Hong Kong's third quarter gross national product rose to $454 billion, up 8.3% on the same period last year, the Census & Statistics Department says. Gross domestic product, estimated at $429.7 billion, grew 3.8%.

Compared with GDP, the value of GNP was larger by $24.3 billion, representing a net external factor income inflow of the same amount, and equivalent to 5.6% of GDP in that quarter.

After netting out the effect of price changes, Hong Kong's GNP rose 6% in real terms. This was higher than the corresponding increase of 1.7% recorded for GDP.

Total factor income inflow into Hong Kong, estimated at $235.2 billion and equivalent to 54.7% of GDP, rose 3.3% over a year earlier.

Total factor income outflow, estimated at $210.9 billion and equivalent to 49.1% of GDP of the same period, recorded a fall of 5% over a year earlier.

Taking the inflow and outflow together, a net external factor income inflow of $24.3 billion was recorded in the third quarter.