Macau’s gross national income rises at annual average of 15.5 pct from 2002 to 2009

5 January 2011

Macau, China, 5 Jan – Macau’s gross national income (GNI) has risen continuously from 54.71 billion patacas in 2002 to 150.24 billion patacas in 2008, with an annual average rise of 15.5 percent, the region’s Statistics and Census Bureau said.

The bureau also said that the highest rise had been in 2007, of 39 percent, due on the one hand to a notable rise in income from shares and other investments made by resident individuals and companies and on the other, a substantial reduction in income from direct investment in Macau by non-residents.

Noting that it was the first time that GNI figures had been published in the 2002 to 2009 period, the bureau said that GNI, previously called Gross National Product (GNP), refers to total income of the residents of an economy, in carrying out their economic activities inside and outside the territory.

In its turn per capita GNI rose from 124,800 patacas in 2002 to 276,028 patacas in 2009, with an average annual rise of 12.0 percent and a average annual rise of 7.4 percent, in real terms. (macauhub)