In the second quarter of 2026, Hong Kong's gross national income was HK$966.1 billion, up 7.9% year-on-year.
The Census and Statistics Department of the Hong Kong SAR Government today (September 14) released the preliminary statistics on Hong Kong's Gross National Income and related figures for the second quarter of 2026.
The Census and Statistics Department of the Hong Kong SAR Government today (September 14) released the preliminary statistics on Hong Kong's Gross National Income (GNI) and related figures for the second quarter of 2026. In the second quarter of 2026, Hong Kong's GNI (referring to the total income earned by Hong Kong residents from engaging in various economic activities), calculated at current market prices, increased by 7.9% year-on-year to HK$966.1 billion. The Gross Domestic Product (GDP) estimated at current market prices for the same quarter was HK$842.4 billion, representing a year-on-year increase of 6.9%. In the second quarter of 2026, Hong Kong's GNI exceeded GDP by HK$123.7 billion, equivalent to 14.7% of GDP for the quarter, mainly attributable to net inflow of investment income.
After adjusting for the effect of price changes during the period, Hong Kong's GNI for the second quarter of 2026 increased by 5.3% in real terms year-on-year, while GDP increased by 4.3% in real terms in the same quarter.
Total inflow of primary income (mainly comprising investment income) to Hong Kong in the second quarter of 2026 was HK$664.6 billion, up 6.4% year-on-year, equivalent to 78.9% of GDP for the quarter. Meanwhile, total outflow of primary income in the second quarter of 2026 also increased by 4.5% year-on-year to HK$540.9 billion, equivalent to 64.2% of GDP for the quarter.
Regarding the major components of investment income inflow, direct investment income increased by 9.5% year-on-year, mainly due to an increase in direct investment income earned by some large local enterprises abroad. Portfolio investment income recorded a 4.8% increase year-on-year, mainly due to an increase in interest income earned by local investors from non-local debt securities.
Regarding the major components of investment income outflow, direct investment income increased by 5.1% year-on-year, mainly due to an increase in direct investment income earned by some large multinational enterprises in Hong Kong. Portfolio investment income rose by 3.5%, mainly due to an increase in interest income earned by non-local investors from local debt securities.
Analysed by country/territory, in the second quarter of 2026, the mainland of China continued to be the most important source of Hong Kong's total primary income inflow, accounting for 40.6% of the total inflow for the quarter. The Cayman Islands ranked second, accounting for 11.3%. Regarding total primary income outflow, the mainland of China and the British Virgin Islands continued to be the most important destinations in the second quarter of 2026, accounting for 30.3% and 20.5% respectively of the total outflow for the quarter.
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