e_mn_indicator.html

2015

2016

2017

Weather

Air temperature (ºC)

Mean maximum

26.3

25.8

26.2

Mean

23.2

22.6

23.0

Mean minimum

21.1

20.4

20.8

Mean relative humidity (%)

83.0

85.0

81.0

Total rainfall (mm)

1 341.0

2 335.6

1 783.2

Total sunshine duration (hour)

1 696.9

1 529.5

1 775.1

Mean wind speed (km/hour)

10.3

10.6

10.8

2015

2016

2017

Land area

Total area (km²)

30.4

30.5

30.8

Macao Peninsula

9.3

Taipa Island

7.6

7.9

Coloane Island

7.6

CoTai reclamation area

5.9

6.0

Coastline length (km)

50.26

50.39

~

HUMAN DEVELOPMENT INDEX

2014

2015

2016

^p

Human development index

0.907

^r

0.908

^r

0.909

Life expectancy index

0.968

0.972

0.974

Education index

0.770

^r

0.770

^r

0.771

Income index

1.000

Note: Data are not yet available as the coastline survey in 2017 is in progress.

DEMOGRAPHY

2015

2016

2017

Population

End-year population (’000)

646.8

644.9

653.1

Male

317.0

305.5

307.0

Female

329.8

339.4

346.1

Age structure (%)

0 - 14

11.9

12.5

12.7

15 - 64

79.1

77.7

76.7

65 and over

9.0

9.8

10.5

Population growth rate (%)

1.6

-0.3

1.3

Aging ratio (%)

75.6

78.9

83.0

Dependency ratio (%)

26.4

28.7

30.3

Vital statistics

Crude birth rate (‰)

11.0

10.1

Crude mortality rate (‰)

3.1

3.4

3.3

Rate of natural increase (‰)

7.9

7.5

6.8

Infant mortality rate (‰)

1.6

1.7

2.3

Sex ratio at birth

109.2

109.4

107.5

(Males per 100 females)

Marriages per 1 000 population (case)

5.8

6.0

Divorces per 1 000 population (case)

1.8

1.9

2.3

Population density (’000/km²)

Total

21.1

21.4

21.1

Macao Peninsula

55.9

56.1

55.7

Taipa

13.4

13.6

13.0

Coloane

2.6

3.5

Per-capita living space (square feet)

216

218

220

Number of households (’000)

192.7

189.2

191.5

1-person household

27.3

27.5

27.7

2-person household

45.1

45.2

47.2

3-person household

48.3

47.1

48.1

4-person household

44.1

41.6

³ 5-person household

28.0

27.7

26.8

Average household size

3.09

3.06

3.03

2012-2015

2013-2016

2014-2017

Life expectancy (years)

Overall

83.2

83.3

83.4

Male

79.9

80.2

80.3

Female

86.3

86.4

EDUCATION

2015/2016

2016/2017

2017/2018

Institution

Higher education

10

Pre-primary, primary and secondary education

70

Kindergarten

5

Primary

1

Secondary

5

Kindergarten and primary

20

21

Secondary and kindergarten

-

1

Secondary and primary

7

Secondary, primary and kindergarten

32

30

Special education

4

Recurrent education

10

9

Students enrolled

Higher education

31 970

32 750

33 098

Secondary education

28 745

27 473

26 608

Primary education

26 436

28 438

30 169

Pre-primary education

16 789

17 757

18 802

Special education

643

707

767

Recurrent education

1 937

1 796

1 693

Students per 1 000 population

162

166

168

Teachers

Higher education

2 015

2 265

^r

2 303

Secondary education

2 696

2 710

2 727

Primary education

1 908

2 105

2 235

Pre-primary education

1 038

1 212

1 297

Special education

124

133

138

Recurrent education

154

157

161

Teacher-student ratio

Pre-primary education

16.2

14.7

14.5

Primary education

13.9

13.5

Secondary education

10.7

10.1

9.8

LAW AND ORDER

2015

2016

2017

Crimes

Total (case)

13 653

14 387

14 293

Crime against property

7 584

7 658

8 087

Crime against person

2 721

2 909

2 919

Crime against the territory

1 136

1 585

1 227

Crime against life in society

813

989

1 013

Others

1 399

1 246

1 047

Prisoners

End-year total

1 280

1 271

1 284

Male

1 068

1 085

1 105

Female

212

186

179

HEALTH

2015

2016

2017

Health care establishments

Hospital / Day hospital

5

Health centre / Health station

10

Clinic / Dental clinic

240

225

210

Chinese medicine clinic

135

120

118

Establishment of health care services

308

319

346

Health resources (per 1 000 population)

