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Compare Macau (2004) - Macau (2005)

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 Macau (2004)Macau (2005)
 MacauMacau
Age structure 0-14 years: 18% (male 41,460; female 38,595)


15-64 years: 74.2% (male 157,629; female 172,810)


65 years and over: 7.8% (male 14,380; female 20,412) (2004 est.)
0-14 years: 17% (male 39,564/female 36,947)


15-64 years: 75.1% (male 160,957/female 176,386)


65 years and over: 7.9% (male 14,713/female 20,631) (2005 est.)
Agriculture - products vegetables, livestock only 2% of land area is cultivated, mainly by vegetable growers; fishing, mostly for crustaceans, is important, some of catch is exported to Hong Kong; most food requirements are met by imports, primarily from China
Airports 1 (2003 est.) 1 (2004 est.)
Birth rate 8.04 births/1,000 population (2004 est.) 8.04 births/1,000 population (2005 est.)
Budget revenues: $1.9 billion


expenditures: $1.68 billion, including capital expenditures of $194 million (2002)
revenues: $1.84 billion


expenditures: $1.57 billion, including capital expenditures of NA (2003)
Currency pataca (MOP) -
Death rate 4.23 deaths/1,000 population (2004 est.) 4.23 deaths/1,000 population (2005 est.)
Debt - external $121 million (2001 est.) $2.7 billion (2003)
Economic aid - recipient NA (1997) NA
Economy - overview Macau's well-to-do economy has remained one of the most open in the world since its reversion to China in 1999. The territory's net exports of goods and services account for roughly 41% of GDP with tourism and apparel exports as the mainstays. Although the territory was hit hard by the 1998 Asian financial crisis and the global downturn in 2001, its economy grew 9.5% in 2002. A rapid rise in the number of mainland visitors because of China's easing of restrictions on travel drove the recovery. The budget also returned to surplus in 2002 because of the surge in visitors from China and a hike in taxes on gambling profits, which generated about 70% of government revenue. The liberalization of Macao's gambling monopoly contributes to GDP growth, as the three companies awarded gambling licenses have pledged to invest $2.2 billion in the territory. Much of Macau's textile industry may move to the mainland as the Multi-Fiber Agreement is phased out. The territory may have to rely more on gambling and trade-related services to generate growth. The government estimated GDP growth at 4% in 2003 with the drop in large measure due to concerns over the Severe Acute Respiratory Syndrome (SARS), but private sector analysts think the figure may have been higher because of the continuing boom in tourism. Macau's well-to-do economy has remained one of the most open in the world since its reversion to China in 1999. Apparel exports and tourism are mainstays of the economy. Although the territory was hit hard by the 1998 Asian financial crisis and the global downturn in 2001, its economy grew 9.5% in 2002 and 15.6% in 2003. During the first three quarters of 2004, Macau registered year-on-year GDP increases of more than 20 percent. A rapid rise in the number of mainland visitors because of China's easing of restrictions on travel, increased public works expenditures, and significant investment inflows associated with the liberalization of Macau's gaming industry drove the recovery. The budget also returned to surplus in 2002 because of the surge in visitors from China and a hike in taxes on gambling profits, which generated about 70% of government revenue. The three companies awarded gambling licenses have pledged to invest $2.2 billion in the territory, which will boost GDP growth. Much of Macau's textile industry may move to the mainland as the Multi-Fiber Agreement is phased out. The territory may have to rely more on gambling and trade-related services to generate growth. Two new casinos were opened by new foreign gambling licensees in 2004; development of new infrastructure and facilities in preparation for Macau's hosting of the 2005 East Asian Games will bolster the construction sector. The Closer Economic Partnership Agreement (CEPA) between Macau and mainland China that came into effect on 1 January 2004 offers many Macau-made products tariff-free access to the mainland, and the range of products covered by CEPA was to be expanded on 1 January 2005.
Electricity - consumption 1.688 billion kWh (2002) 1.772 billion kWh (2003)
Electricity - exports 1 million kWh (2001) 1 million kWh (2003)
Electricity - imports 193 million kWh (2002) 179.7 million kWh (2003)
Electricity - production 1.611 billion kWh (2002) 1.719 billion kWh (2003)
Ethnic groups Chinese 95%, Macanese (mixed Portuguese and Asian ancestry), Portuguese, other Chinese 95.7%, Macanese (mixed Portuguese and Asian ancestry) 1%, other 3.3% (2001 census)
Exchange rates patacas per US dollar - 8.0212 (2003), 8.0334 (2002), 8.0335 (2001), 8.0259 (2000), 7.9919 (1999) patacas per US dollar - 8.022 (2004), 8.021 (2003), 8.033 (2002), 8.034 (2001), 8.026 (2000)
Executive branch chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive Edmund HO Hau-wah (since 20 December 1999)


