hk economic history db

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Page 1: HK Economic History DB
Page 2: HK Economic History DB
Page 3: HK Economic History DB

Year Annual Total

Yearly Average

(transactions per month) Year

Clh_tot_a Clh_yav_a

1935 1634.4 136.2 1935

1936 1649.6 137.5 1935

1937 1777.7 148.1 1935

1938 1865.4 155.5 1935

1939 2043.7 170.3 1935

1940 1935

1941 1935

1942 1935

1943 1935

1944 1935

1945 27.7 9.2 1935

1946 3049.0 254.1 1935

1947 6595.0 549.6 1936

1948 8267.7 689.0 1936

1949 11005.7 917.1 1936

1950 14394.1 1199.5 1936

1951 18070.3 1505.9 1936

1952 14344.8 1195.4 1936

1953 12424.1 1035.3 1936

1954 13385.3 1115.4 1936

1955 13916.0 1159.7 1936

1956 15308.6 1275.7 1936

1957 16939.6 1411.6 1936

1958 15708.2 1309.0 1936

1959 17922.8 1493.6 1937

1960 23100.8 1925.1 1937

1961 25821.3 2151.8 1937

1962 28149.6 2345.8 1937

1963 34519.3 2876.6 1937

1964 41875.7 3489.6 1937

1965 44604.5 3717.0 1937

1966 49612.6 4134.4 1937

1967 58537.2 4878.1 1937

1968 73966.8 6163.9 1937

1969 93992.0 7832.7 1937

1970 123135.0 10261.3 1937

1971 154493.0 12874.4 1938

1972 329059.0 27421.6 1938

1973 463855.0 38654.6 1938

1974 352676.0 29389.7 1938

1975 394291.0 32857.6 1938

1976 546977.0 45581.4 1938

1977 647487.0 53957.3 1938

1978 1006600.0 83883.3 1938

1979 1605812.0 133817.7 1938

1980 3019547.0 251628.9 1938

1981 4807863.0 400655.3 1938

1982 5792607.0 482717.3 1938

1983 6040255.0 503354.6 1939

1984 7099063.0 591588.6 1939

1985 7334286.0 611190.5 1939

1986 9691487.0 807623.9 1939

1987 15533341.0 1294445.1 1939

Page 4: HK Economic History DB

1988 18702748.0 1558562.3 1939

1989 19798333.0 1649861.1 1939

1990 21214119.0 1767843.3 1939

1991 24939732.0 2078311.0 1939

1992 33255978.0 2771331.5 1939

1993 47337326.0 3944777.2 1939

1994 57986649.9 4832220.8 1939

1995 66389911.6 5532492.6 1940

1996 78756737.8 6563061.5 1940

1997 107291418.8 8940951.6 1940

1998 87978598.0 7331549.8 1940

1999 86159553.7 7179962.8 1940

2000 105683063.3 8806921.9 1940

2001 98349057.3 8195754.8 1940

2002 92300407.9 7691700.7 1940

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Page 5: HK Economic History DB

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Page 6: HK Economic History DB

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Page 7: HK Economic History DB

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Page 8: HK Economic History DB

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Page 9: HK Economic History DB

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Page 10: HK Economic History DB

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Page 11: HK Economic History DB

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Page 12: HK Economic History DB

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Page 13: HK Economic History DB

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Page 14: HK Economic History DB

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Page 15: HK Economic History DB

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Page 16: HK Economic History DB

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Page 17: HK Economic History DB

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Page 18: HK Economic History DB

Month

Clearing House

Figures: MonthlyClh_md_m

January 136 Description

February 105

March 125 Clearing House Figures

April 120

May 128 Period: 1935-2002

June 118 Unit: HKD Million

July 136

August 133 Source: Hong Kong Government Gazette Supplement No. 4 (1935-39, 1946-69);

September 130 Hong Kong Monthly Digest of Statistics , Monthly Statistical Bulletin (1970-2004).

October 137

November 170

December 195

January 193

February 151

March 124

April 114

May 106

June 108

July 116

August 112

September 142

October 167

November 152

December 166

January 148

February 128

March 154

April 156

May 129

June 165

July 171

August 181

September 141

October 124

November 125

December 156

January 129

February 122

March 182

April 172

May 163

June 149

July 143

August 143

September 178

October 169

November 151

December 165

January 180

February 156

March 190

April 177

May 162

Page 19: HK Economic History DB

June 181

July 149

August 192

September 178

October 143

November 145

December 191

January

February

March

April

May

June

July

August

September

October

November

December

January

February

March

April

May

June

July

August

September

October

November

December

January

February

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April

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Page 20: HK Economic History DB

February

March

April

May

June

July

August

September

October

November

December

January

February

March

April

May

June

July

August

September

October 0

November 3

December 25

January 33

February 89

March 125

April 159

May 216

June 236

July 279

August 331

September 364

October 396

November 399

December 424

January 442

February 461

March 464

April 542

May 643

June 501

July 628

August 549

September 633

October 612

November 512

December 608

January 691

February 624

March 780

April 753

May 677

June 668

July 657

August 668

September 667

Page 21: HK Economic History DB

October 600

November 692

December 790

January 823

February 755

March 891

April 829

May 1,207

June 940

July 905

August 938

September 962

October 865

November 944

December 946

January 881

February 784

March 970

April 913

May 1,005

June 917

July 1,164

August 1,523

September 1,539

October 1,597

November 1,544

December 1,557

January 1,880

February 1,400

March 1,565

April 1,571

May 1,562

June 1,467

July 1,455

August 1,609

September 1,382

October 1,454

November 1,368

December 1,356

January 1,335

February 1,324

March 1,214

April 1,114

May 1,210

June 989

July 1,215

August 1,152

September 1,276

October 1,156

November 1,116

December 1,244

January 1,185

February 1,044

March 1,103

April 1,093

May 1,000

Page 22: HK Economic History DB

June 1,006

July 1,014

August 850

September 936

October 1,038

November 1,014

December 1,142

January 1,080

February 884

March 1,144

April 1,121

May 1,093

June 1,098

July 1,131

August 1,041

September 1,165

October 1,128

November 1,174

December 1,326

January 1,203

February 1,053

March 1,169

April 1,060

May 1,069

June 1,074

July 1,130

August 1,144

September 1,205

October 1,200

November 1,260

December 1,348

January 1,351

February 1,253

March 1,247

April 1,284

May 1,306

June 1,242

July 1,219

August 1,245

September 1,210

October 1,235

November 1,302

December 1,415

January 1,656

February 1,165

March 1,403

April 1,366

May 1,454

June 1,293

July 1,392

August 1,378

September 1,433

October 1,494

November 1,390

December 1,516

January 1,556

Page 23: HK Economic History DB

February 1,332

March 1,293

April 1,313

May 1,353

June 1,235

July 1,266

August 1,215

September 1,225

October 1,313

November 1,183

December 1,426

January 1,419

February 1,185

March 1,218

April 1,445

May 1,384

June 1,405

July 1,482

August 1,424

September 1,598

October 1,682

November 1,688

December 1,992

January 1,960

February 1,701

March 2,049

April 1,866

May 1,930

June 1,772

July 1,845

August 1,830

September 1,935

October 1,957

November 2,085

December 2,172

January 2,162

February 2,082

March 2,149

April 2,041

May 2,300

June 2,552

July 2,096

August 2,084

September 1,971

October 2,057

November 2,131

December 2,196

January 2,635

February 2,088

March 2,337

April 2,132

May 2,384

June 2,263

July 2,230

August 2,246

September 2,165

Page 24: HK Economic History DB

October 2,533

November 2,504

December 2,634

January 3,031

February 2,595

March 2,757

April 2,607

May 2,902

June 2,637

July 2,880

August 2,822

September 2,825

October 2,999

November 3,058

December 3,407

January 3,628

February 3,232

March 3,026

April 3,488

May 3,392

June 3,484

July 3,624

August 3,267

September 3,563

October 3,489

November 3,593

December 4,089

January 4,420

February 3,394

March 3,990

April 3,493

May 3,611

June 3,497

July 3,564

August 3,404

September 3,728

October 3,534

November 3,776

December 4,193

January 4,493

February 3,497

March 4,125

April 3,716

May 3,921

June 4,014

July 4,049

August 4,181

September 4,229

October 4,233

November 4,472

December 4,683

January 4,897

February 4,162

March 4,399

April 4,307

May 5,485

Page 25: HK Economic History DB

June 5,126

July 4,784

August 4,787

September 4,874

October 5,021

November 5,151

December 5,543

January 6,162

February 4,816

March 5,681

April 5,595

May 6,079

June 5,962

July 6,503

August 6,045

September 5,986

October 6,707

November 7,141

December 7,290

January 7,728

February 6,766

March 6,988

April 7,448

May 8,033

June 7,860

July 8,076

August 7,374

September 7,374

October 8,120

November 8,971

December 9,253

January 10,167

February 8,428

March 9,710

April 10,862

May 9,261

June 9,233

July 13,361

August 10,946

September 9,548

October 10,220

November 10,362

December 11,037

January 10,902

February 10,645

March 11,532

April 10,564

May 11,937

June 13,153

July 13,145

August 12,804

September 18,196

October 14,109

November 13,872

December 13,634

January 12,919

Page 26: HK Economic History DB

February 12,390

March 14,635

April 14,278

May 20,330

June 30,176

July 29,745

August 29,204

September 31,210

October 39,124

November 56,663

December 38,385

January 59,524

February 64,944

March 86,108

April 42,211

May 30,750

June 23,692

July 25,208

August 25,243

September 23,839

October 26,511

November 29,171

December 26,654

January 28,111

February 24,079

March 28,490

April 26,454

May 32,629

June 33,211

July 33,673

August 30,808

September 28,829

October 27,858

November 29,960

December 28,574

January 33,807

February 27,785

March 30,709

April 30,593

May 32,824

June 32,150

July 32,483

August 30,894

September 34,305

October 34,907

November 33,672

December 40,162

January 49,894

February 38,250

March 48,671

April 40,869

May 43,155

June 48,562

July 45,607

August 41,631

September 46,583

Page 27: HK Economic History DB

October 43,982

November 46,881

December 52,892

January 51,725

February 43,562

March 54,368

April 46,065

May 51,810

June 55,763

July 53,218

August 53,332

September 55,505

October 59,149

November 61,245

December 61,745

January 67,769

February 54,791

March 69,215

April 66,228

May 77,991

June 88,702

July 82,094

August 101,055

September 101,317

October 96,069

November 107,944

December 93,425

January 100,117

February 100,458

March 118,423

April 106,269

May 122,763

June 126,208

July 133,214

August 144,582

September 150,030

October 165,609

November 166,895

December 171,244

January 218,352

February 182,052

March 192,536

April 188,452

May 207,305

June 216,735

July 255,882

August 234,815

September 279,753

October 329,319

November 388,106

December 326,240

January 355,966

February 295,038

March 370,930

April 302,629

May 376,512

Page 28: HK Economic History DB

June 447,633

July 444,132

August 402,016

September 474,624

October 434,026

November 446,746

December 457,611

January 385,474

February 428,726

March 480,976

April 396,671

May 467,209

June 518,054

July 503,456

August 539,996

September 548,692

October 506,247

November 521,013

December 496,093

January 487,489

February 402,055

March 505,423

April 440,624

May 507,134

June 498,315

July 518,125

August 555,069

September 547,015

October 546,497

November 543,394

December 489,115

January 656,154

February 542,656

March 724,607

April 565,969

May 618,761

June 528,838

July 642,217

August 599,151

September 566,205

October 584,166

November 564,143

December 506,196

January 661,173

February 497,127

March 625,967

April 565,797

May 653,598

June 545,162

July 610,161

August 639,784

September 616,485

October 680,632

November 628,705

December 609,695

January 726,330

Page 29: HK Economic History DB

February 565,698

March 667,723

April 898,403

May 852,551

June 652,195

July 838,395

August 862,119

September 829,625

October 995,611

November 892,521

December 910,316

January 1,101,621

February 1,044,672

March 1,086,347

April 1,054,770

May 1,283,615

June 1,135,232

July 1,293,550

August 1,430,042

September 1,496,935

October 1,776,626

November 1,573,817

December 1,256,114

January 1,330,822

February 1,272,084

March 1,774,009

April 1,484,261

May 1,850,527

June 1,733,977

July 1,583,463

August 1,529,162

September 1,434,623

October 1,455,839

November 1,775,073

December 1,478,908

January 1,681,972

February 1,374,302

March 1,580,730

April 1,488,833

May 1,881,838

June 1,673,453

July 1,643,392

August 1,670,981

September 1,594,340

October 1,773,942

November 1,844,579

December 1,589,971

January 1,718,284

February 1,588,271

March 1,791,087

April 1,545,754

May 922,601

June 1,954,111

July 2,140,283

August 2,138,605

September 1,838,766

Page 30: HK Economic History DB

October 1,898,683

November 1,977,642

December 1,700,032

January 1,988,407

February 1,792,906

March 1,921,759

April 2,094,049

May 2,204,713

June 1,812,423

July 2,286,763

August 2,125,605

September 2,015,419

October 2,311,335

November 2,194,360

December 2,191,993

January 2,716,195

February 1,848,918

March 2,393,943

April 2,421,630

May 2,704,591

June 2,769,866

July 3,265,375

August 2,981,145

September 2,900,434

October 3,008,285

November 3,079,523

December 3,166,073

January 2,845,699

February 3,584,076

March 3,386,958

April 3,239,685

May 3,580,854

June 4,188,515

July 4,064,163

August 3,815,710

September 4,018,880

October 4,366,423

November 4,852,781

December 5,393,582

January 5,651,039

February 4,676,629

March 5,404,105

April 4,152,687

May 4,753,246

June 4,354,422

July 4,467,727

August 4,837,352

September 4,905,907

October 4,536,471

November 5,336,039

December 4,911,026

January 5,380,274

February 4,470,943

March 5,770,930

April 4,926,436

May 5,988,194

Page 31: HK Economic History DB

June 5,328,549

July 5,576,309

August 5,380,065

September 6,025,024

October 6,258,039

November 5,957,356

December 5,327,793

January 6,703,776

February 5,644,316

March 6,462,203

April 6,001,568

May 6,846,778

June 5,705,796

July 6,508,584

August 5,950,747

September 6,617,030

October 6,882,540

November 7,346,923

December 8,086,478

January 9,808,344

February 7,334,351

March 7,934,429

April 8,870,004

May 10,201,609

June 9,384,084

July 9,209,530

August 9,422,996

September 9,647,565

October 9,687,948

November 8,010,514

December 7,780,045

January 7,229,877

February 7,329,558

March 7,411,334

April 6,884,745

May 7,392,640

June 8,049,373

July 7,412,652

August 7,861,275

September 8,464,912

October 6,377,690

November 6,960,786

December 6,603,756

January 6,938,899

February 5,796,139

March 7,708,502

April 6,894,777

May 6,925,170

June 7,365,660

July 7,625,788

August 7,497,043

September 7,639,858

October 6,624,347

November 7,955,331

December 7,188,040

January 8,212,776

Page 32: HK Economic History DB

February 8,679,130

March 10,186,323

April 7,583,204

May 8,301,774

June 8,731,528

July 8,636,577

August 9,807,551

September 9,747,283

October 8,944,647

November 9,154,585

December 7,697,686

January 8,021,837

February 7,891,932

March 9,660,834

April 7,767,542

May 9,095,906

June 8,905,282

July 8,133,863

August 8,225,930

September 7,677,171

October 7,870,242

November 8,185,794

December 6,912,726

January 7,786,434

February 6,052,756

March 7,857,222

April 7,560,574

May 7,775,443

June 8,550,998

July 8,998,132

August 7,534,073

September 7,517,027

October 8,030,268

November 7,513,883

December 7,123,598

January 7,494,679

February 6,561,443

March 7,453,180

April 7,418,963

May 7,662,054

June 8,124,448

July 8,411,589

August 8,282,838

September 9,418,451

October 10,409,977

November 8,314,762

December 11,468,795

January 8,621,459

February 8,550,989

Page 33: HK Economic History DB

Hong Kong Government Gazette Supplement No. 4 (1935-39, 1946-69);

Hong Kong Monthly Digest of Statistics , Monthly Statistical Bulletin (1970-2004).

Page 34: HK Economic History DB

Currency in Circulation: Paper Notes, Coins, and Total. Currency in Circulation: by Bank.

