Principal Indicators
GNI (Million MOP) 372,540 406,021 6.8
GDP (Million MOP) 407,328 444,666 5.4
Per-capita GNI (MOP) 574,022 614,950 5.0
Per-capita GDP (MOP) 627,625 673,481 3.6
Major Components of GNI
External factor income
Total inflow 42,282 56,263 33.1
Total outflow 77,070 94,908 23.1
Net flow -34,788 -38,645 ..
•
Direct investment income
Inflow 1,572 2,086 32.7
Outflow 60,893 72,469 19.0
Net flow -59,320 -70,383 ..
Portfolio investment income
Inflow 15,493 18,073 16.7
Outflow 2,458 4,121 67.6
Net flow 13,034 13,952 7.0
Other investment income
Inflow 22,997 33,175 44.3
Outflow 11,900 16,927 42.2
Net flow 11,097 16,248 46.4
Income on reserve assets
Inflow 2,220 2,929 32.0
Net flow 2,220 2,929 32.0
Compensation of employees
Outflow 1,786 1,358 -23.9
Net flow -1,786 -1,358 ..
Other primary income
Outflow 33 33 -
Net flow -33 -33 ..
Note : Figures are revised according to the latest data available.
www.dsec.gov.mo
•
2019.12
GNI and GDPCurrent prices
Year-on-year (%) 2018
2017
Current prices (Million MOP)
Real growth (%) 2018
2017
•
GROSS NATIONAL INCOME
2018
Alameda Dr. Carlos d' Assumpção No. 411-417, Dynasty Plaza, 17th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail : info@dsec.gov.mo Official Statistics. Reproduction of these data is allowed provided the source is quoted.
- 100 0 100 200 300 400 500
2017 2018
Billion MOP
GDP GNI Net flow of external factor income
2017 2018
Government of Macao Special Administrative Region Statistics and Census Service 統 計 暨 普 查 局
Total inflow of external factor income reflects income earned by resident enterprises and investors from abroad. In 2018, total inflow of external factor income increased by 33.1% year-on-year to MOP 56.26 billion, attributable to a 44.3% rise in other investment income (MOP 33.17 billion) and a 16.7% growth in portfolio investment income (MOP 18.07 billion) earned by some resident enterprises and investors from abroad. Meanwhile, income on reserve assets (MOP 2.93 billion) and direct investment income (MOP 2.09 billion) also surged by 32.0% and 32.7% respectively year-on-year.
Total outflow of external factor income reflects income earned by non- resident enterprises and investors from investment in Macao. In 2018, total outflow of external factor income went up by 23.1% year- on-year to MOP 94.91 billion, mainly due to a 19.0% increase in direct investment income (MOP 72.47 billion) earned by some non-resident enterprises and investors from investment in Macao. Furthermore, portfolio investment income (MOP 4.12 billion) and other investment income (MOP 16.93 billion) recorded growth of 67.6% and 42.2%
respectively.
After discounting the effect of price changes, GNI rose by 6.8% year- on-year in real terms in 2018, as against a 5.4% increase in GDP;
meanwhile, per-capita GNI went up by 5.0% year-on-year in real terms, as compared to a 3.6% growth in per-capita GDP.
– Gross National Income (GNI) at current prices amounted to MOP 406.02 billion in 2018, which was MOP 38.64 billion less than G ross Domestic Product (GDP) at current prices (MOP 444.67 billion), representing a net external factor income outflow of the same amount that was equivalent to 8.7% of GDP in 2018, slightly higher than the value (8.5%) registered in 2017.
– Per-capita GNI was MOP 614,950, as compared to per-capita GDP at MOP 673,481.
– GNI and per-capita GNI increased by 6.8% and 5.0% in real terms respectively year-on-year.
Historical Data
GDP (Million MOP) 411,865 442,070 362,213 362,876 407,328
Net outflow of external factor income (Million MOP) 64,905 63,339 29,287 26,257 34,788
GNI (Million MOP) 346,960 378,730 332,926 336,619 372,540
Per-capita GNI (MOP) 583,371 609,038 518,980 521,203 574,022
Glossary
Gross National Income (GNI):
1.
2.
Symbols and abbreviations:
MOP - Macao Pataca .. Not applicable
For additional information:
http://www.dsec.gov.mo/e/gni.aspx
2｜Gross National Income
Real Growth Rates of GNI and GDP
External factor income:
Refers to total income earned by residents of an economy from engaging in various economic activities within or outside the economy in the accounting period.
Refers to income earned by residents from investment outside an economy or by non-residents from investment within the economy, comprising direct investment income, portfolio investment income, other investment income, income on reserve assets, compensation of employees and other primary income.
2017 2016
2015 2014
2013
2018
For an institution, it refers to the producing unit that operates principally in that economy; however, for those that do not actually operate or engage in real production (e.g. holding company) but are legally incorporated in that economy, they are also considered as resident producing units.For an individual, it refers to a person who has stayed or intends to stay in that economy for at least 12 months, irrespective of nationality or legal status.
Refers to individuals or institutions of an economy who maintain their centre of economic interest within the territory of that economy. In practice,
- Absolute value equals zero Resident:
External Factor Income at Current Prices
6.8 5.4
-30 -20 -10 0 10 20
2014 2015 2016 2017 2018
%
GNI GDP
-80 -60 -40 -20 0 20 40 60 80 100 120
2014 2015 2016 2017 2018
Billion MOP
Total inflow Total outflow Net flow