cabinet: Executive Council consists of all one government secretary, four legislators, four businessmen, and one pro-Beijing unionist


elections: chief executive chosen by a 300-member selection committee for up to two five-year terms


election results: Edmund HO Hau-wah reelected on 29 August 2004; received 296 votes in Election Committee out of 300 possible; 3 members submitted blank ballots; 1 member was absent
chief of state: President of China HU Jintao (since 15 March 2003)


head of government: Chief Executive Edmund HO Hau-wah (since 20 December 1999)


cabinet: Executive Council consists of one government secretary, four legislators, four businessmen, and one pro-Beijing unionist


elections: chief executive chosen by a 300-member Election Committee for up to two five-year terms


election results: Edmund HO Hau-wah reelected on 29 August 2004; received 296 votes in Election Committee out of 300 possible; 3 members submitted blank ballots; 1 member was absent
Exports NA (2001) NA
Exports - commodities clothing, textiles, footwear, cement, machines, and parts clothing, textiles, footwear, toys, electronics, machinery and parts
Exports - partners US 49.4%, China 14.1%, Germany 8.1%, Hong Kong 6.7%, UK 4.5% (2003) US 48.7%, China 13.9%, Germany 8.3%, Hong Kong 7.6%, UK 4.4% (2004)
GDP purchasing power parity - $9.1 billion (2003 est.) -
GDP - composition by sector agriculture: 1%


industry: 12%


services: 87% (2002 est.)
agriculture: 0.1%


industry: 7.2%


services: 92.7% (2002 est.)
GDP - per capita purchasing power parity - $19,400 (2003 est.) purchasing power parity - $19,400 (2003)
GDP - real growth rate 4% (2003 est.) 15.6% (2003)
Highways total: 271 km


paved: 271 km


unpaved: 0 km (2000)
total: 341 km


paved: 341 km


unpaved: 0 km (2002)
Imports NA (2001) NA
Imports - commodities clothing, textiles, yarn, foodstuffs, fuel, automobiles, capital goods raw materials and semi-manufactured goods, consumer goods (foodstuffs, beverages, tobacco), capital goods, mineral fuels and oils
Imports - partners China 43%, Hong Kong 12.7%, Japan 8.7%, Taiwan 5.6% (2003) China 44.4%, Hong Kong 10.6%, Japan 9.6%, Taiwan 4.9%, Singapore 4.1%, US 4.1% (2004)
Infant mortality rate total: 4.39 deaths/1,000 live births


male: 4.59 deaths/1,000 live births


female: 4.19 deaths/1,000 live births (2004 est.)
total: 4.39 deaths/1,000 live births


