Hong Kong's GNI climbed 4.7% to $517.5b

It's $12.6b larger than GDP.

In a report, the Census & Statistics Department announced that Hong Kong's Gross National Income rose 4.7% year-on-year to $517.5 billion in the first quarter.

Gross Domestic Product was estimated at $504.9 billion. Compared with GDP, GNI was $12.6 billion larger in value.

After netting out the effect of price changes, Hong Kong's GNI increased 2.1% in real terms over a year earlier while the corresponding GDP increased 2.8%.

Total primary income inflow into Hong Kong, estimated at $242.7 billion and equivalent to 48.1% of GDP in the first quarter, decreased 0.7% compared with a year earlier.

Meanwhile, total primary income outflow in the same period, estimated at $230.1 billion and equivalent to 45.6% of GDP, decreased 2.1%.

Taking inflow and outflow together, a net external primary income inflow of $12.6 billion was recorded.