Per capita GNI in Macau totals US$76,500 in 2014

31 December 2015

The gross national income (GNI) of Macau in 2014 at current prices amounted to 380.23 billion patacas (US$47.5 billion), with per capita GNI totalling 611,999 patacas (US$76,500), reported the region’s Statistics and Census Bureau.

GNI in 2014 increased by 6.7 percent in real terms compared to 2013 and per capita GNI increased by 1.8 percent in real terms, due to an increase in Macau’s real purchasing power abroad.

GNI is the total income that residents of an economy obtain by carrying out economic activities within or outside the economy, corresponding to the sum of gross domestic product (GDP) plus the income earned by resident investors who have invested abroad, minus the income earned by non-resident investors.

Gross Domestic Product (GDP) in Macau in 2014 was 443.3 billion patacas, and as the GNI was lower by 63.07 billion patacas this was the value of net foreign factor income, equivalent to 14.2 percent of GDP.

Net foreign factor payments, or the income earned by non-resident companies and investors, reached 98.13 billion patacas in 2014, up 11.9 percent year on year.

Total foreign factor income, which refers to the income of overseas businesses and residents reached 35.06 billion patacas in the year under review, with an increase of 53.5 pecent compared to 2013. (macauhub/MO)