and 2002. Although the Severe Acute Respiratory Syndrome (SARS)
outbreak also battered Hong Kong's economy, a boom in tourism from
the mainland because of China's easing of travel restrictions, a
return of consumer confidence, and a solid rise in exports resulted
in the resumption of strong growth in late 2003 and in 2004.
GDP (purchasing power parity):
$234.5 billion (2004 est.)
GDP - real growth rate:
7.9% (2004 est.)
GDP - per capita:
purchasing power parity - $34,200 (2004 est.)
GDP - composition by sector:
agriculture: 0.1%
industry: 11.3%
services: 88.6% (2004 est.)
Labor force:
3.54 million (October 2004 est.)
Labor force - by occupation:
manufacturing 7.5%, construction 2.9%, wholesale and retail trade,
restaurants, and hotels 43.7%, financing, insurance, and real estate
19.2%, transport and communications 7.9%, community and social
services 18.5%
note: above data exclude public sector (2004 est.)
Unemployment rate:
6.7% (2004 est.)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA
Inflation rate (consumer prices):
-0.3% (2004 est.)
Investment (gross fixed):
22.7% of GDP (2004 est.)
Budget:
revenues: $26.6 billion
expenditures: $31.7 billion, including capital expenditures of $5.9
billion (2004 est.)
Public debt:
2.1% of GDP (2004 est.)
Agriculture - products:
fresh vegetables, poultry, fish, pork
Industries:
textiles, clothing, tourism, banking, shipping, electronics,
plastics, toys, watches, clocks
Industrial production growth rate:
1% (2004 est.)
Electricity - production:
35.51 billion kWh (2003)
Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - consumption:
38.45 billion kWh (2003)
Electricity - exports:
3 billion kWh (2003)
Electricity - imports:
10.4 billion kWh (2003)
Oil - production:
0 bbl/day (2003 est.)
Oil - consumption:
257,000 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Natural gas - production:
NA
Natural gas - consumption:
680.9 million cu m (2001 est.)
Natural gas - exports:
0 cu m (2001 est.)
Natural gas - imports:
680.9 million cu m (2001 est.)
Current account balance:
$14.85 billion (2004 est.)
Exports:
$268.1 billion f.o.b., including reexports (2004 est.)
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