Year Paper Currency Coins Total Currency in

Circulation

Year

Cur_paper_a Cur_coins_a Cur_tot_a

1852 0.06 0.06 1852

1853 0.07 0.07 1853

1854 0.11 0.11 1854

1855 0.15 0.15 1855

1856 0.25 0.25 1856

1857 0.31 0.31 1857

1858 0.56 0.56 1858

1859 0.91 0.91 1859

1860 1.45 1.45 1860

1861 1.46 1.46 1861

1862 1.67 1.67 1862

1863 2.55 2.55 1863

1864 2.38 0.05 2.42 1864

1865 2.86 0.08 2.94 1865

1866 1.32 0.61 1.93 1866

1867 2.37 1.64 4.01 1867

1868 2.05 1.65 3.70 1868

1869 2.78 1.65 4.43 1869

1870 2.48 1.65 4.13 1870

1871 2.57 1.65 4.23 1871

1872 3.25 1.67 4.92 1872

1873 3.36 1.78 5.14 1873

1874 3.58 1.84 5.41 1874

1875 3.15 1.87 5.02 1875

1876 2.50 1.92 4.42 1876

1877 2.84 2.00 4.84 1877

1878 3.05 2.05 5.10 1878

1879 3.47 2.11 5.58 1879

1880 3.29 2.17 5.46 1880

1881 3.69 2.22 5.91 1881

1882 5.12 2.33 7.45 1882

Page 35: HK Economic History DB

1883 5.49 2.43 7.92 1883

1884 3.84 2.65 6.49 1884

1885 4.02 2.93 6.95 1885

1886 4.22 3.41 7.62 1886

1887 5.48 3.90 9.39 1887

1888 5.62 3.90 9.52 1888

1889 6.14 5.92 12.05 1889

1890 5.55 7.02 12.57 1890

1891 5.90 8.64 14.54 1891

1892 6.44 9.64 16.08 1892

1893 6.35 11.14 17.49 1893

1894 6.26 13.34 19.60 1894

1895 7.01 15.17 22.18 1895

1896 7.44 15.17 22.61 1896

1897 9.39 19.86 29.25 1897

1898 10.12 23.20 33.32 1898

1899 10.89 27.76 38.65 1899

1900 10.38 31.41 41.79 1900

1901 11.93 34.69 46.63 1901

1902 15.28 37.92 53.19 1902

1903 16.88 41.21 58.09 1903

1904 16.60 43.94 60.54 1904

1905 18.94 45.03 63.97 1905

1906 15.65 45.42 61.07 1906

1907 16.92 45.42 62.34 1907

1908 20.59 44.89 65.47 1908

1909 16.69 40.32 57.01 1909

1910 18.41 39.89 58.30 1910

1911 27.73 39.89 67.63 1911

1912 25.61 37.43 63.04 1912

1913 24.55 36.39 60.94 1913

1914 30.86 31.39 62.25 1914

1915 29.84 26.29 56.14 1915

1916 33.74 21.26 55.01 1916

1917 29.16 21.26 50.42 1917

1918 32.28 20.76 53.04 1918

Page 36: HK Economic History DB

1919 36.30 20.76 57.06 1919

1920 37.46 20.76 58.22 1920

1921 50.79 20.79 71.58 1921

1922 47.58 18.79 66.37 1922

1923 58.97 17.81 76.79 1923

1924 55.05 17.86 72.91 1924

1925 58.29 17.89 76.18 1925

1926 68.19 17.91 86.10 1926

1927 64.81 17.91 82.72 1927

1928 61.97 17.91 79.88 1928

1929 78.73 17.91 96.65 1929

1930 127.47 17.91 145.38 1930

1931 154.63 17.92 172.56 1931

1932 153.61 18.05 171.67 1932

1933 157.58 18.22 175.80 1933

1934 153.60 18.43 172.03 1934

1935 136.22 14.89 151.10 1935

1936 151.71 11.20 162.92 1936

1937 230.04 2.21 232.25 1937

1938 239.49 2.77 242.26 1938

1939 225.60 3.34 228.94 1939

1940 230.27 3.99 234.26 1940

1941 1941

1942 1942

1943 1943

1944 1944

1945 287.66 287.66 1945

1946 458.89 458.89 1946

1947 675.16 675.16 1947

1948 783.21 783.21 1948

1949 1949

1950 1950

1951 800.20 43.40 843.60 1951

1952 801.70 41.20 842.90 1952

1953 802.20 39.30 841.50 1953

1954 727.50 43.40 770.90 1954

Page 37: HK Economic History DB

1955 726.80 44.90 771.70 1955

1956 731.70 51.60 783.30 1956

1957 755.30 57.30 812.60 1957

1958 771.90 55.70 827.60 1958

1959 837.80 58.40 896.20 1959

1960 913.70 70.40 984.10 1960

1961 952.90 73.70 1026.60 1961

1962 1045.00 78.70 1123.70 1962

1963 1140.20 89.60 1229.80 1963

1964 1296.50 103.00 1399.50 1964

1965 1628.80 111.00 1739.80 1965

1966 1730.50 122.00 1852.50 1966

1967 2176.30 131.40 2307.70 1967

1968 1983.66 146.86 2130.52 1968

1969 2116.16 144.76 2260.92 1969

1970 2414.00 164.00 2578.00

1971 2742.00 190.00 2932.00

1972 3151.00 227.00 3378.00

1973 3448.00 264.00 3712.00

1974 3574.00 293.00 3867.00

1975 4068.00 359.00 4427.00

1976 4756.00 421.00 5177.00

1977 5759.00 596.00 6355.00

1978 6986.00 789.00 7775.00

1979 7920.00 864.00 8784.00

1980 9374.00 1090.00 10464.00

1981 11066.00 1241.00 12307.00

1982 12646.00 1282.00 13928.00

1983 13930.00 1413.00 15343.00

1984 14246.00 1375.00 15621.00

1985 17966.00 1493.00 19459.00

1986 20626.00 1786.00 22412.00

1987 26926.00 1841.00 28767.00

1988 31826.00 2262.00 34088.00

1989 37286.00 2384.00 39670.00

1990 40886.00 2375.00 43261.00

Page 38: HK Economic History DB

1991 46506.00 2671.00 49177.00

1992 58226.00 2931.00 61157.00

1993 68896.00 2978.00 71874.00

1994 74396.00 3747.00 78143.00

1995 77695.00 3972.00 81667.00

1996 82575.00 4538.00 87113.00

1997 87015.00 5651.00 92666.00

1998 86465.00 6030.00 92495.00

1999 118195.00 6029.00 124224.00

2000 99265.00 6170.00 105435.00

2001 107545.00 5943.00 113488.00

2002 118475.00 6143.00 124618.00

Page 39: HK Economic History DB

Currency in Circulation: by Bank.

Hong Kong and

Shanghai Banking

Corporation

Chartered Bank of

India, Australia and

China

Mercantile Bank of

India Ltd

Oriental Bank

Corporation

National Bank of

China Ltd

Chartered Agra and

United Service Bank

LimitedCur_hsbc_a Cur_stchar_a Cur_merin_a Cur_orien_a Cur_nachina_a Cur_chara_a

0.06

0.07

0.11

0.15

0.25

0.31

0.56

0.30 0.61

0.50 0.95

0.64 0.81

0.78 0.89

0.44 0.79 0.85 0.47

0.49 0.78 0.69 0.42

0.80 0.53 0.53 0.65 0.34

0.70 0.07 0.32 0.23

0.93 0.30 0.71 0.42

0.86 0.29 0.40 0.50

1.10 0.47 0.64 0.57

1.45 0.18 0.59 0.26

0.99 0.41 0.62 0.56

1.95 0.47 0.33 0.51

1.70 0.41 0.77 0.49

1.92 0.58 0.75 0.32

1.47 0.54 0.65 0.49

1.24 0.44 0.52 0.30

1.52 0.55 0.41 0.37

1.65 0.56 0.53 0.31

2.01 0.47 0.52 0.47

1.72 0.58 0.46 0.53

1.64 0.59 0.65 0.81

2.30 0.87 1.07 0.88

Page 40: HK Economic History DB

2.46 1.06 1.11 0.86

2.84 0.77 0.23

2.60 1.16 0.26

2.33 1.15 0.74

3.21 1.20 1.08

2.87 1.36 1.39

3.47 1.46 1.20

3.43 1.12 1.01

3.08 1.38 1.44

4.39 1.94 0.11

4.81 1.54

4.81 1.45

4.82 1.73 0.46

4.91 2.18 0.36

5.95 3.00 0.45

6.80 2.87 0.45

7.53 2.92 0.44

7.00 2.93 0.45

8.46 3.03 0.44

11.23 3.60 0.44

13.04 3.39 0.45

12.52 3.73 0.35

15.46 3.42 0.06

12.65 2.88 0.12

13.30 3.28 0.34

16.78 3.74 0.07

12.39 4.25 0.05

13.09 5.30 0.03

21.71 6.03

19.78 5.33 0.50

18.42 5.43 0.71

23.48 6.07 1.31

21.79 6.98 1.07

25.03 7.77 0.95

21.43 6.58 1.15

22.46 8.72 1.10

Page 41: HK Economic History DB

24.87 10.46 0.97

26.40 10.06 1.00

40.40 9.07 1.32

34.98 11.24 1.36

44.68 12.84 1.46

42.22 11.53 1.30

42.33 14.50 1.46

50.84 15.61 1.73

47.20 15.76 1.86

45.16 15.02 1.78

59.64 17.17 1.93

104.31 19.60 3.56

128.74 22.48 3.41

130.22 21.06 2.33

141.17 14.95 1.47

131.76 19.85 2.00

112.32 21.76 2.13

124.86 22.76 4.09

199.69 25.17 5.18

210.20 24.85 4.44

195.23 25.53 4.84

200.26 25.64 4.38

256.56 26.96 4.14

416.09 38.77 4.02

616.14 55.91 3.11

728.38 51.05 3.78

755.90 40.60 3.70

755.90 41.40 4.40

755.70 42.00 4.50

675.70 47.40 4.40

Page 42: HK Economic History DB

675.70 47.00 4.10

675.70 52.50 3.50

691.70 60.20 3.40

707.70 60.10 4.10

771.70 62.40 3.70

835.80 74.60 3.30

867.80 81.50 3.60

955.80 87.10 2.10

1043.80 95.10 1.30

1183.80 112.00 0.70

1455.80 168.20 4.80

1511.80 194.60 24.10

1855.80 290.50 30.00

1689.05 265.12 29.49

1801.30 286.04 28.82

Page 43: HK Economic History DB
Page 44: HK Economic History DB

Government Issued

One Dollar Currency

Cur_hkgov_a

Description

Currency In Circulation: Paper Notes, Coins, and Total

Period: 1852-2002, except 1941-44 and 1949-50.

Unit: HKD Million

Year-end Figures

Source: Data for 1852-1940, from HK Blue Book ;

data for 1945-48, from HK Government Gazette Supplement No. 4 ;

data for 1951-67, from HK Statistics 1947-67 ;

data for 1968-69, from HK Gov't Gazette Supplement No. 4 ;

data for 1970-2002, HK Annual Digest of Statistics .

Currency in Circulation: Paper Notes by Bank

Period: 1852-1969

Unit: HKD Million

Year-end Figures

Source: Data for 1852-1940, from HK Blue Book ;

data for 1945-48, from HK Government Gazette Supplement No. 4 ;

data for 1951-67, from HK Statistics 1947-67;

data for 1968-69, from HK Government Gazette Supplement No. 4.

Page 45: HK Economic History DB
Page 46: HK Economic History DB

1.28

2.30

3.63

5.57

6.44

6.70

Page 47: HK Economic History DB

Year Total Consumption Domestic Commercial Industrial

Ele_tot_a Ele_dom_a Ele_com_a Ele_ind_a

1947 327.7 142.5 128.4 53.8

1948 541.1 187.7 186.2 163.1

1949 783.5 243.8 277.2 257.5

1950 1056.5 314.6 374.2 361.8

1951 1273.1 362.6 449.9 453.9

1952 1408.8 395.3 487.8 518.2

1953 1569.9 434.7 528.4 597.8

1954 1769.8 463.3 619.8 674.9

1955 2044.1 511.0 751.8 766.2

1956 2339.6 580.6 847.9 893.9

1957 2663.1 632.9 967.5 1043.6

1958 2916.1 691.0 1049.3 1154.4

1959 3390.7 785.9 1207.2 1372.4

1960 4017.4 914.0 1417.9 1657.4

1961 4778.4 1031.7 1738.7 1976.0

1962 5534.6 1170.1 1981.1 2346.6

1963 6424.9 1317.3 2349.6 2716.0

1964 7457.3 1503.9 2732.6 3173.4

1965 8587.8 1678.0 3208.4 3638.4

1966 9756.9 1878.4 3592.2 4232.2

1967 10883.9 2052.1 3932.9 4840.0

1968 12418.0 12353.0

1969 14264.0 14194.0

1970 16023.0 3338.0 6024.0 6588.0

1971 17609.0 3812.0 6407.0 7312.0

1972 19484.0 4296.0 7144.0 7961.0

1973 21638.0 4760.0 8078.0 8712.0

1974 21302.0 5017.0 7843.0 8349.0

1975 23126.0 5507.0 8671.0 8843.0

1976 26190.0 5940.0 9607.0 10535.0

1977 29792.0 6944.0 11236.0 11499.0

1978 32794.0 7364.0 12533.0 12781.0

1979 36470.0 7556.0 13763.0 14124.0

1980 40427.0 8414.0 15647.0 15125.0

1981 42470.8 8134.2 16184.9 14243.3

1982 45747.7 9227.4 19952.9 15435.7

1983 51848.9 10685.1 22849.5 16820.0

1984 56828.6 10816.9 24609.5 18543.3

1985 61120.1 11519.2 26793.8 18819.5

1986 67941.2 12807.9 29179.5 21391.4

1987 75529.2 14022.2 32402.7 23978.8

1988 80818.7 15711.5 34818.0 24876.3

1989 86959.9 17074.5 38097.4 25178.0

1990 92270.5 19037.4 41581.6 24933.6

1991 102159.2 20586.0 45244.7 25050.5

1992 112017.1 21716.0 47970.9 24193.9

1993 116011.6 24092.0 53131.4 22308.5

1994 111381.9 25827.5 57508.2 21437.1

1995 112816.9 27063.1 59907.8 20222.2

1996 115790.5 29193.6 64464.7 19934.2

1997 118087.8 28937.0 67849.5 18965.1

1998 127643.3 32793.1 73857.4 18489.3

1999 127554.6 31399.8 76028.1 17547.3

Page 48: HK Economic History DB

2000 134928.1 32232.6 80346.4 17769.6

2001 139830.1 32799.0 84213.0 16758.0

2002 144941.8 33395.0 87241.0 16112.0

Page 49: HK Economic History DB

Street Lighting Export to China

Ele_stlt_a Ele_exchi_a

3.1 Description

4.0

5.1 Electricity Consumption by Use

6.0

6.7 Period: 1947-2002

7.5 Unit: Million MJ/Terajoule

9.0

11.8 Source: Data for 1947-67: Hong Kong Statistics 1947-67 ;

15.1 Data for 1968-2002: Hong Kong Annual Digest of Statistics ;

17.2 Sources for HK Statistics 1947-67 and Hong Kong Annual Digest of Statistics :

19.1 Hong Kong Electric Co., Ltd., China Light & Power Co., Ltd., Cheung Chau Electric Co., Ltd. .

21.5

25.2

28.1

32.1

36.9

42.0

47.3

52.2

54.0

58.9

65.0

69.0

72.0

77.0

83.0

88.0

92.0

104.0

109.0

112.0

117.0

120.0 907.0

132.0 1109.0

141.0 735.7

153.0 978.8

171.0 1323.3

196.0 2662.9

207.7 3780.3

213.2 4349.8

221.8 4903.6

227.5 5185.5

238.7 6371.2

248.4 6469.6

258.6 11019.4

270.7 17865.7

278.3 16201.5

282.0 6327.1

283.6 5340.3

286.7 1910.3

297.2 2014.3

306.8 2196.9

310.7 2278.6

Page 50: HK Economic History DB

324.6 4254.1

366.0 5692.0

366.0 7829.0

Page 51: HK Economic History DB

Million MJ/Terajoule

Data for 1947-67: Hong Kong Statistics 1947-67 ;

Data for 1968-2002: Hong Kong Annual Digest of Statistics ;

Sources for HK Statistics 1947-67 and Hong Kong Annual Digest of Statistics :

Hong Kong Electric Co., Ltd., China Light & Power Co., Ltd., Cheung Chau Electric Co., Ltd. .

Page 52: HK Economic History DB

Year Quarter General Retail

Price Index

Food Rent

Rpi_epwgenrpi_q Rpi_epwfood_q Rpi_epwrent_q

1947 Q1 609 781 200

1947 Q2 540 683 200

1947 Q3 539 665 200

1947 Q4 503 620 200

1948 Q1 558 718 200

1948 Q2 518 657 200

1948 Q3 525 672 200

1948 Q4 512 648 200

1949 Q1 508 645 200

1949 Q2 600 805 200

1949 Q3 581 768 200

1949 Q4 653 886 200

Note:

Page 53: HK Economic History DB

Clothing Fuel Electric Light Cleaning Education

Rpi_epwclo_q Rpi_epwfuel_q Rpi_epwelec_q Rpi_epwcln_q Rpi_epwedn_q

517 543 307 508 328

447 506 270 491 328

439 662 226 481 328

437 533 226 396 328

431 522 220 448 328

406 482 220 306 328

384 553 230 407 328

381 549 230 399 328

371 552 226 367 328

373 587 226 382 328

376 579 223 378 328

382 650 220 376 328

Note:

Page 54: HK Economic History DB

Tobacco and

Cigarettes

Doctors and

Medicines

Fares Household

Equipment

Hair Dressing

Rpi_epwtob_q Rpi_epwdm_q Rpi_epwfare_q Rpi_epwhou_q Rpi_epwhair_q

291 262 298 686 527

291 254 298 545 520

291 251 298 562 532

291 249 298 530 519

236 248 298 547 528

236 247 298 513 530

236 274 298 512 565

236 273 298 536 560

271 276 298 530 538

271 273 298 553 509

271 271 298 600 570

271 270 298 720 627

Note:

Page 55: HK Economic History DB

Newspapers and

Stationery

Shoe Repairs Rates

Rpi_epwnews_q Rpi_epwshoer_q Rpi_epwrates_q

208 687 100 Description

208 577 100

250 530 100 Early Post-war Retail Price Index

200 523 100

260 516 100 Period:

260 513 100 Base:

260 560 100

260 597 100

260 548 100

260 539 100

260 522 100

260 525 100

Source:

Note:

Page 56: HK Economic History DB

Early Post-war Retail Price Index

1947Q1-1949Q4

January/March 1939=100

Q1: Jan.-March

Q2: April-June

Q3: July-Sept.

Q4: Oct.-Dec.

The Far Eastern Economic Review , 1950, Vol. 8, p.271.

The data are from government announcements/publications.

Quarterly data cover 1947Q1--1949Q4. Except for 1947Q1 that measures the period-average, all the data for other quarters measure the last month of a quarter,

i.e. Q1 is measured by March, Q2 by June, Q3 by September, Q4 by December.

The figures were calcuated after the surveys on household expenditure patterns

had been conducted at the end of the months of each quarters in 1947,-48, and -49.

The target community is Chinese and Portuguese clerical and skilled technical workers.

They were believed to represent the middle class in those years.

Page 57: HK Economic History DB

Quarterly data cover 1947Q1--1949Q4. Except for 1947Q1 that measures the period-average, all the data for other quarters measure the last month of a quarter,

Page 58: HK Economic History DB

Year Bread (per lb) Tobacco(tins) Coffee (per lb) Milk (per quart) Beef (per lb.)

