Principal Indicators
GNI (Million MOP) 395,172 242,561 -39.2
GDP (Million MOP) 445,530 204,410 -54.0
Per-capita GNI (MOP) 586,743 356,001 -39.9
Per-capita GDP (MOP) 661,515 300,007 -54.5
Major Components of GNI
External factor income
Total inflow 70,311 55,088 -21.7
Total outflow 120,669 16,936 -86.0
Net flow -50,359 38,152 ..
Direct investment income
Inflow 2,586 -358 ..
Outflow 80,377 -17,182 ..
Net flow -77,791 16,825 ..
Portfolio investment income
Inflow 22,750 23,363 2.7
Outflow 5,365 5,003 -6.8
Net flow 17,385 18,361 5.6
Other investment income
Inflow 41,507 29,957 -27.8
Outflow 21,565 17,940 -16.8
Net flow 19,942 12,017 -39.7
Income on reserve assets
Inflow 3,467 2,126 -38.7
Net flow 3,467 2,126 -38.7
Compensation of employees
Outflow 13,329 11,143 -16.4
Net flow -13,329 -11,143 ..
Other primary income
Outflow 33 33 0
Net flow -33 -33 ..
Note : Figures are revised according to the latest data available.
www.dsec.gov.mo
GROSS NATIONAL INCOME
2020
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.
2021.12 GNI and GDP
Current prices
Year-on-year (%) 2020
2019
Current prices (Million MOP)
Real growth (%) 2020
2019
- 100 0 100 200 300 400 500
2019 2020
Billion MOP
GDP GNI Net flow of external factor income
2019 2020
Government of Macao Special Administrative Region Statistics and Census Service 統 計 暨 普 查 局
•
•
•
#
– Gross National Income (GNI) at current prices amounted to MOP 242.56 billion in 2020, which was MOP 38.15 billion more than Gross Domestic Product (GDP) at current prices (MOP 204.41 billion), representing a net external factor income inflow of the same amount that was equivalent to 18.7% of GDP in 2020.
– Per-capita GNI was MOP 356,001, as compared to per-capita GDP at MOP 300,007.
– GNI and per-capita GNI decreased by 39.2% and 39.9% in real terms respectively year-on-year.
Total inflow of external factor income reflects income earned by resident enterprises and investors from abroad. In 2020, total inflow of external factor income decreased by 21.7% year-on-year to MOP 55.09 billion, attributable to a 27.8% drop in other investment income (MOP 29.96 billion) earned by resident enterprises and investors from abroad. Meanwhile, income on reserve assets (MOP 2.13 billion) fell by 38.7% year-on-year. In contrast, portfolio investment income (MOP 23.36 billion) rose by 2.7%.
Total outflow of external factor income reflects income earned by non- resident enterprises and investors from investment in Macao. In 2020, total outflow of external factor income went down by 86.0%
year-on-year to MOP 16.94 billion, mainly due to a decrease in direct investment income earned by non-resident enterprises and investors from investment in Macao. Furthermore, other investment income (MOP 17.94 billion), compensation of employees (MOP 11.14 billion) and portfolio investment income (MOP 5.00 billion) recorded a decline of 16.8%, 16.4% and 6.8% respectively.
After discounting the effect of price changes, GNI fell by 39.2% year- on-year in real terms in 2020, as against a 54.0% decrease in GDP.
Per-capita GNI went down by 39.9% year-on-year in real terms, as compared to a 54.5% fall in per-capita GDP.
Historical Data
GDP (Million MOP) 359,708 360,344 404,839 446,283 445,530
Net outflow of external factor income (Million MOP) 38,352 35,393 44,514 51,490 50,359
GNI (Million MOP) 321,356 324,951 360,326 394,793 395,172
Per-capita GNI (MOP) 500,944 503,137 555,202 597,945 586,743
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 2020
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, Resident:
0# Magnitude less than half of the unit employed
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.
2019 2018
2017 2016
2015
Real Growth Rates of GNI and GDP
External Factor Income at Current Prices
-39.2
-54.0 -60
-50 -40 -30 -20 -10 0 10 20
2016 2017 2018 2019 2020
%
GNI GDP
-60 -40 -20 0 20 40 60 80 100 120 140
2016 2017 2018 2019 2020
Billion MOP
Total inflow Total outflow Net flow
