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24-15 Balance of Payments Account
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(HKD 100 million) |
| Standard Components¢Ù |
1999 |
2000 |
2001 |
2002@ |
2003@ |
| Current Account¢Ú |
798.16 |
551.93 |
775.31 |
982.41 |
1257.38 |
| Goods |
-245.01 |
-638.32 |
-649.70 |
-394.06 |
-449.70 |
| Services |
814.84 |
1102.70 |
1152.04 |
1357.36 |
1512.91 |
| Income |
347.77 |
217.68 |
411.74 |
166.98 |
341.28 |
| Current Transfers |
-119.43 |
-130.13 |
-138.78 |
-147.87 |
-147.11 |
| Capital and Financial Account¢Ú |
-833.74 |
-578.63 |
-973.59 |
-1511.79 |
-1514.50 |
| Capital Transfers |
-138.12 |
-120.44 |
-91.55 |
-156.86 |
-79.13 |
| Direct Investment |
405.11 |
199.76 |
969.48 |
-606.85 |
762.44 |
| Portfolio Investment |
2568.12 |
1907.82 |
-3220.45 |
-3024.84 |
-2371.43 |
| Financial Derivatives |
792.25 |
16.61 |
396.40 |
515.63 |
795.68 |
| Other Investment |
-3682.43 |
-1799.17 |
1337.83 |
1575.73 |
-546.18 |
| Reserve Assets (Net Change)¢Û |
-778.67 |
-783.21 |
-365.30 |
185.41 |
-75.89 |
| Net Errors and Omissions¢Ü |
35.57 |
26.70 |
198.29 |
529.38 |
257.12 |
| Overall Balance of Payments |
778.67 |
783.21 |
365.30 |
-185.41 |
75.89 |
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(in surplus) |
(in surplus) |
(in surplus) |
(in deficit) |
(in surplus) |
| Notes:¢ÙIn accordance with the Balance of Payments accounting rules, a net credit for a standard component is represented by a positive value, and a net debit a negative value. |
| ¢ÚA positive value for the balance figure in the current account represents a surplus whereas a negative value represents a deficit For the capital and financial account, a positive value indicates a net capital and financial inflow and a negative value indicates a net outflow. As increases in external assets are debit entries and decreases are credit entries, a negative value for net change in reserve assets represents a net increase and a positive value represents a net decrease. |
| ¢ÛThe estimates on net change in reserve assets under the Balance of Payments framework are transaction figures. Effects from valuation changes (including price changes and exchange rate changes) and reclassifications are excluded. |
| ¢ÜIn principle, the net sum of credit entries and debit entries is zero. In practice, discrepancies between the credit and debit entries may however occur for various reasons as the data are collected from many sources.Equality between the sum of credit entries and debit entries is brought about by the inclusion of a balancing item which reflects net errors and omissions. |
| @Figures are subject to revision later on as more data become available. |
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