Fd_bread_a Fd_tobac_a Fd_coffee_a Fd_milk_a Fd_beef_a

1844 5.3 10.5 13.0 4.5

1845 4.5 5.0 8.0 13.0 4.0

1846 5.5 5.0 8.0 12.0 5.0

1847 3.5 6.5 10.0 13.0 5.0

1848 3.5 12.0 10.0 13.0 4.0

1849 3.5 6.0 5.0 10.0 3.5

1850 4.0 6.0 5.0 10.0 4.0

1851 4.0 6.0 5.0 10.0 4.0

1852 4.0 6.0 5.0 10.0 4.0

1853 3.5 7.0 6.0 12.0 4.0

1854 5.0 7.0 6.0 12.0 5.0

1855 6.0 20.0 5.5 18.0 6.0

1856 5.0 25.0 20.0 27.0 3.5

1857 5.0 25.0 3.0 36.0 6.0

1858 6.0 22.0 8.0 8.0 8.0

1859 5.0 22.0 8.0 8.0 8.0

1860 5.0 10.0 8.0 10.0 6.0

1861 4.0 10.0 7.5 10.0 6.0

1862 4.0 38.5 7.5 12.0 6.0

1863 4.0 42.0 7.5 12.0 6.0

1864 5.0 50.0 10.0 12.0 6.0

1865 5.0 50.0 12.0 12.0 7.0

1866 5.0 48.0 14.0 12.0 7.0

1867 5.0 36.0 20.0 12.0 7.0

1868 5.0 48.0 24.0 12.0 7.0

1869 5.0 48.0 24.0 12.0 7.0

1870 4.0 48.0 24.0 12.0 4.0

1871 5.0 4.0 24.0 12.0 6.0

1872 5.0 4.0 24.0 12.0 7.0

1873 4.0 42.0 24.0 12.0 8.0

1874 4.0 42.0 24.0 12.0 8.0

1875 4.0 42.0 24.0 12.0 7.0

1876 3.0 42.0 10.0 12.0 7.0

1877 5.0 30.0 20.0 12.0 7.0

1878 3.0 42.0 10.0 12.0 7.0

1879 2.7 38.0 9.0 10.8 6.3

1880 2.8 38.6 9.2 11.0 5.5

1881 2.7 37.3 8.9 10.7 5.3

1882 2.6 37.1 17.7 10.6 5.3

1883 2.6 36.9 13.2 8.8 5.9

1884 2.6 30.5 13.1 8.7 5.7

1885 2.5 24.8 12.4 8.3 5.8

1886 2.3 22.9 11.4 7.6 5.3

1887 2.3 23.0 11.5 5.8 4.6

1888 2.2 25.6 12.8 7.3 4.4

1889 2.6 26.0 13.0 7.4 5.0

1890 2.9 26.9 14.5 8.3 4.6

1891 2.7 25.2 13.6 7.8 4.3

1892 2.1 131.6 11.3 7.8 4.2

1893 1.8 22.4 10.5 6.7 3.6

1894 1.5 27.0 9.4 5.7 2.0

1895 1.5 26.9 11.3 5.6 2.0

1896 1.6 25.9 11.0 5.8 2.5

Page 59: HK Economic History DB

1897 1.6 25.7 12.3 6.1 2.3

1898 1.4 25.5 16.4 6.8 2.7

1899 1.5 26.2 9.3 2.3 2.6

1900 1.6 25.5 9.7 2.4 2.7

1901 1.5 24.5 9.4 2.3 3.6

1902 1.3 16.4 9.7 2.5 3.5

1903 1.3 16.6 5.7 2.3 3.5

1904 1.4 19.9 7.2 2.4 4.2

1905 1.5 21.1 7.6 2.6 4.6

1906 1.7 23.3 8.4 2.8 5.1

1907 1.7 26.8 8.5 2.7 5.9

1908 1.5 23.8 6.5 2.4 4.1

1909 1.5 23.4 6.4 2.3 4.0

1910 1.5 23.8 6.5 2.4 4.1

1911 1.8 23.9 6.5 2.4 4.1

1912 2.1 44.1 14.9 3.1 4.5

1913 2.0 26.4 8.4 2.6 5.3

1914 1.9 24.1 7.7 2.4 4.8

1915 1.9 24.4 10.0 5.0 4.9

1916 2.2 28.5 11.7 5.8 5.7

1917 3.3 41.5 14.9 7.5 7.0

1918 4.0 49.5 17.8 8.9 8.3

1919 5.2 143.2 45.7 7.4 10.4

1920 6.0 158.1 21.8 7.4 11.4

1921 3.4 93.2 12.9 7.2 6.4

1922 3.1 84.8 11.7 6.6 5.9

1923 2.9 79.4 11.0 6.2 7.8

1924 3.0 132.0 11.5 6.5 8.7

1925 3.0 129.7 11.3 6.3 8.6

1926 2.9 125.1 9.6 6.0 8.8

1927 3.1 124.5 9.6 6.2 10.4

1928 3.2 128.1 9.9 6.4 10.7

1929 2.8 185.9 8.8 5.7 9.5

1930 2.1 138.1 6.5 4.6 7.4

1931 1.6 105.5 4.6 4.3 5.3

1932 1.8 117.9 5.2 4.8 6.0

1933 1.8 119.3 5.2 4.8 5.6

1934 2.0 136.9 6.0 5.6 6.2

1935 2.5 167.9 7.4 6.8 7.4

1936 1.7 118.5 4.9 4.6 4.9

1937 1.6 115.2 4.8 4.4 6.3

1938 2.2 141.5 4.6 4.3 6.3

1939 2.2 107.6 7.4 5.0 6.9

1940 2.2 115.7 7.4 5.0 7.3

Page 60: HK Economic History DB

Pork (per lb.) Rice (per lb.) Tea (per lb.) Sugar (per lb.) Salt (Table) (in 1-

lb. jar)Fd_pork_a Fd_rice_a Fd_tea_a Fd_sugar_a Fd_salt_a

3.5 0.5 52.0 3.5 0.5

6.0 1.5 14.0 4.0 0.3

5.0 2.0 14.0 4.0 0.5

5.0 1.5 12.0 4.0 1.5

4.0 1.5 10.0 4.0 1.5

3.5 1.0 12.0 3.5 0.5

3.5 1.0 12.0 4.0 0.5

3.5 1.0 12.0 4.0 0.5

3.5 1.0 12.0 4.0 0.5

4.0 1.0 12.0 3.0 0.8

5.0 2.0 12.0 3.0 0.8

5.5 2.5 12.5 3.5 0.5

3.0 1.5 14.0 5.0 2.0

8.0 2.0 18.0 3.0 3.0

9.0 1.1 12.5 3.0 0.5

8.0 1.1 15.0 3.5 1.0

7.0 1.5 30.0 3.0 1.5

7.0 1.0 26.0 2.5 1.5

6.0 1.5 24.0 3.5 1.0

6.0 1.5 24.0 3.5 1.0

6.0 2.0 27.0 4.0 1.0

6.0 2.0 27.0 4.0 1.0

8.0 2.0 30.0 5.0 1.0

8.0 2.0 30.0 5.0 1.0

8.0 2.0 30.0 6.0 1.0

8.0 2.0 30.0 6.0 1.0

6.5 2.5 24.0 5.0 1.0

6.5 2.5 24.0 5.0 1.0

8.0 2.0 24.0 5.0 1.0

8.0 2.0 24.0 5.0 10.0

8.0 2.0 24.0 5.0 10.0

7.0 2.0 24.0 5.0 10.0

6.0 1.5 24.0 5.0 10.0

6.0 1.5 24.0 5.0 8.0

8.0 1.8 24.0 5.0 8.0

7.2 1.8 21.7 4.5 3.6

5.5 1.4 23.0 3.7 3.7

5.3 1.3 22.2 3.6 3.6

5.3 1.3 22.1 3.5 3.5

5.3 1.1 21.9 3.5 3.5

5.2 1.1 21.8 3.5 7.0

5.0 1.0 20.7 2.5 6.2

4.6 13.3 19.1 2.7 5.7

4.6 13.4 19.2 2.7 5.8

4.4 12.8 18.3 2.6 6.6

5.0 13.0 18.6 2.8 6.7

5.8 14.5 20.7 3.1 4.1

5.4 13.6 19.4 2.9 3.9

5.7 11.8 17.3 2.6 3.5

4.9 10.5 14.9 2.5 3.6

3.5 11.3 10.1 1.8 3.0

3.5 11.3 5.0 10.9 2.9

4.3 11.7 5.2 11.3 3.0

Page 61: HK Economic History DB

4.0 1.1 8.2 1.9 2.3

3.9 1.4 7.9 1.7 2.8

3.8 1.2 8.1 1.7 2.9

4.0 1.2 8.5 1.8 3.0

4.2 1.0 8.2 1.8 2.9

4.1 1.3 19.4 1.8 3.8

5.0 1.1 19.7 1.6 2.8

5.1 1.1 21.0 1.7 3.1

6.8 1.3 22.3 1.8 3.3

7.5 1.4 24.6 1.9 3.6

6.2 1.5 22.0 2.1 3.3

5.0 1.8 16.8 1.9 3.1

4.9 1.8 16.5 1.9 3.0

5.0 1.8 16.8 1.9 3.1

5.4 1.8 16.8 2.0 3.1

5.4 2.6 19.9 1.9 5.0

5.5 2.6 18.6 2.2 4.2

5.0 2.4 17.0 2.2 3.8

5.1 2.4 20.5 3.0 3.9

6.0 2.8 24.0 3.5 4.5

8.3 3.7 30.7 4.5 5.8

9.9 4.4 36.7 5.3 6.9

13.6 7.4 53.1 13.6 8.6

15.8 4.1 40.9 9.8 9.5

7.1 2.4 24.1 5.8 5.6

6.4 2.2 21.9 5.3 5.1

7.3 2.1 20.5 4.9 4.8

8.2 2.2 21.5 5.2 5.0

8.0 2.1 21.1 5.1 4.9

9.1 2.3 30.1 4.3 6.6

10.9 2.3 29.9 4.3 6.6

10.0 2.3 30.8 4.4 6.8

10.9 2.1 27.3 3.9 6.0

8.7 1.5 20.3 2.9 4.5

7.1 1.3 31.4 1.8 7.8

7.3 1.4 35.1 17.5 8.8

6.6 1.5 35.5 3.2 7.7

6.2 1.1 31.5 2.8 6.2

7.4 1.4 38.6 3.4 7.5

4.9 0.9 25.8 2.3 5.0

6.6 0.9 25.1 2.2 4.9

6.6 1.4 28.0 1.9 5.9

7.0 1.3 29.8 2.3 6.3

11.1 1.8 30.0 2.4 7.0

Page 62: HK Economic History DB

Beer (per quart)

Fd_beer_a

Description

125.0

150.0 Food Price in Hong Kong in 1844-1940

150.0

114.0 Period:

125.0 Currency Unit:

150.0 Unit for Food Items:

150.0

150.0

126.0

150.0

137.5

150.0

150.0 Source:

150.0

150.0 Notes:

150.0

126.0

144.0

150.0

150.0

150.0 Food Price Index

150.0

150.0

150.0

150.0

150.0

150.0

150.0

150.0

150.0

144.0

144.0

132.0

144.0

91.3

98.8

111.1

110.3

109.7

108.8

103.4

95.3

103.6

109.5

111.6

124.3

116.4

124.7

107.6

75.4

78.9

88.2

Page 63: HK Economic History DB

79.5

78.3

102.3

106.7

102.9

97.1

98.4

104.9

111.5

123.1

115.9

64.9

79.7

81.2

81.4

88.8

71.9

65.6

127.6

149.0

190.8

227.8

222.2

226.2

133.3

121.4

113.6

119.1

117.0

115.5

114.9

118.2

105.0

78.0

128.3

143.4

112.9

129.5

158.8

106.3

103.4

106.8

106.8

107.5

Page 64: HK Economic History DB

Food Price in Hong Kong in 1844-1940

1844-1940

Pence of the UK Pound (= 1/240 UK Pound)

Bread: per pound Tobacco: tins

Coffee: per pound Milk: per quart

Beef: per pound Pork: per pound

Rice: per pound Tea: per pound

Sugar: per pound Salt (Table): in 1-pound. jar

Beer: per quart

Hong Kong Blue Book

The prices in 1879-1940 are originally reported in HK dollar.For consistency, they are transformed to UKP by multiplying a

representative exchange rate of HK dollar in UKP.

When the price of a food item is given in range, we take the mid-point for calculation.

For 1845-78, average prices of food items in a year are reported in the HK Blue Book.

For 1879-1940, prices are given in range.

Modified Food Price Index, base=1845, annual data.

Prices of the items are from the Hong Kong Blue Book. The relative weights of selected

food items are based on a survey on consumer pattern conducted by the University of Hong Kong.

in December 1955. It was headed by Edward F. Szczepanik.

The survey does not provide a separate weight for beer or coffee. We follow the assumed weights

used by C.F. Joseph Tom in his work "Monetary Problems of an Entrepot: The Hong Kong

Experience (1963)".

Food Item: % in food basket

Rice: 30.76, Pork: 6.98,

Wheaten Bread: 4.02, Beef: 2.65,

Sugar: 0.84, Tea: 0.41, Milk: 0.35

Beer: 0.3, Table Salt: 0.28, Coffee: 0.2

Page 65: HK Economic History DB
Page 66: HK Economic History DB

The prices in 1879-1940 are originally reported in HK dollar.For consistency, they are transformed to UKP by multiplying a

Page 67: HK Economic History DB

Estimates byEdward Szczepanik

Year GDP Current Price GDP 1947/48 Price (a) GDP Factor Cost

Gdp_edszcurpr_a Gdp_edsz47pr_a Gdp_edszfc_a

1947 1,564 1,564 1575

1948 1,775 1,707 1790

1949 2,330 2,100 2355

1950 2,800 2,300 2820

1951 2,800 2,200 2885

1952 3,200 2,500 2670

1953 3,600 2,800 2800

1954 4,000 3,250 3003

1955 3300

1956 3635

1957 3900

1958 4135

1959 4500

Page 68: HK Economic History DB

Estimates by K.R. Chou(b)

Gross Capital

Formation

Year GDP Current Price

(Low)Gdp_edszcapfm_a Gdp_choucurlow_a

95 1947 1,715

149 1948 1,945

226 1949 2,565

183 1950 3,070

160 1951 3,140

295 1952 2,905

234 1953 3,045

318 1954 3,265

356 1955 3,590

427 1956 3,955

635 1957 4,245

523 1958 4,500

776 1959 5,025

1960 5,745

1961 6,545

1962 7,360

1963 8,390

1964 9,500

Page 69: HK Economic History DB

Estimates by K.R. Chou

GDP Current Price

(High)

Depreciation Outlay Taxes Direct Taxes

Gdp_choucurhi_a Gdp_choudep_a Gdp_chouotax_a Gdp_choudtax_a

1,805

2,050 51 99 40

2,700 60 137 39

3,230 70 153 49

3,305 80 178 52

3,055 91 171 112

3,205 102 180 115

3,440 118 199 108

3,780 130 217 98

4,160 152 258 89

4,465 175 275 112

4,735 198 292 123

5,290 226 323 123

6,045 272 400 154

6,885 313 454 199

7,745 360 506 215

8,830 428 574 269

10,000 510 674 320

Page 70: HK Economic History DB

Description

GDP Estimates by Individual Scholars

Period: 1947-64

Unit: HKD Million unless otherwise stated

Source: Edward Szczepanik (1958), The Economic Growth of Hong Kong .

Edward Szczepanik (1960), The National Income of Hong Kong, 1947 - 1960: Tables 13, 14,

which is a paper prepared for the First Asian Conference of the I.A.R.I.W.

held in the University of Hong Kong, 21 - 28 August, 1960.

K.R. Chou (1966), The Hong Kong Economy: Miracle of Growth .

Notes: 1) The figures from Szczepanik and Chou are their own estimates before offical estimation of GDP started.

2) Szczepanik's (a) GDP at Factor Cost: Estimates for 1953/54, 1955/56, 1957/58 are obtained by

Estimates indirect method (interpolation and adjustment to other data.);

(b) Gross Domestic Formation: Estimates for 1947/48 - 1954/55 are taken from The Economic Growth of Hong Kong, Table 42;

estimates for 1955/56 - 1958/59 are from Mr. C. Stratton's paper presented at the I.A.R.I.Ws Conference in Hong Kong, August 1960.

Page 71: HK Economic History DB

Edward Szczepanik (1960), The National Income of Hong Kong, 1947 - 1960: Tables 13, 14,

which is a paper prepared for the First Asian Conference of the I.A.R.I.W.

1) The figures from Szczepanik and Chou are their own estimates before offical estimation of GDP started.

(a) GDP at Factor Cost: Estimates for 1953/54, 1955/56, 1957/58 are obtained by

indirect method (interpolation and adjustment to other data.);

(b) Gross Domestic Formation: Estimates for 1947/48 - 1954/55 are taken from The Economic Growth of Hong Kong, Table 42;

estimates for 1955/56 - 1958/59 are from Mr. C. Stratton's paper presented at the I.A.R.I.Ws Conference in Hong Kong, August 1960.