Doctor

2.6

2.7

2.6

Nurse

3.5

3.6

3.7

In-patient bed

2.3

2.5

2.4

Underlying causes of death (%)

Neoplasms

36.7

36.6

34.8

Diseases of the circulatory system

25.2

24.4

24.7

Diseases of the respiratory system

16.0

17.0

19.2

ENVIRONMENT

2015

2016

2017

Water consumption

Per-capita water consumption (m³/day)

0.36

0.37

Electricity consumption

Per-capita electricity consumption

7.80

8.11

8.35

(’000 kWh)

Solid waste

Solid waste incinerated (t)

509 111

515 804

^r

525 727

LABOUR FORCE

2015

2016

2017

Labour force and labour force

participation rate

Labour force (’000)

403.8

397.2

387.4

Labour force participation rate (%)

73.7

72.3

70.8

Unemployed population and

unemployment rate

Unemployed population (’000)

7.3

7.6

Overall unemployment rate (%)

1.8

1.9

2.0

Unemployment rate of local residents (%)

2.5

2.7

Underemployed population and

underemployment rate

Underemployed population (’000)

1.6

2.2

1.7

Underemployment rate (%)

0.4

0.5

0.4

Employed population

Employed population (’000)

396.5

389.7

379.8

Median age of employed population

39.5

39.8

39.5

39.7

39.2

39.4

Employed population by industry (%)

Manufacturing

1.7

2.0

1.7

Construction

13.8

11.4

8.6

Wholesale & retail trade

11.4

11.3

12.1

Hotels, restaurants & similar activities

13.9

14.7

14.4

Transport, storage & communications

4.4

4.9

5.0

Financial intermediation

2.7

3.0

Real estate & business activities

7.5

7.8

8.0

Public administration & social security

7.4

7.3

7.6

Education

4.2

4.1

4.5

Health & social welfare

2.8

3.1

3.4

Recreational, cultural, gaming & other

23.8

24.3

services

Gaming & junket activities

21.1

20.8

21.2

Domestic work

5.9

6.5

7.0

Others

0.4

0.5

Median monthly employment

15 000

earnings

of the employed (MOP)

By industry

Manufacturing

10 300

11 300

12 000

Construction

13 000

15 000

Wholesale & retail trade

12 000

13 000

Hotels, restaurants & similar activities

10 000

Transport, storage & communications

14 000

15 300

Financial intermediation

18 000

20 000

Real estate & business activities

9 500

10 000

Public administration & social security

34 800

35 000

37 400

Gaming & junket activities

19 000

19 600

By occupation

Legislators, government officials,

35 000

30 000

32 000

association leaders, company directors

and managers

Professionals

33 300

40 000

36 000

Technicians and associate professionals

23 000

24 000

25 000

Clerks

18 000

19 000

Croupiers, cage cashiers, etc.

19 000

20 000

Service and sales workers

10 000

11 000

Craftsmen and similar workers

13 000

15 000

Plant and machine operators, drivers

14 000

15 000

and assemblers

Unskilled workers

6 000

6 700

6 300

Non-resident workers (end-year)

181 646

177 638

179 456

From

Mainland China

116 383

113 417

113 208

Philippines

24 728

26 700

28 688

Vietnam

14 727

14 807

14 920

Hong Kong

8 992

5 790

5 045

Indonesia

4 200

4 362

4 765

By industry

Manufacturing

4 946

4 882

5 162

Construction

43 480

34 612

30 174

Wholesale & retail trade

19 489

19 875

21 098

Hotels, restaurants & similar activities

48 099

49 989

51 169

Real estate & business activities

17 603

18 972

19 796

Recreational, cultural, gaming & other

13 933

13 338

13 815

services

Domestic work

23 723

25 089

26 974

TRANSPORT

2015

2016

2017

Lane length of public roads (km)

427.0

427.4

427.5

Licensed motor vehicles

249 040

250 450

241 457

Of which:

Automobile

118 984

118 900

114 773

Motorcycle

129 644

131 139

126 274

Automobiles per 1 000 population

184

176

New registration of motor vehicles

19 645

13 935

16 803

Of which:

