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Link DetailsHK GNI dips 7.5% Hong Kong?s Gross National Income dropped 7.5% year-on-year to $698.7 billion in the second quarter, while Gross Domestic Product fell 8.1% to $637.9 billion, the Census & Statistics Department announced today.
The city?s GNI was larger than the GDP by $60.8 billion in the second quarter, which was equivalent to 9.5% of GDP in that quarter.
After netting out the price change effect, Hong Kong?s GNI decreased 8.2% in real terms compared to a year earlier, while the corresponding GDP fell 9%.
Total primary income inflow into Hong Kong - estimated at $442.4 billion and equivalent to 69.4% of GDP - was down 7.5% compared with the previous year.
Total primary income outflow - estimated at $381.6 billion and equivalent to 59.8% of GDP - decreased by 8.5% year-on-year. |