Page 72: HK Economic History DB

Hong Kong Government Revenue and Expenditure

Year Revenue Expenditure

Gov_rev_a Gov_expen_a

1844 286,066 238,241

1845 345,173 336,190

1846 259,709 278,545

1847 228,336 235,199

1848 301,603 287,580

1849 170,528 299,083

1850 180,849 187,133

1851 210,600 163,752

1852 175,518 140,824

1853 136,800 145,676

1854 158,453 163,368

1855 230,275 195,907

1856 170,400 203,645

1857 282,442 314,390

1858 299,885 302,299

1859 313,080 317,323

1860 452,078 347,477

1861 610,758 526,234

1862 631,260 587,634

1863 576,375 586,566

1864 637,846 763,308

1865 843,444 937,805

1866 769,077 936,805

1867 859,404 730,917

1868 1,134,106 991,311

1869 923,653 912,853

1870 914,976 877,224

1871 844,418 894,209

1872 924,807 835,698

1873 847,324 789,874

1874 854,800 921,480

1875 896,624 869,823

1876 885,309 902,500

1877 1,005,312 873,208

1878 947,638 910,523

1879 964,095 926,868

1880 1,069,948 948,014

1881 1,324,456 981,582

1882 1,209,517 1,094,805

1883 1,289,448 1,342,299

1884 1,173,071 1,595,398

1885 1,251,890 1,621,250

1886 1,367,978 2,020,862

1887 1,427,486 2,023,002

1888 1,557,300 1,992,330

1889 1,823,549 1,833,719

1890 1,995,220 1,915,350

1891 2,025,303 2,449,086

1892 2,236,933 2,342,837

1893 2,078,135 1,920,524

1894 2,278,528 2,299,096

Page 73: HK Economic History DB

1895 2,486,229 2,972,373

1896 2,609,879 2,474,910

1897 2,686,915 2,641,410

1898 2,918,159 2,841,805

1899 3,610,143 3,162,792

1900 4,202,587 3,628,447

1901 4,213,893 4,111,722

1902 4,901,074 5,909,549

1903 5,238,858 5,396,669

1904 6,849,048 6,376,235

1905 6,918,404 6,951,275

1906 7,035,012 6,832,611

1907 6,602,280 5,757,203

1908 6,104,207 7,929,478

1909 6,822,966 6,542,839

1910 6,960,869 6,907,113

1911 7,497,231 7,077,177

1912 8,180,694 7,202,543

1913 8,512,309 8,658,013

1914 11,007,273 10,756,225

1915 11,786,107 15,149,268

1916 13,833,387 11,079,915

1917 15,058,105 14,090,828

1918 18,665,248 16,252,172

1919 16,524,975 17,915,925

1920 14,689,672 14,489,594

1921 17,728,132 15,739,652

1922 22,291,065 18,563,003

1923 24,783,763 21,571,904

1924 24,209,639 26,726,428

1925 23,244,366 28,266,818

1926 21,131,589 23,524,716

1927 21,344,543 20,845,065

1928 24,968,399 21,230,242

1929 23,554,475 21,983,257

1930 27,818,474 28,119,646

1931 33,146,724 31,160,774

1932 33,549,716 32,050,284

1933 32,099,278 31,122,715

1934 29,574,286 31,149,156

1935 28,430,550 28,291,636

1936 30,042,984 29,513,520

1937 33,196,367 32,111,222

1938 36,735,855 37,175,898

1939 41,478,052 37,949,116

1940 70,175,115 64,787,557

1941 58,953,084

1942

1943

1944

1945

1946 82,141,556 85,622,391

1947 164,298,310 127,701,174

1948 194,933,955 159,954,023

1949 264,250,543 182,121,726

Page 74: HK Economic History DB

1950 291,728,417 251,684,524

1951 308,564,248 275,844,951

1952 384,590,446 311,749,658

1953 396,881,966 355,343,609

1954 434,452,321 373,343,609

1955 454,720,189 402,463,642

1956 509,682,511 469,544,298

1957 584,185,188 532,679,217

1958 629,336,662 589,958,367

1959 664,635,001 709,953,996

1960 859,234,131 845,297,629

1961 1,030,447,880 953,205,237

1962 1,253,064,584 1,113,276,099

1963 1,393,871,322 1,295,372,841

1964 1,518,286,825 1,440,523,324

1965 1,631,701,213 1,769,130,468

1966 1,817,761,552 1,806,066,602

1967 1,959,800,000 1,849,300,000

1968 2,148,000,000 1,933,500,000

1969 2,557,600,000 2,104,900,000

1970 3,154,500,000 2,510,000,000

1971 3,639,500,000 2,967,100,000

1972 5,030,600,000 4,384,800,000

1973 5,517,500,000 5,373,900,000

1974 6,239,400,000 6,621,500,000

1975 7,253,500,000 6,574,800,000

1976 8,341,800,000 7,362,100,000

1977 10,232,600,000 6,590,900,000

1978 12,557,000,000 8,996,900,000

1979 16,796,100,000 11,090,100,000

1980 30,290,300,000 13,872,300,000

1981 35,846,500,000 30,807,700,000

1982 32,267,700,000 33,060,200,000

1983 32,813,200,000 35,346,300,000

1984 38,511,100,000 36,086,900,000

1985 43,695,300,000 40,845,100,000

1986 48,602,700,000 42,703,700,000

1987 60,876,900,000 48,375,100,000

1988 72,658,500,000 56,592,100,000

1989 82,430,200,000 71,366,500,000

1990 89,523,800,000 85,556,700,000

1991 114,699,900,000 92,191,400,000

1992 135,310,900,000 113,332,000,000

1993 166,602,200,000 147,438,100,000

1994 174,998,400,000 164,155,300,000

1995 180,045,100,000 183,158,000,000

1996 208,358,000,000 182,680,000,000

1997 281,226,000,000 194,360,000,000

1998 216,115,000,000 239,356,000,000

1999 232,995,000,000 223,043,000,000

2000 225,060,300,000 232,893,600,000

2001 175,559,800,000 238,890,300,000

2002 177,452,700,000 239,153,800,000

Page 75: HK Economic History DB

Breakdown/ Analysis of Government Expenditure

Noneffective Charges General

Administration

Undertakings of

Government

Public Health Public

Instruction

Gov_nechar_a Gov_exp_genad_ Gov_exp_govun Gov_exp_pubhea Gov_exp_pubins

24.38 1.64 2.4

26.22 1.23 1.13

29.34 1.16 1.26

29.38 1.51 1.32

27.55 1.46 1.32

0.57 40.97 3.11 2.04

0.38 44.74 3.16 1.97

0.06 43.72 2.67 2.68

0.05 36.84 3.09 2.7

0.14 36.49 2.78 1.83

0.03 33.89 2.06 3.17

1.21 28.4 1.5 2.15

0.15 27.12 1.48 2.36

0.33 26.03 1.23 1.93

24.71 1.87 2.69

0.54 23.02 4.03 3.07

0.79 25.69 4.79 2.53

2.39 20.67 2.94 1.56

1.36 20.23 2.94 1.76

1.7 22.52 2.6 1.84

1.14 16.66 2.2 1.53

1.01 22.84 1.86 1.37

1.47 32.72 1.99 1.28

2.16 35.71 2.68 1.68

1.69 26.19 2.25 1.46

1.82 29.72 2.71 1.83

2.08 25.65 3.34 2.16

2.07 24.3 4.04 2.15

2.38 25.57 3.25 2.45

1.96 26.73 4.03 2.78

2.09 26.69 3.58 2.56

1.72 25.7 4.13 3.04

1.53 23.39 4.35 2.85

1.57 25.2 4.18 2.84

2.82 27.29 4.72 3.41

2.78 27.99 4.59 3.72

2.69 31.08 5.41 3.84

2.98 30.73 5.45 3.95

3.54 27.96 5.28 4.07

2.16 24.17 4.62 3.93

1.93 24.75 3.43 3.09

2.24 23.4 3.44 3.07

2.09 20.23 3.03 2.47

4.57 19.19 3.4 2.46

7.22 24.26 3.56 2.77

8.23 23.32 7.32 3.28

7.38 24.82 7.72 3.91

6.03 20.06 6.15 3.23

7.36 23.03 7.56 3.85

13.2 24.96 8.48 4.17

14 30.39 7.41 3.53

Page 76: HK Economic History DB

7.51 22.4 5.92 2.08

9.91 26.24 9.06 3.16

11.29 27.97 8.73 2.83

11.54 27.25 8.27 2.61

10.42 31.1 8.04 2.43

8.82 25.75 7.65 2.25

8.28 26.35 7.56 2.16

6.47 27.64 6.66 1.59

7.26 17.64 12.7 2.46

5.84 14.13 10.16 2.43

5.25 17.66 9.4 2.33

4.89 20.55 9.65 2.39

5.45 17.97 11.27 3.2

6.73 15.39 8.32 2.59

4.86 19.09 9.39 3.35

6.32 11.53 8.66 3.27

7.68 10.41 13.9 8.77 3.36

12.91 10 7 8.02 3.38

11.21 10.87 10.03 7.02 3.19

9.65 14.24 14.5 5.89 2.72

7.73 20.48 24.87 4.1 2.17

8.88 24.96 7.35 5.63 2.9

8.44 32.69 5.4 4.87 2.35

6.5 42.44 3.5 4.05 2.11

5.78 38.5 3.21 3.91 2

7.59 17.34 7.54 5.88 3.72

8.63 14.94 8.91 6.2 3.75

7.65 17.08 6.63 5.35 3.92

7.2 17.13 4.08 5.1 3.97

5.68 14.06 4.98 4.73 3.55

5.48 13.94 3.66 4.83 3.61

6.37 17.37 3.77 5.49 3.86

9.32 18.81 3.68 6.26 5.24

10.78 18.89 4.67 6.44 5.19

12.42 18.5 4.3 7.19 5.24

12.29 20.16 4.66 7.31 5.91

Page 77: HK Economic History DB
Page 78: HK Economic History DB

Public Order Public Works Defence

Gov_exp_pubor_ Gov_exp_wk_a Gov_exp_defen_

21.41 50.17 Description

26.1 45.32

32.44 35.8 Hong Kong Government Finance: Revenue and Expenditure, Analysis/Breakdown of Government Expenditure

33.27 34.52

29.33 40.34 Period:

37.55 15.76

41.64 8.11 Unit:

42.52 8.35

39.58 17.74

39.6 19.16 Source:

41.9 18.95

39.02 27.72

43.9 24.99 Note:

38.1 32.38

37.82 32.91

39.76 29.58

35.08 31.12

27.78 44.66

33.68 40.03

42.42 28.92

30.42 48.05

25.23 40.01 7.68

26.82 25.51 10.21

38.89 18.88

27.43 19.46 21.52

31.6 24.17 9.95

29.77 26.31 10.69

30.97 26.07 10.4

35.54 19.94 10.87

36.19 16.63 11.68

29.66 25.02 10.4

32.81 21.35 11.25

31.5 24.62 11.76

32.57 22.05 11.59

30.71 19.55 11.5

32.06 17.02 11.84

31.79 14.08 11.11

31.77 14.05 11.07

29.71 19.45 9.99

24.5 32.28 8.34

22.75 36.65 7.4

20.76 39.85 7.24

17.08 48.94 6.16

18.13 46.23 6.32

18.26 37.17 6.76

20.23 30.3 7.32

19.47 30.19 6.51

15.99 31.35 17.19

18.4 28.32 11.48

20.21 13.01 15.97

17.06 11.01 16.57

Page 79: HK Economic History DB

12.98 36.79 12.32

16.72 13.77 21.14

15.09 16.04 18.05

13.82 18.24 18.27

14.06 13.41 20.54

15.92 21.54 18.07

15 19.96 20.69

11.26 30.22 16.16

16.05 25.38 18.51

13.42 33.4 20.62

12.17 32.75 20.44

12.19 30.54 19.8

14.72 25.5 21.88

11.25 39.38 16.34

14.45 20.52 19.32

13.83 28.15 20.36

13.58 22.65 19.65

13.76 25.19 19.74

13.43 25.59 18.66

11.09 24.37 17.54

7.98 18.47 14.2

10.14 20.51 19.63

7.66 18.62 19.97

7.83 16.41 17.16

7.36 19.25 19.99

12.22 26.45 19.26

13.34 29.5 14.73

12.49 29.48 17.4

11.17 32.65 18.7

9.45 41.5 16.05

9.39 43.71 15.4

9.47 35.61 18.05

11.72 27.91 17.05

12.58 23.33 18.11

12.29 24.85 15.21

12.67 22.93 14.07

Page 80: HK Economic History DB
Page 81: HK Economic History DB

Hong Kong Government Finance: Revenue and Expenditure, Analysis/Breakdown of Government Expenditure

1844-2002 for government revenue and expenditure;

1844-1930 for breakdown of government expenditure.

HK Dollar for government revenue and expenditure;

% for breakdown of government expenditure.

Revenue and Expenditure: Hong Kong Blue Book (1844-1940); HK Statistics 1947-67 (1947-1967), HK Annual Digest of Statistics (1968-2002).

Breakdown of Government Expenditure: Hong Kong Government (1932), Hong Kong Historical and Statistical Abstract of the Colony of Hong Kong 1841-1930.

Due to rounding off of numbers, the sum of breakdowns of government expenditure

may not be equal to 100.

Page 82: HK Economic History DB
Page 83: HK Economic History DB
Page 84: HK Economic History DB

Hong Kong Blue Book (1844-1940); HK Statistics 1947-67 (1947-1967), HK Annual Digest of Statistics (1968-2002).

Hong Kong Government (1932), Hong Kong Historical and Statistical Abstract of the Colony of Hong Kong 1841-1930.

