OCTOBER 2020 / No. 20 23/12/2020

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Published at the beginning and in the middle of every month. Publication dates for the next two issues are:

OCTOBER 2020 / No. 20 23/12/2020

NOVEMBER 2020 / No. 21 06/01/2021

Official Statistics --- Reproduction of these data is allowed provided the source is quoted.

Further information can be obtained from the Documentation and Information Centre of DSEC.

Address: Alameda Dr. Carlos d'Assumpção, No. 411-417, Dynasty Plaza, 17th floor, Macao Tel : 8399 5311

Fax：2830 7825

Sources of data come from DSEC and other government departments. Please refer to the respective publications of DSEC for concepts of the indicators.

Index

GROSS DOMESTIC PRODUCT

LABOUR FORCE 1

GAMING AND TOURISM 2

EXTERNAL MERCHANDISE TRADE

TRANSPORT AND COMMUNICATIONS 3

COMPOSITE CONSUMER PRICE INDEX

CONSTRUCTION AND REAL ESTATE - PRIVATE SECTOR 4

PUBLIC ACCOUNTS MONEY

CONSUMPTION OF WATER, ELECTRICITY AND FUELS

5 (OCTOBER 2020 / No. 19)

ECONOMIC DIGEST

Government of Macao Special Administrative Region Statistics and Census Service

Page

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I - GROSS DOMESTIC PRODUCT

Q3 / 2020

At current prices (Million MOP) 39 046 -64.0 % 133 055 -59.6 %

Growth rate in real terms (%) -63.8 .. -59.8 ..

II - LABOUR FORCE

Q3 / 2020

Median monthly employment earnings (MOP) 15 000 -11.8 % 15 000 -8.0 %

Median monthly employment earnings of local residents (MOP) 18 300 -8.5 % 20 000 -

Employed population ('000) 391.8 1.2 % 401.9 3.8 %

Construction 36.8 22.6 % 41.0 38.9 %

Wholesale and retail trade 42.9 2.7 % 47.0 18.2 %

Hotels & similar activities 32.8 4.8 % 30.6 -4.9 %

Restaurants & similar activities 26.1 3.7 % 22.7 -3.7 %

Gaming & junket activities 76.9 -9.4 % 82.3 -5.5 %

Aug / 2020 - Oct / 2020

Unemployment rate (%) 2.9 1.1p.p. 2.9 1.1p.p.

Unemployment rate of local residents (%) 4.1 1.7p.p. 4.1 1.6p.p.

Labour force participation rate (%) 70.0 -0.1p.p. 70.3 0.1p.p.

Oct / 2020

Non-resident workers (end-period) (No.) 181 631 -7.0 % 181 697 -6.1 %

Current period data

Year-on-year

change Year-to-date data Year-on-year change

Current period data

Year-on-year change

Previous period data

Year-on-year change -48.1

-68.0 -63.8 -80.0 -60.0 -40.0 -20.0 0.0 20.0

0 50 000 100 000 150 000

Q4 / 2017 Q1 / 2018 Q2 / 2018 Q3 / 2018 Q4 / 2018 Q1 / 2019 Q2 / 2019 Q3 / 2019 Q4 / 2019 Q1 / 2020 Q2 / 2020 Q3 / 2020 Gross Domestic Product, at current prices Real growth rate

Million MOP

%

16 000

15 000 15 000 20 000 20 000

18 300

14 000 15 000 16 000 17 000 18 000 19 000 20 000 21 000

Median monthly employment earnings Median monthly employment earnings of local residents MOP

