by Young, Kim and Lau, and Färe and Grosskopf;
a new estimate of the factors of growth of Hong Kong.

See Sung and Wong (1997) for

an estimate of the contribution of China to Hong Kong's growth in terms of foreign direct investment in China, shrinkage of the local manufacturing sector, and immigration from China
how the China factor may change after the reversion of Hong Kong to China

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This page was last revised on September 09, 1998.