Automobile

9 425

6 149

5 940

Motorcycle

10 216

7 784

10 860

Traffic accidents (case)

15 804

15 342

14 717

Fatalities

15

9

8

Cross-border vehicular traffic

5 131 997

5 070 874

4 818 794

Inbound

2 564 804

2 529 495

2 413 017

Outbound

2 567 193

2 541 379

2 405 777

Passenger ferry movements

145 385

140 671

^r

138 684

Arrival

72 105

69 551

^r

69 081

Departure

73 280

71 120

^r

69 603

Commercial flight movements

52 182

53 617

54 842

Arrival

26 092

26 809

27 415

Departure

26 090

26 808

27 427

Gross weight of containerized cargo (t)

278 201

200 306

174 375

By land

26 040

20 750

13 892

Import

14 183

14 204

8 077

Export

2 534

2 343

2 642

Transit

9 323

4 202

3 173

By sea

252 160

179 557

160 483

Import

228 556

156 588

137 440

Export

15 980

18 766

20 270

Transit

7 624

4 203

2 774

Seaborne container throughput (TEU)

149 726

129 416

129 798

Import

91 932

80 922

81 958

Export

57 508

48 413

47 631

Transit

287

82

209

Gross weight of air cargo (t)

30 058

32 891

37 493

Import

7 410

6 427

6 643

Export

16 278

19 622

23 356

Transit

6 370

6 842

7 494

TELECOMMUNICATIONS

2015

2016

2017

Telephone subscribers

Fixed-line telephone

147 074

139 154

131 839

Mobile phone

1 896 097

1 969 972

2 249 124

(Including stored-value GSM card)

Stored-value GSM card

1 219 079

1 269 363

1 505 863

Telephone subscribers per 1 000 population

Fixed-line telephone

227

216

202

Mobile phone

2 932

3 055

3 444

(Including stored-value GSM card)

Internet services

Subscribers

338 899

363 372

396 596

Duration of usage (’000 hours)

1 063 685

1 166 937

1 241 939

FOREIGN DIRECT INVESTMENT

2014

2015

^r

2016

Stock (million MOP)

220 772

232 447

244 271

Flows (million MOP)

27 321

8 950

11 809

Income (million MOP)

85 516

51 734

48 751

CONSTRUCTION AND PURCHASE AND SALE OF REAL ESTATE

2015

2016

2017

Building units

258 408

261 199

265 998

Residential

216 387

219 010

223 640

Industrial and commercial

42 021

42 189

42 358

Vacant units

18 862

17 239

19 977

Residential

14 058

12 497

15 252

Industrial and commercial

4 804

4 742

4 725

Building units with licence of use

issued (Completion of buildings)

Residential

(no.)

4 218

404

4 318

Gross floor area

(m²)

648 719

46 119

337 658

Shops

(no.)

108

85

165

Gross floor area

(m²)

44 008

15 041

17 725

Offices

(no.)

1

-

1

Gross floor area

(m²)

2 227

-

3 249

Industrial

(no.)

3

1

6

Gross floor area

(m²)

27 430

3 564

90 731

Others

(no.)

34

8

21

Gross floor area

(m²)

1 855 433

127 466

390 154

Parking spaces

Cars

(no.)

8 232

551

2 839

Motorcycles

(no.)

2 433

143

1 557

Purchase and sales of building units

and parking spaces (no.)

Residential

5 976

10 170

10 581

Shops

658

555

589

Offices

231

197

284

Industrial

74

84

117

Parking spaces

2 752

3 013

2 284

Others

80

89

130

Value of building units and parking spaces

purchased and sold (million MOP)

Residential

33 449

58 755

69 442

Shops

9 140

7 816

7 340

Offices

1 885

1 320

2 399

Industrial

1 008

1 068

1 543

Parking spaces

4 687

4 194

3 498

Others

1 492

975

1 006

Average price per m² (MOP)

Residential

86 826

86 342

100 822

Offices

113 444

100 057

113 198

Industrial

50 564

47 568

54 411

End-balance of domestic credit

(million MOP)

Personal housing loans

127 504.9

138 565.1

148 156.9

Construction and public works

46 213.1

47 468.8

^r

53 903.6

ENERGY

2015

2016

2017

Electricity

Gross production (million kWh)

962.2

987.9

1 465.0

Imports (million kWh)