Page 85: HK Economic History DB

Land Revenues: Major Items

Year Land Rents Land Premium Other Land and

Property Related

RevenuesGlr_rents_a Glr_prem_a Glr_other_a

1844 5545.54 1786.52 811.80

1845 12067.04 76.72 2507.58

1846 12388.46 72.41 3111.56

1847 13996.52 16.85 3134.93

1848 12175.08 0.00 2894.82

1849 10035.60 29.55 3259.57

1850 11416.25 14.04 3010.72

1851 11127.27 57.75 3297.99

1852 9061.97 213.30 3145.69

1853 11455.68 184.17 3027.41

1854 10266.51 1228.59 3223.35

1855 11199.81 16101.05 3519.67

1856 14389.83 1154.56 3520.67

1857 14984.31 14786.79 3872.28

1858 18189.85 1918.59 5845.43

1859 18293.31 1559.83 7786.53

1860 18247.81 18316.41 7550.80

1861 20801.84 36767.59 8528.26

1862 21846.48 29946.17 8706.88

1863 27347.13 1359.65 9116.56

1864 24747.85 3208.64 9636.77

1865 31222.95 12218.90 10916.88

1866 28910.72 255.00 9255.68

1867 29616.96 13812.50 13347.76

1868 27130.48 3062.50 11952.17

1869 27656.60 0.00 10533.38

1870 26285.36 0.00 11625.48

1871 25412.29 83.33 12524.38

1872 25225.89 83.33 12225.93

1873 25184.77 201.46 11523.12

1874 25225.89 237.50 13959.36

1875 25252.18 606.25 17717.90

1876 25120.67 2979.69 13859.26

1877 123020.70 0.00 75209.05

1878 123179.13 0.00 75100.91

1879 132988.68 1787.59 69258.32

1880 127478.75 6328.35 73925.02

1881 125861.03 310.00 74206.34

1882 142633.75 534.00 79816.05

1883 146412.37 450.00 90765.61

1884 158085.80 115.00 89162.72

1885 147685.90 220.00 91907.01

1886 151354.26 320.00 93191.84

1887 184053.33 300.00 97391.26

1888 186184.44 805.00 87043.01

1889 196984.72 705.00 74870.40

1890 211068.16 430.00 91440.64

1891 206423.81 52136.47 98784.82

1892 215432.04 122398.84 97223.36

1893 229413.47 63536.08 101740.24

Page 86: HK Economic History DB

1894 251377.12 71899.38 104607.10

1895 239222.47 131341.79 126160.54

1896 228814.53 272232.49 143744.94

1897 251989.17 225205.59 144136.72

1898 246491.01 134688.87 154623.10

1899 263739.95 127478.77 170747.05

1900 286968.54 152339.87 195808.73

1901 328034.98 242210.06 227434.60

1902 334203.72 573501.22 238082.43

1903 358726.52 512970.71 256956.49

1904 410493.73 488453.64 277827.68

1905 393974.04 393479.76 278187.78

1906 519273.75 317043.21 307425.45

1907 519987.81 6604115.25 289660.09

1908 486802.30 71328.19 296289.50

1909 507750.70 36901.42 312812.93

1910 513765.94 63955.99 318616.36

1911 525407.90 272930.59 315831.25

1912 528874.44 165604.58 344858.06

1913 531345.46 295955.48 367404.81

1914 554800.53 267636.43 381847.49

1915 558514.17 99732.85 375354.38

1916 562477.18 353531.63 404189.44

1917 564647.31 165384.23 390912.44

1918 585579.30 302794.23 424666.41

1919 597252.91 267062.23 444178.10

1920 599650.23 559399.13 463805.33

1921 660809.72 1636962.55 497379.08

1922 661554.39 2727413.57 470562.21

1923 687815.22 3495777.17 496031.31

1924 726017.80 1911875.86 537619.60

1925 709119.81 575572.62 524465.83

1926 776297.18 294036.61 469955.30

1927 767392.09 149155.34 515842.59

1928 798000.87 1641895.65 533138.11

1929 842058.44 1943301.29 569474.25

1930 956863.33 2890459.03 585032.19

1931 959083.44 3195187.94 460101.29

1932 1026683.92 1415178.40 489198.08

1933 1029974.65 1009731.19 470664.61

1934 1108935.23 594382.57 528441.38

1935 787704.79 270406.56 453866.77

1936 826440.27 303340.50 460924.12

1937 1134629.60 568283.72 578564.74

1938 1234466.14 1226960.47 651839.96

1939 1202096.97 2165728.81 829279.24

1940 1371940.25 1166421.78 836390.88

Page 87: HK Economic History DB

Land Revenues: Minor Items

Premium on

Leases Sold

Deposits on

Land Sold

Fees on Grant of

Leases

Crown Rent for

HongKong and

Kowloon

Crown Rent for

the New

TerritoriesGlr_plesd_a Glr_pldep_a Glr_plefe_a Glr_recrhk_a Glr_recrnt_a

1450.29 336.23 5545.54

76.72 12067.04

72.41 12388.46

16.85 13996.52

12175.08

29.55 10035.60

14.04 11416.25

43.96 13.79 11127.27

192.92 20.39 9061.97

165.63 18.54 11455.68

1179.38 49.22 10266.51

15720.83 380.22 11199.81

1141.11 13.45 14389.83

14743.75 43.04 14884.40

1894.79 23.80 17907.95

1493.75 66.08 18050.94

18182.65 133.76 17878.20

36374.17 393.43 20625.79

29710.83 235.34 21688.84

1352.08 7.56 27212.43

2778.36 430.27 24293.10

12218.90 30886.06

255.00 28395.14

13812.50 29153.09

3062.50 26701.21

0.00 27228.63

0.00 25754.86

83.33 24935.51

83.33 24602.99

201.46 24383.61

237.50 24485.91

606.25 24510.91

2979.69 24512.66

120554.04

120363.67

1407.59 380.00 130437.10

5998.35 330.00 125167.36

310.00 123115.59

534.00 140467.25

450.00 143817.46

115.00 156136.75

220.00 144720.85

320.00 149288.84

300.00 153995.01

805.00 156625.78

705.00 167208.63

430.00 180170.86

51761.47 375.00 180158.25

121828.84 570.00 189867.44

62971.08 565.00 210850.10

Page 88: HK Economic History DB

71294.38 605.00 228555.67

130471.79 870.00 230803.46

270858.99 1373.50 217282.39

224500.59 705.00 241798.70

133318.87 1370.00 235775.74

126558.77 920.00 248441.77

151034.87 1305.00 280402.69 289.80

240315.06 1895.00 289885.56 28783.55

571361.22 2140.00 316383.48 6287.10

510165.71 2805.00 318806.33 22122.17

486098.64 2355.00 334175.24 52022.68

392259.76 1220.00 328556.00 40837.72

315733.21 1310.00 352962.03 138514.89

6602280.25 1835.00 371167.80 109961.16

69358.19 1970.00 355195.84 100656.89

31596.42 5305.00 363872.99 100939.35

62685.99 1270.00 343409.68 115429.26

270005.59 2925.00 348059.07 116262.14

163784.58 1820.00 355154.69 118317.53

292285.48 3670.00 345967.40 119638.71

265186.43 2450.00 368019.96 121850.88

94277.85 5455.00 364024.55 121652.68

349571.63 3960.00 358347.18 125123.84

161014.23 4370.00 360629.10 122688.45

299289.23 3505.00 378068.29 128759.91

263960.23 3102.00 372447.96 132585.96

556349.13 3050.00 380926.45 131120.19

1634097.55 2865.00 395186.36 144878.99

2721803.57 5610.00 418629.89 145549.08

3488797.17 6980.00 438038.89 148933.13

1909235.86 2640.00 454697.20 151065.49

570242.62 5330.00 454085.08 153194.70

286341.61 7695.00 504585.04 159520.14

143683.34 5472.00 491691.45 160179.57

1635235.65 6660.00 487434.61 173096.52

1936171.29 7130.00 507947.23 174347.37

2864897.03 25562.00 526750.92 208297.98

3177807.94 17380.00 548236.28 193529.12

1370658.40 44520.00 546533.86 200942.65

972861.19 36870.00 539085.65 209134.30

558472.57 35910.00 604753.72 220464.40

244956.56 25450.00 569165.15 218539.64

269230.50 34110.00 606815.97 219624.30

528463.72 39820.00 596477.64 228426.99

1199510.47 27450.00 631179.00 230101.45

2139818.81 25910.00 606984.35 248817.30

1149801.78 16620.00 649355.63 264619.96

Page 89: HK Economic History DB

Fees on lands

occupied by Chinese,

not leasedGlr_relchi_a

Description

Land Revenues of the HK Government in 1844-1940

Period: 1844-1940

Unit of Account: 1844-76: UK Pound

1877-1940: HK Dollar

Source: Hong Kong Blue Book

Major Items: Land Rents;

Land Premium;

Other Land and Property Related Revenues.

99.91

281.91 Minor Items:

242.37 Sub-items of Land Premium: Premium on Leases Sold;

369.60 Deposits on Land Sold;

176.05 Fees on Grant of Leases.

157.64

134.70 Sub-items of Land Rent: Crown Rent for Kowloon and Hong Kong;

454.74 Crown Rent for the New Territories;

336.90 Lands occupied by Chinese not leased.

515.58

463.87 The items under "Other Land and "on fisheries", "villages (land not leased)", "land for cultivation", "stone quarries", "public building (rentals for government building)",

429.27 Property Related Revenues": "cattle shed (rent of government property, land and houses)", "cattle depot (Ma Tau Kok), "slaughter house",

427.98 "slaughter (Ma Tau Kok)", "sheep and pig depots", "laundries (rents)", "verandah (rents, excl. of lands)",

530.50 "piers (rents, exclusive of lands)", "pineapple land leases", "rents of salt pans (rent of government property, land, and houses)",

476.79 "markets", "government property sold".

622.89

801.16

739.98

741.27

608.02

2466.66

2815.46

2551.58

2311.39

2745.44

2166.50

2594.91

1949.05

2965.05

2065.42

30058.32

29558.66

29776.09

30897.30

26265.56

25564.60

18563.37

Page 90: HK Economic History DB

22821.45

8419.01

11532.14

10190.47

10715.27

15298.18

6276.05

9365.87

11533.14

17798.02

24295.81

24580.32

27796.83

38858.85

30949.57

42938.36

54927.00

61086.69

55402.22

65739.35

64929.69

72836.94

79006.16

81329.76

78751.10

92218.99

87603.59

120744.37

97375.42

100843.20

120255.11

101840.03

112192.00

115521.07

137469.74

159763.84

221814.43

217318.04

279207.41

281754.70

283717.11

309724.97

373185.69

346295.32

457964.66

Page 91: HK Economic History DB

1844-76: UK Pound

1877-1940: HK Dollar

Hong Kong Blue Book

Other Land and Property Related Revenues.

Premium on Leases Sold;

Deposits on Land Sold;

Fees on Grant of Leases.

Crown Rent for Kowloon and Hong Kong;

Crown Rent for the New Territories;

Lands occupied by Chinese not leased.

"on fisheries", "villages (land not leased)", "land for cultivation", "stone quarries", "public building (rentals for government building)",

"cattle shed (rent of government property, land and houses)", "cattle depot (Ma Tau Kok), "slaughter house",

"slaughter (Ma Tau Kok)", "sheep and pig depots", "laundries (rents)", "verandah (rents, excl. of lands)",

"piers (rents, exclusive of lands)", "pineapple land leases", "rents of salt pans (rent of government property, land, and houses)",

"markets", "government property sold".

Page 92: HK Economic History DB
Page 93: HK Economic History DB

"on fisheries", "villages (land not leased)", "land for cultivation", "stone quarries", "public building (rentals for government building)",

"piers (rents, exclusive of lands)", "pineapple land leases", "rents of salt pans (rent of government property, land, and houses)",

Page 94: HK Economic History DB

Licensed Bank Branches and Offices

Year No. of Licensed

Banks

No. of Branches Total Offices

Lb_brnum_a Lb_bran_a Lb_broff_a

1954 94 3 97

1955 91 3 94

1956 86 4 91

1957 83 5 88

1958 81 8 89

1959 82 13 95

1960 86 38 124

1961 85 101 186

1962 92 121 213

1963 87 144 231

1964 88 204 292

1965 86 215 301

1966 76 242 318

1967 75 256 331

1968 75 274 349

1969 73 289 362

1970 73 326 399

1971 74 358 431

1972 74 404 478

1973 74 469 542

1974 74 557 631

1975 74 629 703

1976 74 685 759

1977 74 719 803

1978 88 790 878

1979 105 906 1011

1980 113 1032 1145

1981 121 1181 1302

1982 131 1343 1474

1983 136 1395 1531

1984 140 1407 1547

1985 143 1251 1394

1986 151 1235 1386

1987 154 1233 1387

1988 158 1239 1397

1989 165 1212 1377

1990 166 1233 1399

1991 160 1249 1409

1992 161 1248 1409

1993 168 1265 1433

1994 176 1288 1464

1995 185 1279 1464

1996 182 1294 1476

1997 180 1331 1511

1998 171 1337 1508

1999 156 1334 1490

2000 151 1303 1454

2001 146 1259 1405

2002 133 1197 1330

Page 95: HK Economic History DB

Description

Numbers of Licensed Banks, Bank Branches, and Bank Offices in Hong Kong

Period: 1954-2002

Source: Yu-ching Jao (1974), Banking and Currency in Hong Kong-A Study of Postwar Financial Development :

Table 2.1. The data for Jao (1974) is from the Exchange Fund at that time.

Hong Kong Monthly Digest of Statistics .

Note: In most cases, the number of bank offices would be equal to the sum of

the number of licensed banks and the number of bank offices. The exceptions are

due to the operational definitions of the data.

Page 96: HK Economic History DB

Yu-ching Jao (1974), Banking and Currency in Hong Kong-A Study of Postwar Financial Development :

Table 2.1. The data for Jao (1974) is from the Exchange Fund at that time.

the number of licensed banks and the number of bank offices. The exceptions are

Page 97: HK Economic History DB

Licensed Bank Deposits

Year Total Deposits Demand: Total Demand: HK

Dollar

Demand: Foreign

CurrencyLbd_tot_a Lbd_dtot_a Lbd_dhk_a Lbd_dfn_a

1954 1068 828

1955 1137 852

1956 1267 928

1957 1412 955

1958 1582 988

1959 2055 1205

1960 2681 1392

1961 3367 1470

1962 4311 1664

1963 5425 1997

1964 6491 2337

1965 7250 2532

1966 8405 2681

1967 8162 2658

1968 10367 3144

1969 12297 3714

1970 14955 4326

1971 18785 4089

1972 24613 6729

1973 26191 5924

1974 30998 6078

1975 36343 7760

1976 44030 9667

1977 53019 12650

1978 59929 13567

1979 67985 13566

1980 86753 15831 14709 1122

1981 104457 15367 13921 1446

1982 190259 16043 14644 1399

1983 239874 18182 15564 2619

1984 296103 23518 20078 3440

1985 367224 28409 24949 3460

1986 491353 36799 32305 4494

1987 641685 57138 49061 8076

1988 778989 58958 49381 9577

1989 937654 60666 50992 9675

1990 1155119 69815 54132 15683

1991 1311432 85889 69161 16728

1992 1449390 103385 87307 16078

1993 1679397 124255 105086 19168

1994 1888207 117551 100139 17412

1995 2169757 119136 100307 18830

1996 2399812 140944 121794 19149

1997 2643809 127504 107545 19958

1998 2953956 116493 97086 19406

1999 3209818 125637 105820 19818

2000 3490655 152086 112205 39881

2001 3366629 156429 128214 28215

2002 3275756 182416 146177 36239

Page 98: HK Economic History DB

1928

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

Page 99: HK Economic History DB

Time: Total Time: HK Dollar Time: Foreign

Currency

Savings: Total Savings: HK

DollarLbd_ttot_a Lbd_thk_a Lbd_tfn_a Lbd_stot_a Lbd_shk_a

139 101

152 133

173 166

267 190

350 244

482 368

752 537

1234 663

1768 879

2283 1145

2639 1515

3098 1620

3742 1982

3324 2180

4432 2791

5216 3367

6407 4222

8623 6074

9579 8306

12657 7610

16283 8637

15780 12803

18423 15940

19616 20753

21512 24850

21161 33258

28114 21391 6722 42808 40031

36239 23876 12363 52852 48073

104626 31324 73302 69590 61907

150535 50406 100129 71156 58704

191436 71686 119750 81150 66241

240050 67955 172095 98765 81216

329078 83083 245995 125476 97949

403439 90820 312619 181109 138612

544502 145637 398865 175529 118951

683802 171725 512077 193186 135413

853632 207959 645673 231672 159468

911491 241745 669747 314052 229287

992126 270673 721453 353878 244792

1132861 384034 748826 422282 281744

1370151 521498 848653 400506 274694

1611224 705005 906218 439397 300697

1738293 858870 879423 520575 366109

2025287 1049984 975303 491019 336061

2254090 1148591 1105498 583374 414445

2440619 1177127 1263491 643563 451728

2642660 1229572 1413089 695909 492577

2358747 1093412 1265334 851454 613931

2147099 983502 1163596 946500 674309

Page 100: HK Economic History DB

1928

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

Page 101: HK Economic History DB

Pre-World-War-II HSBC Deposits

Savings: Foreign

Currency

Year HSBC Deposits

Lbd_sfn_a Lbd_hsbc_a

1867 5,062,231

1868 5,953,717

1869 6,052,180

1870 9,399,215

1871 11,063,056

1872 13,703,286

1873 16,804,556

1874 na

1875 11,526,293

1876 11,761,451

1877 20,317,115

1878 22,435,526

1879 22,551,960

1880 24,198,573

1881 32,932,910

1882 na

1883 45,765,854

1884 51,997,907

1885 65,615,079

1886 69,865,901

1887 70,996,295

1888 76,745,738

1889 89,289,205

1890 103,112,514

1891 114,031,037

1892 99,741,482

2777 1893 89,707,681

4779 1894 104,300,754

7683 1895 143,326,029

12452 1896 141,538,744

14909 1897 121,046,559

17549 1898 131,016,827

27527 1899 na

42497 1900 150,742,505

56578 1901 189,772,032

57773 1902 220,692,316

72204 1903 200,627,715

84764 1904 213,949,549

109085 1905 221,955,140

140538 1906 199,209,882

125812 1907 224,077,167

138700 1908 298,578,702

154466 1909 272,420,444

154958 1910 264,068,651

168929 1911 298,296,886

191835 1912 288,445,527

203331 1913 298,190,661

237522 1914 329,312,276

272191 1915 329,670,598

1916 303,067,800

1917 314,027,583

1918 341,170,762

Page 102: HK Economic History DB

1919 337,219,238

1920 451,065,599

1921 480,871,429

1922 502,331,073

1923 503,855,963

1924 523,077,091

1925 550,900,000

1926 616,075,562

1927 557,687,091

1928 547,999,666

1929 654,766,217

1930 925,339,121

1931 773,481,394

1932 931,637,829

1933 873,953,655

1934 683,397,449

1935 776,159,742

1936 837,943,852

1937 860,159,547

1938 872,271,834

1939 839,796,087

1940 880,921,158

Page 103: HK Economic History DB

Description

Licensed Bank Deposits in Hong Kong

Pre-World-War-II Hong Kong and Shanghai Bank Corporation Deposits (HSBC Deposits)

Period: 1954-2002 for Bank Deposits in Hong Kong;

1867-1940 for HSBC Deposits.

Period covered for breakdown of deposits into "HK dollar" and "foreign currency": 1980-2002.

Unit: HKD Million for Bank Deposits in Hong Kong;

HK Dollar for HSBC Deposits.

Year-end Figures

Source: Hong Kong Statistics 1947-67 (1954-1967), Hong Kong Government Gazette Supplement 4 (1968-70),

Hong Kong Annual Digest of Statistics (1971-2002).

Hong Kong & Shanghai Banking Corporation Annual Report (under various titles).

Note: For bank deposits in Hong Kong, the data since 1980 is a new series.

Page 104: HK Economic History DB
Page 105: HK Economic History DB

Period covered for breakdown of deposits into "HK dollar" and "foreign currency": 1980-2002.

Hong Kong Statistics 1947-67 (1954-1967), Hong Kong Government Gazette Supplement 4 (1968-70),

Hong Kong & Shanghai Banking Corporation Annual Report (under various titles).

Page 106: HK Economic History DB

Food

Year Foodstuffs: Main

Index

Beans Beef Eggs

Pwp_food_a Pwp_fbean_a Pwp_fbeef_a Pwp_fegg_a

1913 73.6

1914

1915

1916

1917

1918

1919

1920

1921

1922 100

1923 104.6

1924 110.3 100.3 116.9 94.5

1925

1926

1927

1928

1929

1930

1931 144.3 130.9 218 131.1

1932 126.5 118.6 152.3 104.5

1933 113.4 101.3 173.2 96.7

1934 94.3 83.9 121.3 86

1935 85.4 78.7 128 73.6

1936 113.3 121.4 161.1 93

1937 136.2 145.4 188.9 107.7

1938 131.6 135.9 178.2 103.3

1939 134.9 119.1 236 150.7

1940 174.8 170.8 241.7 170.4

Page 107: HK Economic History DB

Wheat Flour Salt Fish Fresh Fruits Lard Condensed Milk

Pwp_fwflour_a Pwp_fsfish_a Pwp_ffruit_a Pwp_flard_a Pwp_fcmilk_a

96.4 87.6 123.4 106.9 92.2

114 125.9 306.7 138 185.2

98.5 150 274.5 114.7 176.8

85.7 153.4 250.1 101.2 170.9

75.8 137.1 233 78.5 137.9

66.3 113.9 201.5 82.7 111.4

104.4 97.5 256.2 113.2 109.5

141.2 106.9 310 146.2 115.6

116.1 100.2 303.2 105.6 130.3

90.7 121.1 272.5 86.4 137.7

143.5 135.8 450.8 132.1 171

Page 108: HK Economic History DB

Mutton Onions Peanut Oil Pork Potatoes

Pwp_fmutn_a Pwp_fonion_a Pwp_fpoil_a Pwp_fpork_a Pwp_fpotatoes_a

114.3 103.1 111.6 103.6 93.4

173.9 141.1 117.1 133.8 109

132.9 104.1 122.1 119.8 109.6

139.4 81.6 101.7 109.6 86.2

143.2 63.8 73.1 87.3 71.8

116.7 48.8 84.7 77.3 60.4

172.7 94.4 131.3 97.3 88

183.7 94.9 151.3 151.9 102.8

187.5 134.3 111.6 124.4 134.7

172.7 100.2 123.3 155.6 124

187.1 131.5 163.6 222.1 137.2

Page 109: HK Economic History DB

Poultry Broken Rice White Rice Raw Sugar Vegatables

Pwp_fpoul_a Pwp_fbrice_a Pwp_fwrice_a Pwp_frsug_a Pwp_fvegt_a

111 112.3 110.2 135.8 96.3

175.2 126.1 133.2 99 64.3

147.7 118.3 113.5 86.6 56.8

117 88.9 93.5 78.7 45.2

88.8 66.1 72.2 60.5 45.4

86.1 68.6 71.4 43.3 46.6

92.2 103 106.3 71.8 55.5

124.7 133 123.5 92.2 56.1

118.1 125.8 120.9 86 59.5

145.8 113.9 109 108.2 50.8

197.3 172.6 157.6 136 62.9

Page 110: HK Economic History DB

Metals and Minerals

Vermicelli Metals and Minerals:

