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HK's GNI surges 8.2 pct in Q4 2012

English.news.cn   2013-03-14 20:42:11            

HONG KONG, March 14 (Xinhua) -- Hong Kong's gross national income (GNI) rose to 562.7 billion HK dollars (about 72.5 U.S. dollars) in the fourth quarter of 2012, up 8.2 percent on the same period last year, the city's Census & Statistics Department announced Thursday.

According to the statistics, gross domestic product rose 7.2 percent to an estimated 556.6 billion HK dollars at the same time. Compared with GDP, Hong Kong's GNI was larger by 6.1 billion HK dollars, representing a net external primary income inflow of the same amount, and equivalent to 1.1 percent of GDP in that quarter.

After netting out the effect of price changes, Hong Kong's GNI increased 3.7 percent in real terms compared to the corresponding rise of 2.5 percent recorded for GDP.

For 2012 as a whole, GNI increased by 4.8 percent over a year earlier to 2,083.6 billion HK dollars at current market prices. After netting out the effect of price changes, Hong Kong's GNI increased slightly by 0.4 percent in real terms in 2012 over 2011. (1 U.S. dollars equals 7.76 HK dollars)

Editor: Wang Yuanyuan
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