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III - GAMING AND TOURISM

Sep / 2020

Gross gaming revenue (Million MOP) 2 270.8 -89.7 % 39 029.0 -82.3 %

Games of chance 2 211.1 -90.0 % 38 605.0 -82.5 %

Others 59.8 -14.9 % 423.9 -33.3 %

Oct / 2020

Visitor arrivals ('000) 582.0 -81.9 % 4 601.1 -86.2 %

Mainland China 539.5 -77.0 % 3 558.8 -85.0 %

Under Individual Visit Scheme 174.0 -84.0 % 1 406.5 -87.4 %

Hong Kong 37.9 -93.3 % 753.2 -87.7 %

Taiwan 4.6 -94.6 % 93.9 -89.6 %

Republic of Korea - -100.0 % 44.4 -93.2 %

Japan - -100.0 % 15.2 -94.1 %

Same-day visitors ('000) 273.8 -84.2 % 2 493.1 -85.9 %

Average length of stay of same-day visitors (Day) 0.1 -0.1Day 0.2 -

Overnight visitors ('000) 308.2 -79.1 % 2 107.9 -86.6 %

Average length of stay of overnight visitors (Day) 2.7 0.3Day 2.8 0.6Day

Visitors on package tours ^{Note 1} ('000) 5.0 -99.0 % 258.0 -96.5 %

Guest rooms ('000) 35.4 -7.8 % .. ..

Hotel occupancy rate (%) 40.0 -48.3^p.p. 24.6 -66.0^p.p.

Q3 / 2020

Total spending of visitors^{Note 2} (Millon MOP) 1 012.0 -93.3 % ~ ..

Current period data

Year-on-year

227 449 582

0 5 000 10 000 15 000 20 000 25 000 30 000

Oct / 2019 Nov / 2019 Dec / 2019 Jan / 2020 Feb / 2020 Mar / 2020 Apr / 2020 May / 2020 Jun / 2020 Jul / 2020 Aug / 2020 Sep / 2020 Oct / 2020 0 500 1 000 1 500 2 000 2 500 3 000 3 500 Gross gaming revenue Visitor arrivals

千

Q3 / 2017 Q4 / 2017 Q1 / 2018 Q2 / 2018 Q3 / 2018 Q4 / 2018 Q1 / 2019 Q2 / 2019 Q3 / 2019 Q4 / 2019 Q1 / 2020 Q2 / 2020 Q3 / 2020 0

5 000 10 000 15 000 20 000

Total spending of visitors

Million MOP '000 visitor

Million MOP

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IV - EXTERNAL MERCHANDISE TRADE (Million MOP)

Oct / 2020

Exports 791.5 -32.4 % 8 649.1 -18.1 %

Domestic exports 109.5 -10.8 % 1 250.0 5.1 %

Re-exports 682.0 -35.0 % 7 399.2 -21.1 %

Imports 11 557.6 32.9 % 67 453.1 -7.1 %

Consumer goods 9 367.7 61.1 % 48 394.7 -3.9 %

Raw materials and semi-manufactures 684.8 -2.3 % 5 991.7 -5.9 %

Fuels and lubricants 410.9 -33.0 % 4 386.3 -27.9 %

Capital goods 1 094.1 -30.3 % 8 680.4 -11.6 %

Trade balance -10 766.0 .. -58 804.0 ..

V - TRANSPORT AND COMMUNICATIONS

Oct / 2020

Licensed motor vehicles 242 468 1.2 % 241 991 1.1 %

Automobiles 117 869 1.5 % 117 649 1.6 %

Industrial vehicles 72 4.3 % 72 -34.5 %

Motorcycles 124 527 0.9 % 124 270 0.8 %

Year-on-year

Year-on-year change Year-on-year

change Current period

data

Current period data 0

200 400 600 800 1 000 1 200 1 400

Oct / 2019 Nov / 2019 Dec / 2019 Jan / 2020 Feb / 2020 Mar / 2020 Apr / 2020 May / 2020 Jun / 2020 Jul / 2020 Aug / 2020 Sep / 2020 Oct / 2020 Domestic exports Re-exports

0 2 000 4 000 6 000 8 000 10 000 12 000 14 000

Oct / 2019 Nov / 2019 Dec / 2019 Jan / 2020 Feb / 2020 Mar / 2020 Apr / 2020 May / 2020 Jun / 2020 Jul / 2020 Aug / 2020 Sep / 2020 Oct / 2020

Imports of consumer goods Imports of raw materials and semi-manufactures

Imports of fuels and lubricants Imports of capital goods

Million MOP

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VI - COMPOSITE CONSUMER PRICE INDEX (04/2018 - 03/2019 = 100)