4 054.5

4 305.8

3 951.5

Average selling price (MOP)

Unleaded gasoline (per L)

10.05

9.55

10.16

Gas oil and diesel for automotive use (per L)

11.69

11.42

12.30

Bottled liquefied petroleum gas (per kg)

13.71

13.58

14.92

Centralized liquefied petroleum gas (per m³)

36.63

36.10

39.39

EXTERNAL MERCHANDISE TRADE

2015

2016

2017

Merchandise exports (million MOP)

10 692

10 047

11 283

Domestic exports

1 821

1 963

1 786

Copper and articles thereof

435

465

464

Tobacco

454

477

346

Glass and glassware

137

151

111

Re-exports

8 871

8 084

9 498

Garments

620

602

747

Electronic components

978

1 150

741

Diamond and diamond jewellery

577

445

635

By major destination

Mainland China

1 837

1 751

2 121

Hong Kong

6 326

5 559

6 599

European Union

226

175

190

France

45

32

63

Germany

50

49

39

USA

197

156

186

Japan

236

311

173

India

36

34

76

Singapore

77

80

55

Merchandise imports (million MOP)

84 663

71 352

75 851

Consumer goods

50 563

44 744

49 497

Capital goods

16 600

12 655

12 275

Raw materials and semi-

10 603

7 842

7 652

manufactures

Fuels and lubricants

6 896

6 111

6 427

By major country/territory of origin

Mainland China

31 853

25 844

25 696

Hong Kong

7 535

6 211

6 799

European Union

18 838

17 034

19 085

Italy

5 678

5 590

7 082

France

5 685

5 626

5 657

Switzerland

6 413

5 288

5 594

Japan

5 166

4 518

5 451

USA

4 798

3 431

3 319

EXTERNAL MERCHANDISE TRADE INDEX (2016=100)

2015

2016

2017

Exports of goods

Value index

106.4

100.0

112.3

Unit value index

100.8

100.0

Quantum index

105.6

100.0

112.3

Imports of goods

Value index

118.7

100.0

106.3

Unit value index

101.4

100.0

99.8

Quantum index

117.1

100.0

106.6

Terms of trade index

99.5

100.0

100.2

CONSUMER PRICE INDEX (10/2013 - 9/2014=100)

2015

2016

2017

Inflation rate (%)

4.56

2.37

1.23

Composite CPI

105.72

108.23

109.56

CPI-A

105.92

108.35

109.66

CPI-B

104.10

107.20

108.73

VALUE OF RETAIL SALES

2015

2016

2017

Value of retail sales (million MOP)

61 541

58 839

^r

66 256

Sales Volume Index (04/2015-03/2016=100)

103.77

100.71

113.35

MICE

2015

2016

2017

No. of Events

1 263

1 276

1 381

Meetings & Conferences

1 163

1 195

1 285

Of which: 4 hours or more

811

788

869

Exhibitions

78

55

51

Incentives

22

26

45

Participants and Attendees

2 516 092

1 721 527

1 900 807

Meeting Participants

117 851

175 852

244 912

Of which: 4 hours or more

83 488

131 853

206 423

Exhibition Attendees

2 393 461

1 500 324

1 608 075

Incentive Participants

4 780

45 351

47 820

Average Duration of Events (day)

1.7

1.6

1.7

Average Duration of Meetings

1.6

1.5

1.6

Of which: 4 hours or more

2.1

2.0

2.1

Average Duration of Exhibitions

3.3

3.4

Average Duration of Incentives

3.0

2.1

3.0

Floor area used (m²)

854 095

1 429 519

^r

1 841 230

Meetings & Conferences

442 721

781 570

1 197 941

Of which: 4 hours or more

341 085

650 916

1 072 651

Exhibitions

395 510

309 900

^r

301 604

Incentives

15 864

338 049

341 685

Note: Incentives in 2015 only include incentive meetings.

