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Macau

Introduction Key Economic Facts U.S. Embassy Macau, along with , is one of the two special Income Level (by per capita High Income U.S. Consulate General Hong Kong & Macau administrative regions of in Eastern . It lies on the GNI): 26 Garden Road western side of the Delta, bordering GDP, PPP (current international $82.91 billion (2019) Central, Hong Kong and facing the Sea. Macau is $): Phone: (852) 2523-9011 situated 60 kilometers (37 mi) southwest GDP growth (annual %): -4.71% (2019) https://hk.usconsulate.gov of Hong Kong and consists of the Macau GDP per capita, PPP (current $129,451.06 (2019) Peninsula and the islands of and international $): . The government system is a Manufacturing, value added (% 0.54% (2018) limited democracy; the chief of state is the president of of GDP): China, and the head of government is the chief executive. Current account balance (BoP, $17.70 billion (2019) Under the "one country, two systems" approach, China's current US$): socialist economic system is not Inflation, consumer prices 3.01% (2018) practiced in Macau. Macau has (annual %): a market based, service- Labor force, total: 390,040 (2020) oriented economy in which the Unemployment, total (% of 2.51% (2020) prices of goods and services total labor force) (modeled ILO estimate): are determined in a free price Imports of goods and services $18.01 billion (2019) system. (current US$): Exports of goods and services $44.97 billion (2019) Location: Eastern Asia (current US$): Capital City: No Capital Chief of State: President of China Head of Govt.: Chief Executive Ho lat Seng Currency: Macau pataca (MOP) GDP Composition % Agriculture Services Industry Manufacturing Major Languages:

Cantonese 80.1%, 5.5%, other Chinese 5.3%, 94 Tagalog 3%, English 2.8%, Portuguese 0.6%, other 2.8% (2016 est.)

0 4 1

Primary Religions:

Folk religion 58.9%, Buddhist *Although Manufacturing is included in the Industry figures, it is also separately 17.3%, Christian 7.2%, other 1.2%, reported because it plays a critical role in economy. none 15.4% (2010 est.)

Rankings Calling Code: 853 Index Rank Voltage: 220 Index of Economic Freedom 34 / 179 Key Websites KOF Index of Globalization 158 / 185 Main Government Page: gov.mo Commerce Ministry: economia.gov.mo Investment Promotion ipim.gov.mo Agency:

Country Memo Provided by: globalEDGE.msu.edu and EXPORT.GOV