Oct / 2020

Composite consumer price index 101.9 -0.7 % %

Index of food and non-alcoholic beverages 105.7 1.1 % %

Index of housing and fuels index 102.4 0.3 % %

VII - CONSTRUCTION AND REAL ESTATE - PRIVATE SECTOR

Oct / 2020

Gross floor area of buildings with construction permit issued^{Note 3}(construction of new buildings) (m²) 530 772 .. 630 740 73.0 %

Building units with construction permit issued^{Note 3}(construction of new buildings) (No.) 46 .. 221 -44.3 %

Gross floor area of buildings with licence of use issued^{Note 4} (completion of buildings) (m²) 42 282 -17.6 % 186 638 -49.9 %

Building units with licence of use issued^{Note 4}(completion of buildings) (No.) 260 -49.2 % 1 639 -38.5 %

Building units and parking spaces purchased & sold (No.) 859 1.4 % 7 492 -19.4 %

Value of building units and parking spaces purchased & sold (Millon MOP) 4 699 4.5 % 42 244 -19.7 %

Jul / 2020 - Sep / 2020

Overall residential property price index (2011=100) 269.0 0.5 % .. ..

Current period data

Year-on-year change

4.2 0.9

Current period data

Year-on-year

change Year-to-date data Year-on-year change Annualised change ended the

current period

1.4

4 711 4 796 4 699

0 500 1 000 1 500

Oct / 2019 Nov / 2019 Dec / 2019 Jan / 2020 Feb / 2020 Mar / 2020 Apr / 2020 May / 2020 Jun / 2020 Jul / 2020 Aug / 2020 Sep / 2020 Oct / 2020 0 2 000 4 000 6 000 8 000 Number of building units and parking spaces purchased & sold

Value of building units and parking spaces purchased & sold

2.0 1.7

1.4 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

0 20 40 60 80 100 120

Oct / 2019 Nov / 2019 Dec / 2019 Jan / 2020 Feb / 2020 Mar / 2020 Apr / 2020 May / 2020 Jun / 2020 Jul / 2020 Aug / 2020 Sep / 2020 Oct / 2020

Global index Annualised inflation rate %

Index

No. Million MOP

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VIII - PUBLIC ACCOUNTS (Million MOP)

Oct / 2020

Total revenue %

Gaming revenue %

Total expenditure %

Fiscal balance

IX - MONEY (Million MOP)

Sep / 2020

Narrow money supply (M1) 74 777.6 -8.2 % 74 057.6 -11.1 %

Broad money supply (M2) 690 518.2 2.8 % 701 677.9 5.7 %

Domestic loans and advances to the private sector 535 616.4 3.9 % 536 417.4 5.8 %

Resident deposits 671 932.7 2.6 % 683 189.0 5.5 %

Foreign exchange reserves 184 822.9 8.1 % 189 239.2 11.4 %

X - CONSUMPTION OF WATER, ELECTRICITY AND FUELS

Oct / 2020

Water ('000 m³) 7 187 -11.6 % 70 798 -8.0 %

Electricity (Million kWh) 451 -12.9 % 4 646 -6.9 %

Gasoline for automotive use ('000 L) 8 411 -13.0 % 76 261 -18.3 %

Liquefied Petroleum Gas (Tonne) 2 768 -11.5 % 28 069 -17.0 %

.. Not applicable

- Absolute value equals zero

~ No figure provided p.p. Percentage point

24 346.4

69 635.4 11.5

Year-on-year change

3. “Construction permit issued” refers to projects that were issued the construction permit to start construction, expansion and superstructure

Year-on-year change Current period

data

Year-on-year change

2. Owing to the pandemic of novel coronavirus pneumonia, Visitor Expenditure Survey was suspended in the 2^nd quarter of 2020, and thus no information is released for this quarter.

..

80 835.0

Note: 1. Owing to the pandemic of novel coronavirus pneumonia, 17% of the travel agencies suspended operations/could not be contacted in October 2020.

11 199.6

Current period data

Year-on-year

change Year-to-date data Year-to-date data

-26.8 -74.1

Year-on-year change