TOURIST PRICE INDEX (10/2009 - 09/2010=100)

2015

2016

2017

Tourist Price Index (TPI)

138.39

130.86

131.87

Year-on-year change (%)

-0.86

-5.44

0.77

TOURISM

2015

2016

2017

Visitor arrivals (’000)

30 714.6

30 950.3

32 610.5

Mainland China

20 410.6

20 454.1

22 196.2

Individual Visit Scheme

9 519.3

9 579.4

10 615.5

Hong Kong

6 534.5

6 419.8

6 165.1

Taiwan

988.1

1 074.5

1 060.1

Philippines

276.8

287.0

307.1

India

167.6

165.3

148.1

Indonesia

163.4

182.5

197.1

Japan

282.2

300.6

329.0

Malaysia

229.1

222.8

218.3

Republic of Korea

554.2

662.3

874.3

Singapore

158.8

155.8

143.1

Thailand

180.8

236.2

198.2

Canada

71.0

75.2

74.3

USA

182.5

190.9

186.4

Germany

27.6

30.0

28.7

Russian Federation

22.8

25.1

27.0

France

41.0

42.7

40.4

United Kingdom

60.0

61.3

57.1

Australia

92.4

93.3

89.0

Overnight visitors

14 307.8

15 703.6

17 254.8

Same-day visitors

16 406.9

15 246.7

15 355.7

Average length of stay of visitors (day)

1.1

1.2

Overnight visitors

2.1

Same-day visitors

0.2

Visitors on package tours ('000)

9 844.2

7 552.1

8 622.8

Mainland China

8 086.0

5 978.4

6 921.2

Hong Kong

243.6

168.0

168.9

Taiwan

542.6

426.2

452.7

Japan

148.9

154.6

153.7

Republic of Korea

325.1

370.9

480.2

USA

19.3

16.4

15.2

United Kingdom

5.9

5.1

4.8

Australia

5.8

6.1

7.3

Visitors arriving on guided tours

8 588.8

7 041.5

7 919.3

Visitors joining local tours

1 255.3

510.7

703.4

Hotels and guesthouses

Operating establishments (no.)

106

107

111

Of which : 5-star hotels

32

33

4-star hotels

17

3-star hotels

13

15

16

Guest rooms (’000)

32.3

36.3

37.1

Of which : 5-star hotels

20.6

21.8

22.3

4-star hotels

7.7

3-star hotels

2.5

5.5

5.6

Average occupancy rate (%)

81.5

83.3

86.9

Of which : 5-star hotels

83.4

83.7

87.8

4-star hotels

80.6

86.3

89.4

3-star hotels

79.7

82.3

84.6

Guests (’000)

10 568.9

11 999.7

13 155.2

Of which : 5-star hotels

6 237.4

6 653.6

7 064.9

4-star hotels

2 812.1

3 498.7

3 630.4

3-star hotels

1 045.3

1 396.3

1 981.9

Average length of stay of guests (night)

1.5

1.4

1.5

Of which : 5-star hotels

1.6

1.5

1.6

4-star hotels

1.2

1.3

3-star hotels

1.4

Spending of visitors

Total spending (million MOP)

51 128

52 662

61 324

Overnight visitors

40 165

42 097

49 753

Same-day visitors

10 963

10 564

11 571

Per-capita spending (MOP)

Visitors

1 665

1 701

1 880

Mainland China

1 965

1 975

2 203

Individual Visit Scheme

2 292

2 260

2 486

Hong Kong

887

999

970

Taiwan

1 466

1 620

1 585

Japan

1 524

1 708

1 744

Malaysia

1 556

1 688

1 762

Singapore

1 726

1 773

1 848

Thailand

1 323

1 083

1 182

USA

1 281

1 262

1 236

United Kingdom

1 329

1 242

1 195

Australia

1 375

1 438

1 429

Overnight visitors

2 807

2 681

2 883

Same-day visitors

668

693

754

Outbound Macao residents travelling

1 465.7

1 250.8

1 391.2

using services of travel agencies (’000)

On package tours

610.5

496.3

561.2

Under individual arrangements

855.2

754.5

829.9

Note: Visitor spending excludes gaming expenses.

GAMING

2015

2016

2017

Game of chance

Casino (no.)

36

38

40

Gaming table (no.)

5 957

6 287

6 419

Slot machine (no.)