Main Index

Brass Sheets Yellow Metal

SheathingPwp_fverm_a Pwp_metal_a Pwp_mebsh_a Pwp_meymshe_a

63.2

100

97.7

106.5 102.2 99.9 95.8

120.2 140.9 127.1 159.5

101.7 128.1 100.1 115.9

80.3 107.8 99.9 109.7

66 97.4 86.8 86.9

63.3 79.8 67.2 73.5

84.7 107.2 86.1 103.9

112.4 146.1 145 145.9

123.9 147.3 137.5 130.1

146.2 145 149.8 130.3

137.8 210 208.4 199.2

Page 111: HK Economic History DB

Coal Iron Steel Bars Iron Steel Nails Iron Steel Plates Pig Lead

Pwp_mecoal_a Pwp_meisbar_a Pwp_meisnail_a Pwp_meisplate_a Pwp_meplead_a

88.1 90.1 93.5 124.7 131.2

119.8 113.3 116.5 191.9 150.8

110.2 85.3 117 147.5 120.3

92.9 84.4 118.8 157.3 86.6

83.9 93.7 101.8 142.6 83

73.1 78.9 62.6 112.4 76.5

85 108.4 86.4 175 148.9

107.7 163.7 132.8 231.9 214

135.4 227.5 162.2 263.8 144.6

132.4 197 158.4 234.4 150

257.7 286.4 231.9 320.1 228.7

Page 112: HK Economic History DB

Kerosene Oil Fuel Lubricating Oil Petrol Tin

Pwp_mekero_a Pwp_meoil_a Pwp_meluoil_a Pwp_mepetr_a Pwp_metin_a

72 97 93.5 91.1 150.4

103.7 212 131.8 87.5 177.4

91 285.5 140.6 74.6 149.4

67.6 151.7 79.6 55.9 188.8

33.7 145.3 81 26.9 203.3

29.7 126.5 69.4 19.8 168

40.8 148.4 70.6 33.4 200.1

53.7 178.3 74.7 39.7 266.3

49.6 152.9 95.3 32.7 236

35.7 169.7 95.6 37.7 249

65.1 215.8 117 69.4 320

Page 113: HK Economic History DB

Miscellaneous

Miscellaneous:

Main Index

Cement Charcoal Feather, Duck

Pwp_miscell_a Pwp_micem_a Pwp_michar_a Pwp_midfea_a

64.2

100

96.9

100.6 75 118.3 157.4

125.4 71.8 43.6 160.7

109.7 61.2 35.9 124.1

95.7 41.9 33.8 80.8

88.5 45.8 36.3 102.7

72.3 42.3 31.3 90.1

92.5 40.4 32.4 119.2

124.4 48.3 33.1 196.7

127.3 101.4 36.6 142.4

125.9 97.9 42.1 136.1

164.5 148.6 57.4 155.7

Page 114: HK Economic History DB

Firewood Hardwoods Hides, Cow Hides, Buffalo Leather, Sole

Pwp_mifwood_a Pwp_mihwood_a Pwp_michide_a Pwp_mibhide_a Pwp_mislea_a

89.7 80.5 178.8 114.3 87.3

114.6 92.7 192.8 192.6 135.7

110.6 80.8 134.5 159 123.3

104.6 80.8 113.1 164.6 102.3

93.9 73.6 147 84.2 99.2

80.6 60.9 119.9 96 73.5

74.1 89 208.3 125.4 101.6

93.2 86.8 322.8 211.4 150.5

117.8 75.9 277.5 229.9 147.9

139.6 73.1 251.1 253.4 135.7

188.1 87.7 283.4 306.7 153.1

Page 115: HK Economic History DB

Paper, Chinese Rattans Saltpetre Softwoods Soda Ash

Pwp_micpap_a Pwp_miratn_a Pwp_misalp_a Pwp_miswood_a Pwp_misash_a

108.8 89.5 98 115.9 98.3

98.3 130.2 154 127 147.7

110 126.4 132.2 114.9 128.8

69.4 118.4 120.2 95.5 101

52.2 113 99.3 91.9 80.2

64 85.7 76.8 78 65.6

56 111.5 95.7 106.2 81.3

76.7 150.4 107.6 140.4 81.1

74.5 140.9 117.5 136.7 71.9

80.9 133.8 122.9 136.6 81.8

88.5 166.5 212.1 170.3 117.4

Page 116: HK Economic History DB

Textiles

Sulphuric Acid Sulphate of

Ammonia

Textiles: Main Index Cotton Yarn

Pwp_misacid_a Pwp_miasul_a Pwp_textiles_a Pwp_tasilk_a

55.1

100

100.9

85.4 96.7 115.7 120.5

131.2 87.5 135.8 141.4

127.7 76.8 125.2 120.1

136.2 72.4 97 92.3

152 56.2 85.9 86.2

67.9 52.7 74.2 77.1

83.9 62.3 99.4 105

102.3 64.9 117.7 128.5

163 75.3 116.1 119.5

125.2 78.3 106.2 101.2

173 159 144 128.3

Page 117: HK Economic History DB

Dyed Plain

Cottons

Dyed Figured

Plain Italians

White 40/43yds

Shirtings

Manila Hemp Gunny Bags

Pwp_tdpcot_a Pwp_tdfpita_a Pwp_twshirt_a Pwp_tmhemp_a Pwp_tgbag_a

100.4 82.2 91.4 137.9 201.5

94.8 87.5 97.5 116.9 291.1

88.4 100 83.5 97.3 240.6

77.6 61.8 68.8 80.8 220.5

66.3 61.6 51.2 64.7 183.9

57.2 57.3 38.9 67.4 147.8

60.9 69.2 50.3 140 197.8

86.2 109.2 69.6 186.2 214.5

95.3 90.8 69.2 102.2 184.5

82.6 64.1 54.2 105.2 235.6

103.3 72.1 67.2 133.3 378.4

Page 118: HK Economic History DB

Hessian Cloth Silk Piece Goods Artificial Silk

Yarn

Wool & Union

Blankets

Flannels

Pwp_thcloth_a Pwp_tsilkp_a Pwp_tasilk_a Pwp_twublan_a Pwp_tflan_a

138 91.4 94.3 105.2 105

64.9 85.3 45.1 156.5 352.4

83.2 75.9 45 124.3 349.2

73.6 72.2 40 101.5 181.2

62.4 63.4 30 94.7 175.2

42.2 56.4 19.8 78.1 203.6

96 68.9 20.5 106.6 216.2

50.3 63.2 27 113.6 274.1

53.8 72.7 32.7 149.3 317.6

61.4 65.9 26 124.3 272.3

78.6 77.5 44.4 198 304.4

Page 119: HK Economic History DB

Woollen Suitings

& TweedsPwp_twstw_a

Description

Pre-World-War-II Wholesale Price Index: Food, Metals and Minerals, Miscellaneous, Textiles.

Period: For the four group's main index: 1913, 1924, and 1931-40;

for the individual index: 1924 and 1931-40.

Base: 1922=100

Frequency: Annual

Source: Hong Kong Administrative Report 1924 (1913, 1923-24);

Hong Kong Blue Book : Section on Imports and Exports, issues 1934, 1938 and 1940 (1931-40).

81.8

Notes: The Wholesale Price Index for 1913 have been calculated from the prices of 46 articles shown in

the Chinese Maritime Customs Returns for the Kowloon and Canton Districts.

Coverage

Food index include: Main index (composite), beans, beef, eggs, flour(wheat), salt fish, fruits(fresh), lard,

milk(condensed), mutton, onions, peanut oil, pork, potatoes, poultry, rice(broken),

96 rice(white), sugar(raw), vegetables(dried, etc.), vermicelli.

94.6

93.7 Metals and Minerals index include: Main index (composite), brass sheets, coal, iron and steel bars, iron and steel nails, iron and steel plates,

91.5 kerosene, lubricating oil, oil fuel, petrol, pig lead, tin, yellow metal sheathing.

44.3

61.5 Miscellaneous index include: Main index (composite), sulphate of ammonia, buffalo hides, cement, charcoal, cow hides, Chinese paper,

89.8 duck feathers, firewood, hardwoods, rattans, sulphuric acid, sole leather, soda ash, salpetre, softwoods.

105.8

81.9 Textiles index include: Main index (composite), artificial silk yarn, cotton yarn, dyed figured plain Italian, dyed plain cotton, flannels,

142.8 gunny bags, Hessian cloth, Manila Hemp, silk piece goods, white 40/43 yards shirtings, woollen suiting and tweeds,

wool and union blankets.

Page 120: HK Economic History DB

Pre-World-War-II Wholesale Price Index: Food, Metals and Minerals, Miscellaneous, Textiles.

For the four group's main index: 1913, 1924, and 1931-40;

for the individual index: 1924 and 1931-40.

Hong Kong Administrative Report 1924 (1913, 1923-24);

Hong Kong Blue Book : Section on Imports and Exports, issues 1934, 1938 and 1940 (1931-40).

The Wholesale Price Index for 1913 have been calculated from the prices of 46 articles shown in

the Chinese Maritime Customs Returns for the Kowloon and Canton Districts.

Main index (composite), beans, beef, eggs, flour(wheat), salt fish, fruits(fresh), lard,

milk(condensed), mutton, onions, peanut oil, pork, potatoes, poultry, rice(broken),

rice(white), sugar(raw), vegetables(dried, etc.), vermicelli.

Main index (composite), brass sheets, coal, iron and steel bars, iron and steel nails, iron and steel plates,

kerosene, lubricating oil, oil fuel, petrol, pig lead, tin, yellow metal sheathing.

Main index (composite), sulphate of ammonia, buffalo hides, cement, charcoal, cow hides, Chinese paper,

duck feathers, firewood, hardwoods, rattans, sulphuric acid, sole leather, soda ash, salpetre, softwoods.

Main index (composite), artificial silk yarn, cotton yarn, dyed figured plain Italian, dyed plain cotton, flannels,

gunny bags, Hessian cloth, Manila Hemp, silk piece goods, white 40/43 yards shirtings, woollen suiting and tweeds,

wool and union blankets.

Page 121: HK Economic History DB

gunny bags, Hessian cloth, Manila Hemp, silk piece goods, white 40/43 yards shirtings, woollen suiting and tweeds,

Page 122: HK Economic History DB

Silver Dollar Exchange Rate

Year Silver Dollar Silver Price:

Highest

Silver Price:

Lowest

Exrt_hksild_a Exrt_silhigh_a Exrt_sillow_a

1841 0.252 0.249

1842 0.250 0.247

1843 0.217 0.248 0.246

1844 0.223 0.249 0.247

1845 0.217 0.249 0.245

1846 0.251 0.246

1847 0.252 0.245

1848 0.250 0.244

1849 0.208 0.250 0.248

1850 0.256 0.248

1851 0.257 0.250

1852 0.247 0.258 0.249

1853 0.250 0.258 0.253

1854 0.208 0.258 0.254

1855 0.208 0.257 0.250

1856 0.208 0.259 0.252

1857 0.208 0.260 0.254

1858 0.208 0.258 0.253

1859 0.261 0.257

1860 0.260 0.255

1861 0.256 0.251

1862 0.256 0.251

1863 0.257 0.254

1864 0.260 0.253

1865 0.257 0.252

1866 0.259 0.252

1867 0.255 0.252

1868 0.255 0.251

1869 0.223 0.254 0.250

1870 0.217 0.253 0.251

1871 0.220 0.254 0.251

1872 0.217 0.255 0.247

1873 0.206 0.250 0.241

1874 0.205 0.248 0.239

1875 0.199 0.240 0.231

1876 0.205 0.244 0.195

1877 0.202 0.243 0.222

1878 0.183 0.230 0.206

1879 0.188 0.233 0.204

1880 0.191 0.220 0.215

1881 0.185 0.221 0.212

1882 0.184 0.219 0.208

1883 0.183 0.214 0.209

1884 0.181 0.214 0.206

1885 0.172 0.208 0.195

1886 0.159 0.196 0.175

1887 0.160 0.196 0.180

1888 0.152 0.186 0.173

1889 0.155 0.185 0.158

1890 0.173 0.228 0.182

1891 0.162 0.203 0.181

1892 0.144 0.182 0.158

Page 123: HK Economic History DB

1893 0.124 0.162 0.127

1894 0.105 0.133 0.113

1895 0.104 0.130 0.113

1896 0.108 0.132 0.124

1897 0.095 0.124 0.098

1898 0.095 0.118 0.104

1899 0.097 0.121 0.111

1900 0.101 0.126 0.113

1901 0.097 0.123 0.104

1902 0.086 0.108 0.090

1903 0.085 0.119 0.090

1904 0.092 0.119 0.102

1905 0.097 0.126 0.106

1906 0.108 0.138 0.121

1907 0.107 0.135 0.101

1908 0.086 0.113 0.092

1909 0.084 0.104 0.096

1910 0.088 0.109 0.097

1911 0.086 0.109 0.099

1912 0.099 0.124 0.105

1913 0.098 0.122 0.108

1914 0.090 0.114 0.092

1915 0.084 0.116 0.093

1916 0.111 0.155 0.109

1917 0.145 0.229 0.149

1918 0.161 0.206 0.177

1919 0.186 0.330 0.198

1920 0.221 0.373 0.162

1921 0.133 0.181 0.128

1922 0.126 0.156 0.127

1923 0.114 0.140 0.127

1924 0.119 0.150 0.131

1925 0.117 0.139 0.129

1926 0.110 0.133 0.101

1927 0.100 0.117 0.103

1928 0.101 0.120 0.109

1929 0.096 0.110 0.089

1930 0.069 0.090 0.060

1931 0.052 0.090 0.050

1932 0.066 0.085 0.068

1933 0.067 0.085 0.069

1934 0.075 0.105 0.076

1935 0.098 0.151 0.087

1936 0.063 0.096 0.079

1937 0.062 0.090 0.076

1938 0.062 0.086 0.077

1939 0.061 0.098 0.067

1940 0.062 0.098 0.084

Page 124: HK Economic History DB

Description

Silver Dollar Exchange Rate: Silver Dollar in Hong Kong,

Annual Highest Silver Price, Annual Lowest Silver Price.

Period: 1843-1940 for Silver Dollar,

1841-1940 for Silver.

Unit: UK Pound per Silver Dollar,

UK Pound per Ounce of 0.925 fine Silver.

Yearly-Average Data for Silver Dollar

Source: C.F. Joseph Tom (1964), The Entrepot Trade and the Monetary Standards

of Hong Kong, 1842-1941 : Appendices 13-15.

Note: Price of silver is the price quoted in London.

Page 125: HK Economic History DB
Page 126: HK Economic History DB

C.F. Joseph Tom (1964), The Entrepot Trade and the Monetary Standards

Page 127: HK Economic History DB

Telephone Lines

Year Exchange Lines Extensions Total Stations

Tel_exline_a Tel_extn_a Tel_totstn_a

1925 9000 1170 10170

1926 9350 1217 10567

1927 9720 1262 10982

1928 10110 1318 11428

1929 10590 1370 11960

1930 11080 1448 12528

1931 11580 1505 13085

1932 12080 1570 13650

1933 12600 1640 14240

1934 13120 1708 14828

1935 13700 1780 15480

1936 14300 1860 16160

1937 14920 1940 16860

1938 15600 2140 17740

1939 16300 2600 18900

1940 17000 2210 19210

1941

1942

1943

1944

1945 11212 4260 15472

1946 13164 5002 18166

1947 14802 5624 20426

1948 15305 5816 21121

1949 18947 7199 26146

1950 20116 7645 27761

1951 22318 8480 30798

1952 24576 9338 33914

1953 29369 11160 40529

1954 33210 12619 45829

1955 38689 14702 53391

1956 44714 16991 61705

1957 53176 20206 73382

1958 61516 23875 85391

1959 69772 26073 95845

1960 79094 29705 108799

1961 94272 34263 128535

1962 106900 38719 145619

1963 131511 46774 178285

1964 167492 52201 219693

1965 202485 58990 261475

1966 235716 65957 301673

1967 280826 73086 353912

1968 344313 91877 436190

1969 407309 65624 472933

1970 473130 76976 550106

1971 565453 82293 647746

1972 651468 92684 744152

Page 128: HK Economic History DB

1973 746653 132347 879000

1974 803144 199916 1003060

1975 837023 239397 1076420

1976 909679 205301 1114980

1977 993882 180138 1174020

1978 1082408 141242 1223650

1979 1172530 126294 1298824

1980 1278866 170036 1448902

1981 1383667 207086 1590753

1982 1476965 272282 1749247

1983 1554106 315938 1870044

1984 1640722 264509 1905231

1985 1742000 255640 1997640

1986 1844000 264000 2108000

1987 1989000 224000 2213000

1988 2154000 287000 2441000

1989 2305000 239000 2544000

1990 2447000 241000 2688000

1991 2596000 227000 2823000

1992 2778000 219000 2997000

1993 2956000 183000 3139000

1994 3114000 163000 3277000

1995 3254350 84650 3339000

1996 3401930 106070 3508000

1997 3624260 161740 3786000

1998 3707520 284480 3992000

1999 3838740 357260 4196000

2000 3945570 534430 4480000

2001 3925770 586230 4512000

2002 3841750 920250 4762000

Page 129: HK Economic History DB

Description

Telephone Lines, Extensions, Stations in Hong Kong

Period: 1925-2002

Year-end Figures

Source: Hong Kong Statistics 1947-67 (1925-67), Hong Kong Annual Digest of Statistics (1968-2002).

Source for HK Statistics 1947-67 : Hong Kong Telephone Co., Ltd.

Page 130: HK Economic History DB
Page 131: HK Economic History DB

Hong Kong Statistics 1947-67 (1925-67), Hong Kong Annual Digest of Statistics (1968-2002).

