Macau
| Country summary | |
|---|---|
|
Capital |
|
|
Borders |
(N/A) |
|
Government type |
limited democracy |
|
Population |
559,846 (July 2010 est.)[1] |
|
Population growth |
1.995% (2010 est.)[1] |
|
Life expectancy |
84.36 years[1] |
|
Unemployment |
3.6% (2009)[1] |
|
20[2] | |
|
43[3] | |
Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of the People's Republic of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be practiced in Macau, and that Macau would enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.[1]
Economical characteristics
- Currency: Macanese pataca (ISO code: MOP)
- Central bank discount rate: [1]
- Commercial banks lending rate: 5.25% (31 December 2009)[1]
- Stock of money (M1): $4.55 billion (31 December 2009)[1]
- Quasi money (with M1 makes M2): $22.68 billion (31 December 2009 est.)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (million USD)[4] | 5 917 | 6 102 | 6 187 | 6 824 | 7 925 | 10 251 | 11 508 | 14 211 | 18 599 | |
| Govt. debt (% of GDP)[5] | ||||||||||
| Govt. revenue (% of GDP)[6] | 22.534 | 19.937 | 22.353 | 21.699 | 24.052 | 24.623 | 25.834 | 25.569 | 28.724 | 32.543 |
| Govt. expenses (% of GDP)[7] | 20.683 | 16.676 | 16.963 | 16.129 | 15.171 | 12.307 | 12.216 | 11.373 | 9.988 | 13.428 |
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Macau", from The World Factbook. Referenced 2010-09-30.
- ↑ Heritage Foundation. "Macau", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-30.
- ↑ Transparency International. "Macau", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-30.
- ↑ World Bank. "Macau: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Macau: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Macau: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Macau: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Macau on Wikipedia
- Central bank of Macau
- BBC country profile
