Hong Kong's Gross National Income rose 3.7% year-on-year to $737 billion, while Gross Domestic Product grew 4% to $714 billion, the Census & Statistics Department announced today.

The city’s GNI was larger than its GDP by $23 billion in the first quarter of 2019, which was equivalent to 3.2% of GDP in that quarter.

After netting out the effect of price changes, Hong Kong's GNI increased 1.2% in real terms compared to a year earlier, while the corresponding GDP grew 0.6%.

Total primary income inflow into Hong Kong - estimated at $369.2 billion and equivalent to 51.7% of GDP - was up 5.6% compared to the previous year.

Total primary income outflow - estimated at $346.2 billion and equivalent to 48.5% of GDP - increased 6.4% year-on-year.