Page 132: HK Economic History DB

Trade: Total

Year IMPORT EXPORT RE-EXPORT TOTAL TRADE

Tr_imp_a Tr_exp_a Tr_reexp_a Tr_trade_a

1921 612 640 1,252

1922 582 617 1,199

1923 568 619 1,187

1924 628 591 1,219

1925 370 344 714

1926

1927

1928

1929

1930

1931 738 542 1,280

1932 624 472 1,096

1933 501 403 904

1934 416 325 741

1935 365 271 636

1936 452 351 803

1937 617 467 1,084

1938 618 512 1,130

1939 594 533 1,127

1940 753 622 1,375

1941

1942

1943

1944

1945

1946 933 766 1,699

1947 1,550 1,217 2,767

1948 2,077 1,583 3,660

1949 2,750 2,319 5,069

1950 3,788 3,715 7,503

1951 4,870 4,433 9,303

1952 3,779 2,899 6,678

1953 3,872 2,734 6,606

1954 3,435 2,417 5,852

1955 3,719 2,534 6,253

1956 4,566 3,210 7,776

1957 5,150 3,016 8,166

1958 4,594 2,989 7,583

1959 4,949 3,278 996 8,227

1960 5,864 3,937 1,070 9,801

1961 5,970 3,930 991 9,900

1962 6,657 4,388 1,070 11,045

1963 7,412 4,991 1,160 12,403

1964 8,550 5,784 1,356 14,334

1965 8,965 6,529 1,502 15,494

1966 10,097 7,563 1,833 17,660

1967 10,449 8,781 2,081 19,230

1968 12,472 12,712 2,142 23,042

1969 14,893 15,876 2,679 28,090

1970 17,607 18,131 2,892 32,846

Page 133: HK Economic History DB

1971 20,256 20,578 3,414 37,420

1972 21,764 23,553 4,154 41,163

1973 29,005 32,524 6,525 55,004

1974 34,120 37,159 7,124 64,155

1975 33,472 36,805 6,973 63,304

1976 43,293 50,485 8,928 84,849

1977 48,701 54,662 9,829 93,534

1978 63,056 67,105 13,197 116,964

1979 85,837 95,956 20,022 161,771

1980 111,651 128,314 30,072 209,893

1981 138,375 163,902 41,739 260,537

1982 142,893 171,737 44,353 270,277

1983 175,442 216,994 56,294 336,142

1984 223,370 304,944 83,504 444,810

1985 231,420 340,422 105,270 466,572

1986 275,955 399,075 122,546 552,484

1987 377,948 560,814 182,780 755,982

1988 498,798 768,474 275,405 991,867

1989 562,781 916,914 346,405 1,133,290

1990 642,530 1,053,873 413,999 1,282,404

1991 778,982 1,300,727 534,841 1,544,868

1992 955,295 1,615,782 690,829 1,880,248

1993 1,072,597 1,869,474 823,224 2,118,847

1994 1,250,709 2,117,934 947,921 2,420,722

1995 1,491,121 2,456,597 1,112,470 2,835,248

1996 1,535,582 2,583,675 1,185,758 2,933,499

1997 1,615,090 2,700,488 1,244,539 3,071,039

1998 1,429,092 2,506,844 1,159,195 2,776,741

1999 1,392,718 2,527,400 1,178,400 2,741,718

2000 1,657,962 2,964,411 1,391,722 3,230,651

2001 1,568,194 2,808,454 1,327,467 3,049,181

2002 1,619,419 2,990,107 1,429,590 3,179,936

1936

1937

1938

1939

1940

Page 134: HK Economic History DB

Trade with the United Kingdom

Year Import from UK

('000 HK$)

Import from UK

('000 UKPound)

Export to UK

('000 HK$)

Export to UK

('000 UKPound)

Tr_impukd_a Tr_impukp_a Tr_expukd_a Tr_expukp_a

1843 3,399 736

1844 8,130 1,812

1845 7,105 1,540

1846 5,886 1,226

1847 3,691 769

1848 3,122 650

1849 3,129 652

1850 2,871 598

1851 3,036 632

1852 2,371 585

1853 1,504 376

1854 2,247 468

1855 1,868 389

1856 3,843 801

1857 3,461 721

1858 5,499 1,146

1859 9,272 1,932

1860 11,741 2,446

1861 8,323 1,734

1862 5,343 1,113

1863 7,071 1,473

1864 7,771 1,619

1865 7,434 1,549 3,711 773

1866 11,510 2,398 1,355 282

1867 11,865 2,472 880 183

1868 10,493 2,186 1,132 236

1869 9,557 2,131 1,264 282

1870 15,728 3,408 1,270 281

1871 12,656 2,788 1,670 367

1872 13,257 2,873 3,848 834

1873 16,541 3,412 3,798 783

1874 17,791 3,651 3,642 747

1875 18,046 3,600 5,790 1,155

1876 15,011 3,080 6,612 1,356

1877 17,403 3,508 9,403 1,895

1878 15,657 2,871 6,406 1,174

1879 15,657 2,948 7,048 1,327

1880 19,737 3,778 6,548 1,254

1881 19,519 3,615 5,485 1,016

1882 16,463 3,032 7,776 1,430

1883 15,816 2,891 6,411 1,172

1884 17,759 3,219 5,806 1,052

1885 21,794 3,758 5,617 968

1886 14,545 2,311 9,795 1,556

1887 15,926 2,547 8,813 1,409

1888 18,441 2,805 8,526 1,297

1889 14,018 2,172 7,321 1,134

1890 14,641 2,528 7,094 1,225

1891 15,651 2,531 6,812 1,102

1892 12,474 1,800 5,799 837

Page 135: HK Economic History DB

1893 14,637 1,822 7,114 886

1894 17,281 1,809 6,026 631

1895 18,277 1,909 7,272 759

1896 16,857 1,822 7,375 797

1897 20,724 1,975 6,341 606

1898 23,537 2,225 7,686 727

1899 27,752 2,689 9,116 883

1900 27,341 2,763 10,550 1,066

1901 26,825 2,613 6,189 603

1902 24,767 2,136 7,077 610

1903 31,839 2,720 6,822 583

1904 47,084 4,336 5,069 467

1905 38,448 3,717 3,997 386

1906 28,396 3,065 5,915 639

1907 30,059 3,225 5,768 619

1908 33,558 2,901 5,904 510

1909 42,476 3,567 5,426 456

1910 48,159 3,618 6,817 596

1911 32,261 2,789 8,497 735

1912 37,809 3,731 8,460 842

1913 46,511 4,555 6,896 675

1914 41,411 3,610 6,685 599

1915 25,968 2,171 11,028 926

1916 37,308 4,144 9,345 1,038

1917 21,686 3,146 10,040 1,457

1918 23,507 3,796 8,982 1,450

1919 24,226 4,517 13,606 2,537

1920 60,684 13,402 11,303 2,496

1921 51,936 6,915 7,347 980

1922 49,683 6,262 5,273 665

1923 59,641 6,771 8,069 916

1924 73,001 8,669 6,445 765

1925 44,583 5,203 6,156 718

1926 29,428 3,250 6,018 665

1927 50,001 5,001 4,772 477

1928 54,556 5,570 4,713 481

1929 65,484 6,276 5,101 489

1930 64,232 4,449 325 22

1931 85,861 4,485 7,762 406

1932 73,665 4,863 3,683 244

1933 48,582 3,277 4,164 281

1934 34,022 2,561 5,592 421

1935 25,066 2,455 7,189 704

1936 33,994 2,151 11,914 754

1937 55,803 3,444 15,154 935

1938 66,045 3,994 15,849 982

1939

1940

Page 136: HK Economic History DB

UK Total Import

(Million Pound)

UK Total Export

(Million Pound)

UK Domestic

Export (Million

Pound)

UK Re-export

(Million Pound)

