Table A : Estimates of Gross National Product (GNP) and External Factor Income Flows (EFIF)
by Income Component (At Current Market Prices), 1993-1997
HK$ million, unless otherwise specified

Type of Income Component 1993 1994 1995 1996 1997

Direct Investment Income                
    Inflow * 83,643 116,262 (39.0) 112,810 (-3.0) 125,557 (11.3) 186,500 (48.5)
    Outflow 153,550 169,026 (10.1) 177,942 (5.3) 201,267 (13.1) 239,769 (19.1)
    Net Flow -69,906 -52,764   -65,132   -75,710   -53,269
 
Portfolio Investment Income                
    Inflow 68,656 66,482 (-3.2) 78,575 (18.2) 84,583 (7.6) 95,778 (13.2)
    Outflow 10,838 20,257 (86.9) 24,089 (18.9) 28,333 (17.6) 40,503 (43.0)
    Net Flow 57,818 46,225   54,486   56,250   55,275
 
Other Investment Income                
    Inflow 167,196 193,120 (15.5) 201,623 (4.4) 182,032 (-9.7) 177,530 (-2.5)
    Outflow 141,863 174,542 (23.0) 170,466 (-2.3) 162,385 (-4.7) 172,051 (6.0)
    Net Flow 25,334 18,579   31,157   19,647   5,480
 
Compensation of Employees                
    Inflow 100 141 (41.0) 270 (91.5) 549 (103.3) 820 (49.4)
    Outflow 100 141 (41.0) 270 (91.5) 549 (103.3) 820 (49.4)
    Net Flow 0 0   0   0   0
 
Total EFIF                  
    Inflow 319,596 376,005 (17.7) 393,278 (4.6) 392,721 (-0.1) 460,628 (17.3)
    Outflow 306,350 363,965 (18.8) 372,767 (2.4) 392,534 (5.3) 453,142 (15.4)
    Net Flow 13,245 12,040   20,511   188   7,486

GDP 897,463 1,010,885 (12.6) 1,077,145 (6.6) 1,192,048 (10.7) 1,345,891 (12.9)
Per capita GDP (HK$) 152,087 167,493 (10.1) 174,972 (4.5) 188,884 (8.0) 206,993 (9.6)
 
GNP 910,708 1,022,925 (12.3) 1,097,656 (7.3) 1,192,236 (8.6) 1,353,377 (13.5)
Per capita GNP (HK$) 154,331 169,488 (9.8) 178,304 (5.2) 188,914 (6.0) 208,145 (10.2)

Notes:
(1) * Figures for 1993 to 1996 have been revised to incorporate a more comprehensive coverage of direct investment
income inflow related to the mainland of China.
(2) Figures in brackets represent year-on-year percentage changes.
(3) Individual figures may not add up exactly to the total due to rounding.
(4) Inflow and outflow of compensation of employees are token estimates made with reference to survey data on
outflow of compensation of employees and upon the assumption that the inflow balances the outflow.

Last updated: 26 February 1999