male: 4.59 deaths/1,000 live births


female: 4.19 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) -2.6% (2003 est.) 2% (3rd quarter, 2004)
Judicial branch The Court of Final Appeal in the Macau Special Administrative Region Court of Final Appeal in Macau Special Administrative Region
Labor force 214,000 (2002) 231,500 (3rd Quarter, 2004)
Labor force - by occupation manufacturing 20%, construction 7%, transport and communications 6%, wholesale and retail trade 15%, restaurants and hotels 12%, gambling 7%, public sector 8%, other services and agriculture 25% (2002 est.) manufacturing 18.3%, construction 8%, transport and communications 7%, wholesale and retail trade 16.2%, restaurants and hotels 10.9%, gambling 11.6%, public sector 8.8%, other services and agriculture 19.2% (2003 est.)
Languages Portuguese, Chinese (Cantonese) Cantonese 87.9%, Hokkien 4.4%, Mandarin 1.6%, other Chinese dialects 3.1%, other 3% (2001 census)
Legislative branch unicameral Legislative Council or LEGCO (27 seats; 10 elected by popular vote, 10 by indirect vote, and sevem appointed by the chief executive; members serve four-year terms); number of legislators will increase to 29 from September 2005


elections: last held 23 September 2001 (next to be September 2005)


election results: percent of vote - NA%; seats by political bloc - Entertainment Industry 3, pro-democracy 2, pro-Beijing Labor Union 2, pro-Beijing Neighborhood Association 2, pro-business 1
unicameral Legislative Council or LEGCO (29 seats; 12 elected by popular vote, 10 by indirect vote, and seven appointed by the chief executive; members serve four-year terms)


elections: last held 26 September 2005 (next in September 2009)


election results: percent of vote - Development Union 12.8%, Macau Development Alliance 9%, Macau United Citizens' Association 16%, New Democratic Macau Association 18.2%, others na; seats by political group - Development Union 2, Macau Development Alliance 1, Macau United Citizens' Association 2, New Democratic Macau Association 2, New Hope 1, Union Forces 2, others 2; 10 seats filled by professional and business groups; seven members appointed by chief executive
Life expectancy at birth total population: 82.03 years


male: 79.2 years


female: 84.99 years (2004 est.)
total population: 82.12 years


male: 79.29 years


female: 85.09 years (2005 est.)
Merchant marine none -
Military branches responsibility for defense reverted to China on 20 December 1999; there are local police forces China's People's Revolutionary Army (PLA) constitutes the only armed force in Macau; several police forces constitute the Security Forces of Macau (SFM) that are subordinate to the General Secretariat of Security, a body comparable to a ministry of interior (2004)
Military manpower - availability males age 15-49: 125,060 (2004 est.) -
Military manpower - fit for military service males age 15-49: 68,913 (2004 est.) -
Net migration rate 4.86 migrant(s)/1,000 population (2004 est.) 4.86 migrant(s)/1,000 population (2005 est.)
Political parties and leaders Some civic associations operate as de facto political parties: Electoral Union; Pro-Macao and Flower of Friendship and Development of Macao; Associacao para a Defesa dos Interesses de Macao; Centro Democratico de Macao; Grupo Independente de Macao; Macau Economic Promotion Association; Progress Promotion Union; Development Union Civil Service Union [Jose Maria Pereira COUTINHO]; Development Union [KWAN Tsui-hang]; Macau Development Alliance [Angela LEONG On-kei]; Macau United Citizens' Association [CHAN Meng-kam]; New Democratic Macau Association [Antonio NG Kuok-cheong]; United Forces [leader NA]
Political pressure groups and leaders Catholic Church [LAI Hung-sing, bishop]; Macau Society of Tourism and Entertainment or STDM [Stanley HO, managing director]; Union for Democracy Development [Antonio NG Kuok-cheong, leader] NA
Population 445,286 (July 2004 est.) 449,198 (July 2005 est.)
Population growth rate 0.87% (2004 est.) 0.87% (2005 est.)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 0.91 male(s)/female


65 years and over: 0.7 male(s)/female


total population: 0.92 male(s)/female (2004 est.)
at birth: 1.07 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 0.91 male(s)/female


65 years and over: 0.71 male(s)/female


total population: 0.92 male(s)/female (2005 est.)
Total fertility rate 0.93 children born/woman (2004 est.) 0.93 children born/woman (2005 est.)
Unemployment rate 6.3% (2003) 4.7% (3rd Quarter, 2004)
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