Tr_ukimptl_a Tr_ukexptl_a Tr_ukdomexp_a Tr_ukreexp_a

71 60 52 8

79 67 59 8

88 69 60 9

87 67 58 9

112 71 59 12

88 61 53 8

101 76 64 12

103 83 71 12

110 87 74 13

110 91 78 13

149 116 99 17

152 116 97 19

144 117 96 21

173 139 116 23

188 146 122 24

165 140 117 23

179 155 130 25

211 165 136 29

217 160 125 35

225 166 124 42

249 197 147 50

275 212 160 52

271 219 166 53

295 229 189 40

275 226 181 45

295 228 180 48

295 237 190 47

303 244 200 44

331 284 223 61

355 314 256 58

371 311 255 56

370 298 240 58

374 281 223 58

375 257 201 56

394 252 199 53

369 246 193 53

363 249 192 57

411 286 223 63

397 297 234 63

413 306 241 65

427 306 240 66

390 296 233 63

371 271 213 58

350 269 213 56

362 281 222 59

388 299 235 64

428 316 249 67

421 329 264 65

435 309 247 62

424 291 227 64

Page 137: HK Economic History DB

405 277 218 59

408 274 216 58

417 286 226 60

442 296 240 56

451 294 234 60

471 294 233 61

485 320 255 65

523 356 293 63

522 348 280 68

528 349 283 66

543 361 291 70

551 371 301 70

565 408 330 78

608 461 376 85

646 518 426 92

593 457 377 80

625 469 378 91

678 534 430 104

680 557 454 103

745 599 487 112

769 635 525 110

697 526 431 95

852 484 385 99

949 604 506 98

1,064 597 527 70

1,316 532 501 31

1,626 964 799 165

1,933 1,557 1,334 223

1,086 810 703 107

1,003 824 720 104

1,096 886 767 119

1,277 941 801 140

1,321 927 773 154

1,241 778 653 125

1,218 832 709 123

1,196 844 724 120

1,221 839 729 110

1,044 658 571 87

861 455 391 64

702 416 365 51

675 417 368 49

731 447 396 51

756 481 426 55

848 502 441 61

1,028 596 521 75

920 533 471 62

886 486 440 46

1,152 467 441 26

Page 138: HK Economic History DB

Trade with China

Year China Import

from HK

China Export

to HK

Total China

Import

Total China

Export

% of China

Import from

HKTr_chimphk_a Tr_chexphk_a Tr_chimptl_a Tr_chexptl_a Tr_chimphkper_a

1864 9,462,401 7,997,274 48,590,756 54,006,509 19

1865 26,397,077 9,921,163 65,207,609 60,054,634 40

1866 30,462,053 9,977,546 76,930,781 56,161,807 40

1867 23,787,756 8,119,094 71,637,190 57,895,713 33

1868 15,672,685 8,970,289 73,318,634 69,114,733 21

1869 21,427,637 12,309,160 76,469,713 67,143,988 28

1870 19,771,056 11,441,519 72,289,531 61,682,121 27

1871 25,376,627 12,505,499 80,414,709 74,860,550 32

1872 23,264,157 13,440,943 78,066,431 83,719,887 30

1873 27,713,652 8,739,140 76,800,836 77,540,919 36

1874 23,667,334 11,304,031 67,241,288 66,712,868 35

1875 27,525,119 12,747,010 69,993,827 68,912,929 39

1876 27,371,681 14,477,235 72,390,898 80,850,512 38

1877 27,601,643 15,255,766 76,066,703 67,445,022 36

1878 27,444,636 14,979,101 73,188,166 67,172,179 37

1879 29,641,379 16,402,856 84,796,488 72,281,262 35

1880 30,253,085 16,608,720 81,639,703 77,883,587 37

1881 31,189,895 17,661,418 93,883,635 71,452,974 33

1882 29,063,006 16,487,573 79,504,243 67,336,846 37

1883 29,090,873 18,851,904 74,954,138 70,197,693 39

1884 30,770,453 17,239,750 74,330,282 67,147,680 41

1885 35,268,197 15,869,987 89,406,883 88,200,018 39

1886 34,889,671 22,552,676 89,310,480 77,206,568 39

1887 57,761,039 31,393,189 102,263,669 85,860,208 56

1888 69,840,746 33,551,518 126,826,643 92,401,067 55

1889 63,371,081 35,186,644 113,140,643 96,747,736 56

1890 72,057,314 32,930,551 128,758,290 87,144,480 56

1891 68,155,959 37,707,661 136,010,846 100,947,849 50

1892 69,816,916 40,701,434 137,422,672 102,853,525 51

1893 80,890,964 48,290,259 153,326,886 116,632,311 53

1894 82,424,351 50,793,504 162,102,911 128,104,522 51

1895 88,191,240 54,774,489 179,946,960 211,623,419 49

1896 91,356,530 54,053,060 143,293,211 131,081,421 64

1897 90,125,887 60,402,222 212,234,994 163,501,358 42

1898 97,214,017 62,083,512 218,745,347 159,037,149 44

1899 118,096,208 71,845,558 273,756,065 195,784,832 43

1900 93,846,617 62,961,634 222,129,473 158,956,752 42

1901 120,329,884 71,435,103 277,139,735 169,656,757 43

1902 133,524,169 82,657,375 325,546,311 214,181,584 41

1903 136,520,453 89,195,605 336,853,134 214,352,467 41

1904 141,085,010 86,858,017 357,444,663 344,060,608 39

1905 148,071,198 81,452,643 461,194,532 227,888,197 32

1906 144,936,957 82,740,427 428,290,287 236,456,739 34

1907 155,642,016 97,226,434 429,071,662 264,380,697 36

1908 150,252,300 92,107,963 409,554,653 276,660,403 37

1909 150,471,229 96,919,388 430,048,606 338,992,814 35

1910 171,465,974 108,722,925 476,553,402 380,833,328 36

1911 148,249,335 103,669,742 482,576,127 377,338,166 31

1912 147,801,363 103,384,165 482,726,080 370,520,403 31

1913 171,465,974 117,128,661 586,290,431 403,305,546 29

Page 139: HK Economic History DB

1914 148,249,763 93,399,758 572,057,970 345,280,874 26

1915 148,436,189 104,169,938 477,064,005 418,861,164 31

1916 153,347,624 119,485,650 535,268,426 481,757,366 29

1917 158,602,488 115,842,946 577,381,339 462,931,630 27

1918 162,191,816 116,988,021 577,643,803 485,883,031 28

1919 153,631,544 131,495,296 679,529,544 630,809,411 23

1920 159,313,335 136,462,043 799,960,206 541,631,300 20

1921 231,138,080 152,875,077 932,850,340 601,255,537 25

1922 239,347,671 169,995,691 975,034,183 654,891,933 25

1923 248,083,456 175,796,691 948,633,920 752,917,416 26

1924 243,919,357 173,162,926 1,039,102,156 771,784,468 23

1925 176,311,082 114,714,974 965,090,593 776,352,937 18

1926 124,472,673 93,802,031 1,144,646,971 864,294,771 11

1927 212,592,777 169,679,878 1,034,030,490 918,619,662 21

1928 226,077,171 182,123,992 1,210,001,728 991,354,988 19

1929 214,481,099 173,580,754 1,281,321,291 1,015,687,318 17

1930 218,369,933 158,018,135 1,328,231,986 894,843,594 16

1931 218,170,000 148,312,000

1932 60,473,984 75,665,481 1,062,617,331 492,988,989 6

1933 48,287,308 120,954,464 1,358,978,165 612,292,722 4

1934 29,638,663 101,001,027 1,038,978,938 545,733,321 3

1935 20,359,397 94,892,671 924,694,798 576,298,382 2

1936 17,754,509 106,546,843 944,523,218 706,790,915 2

1937 19,077,601 162,903,595 956,233,801 838,796,918 2

1938 24,589,195 243,395,311 893,499,695 763,731,464 3

1939 35,416,158 222,098,624 1,343,018,373 1,030,358,498 3

1940 146,972,221 367,502,131 2,044,364,630 1,976,071,291 7

Page 140: HK Economic History DB

Trade with Japan

% of China

Export to HK

Year Total Japan

Import

Total Japan

Export

Japan Import

from China

Tr_chexphkper_a Tr_japimptl_a Tr_japexptl_a Tr_japimpchi_a

15 1883 32014550 38516100

17 1884 32156404 33984640

18 1885 32710057 37146692

14 1886 37637138 48870522 7123851

13 1887 51699770 52407681 7985821

18 1888 65549200 65767101 10360135

19 1889 66236019 70179893 9199698

17 1890 81836575 56687034 8849685

16 1891 63851132 79595533 8798428

11 1892 75952344 91178553 12509410

17 1893 89355338 90419909 17095975

18 1894 117481955 111297690

18 1895 129260578 133516986 22985144

23 1896 171674474 114615784 21344521

22 1897 219300772 159388425 29265845

23 1898 277502156 162796652 30523861

21 1899 220401926 211495335 28687731

25 1900 287261846 198063547 29960740

24 1901 255816645 252349543 27256986

27 1902 271731259 258303065 40590858

26 1903 317135518 289502442 45458057

18 1904 371360739 319260896 54810336

29 1905 488538017 321533610 52618408

37 1906 418784108 423754892 57396737

36 1907 494467346 432412873 59182369

36 1908 436257462 378245673 50966883

38 1909 394198843 413112511 46886539

37 1910 464233808 458428996 68569541

40 1911 513805705 447433888 61999710

41 1912 618992277 526981842 54808000

40 1913 729431644 632460213 61223000

26 1914 595735725 591101461 58306000

41 1915 532449938 708306997 85847735

37 1916 756427910 1127468118 108639000

39 1917 1035811107 1603005048 133271000

37 1918 1668143833 1944100668 281707000

40 1919 2173459880 2098872617 322101000

42 1920 2336175000 1948395000 218091000

39 1921 1614155000 1252837000 191678000

42 1922 1890308000 1637452000 186344000

25 1923 1982231000 1447751000 204879000

36 1924 2453402000 1807035000 237552000

35 1925 2572658000 2305590000 214658000

37 1926 2377484000 2044728000 239410000

33 1927 2179154000 1992317000 226034000

29 1928 2196315000 1971955000 234547000

29 1929 2216240000 2148619000 209975000

27 1930 1546071000 1469852000 161701000

28 1931 1235673000 1146981000 145697000

29 1932 1431461000 1409992000 77175000

Page 141: HK Economic History DB

27 1933 1917220000 1861046000 113357000

25 1934 2282602000 2171925000 119574000

25 1935 2472236000 2499073000 133818000

25 1936 2763681000 2692976000 154838000

24 1937 3783177000 3175418000 143636000

21 1938 2663337000 2689677000 164611000

25

25

26

23

22

15

11

18

18

17

18

15

20

19

16

15

19

32

22

19

Page 142: HK Economic History DB

Japan Export to

China

Japan Import

from Manchuria

Japan Export to

Manchuria

Japan Import

from

Kouangtoung

Japan Export to

Kouangtoung

Tr_japexpchi_a Tr_japimpmanc_aTr_japexpmanc_a Tr_japimpkt_a Tr_japexpkt_a

9594907

10970044

11426714

5442507

5227495

5825851

6358859

7714420

9135109

13823844

21325066

29193175

40257034

31871576

42925579

46838545

64994180

67985873

98681998

117779533

85619233 8809675 20400683

60506991 12817078 17238801

73087891 18164387 16196930

90037354 9740160 19148456

88152792 20543797 23063188

114824000 25707000 27545000

154661000 30878000 29836000

162371000 31277000 22271000

141122586 27819092 22200802

192713000 33954000 37060000

318381000 53180000 65725000

359151000 100518000 116374000

447049000 162394000 150127000

410270000 196861000 113686000

287227000 111932000 77569000

333520000 130574000 71859000

272191000 148807000 67871000

348399000 175737000 72601000

468439000 176595000 101647000

421861000 157034000 99607000

334184000 132448000 91271000

373142000 150439000 110190000

346653000 166322000 124476000

260826000 121405000 86814000

155751000 90165000 65542000

129478000 51570000 25947000 76719000 120584000

Page 143: HK Economic History DB

108253000 147898000 82071000 20161000 221068000

117063000 164211000 107151000 27280000 295868000

148788000 191005000 126046000 25517000 300269000

159691000 205567000 150859000 33848000 347165000

179251000 249071000 216092000 45198000 395916000

312900000 339117000 316323000 60323000 536317000

Page 144: HK Economic History DB

Trade with the United States

Japan Import

from HongKong

Japan Export to

Hong Kong

Year US Dutiable

Import from

HK

US Duty-free

Import from

HKTr_japimphk_a Tr_japexphk_a Tr_usimphkduty_aTr_usimphkfree_a

1889 967158 513108

1890 679686 290059

1891 292660 270615

1892 386840 376483

1893 505382 372696

1894 639222 253289

4103703 7337896 1895 422930 353546

5495913 9366406 1896 563170 855954

5089606 12578695 1897 306305 617537

6985723 13288540 1898 462765 283752

8268071 15688875

8078190 18362803

9133778 19965900

12027198 25390294

15904467 31473896

7338455 34201308

10659855 39177455

11141788 41786647

2454881 25876059

1739727 29724694

2495410 28160103

1128597 26215081

684743 27061326

820610 24384762

1115530 18538739

628404 21675636

674651 23459911

701631 24521985

882000 28713000

1295000 33622000

876000 33277000

1594113 27401346

1015000 34980000

1804000 57176000

834000 63700000

1537000 59156000

2232000 74066000

1017000 59304000

690000 65422000

1653000 55319000

1099000 79011000

476000 73629000

1426000 52973000

1599000 66529000

1124000 56204000

608000 61065000

547000 55646000

499000 36754000

977000 18041000

Page 145: HK Economic History DB

2093000 23419000

1481000 33497000

2836000 49732000

3282000 58445000

5332000 49150000

1308000 16754000

Page 146: HK Economic History DB

US Total

Import from

HK

US Dutiable

Export to HK

US Duty-Free

Export to HK

US Total

Export to HK

Tr_usimphktl_aTr_usexphkduty_aTr_usexphkfree_aTr_usexphktl_a

1480266 10790 3675594 3686384 Description

969745 4512 4434641 4439153

563275 25199 4743498 4768697 Hong Kong Trade Statistics: Import, Export, Re-exports, Total Trade.

763323 6699 4887350 4894049

878078 2026 4214576 4216602 Unit:

892511 1719 4208128 4209847 Period:

776476 8145 4244895 4253040

1419124 9821 4681380 4691201 Source:

923842 7859 6052180 6060039

746517 31593 6233607 6265200

Note:

Trade with the United Kingdom

Unit:

Period:

Source:

Trade with China

Unit:

Period:

Source:

Trade with Japan

Unit:

Period:

Source:

Trade with the United States

Unit:

Period:

Source:

Page 147: HK Economic History DB
Page 148: HK Economic History DB

Hong Kong Trade Statistics: Import, Export, Re-exports, Total Trade.

HKD Million

1920-2002

1. 1921-25: Hong Kong Blue Book .

2. 1931-67: Hong Kong Statistics 1947-67 .

3. 1968-2002: Hong Kong Annual Digest of Statistics .

1. The data for 1921-25 are originally reported in pound sterling.

The data are converted into HK dollor by multiplying the exchange rate of HK dollar in pound sterling on it.

The exchange rate of HK dollar in those years are the mean of annual highest and annual lowest from C.F. Joseph Tom's (1964),

The Entrepot Trade and the Monetary Standard of Hong Kong, 1842-1941 , Appendix 13.

Trade with the United Kingdom

Trade between the UK and HK: thousand HK dollars, thousand UK Pounds.

Total trade figures for the UK: million UK Pound.

1843-1940

C.F. Joseph Tom (1964), The Entrepot Trade and the Monetary Standards of Hong Kong, 1842-1941 : Appendix 1.

Trade with China

1864-1932 silver in HaiKwan Taels

1933-1940 HK dollar

1864-1940

G.B. Endacott (1964), An Eastern Entrepot : document 33.

Trade with Japan

Japanese Yen.

1883-1938

Naikaku Tōkeikyoku (Japan), Resume Statistique de l’empire du Japon .

Trade with the United States

US Dollar.

1889-1898

Frank H. Hitchcock (1990), Our Trade with Japan, China, and Hongkong 1889-1899 .

Page 149: HK Economic History DB
Page 150: HK Economic History DB

The data are converted into HK dollor by multiplying the exchange rate of HK dollar in pound sterling on it.

The exchange rate of HK dollar in those years are the mean of annual highest and annual lowest from C.F. Joseph Tom's (1964),

C.F. Joseph Tom (1964), The Entrepot Trade and the Monetary Standards of Hong Kong, 1842-1941 : Appendix 1.

Page 151: HK Economic History DB

Wages Rates of Workers in Hong Kong

Year Bricklayers

and Plasterers

Carpenters Domestic Servants

employed by

Chinese

Domestic Servants

employed by

ForeignersWr_brlay_a Wr_carpe_a Wr_dserch_a Wr_dserfo_a

1845 363.0 363.0 250.0

1846 363.0 363.0 300.0

1847 363.0 300.0

1848 363.0 300.0

1849 363.0 300.0

1850 363.0 300.0

1851 363.0 300.0

1852 363.0 300.0

1853 363.0 300.0

1854 363.0 300.0

1855 300.0

1856 300.0

1857 300.0

1858 300.0

1859 300.0

1860

1861 300.0

1862 440.0 550.0 300.0

1863 440.0 550.0 300.0

1864 75.0 300.0

1865 75.0 300.0

1866 90.0 300.0

1867 90.0 300.0

1868 90.0 300.0

1869 90.0 300.0

1870 90.0 300.0

1871 90.0 300.0

1872 90.0 300.0

1873 90.0 300.0

1874 90.0 300.0

1875 90.0 300.0

1876 7.3 7.7 90.0 300.0

1877 6.9 7.3 90.0 300.0

1878 7.3 7.7 90.0 300.0

1879 7.3 7.7 1.8 6.0

1880 7.3 7.7 1.8 6.0

1881 7.3 7.7 1.8 6.0

1882 7.3 7.7 1.7 6.0

1883 7.3 7.7 1.7 6.0

1884 7.7 8.8 1.7 6.0

1885 7.7 8.8 1.7 6.0

1886 7.7 8.8 1.7 6.0

1887 7.7 8.8 1.7 6.0

1888 7.7 8.8 2.0 4.0

1889 8.8 11.0 2.0 8.0

1890 8.8 8.8 2.0 8.0

1891 8.8 8.8 2.0 8.0

1892 6.6 8.8 2.0 8.0

1893 6.6 8.8 2.0 8.0

1894 8.3 11.0 2.0 8.0

1895 8.3 11.6 2.0 8.0

Page 152: HK Economic History DB

1896 6.6 11.6 2.0 8.0

1897 6.6 11.6 2.5 9.5

1898 7.7 10.5 2.5 9.5

1899 7.7 10.5 2.5 9.5

1900 7.7 10.5 2.5 9.5

1901 7.7 10.5 2.5 9.5

1902 12.1 13.8 2.5 9.5

1903 12.1 13.8 2.5 12.0

1904 12.1 13.8 6.0 12.0

1905 12.1 13.8 6.0 12.5

1906 12.1 13.8 7.0 12.5

1907 12.1 13.8 7.0 12.5

1908 12.1 13.8 7.0 12.5

1909 12.1 13.8 7.0 12.5

1910 12.1 13.8 7.0 12.5

1911 12.1 13.8 7.0 12.5

1912 12.1 13.8 7.0 14.5

1913 12.1 13.8 7.0 14.5

1914 12.1 13.8 7.0 14.5

1915 12.1 13.8 7.5 15.5

1916 12.1 13.8 7.5 15.5

1917 9.4 9.9 14.0 15.5

1918 9.4 9.9 14.0 15.5

1919 10.5 12.7 14.0 18.5

1920 12.1 16.0 14.0 18.5

1921 14.3 17.6 17.5 21.0

1922 20.9 19.3 18.0 22.5

1923 20.9 25.0 18.0 23.5

1924 27.5 25.0 18.0 23.5

1925 33.6 26.1 20.0 25.7

1926 33.6 26.1 20.0 25.7

1927 33.6 28.3 21.5 26.0

1928 33.6 28.3 21.5 26.5

1929 33.0 30.8 22.5 27.0

1930 33.0 33.0 23.5 27.0

1931 24.2 25.3 13.5 27.5

1932 24.2 25.3 13.5 27.5

1933 24.2 25.3 13.5 27.5

1934 24.2 25.3 13.5 27.5

1935 22.6 23.1 13.5 27.5

1936 21.5 21.5 13.5 27.5

1937 23.1 23.1 13.5 27.5

1938 23.1 23.1 13.5 27.5

1939 23.1 23.1 13.5 27.5

1940 27.5 27.5 11.0 27.5

Page 153: HK Economic History DB

Joiners Masons Chinese

Workmen,

TradesWr_join_a Wr_mason_a Wr_trchwn_a Description

572.0 363.0 352.0

572.0 363.0 352.0 Wages Rates of Workers in Hong Kong

572.0 363.0 352.0

550.0 363.0 480.0 Period:

550.0 363.0 400.0

550.0 363.0 400.0

550.0 363.0 400.0

550.0 363.0 400.0

550.0 363.0 350.0

550.0 363.0 264.0

264.0

Unit:

336.0

550.0 250.0

550.0 250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0

250.0 Source:

7.7 7.3 250.0

7.3 6.9 250.0 Note:

7.7 7.3 250.0

7.7 7.3 5.0

7.7 7.3 5.0 Other Terms of

7.7 7.3 5.0 Employment:

7.7 7.3 5.0

7.7 7.3 5.0

8.8 7.7 5.0

8.8 7.7 5.0

8.8 7.7 5.0

8.8 7.7 5.0

8.8 7.7 5.0

11.0 8.8 5.0

8.8 8.8 5.0

8.8 8.8 5.0

8.8 6.6 5.0

8.8 6.6 5.0

11.0 8.3 5.0

11.6 8.3 2.0

Page 154: HK Economic History DB

11.6 6.6 2.0

11.6 6.6 4.0

10.5 7.7 4.5

10.5 7.7 4.5

10.5 7.7 4.5

10.5 7.7 4.5

13.8 12.1 4.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 8.5

13.8 12.1 11.0

13.8 12.1 11.0

13.8 12.1 11.0

13.8 12.1 12.5

13.8 12.1 12.5

9.9 9.4 12.5

9.9 9.4 12.5

12.7 10.5 16.5

16.0 12.1 16.5

17.6 14.3 19.0

19.3 20.9 19.5

25.0 20.9 19.5

25.0 27.5 19.5

26.1 33.6 23.0

26.1 33.6 23.0

28.3 33.6 23.5

28.3 33.6 24.0

30.8 33.0 24.5

33.0 33.0 24.5

25.9

Page 155: HK Economic History DB

Wages Rates of Workers in Hong Kong

Bricklayers and Plasterers 1845-1940. Data not available for 1855-61, 1864-75.

Carpenters 1845-1940. Data not available for 1847-61, 1864-75.

Domestic Servants, Employed by Chinese 1864-1940.

Domestic Servants, Employed by Foreigners 1845-1940. Data not available for 1860

Joiners 1845-1940. Data not available for 1855-75, 1931-39.

Masons 1845-1930. Data not available for 1855-61 and 1864-75.

Trades, Chinese Workmen 1845-1930. Data not available for 1856-60.

Monthly Salary

Bricklayers and Plasterers; Carpenters 1845-1875: Pence (= 1/240 UK Pound)

1876-1940: HK Dollar

Domestic Servants, Employed by Chinese 1864-78: Pence (= 1/240 UK Pound)

1879-1940: HK Dollar (silver dollar)

Domestic Servants, Employed by Foreigners 1845-78: Pence (= 1/240 UK Pound)

1879-1940: HK Dollar (silver dollar)

Joiners 1845-75: Pence (= 1/240 UK Pound)

1876-1940: HK Dollar (silver dollar)

Masons 1845-78: Pence (= 1/240 UK Pound)

1879-1930: HK Dollar (silver dollar)

Chinese Workmen, Trades 1845-78: Pence (= 1/240 UK Pound)

1879-1930: HK Dollar (silver dollar)

Hong Kong Blue Book .

The monthly wage rates are converted from yearly and daily wage rates.

For daily wage data, we assume 22 working days per month to calculate the monthly wage rate.

Please refer to the description for individual series.

Page 156: HK Economic History DB
Page 157: HK Economic History DB

Individual Series

Bricklayers and Plasterers

1845-1940. Data not available for 1855-61, 1864-75. Period: 1845-1940. Data not available for 1855-61, 1864-75.

1845-1940. Data not available for 1847-61, 1864-75.

Unit: Monthly Salary

1845-1875: Pence (UK Pound)

1845-1940. Data not available for 1855-75, 1931-39. 1876-1940: HK Dollar

1845-1930. Data not available for 1855-61 and 1864-75.

Other Terms of

Employment: Board and lodging not mentioned for 1845-1903 and 1931-40.

With Board and Lodging for 1904-30

Note: Assuming 22 work days per month.

Carpenters

Period: 1845-1940. Data not available for 1847-61, 1864-75.

Unit: Monthly Salary

1845-1875: Pence (UK Pound)

1876-1940: HK Dollar

Other Terms of

Employment: Board and lodging not mentioned for 1845-1903 and 1931-40.

With Board and Lodging for 1904-30

Note: Assuming 22 work days per month.

Page 158: HK Economic History DB
Page 159: HK Economic History DB

Domestic Servants, Employed by Chinese (alt. name: Coolies, first class)

1845-1940. Data not available for 1855-61, 1864-75. Period: 1864-1940.

Unit: Monthly Salary

1864-78: Pence (UK Pound)

1879-1940: HK Dollar (silver dollar)

Other Terms of

Board and lodging not mentioned for 1845-1903 and 1931-40. Employment: For 1864-1930, with Board and Lodging for 1864-1930.

For 1931-40, with free lodging and with Chinese employers generally free board.

Domestic Servants, Employed by Foreigners

1845-1940. Data not available for 1847-61, 1864-75. Period: 1845-1940. Data not available for 1860.

Unit: Monthly Salary

1845-78: Pence (UK Pound)

1879-1940: HK Dollar (silver dollar)

Other Terms of

Board and lodging not mentioned for 1845-1903 and 1931-40. Employment: Board and Lodging not mentioned for 1845-78 and 1888-1911.

"Without board" for 1879-87; "with lodging" for 1912-30.

"With free lodging and with Chinese employers generally free board" for 1931-40.

Page 160: HK Economic History DB
Page 161: HK Economic History DB

Domestic Servants, Employed by Chinese (alt. name: Coolies, first class) Joiners

Period: 1845-1940. Data not available for 1855-75, 1931-39.

Unit: Monthly Salary

1845-75: Pence (UK Pound)

1876-1940: HK Dollar (silver dollar)

Other Terms of

For 1864-1930, with Board and Lodging for 1864-1930. Employment: Board and Lodging not mentioned for 1845-54 and 1876-1903.

For 1931-40, with free lodging and with Chinese employers generally free board. "With board and lodging" for 1904-40.

Note: Assuming 22 work days per month.

Masons

Period: 1845-1930. Data not available for 1855-61 and 1864-75.

Unit: Monthly Salary

1845-78: Pence (UK Pound)

1879-1930: HK Dollar (silver dollar)

Other Terms of

Board and Lodging not mentioned for 1845-78 and 1888-1911. Employment: Board and Lodging not mentioned for 1845-54, 1862-63 and 1876-1903.

"Without board" for 1879-87; "with lodging" for 1912-30. "With board and lodging" for 1904-30.

"With free lodging and with Chinese employers generally free board" for 1931-40.

Note: Assuming 22 work days per month.

Page 162: HK Economic History DB
Page 163: HK Economic History DB

Trades, Chinese Workmen

1845-1940. Data not available for 1855-75, 1931-39. Period: 1845-1930. Data not available for 1856-60.

Unit: Monthly Salary

1845-78: Pence (UK Pound)

1876-1940: HK Dollar (silver dollar) 1879-1930: HK Dollar (silver dollar)

Other Terms of

Board and Lodging not mentioned for 1845-54 and 1876-1903. Employment: Board and lodging not mentioned for 1845-55 and 1861-63.

"With board and lodging" for 1904-40. With Board and Lodging for 1864-1930.

Assuming 22 work days per month. Note: Assuming 22 work days per month.

1845-1930. Data not available for 1855-61 and 1864-75.

1879-1930: HK Dollar (silver dollar)

Board and Lodging not mentioned for 1845-54, 1862-63 and 1876-1903.

"With board and lodging" for 1904-30.

Assuming 22 work days per month.

Page 164: HK Economic History DB
Page 165: HK Economic History DB

1845-1930. Data not available for 1856-60.

1879-1930: HK Dollar (silver dollar)

Board and lodging not mentioned for 1845-55 and 1861-63.

With Board and Lodging for 1864-1930.

Assuming 22 work days per month.