14 578

13 826

15 622

Gross gaming revenue (million MOP)

231 811

224 128

266 607

Game of chance

230 840

223 210

265 743

VIP Baccarat

127 818

118 960

150 673

Baccarat

76 212

76 903

84 283

Slot machine

11 754

11 384

13 164

Cussec

6 347

6 626

7 480

Blackjack

2 352

2 456

2 662

Others

971

918

864

Parimutuel and lottery betting

9 653

9 557

8 917

PUBLIC FINANCE

2015

2016

^r

2017

^p

Total government revenue

116 111

110 502

118 069

(million MOP)

Tax revenue from gaming sector

89 573

84 375

99 845

Other revenue

26 539

26 127

18 224

Total government expenditure

80 754

82 629

77 693

(million MOP)

Current expenditure

68 019

70 498

61 379

Capital expenditure

12 735

12 131

16 314

Balance

35 358

27 873

40 377

MONEY AND FINANCE

2015

2016

2017

Average exchange rates of Macao Pataca

(per 100 units of foreign currency)

U.S. Dollar

798.5

799.5

802.6

Euro

886.2

885.1

906.8

Chinese Renminbi

126.8

120.2

118.9

Japanese Yen

6.6

7.4

7.2

Australian Dollar

601.2

595.0

615.5

New Zealand Dollar

558.8

557.5

570.8

Pound Sterling

1 221.2

1 084.6

1 033.5

Canadian Dollar

626.1

604.1

618.9

Money supply (million MOP)

Money supply (M1)

61 661

63 674

^r

72 380

Money supply (M2)

472 829

532 475

^r

591 485

Net foreign assets

506 936

525 902

^r

592 379

Domestic credit to the private sector

389 394

423 034

^r

458 699

Resident deposits

460 789

518 920

^r

576 577

Savings deposits

145 547

169 432

^r

192 424

End-balance of domestic credit to

389 079

422 691

^r

458 365

the private sector

Interest rates of deposits in Pataca

(annual %, end of period)

Savings deposits

0.01

3-month time deposits

0.03

0.04

0.06

Foreign exchange reserves

(million MOP)

Reserve balance

150 813

155 674

^r

162 305

Insurance (million MOP)

Premiums

14 116

20 524

^r

21 918

^p

Life

12 038

18 368

^r

19 636

^p

Non-life

2 078

2 156

2 282

^p

Claims

3 429

3 538

^r

10 248

^p

Life

2 550

2 806

^r

3 725

^p

Non-life

879

732

^r

6 524

^p

GROSS NATIONAL INCOME (GNI)

2014

^r

2015

^r

2016

^p

At current prices (million MOP)

Gross Domestic Product

442 070

362 213

362 265

(+7.3)

(-18.1)

(0^#)

Net flow of external factor income

-63 306

-29 254

-30 422

Total inflow

34 862

36 795

31 185

Total outflow

98 168

66 050

61 607

Gross National Income

378 764

332 959

331 844

(+9.2)

(-12.1)

(-0.3)

Per-capita Gross National Income (MOP)

609 092

519 032

513 809

(+4.4)

(-14.8)

(-1.0)

In chained (2015) dollars (million MOP)

Gross Domestic Product

461 974

362 213

359 087

(-1.2)

(-21.6)

(-0.9)

Gross National Income

385 433

332 959

329 498

(+6.6)

(-13.6)

(-1.0)

Per-capita Gross National Income (MOP)

619 817

519 032

510 177

(+2.0)

(-16.3)

(-1.7)

GROSS DOMESTIC PRODUCT (GDP)

2015

^r

2016

^r

2017

^p

Expenditure-based GDP (million MOP)

362 213

362 265

404 199

at current prices

(-18.1)

(+0.0)

(+11.6)

Private consumption expenditure

94 527

95 508

98 011

(+6.7)

(+1.0)

(+2.6)

Government final consumption

34 780

37 726

39 973

expenditure

(+11.7)

(+8.5)

(+6.0)

Gross capital formation

91 004

78 485

74 684

(+5.0)

(-13.8)

(-4.8)

Exports of goods and services

282 211

275 583

320 915

(-24.8)

(-2.3)

(+16.4)

Less: Imports of goods and services

140 309

125 037

129 384

(+0.4)

(-10.9)

(+3.5)

Per-capita GDP (MOP)

564 635

560 913

622 803

(-20.6)

(-0.7)

(+11.0)

Chain volume measures

362 213

359 087

391 750

(in chained 2015 dollars)

(-21.6)

(-0.9)

(+9.1)

Private consumption expenditure

94 527

93 480

94 970

(+2.1)

(-1.1)

(+1.6)

Government final consumption

34 780

36 317

36 937

expenditure

(+4.2)

(+4.4)

(+1.7)

Gross capital formation

91 004

78 443

70 590

(+3.3)

(-13.8)

(-10.0)

Exports of goods and services

282 211

276 410

318 687

(-26.6)

(-2.1)

(+15.3)

Less: Imports of goods and services

140 309

125 563

129 085

(+1.1)

(-10.5)

(+2.8)

Per-capita GDP (MOP)

564 635

555 992

603 621

(-24.0)

(-1.5)

(+8.6)

Change in real terms (%)

Private investment

+3.2

-12.3

-15.8

Public investment

+27.9

-8.1

+35.7

Domestic demandª

+2.9

-5.5

-2.7

Net exports (Exports-Imports)

-43.1

+6.3

+25.7

Exports of goods

+10.2

-20.5

+12.3

Exports of services

-28.1

-1.0

+15.4

Imports of goods

+1.0

-13.5

+0.4

Imports of services

+1.6

-0.4

+9.6

Deflator (2015=100)

Domestic demand deflator

100.0

101.7

104.9

(+3.7)

(+1.7)

(+3.2)

GDP deflator

100.0

100.9

103.2

(+4.5)

(+0.9)

(+2.3)

a Domestic demand= Private consumption expenditure + Government final consumption

expenditure + Gross capital formation

INDUSTRIAL STRUCTURE

2014

2015

^r

2016

^p

Industrial Structure at current producers' prices(%)

Secondary sector

5.1

7.8

6.6

Manufacturing, mining & quarrrying

0.4

0.6

Electricity, gas & water supply

0.5

0.7

Construction

4.2

6.5

5.3

Tertiary sector

94.9

92.2

93.4

Wholesale & retail trade

5.2

5.6

5.3

Hotels & similar activities

3.5

3.8

4.1

Restaurants & similar activities

1.6

1.7

1.8

Transport, storage & communications

2.0

2.7

2.8

Banking

3.9

5.3

5.5

Insurance & pension funding

0.6

1.0

1.4

Real estate activities

8.4

10.2

10.6

Renting & business activities

3.7

3.9

4.1

Public administration

3.0

4.2

4.4

Education

1.3

1.8

1.9

Health & social work

1.0

1.3

1.5

Gaming & junket activities

58.5

48.0

47.2

Other community, social & personal services;

2.1

2.7

households with employed persons

Change of gross value added in real terms(%)

Secondary sector

32.7

11.6

-18.6

Manufacturing, mining & quarrrying

12.9

14.9

-6.9

Electricity, gas & water supply

20.9

9.9

6.6

Construction

37.4

11.5

-22.2

Tertiary sector

-3.6

-22.9

1.6

Wholesale & retail trade

2.4

-3.4

-1.3

Hotels & similar activities

6.7

-7.1

34.4

Restaurants & similar activities

-2.5

-19.5

0.2

Transport, storage & communications

19.2

4.8

6.5

Banking

11.0

12.0

16.4

Insurance & pension funding

-8.7

20.9

38.6

Real estate activities

-2.9

-4.0

1.3

Renting & business activities

8.6

-19.3

4.7

Public administration

2.4

3.0

1.0

Education

15.7

5.4

6.1

Health & social work

4.8

7.5

7.8

Gaming & junket activities

-7.5

-35.6

-3.5

Other community, social & personal services;

-2.3

-1.2

-3.3

households with employed persons

BALANCE OF PAYMENTS (MILLION MOP)

2014

^r

2015

^r

2016

^p

Current account

151 093

91 495

97 662

Goods

-94 499

-92 746

-80 005

Services

330 165

234 645

230 607

Primary income

-63 306

-29 254

-30 422

Secondary income

-21 267

-21 151

-22 518

Capital account

- 15

- 23

- 19

Financial account^a

101 004

40 860

102 997

Financial non-reserve assets (net change)

100 387

22 298

99 457

Direct investment

-8 389

-4 689

-10 820

Portfolio investment

45 239

97 431

35 689

Financial derivatives

-2 552

-2 686

2 758

Other investment

66 088

-67 758

71 829

Reserve assets^b

617

18 562

3 540

Errors and omissions

-50 075

-50 611

5 354

Overall balance of payments

617

18 562

3 540

a "+" represents net increase in financial assets or net reduction in financial liabilities,

indicating an outflow of funds

"-" represents net reduction in financial assets or net increase in financial liabilities,

indicating an inflow of funds

b Excluding price and exchange rate changes as well as other adjustments