The economy is based largely on tourism (including
gambling) and textile and fireworks manufacturing. Efforts to
diversify have spawned other small industries - toys, artificial
flowers, and electronics. The tourist sector has accounted for roughly
25% of GDP, and the clothing industry has provided about three-fourths
of export earnings; the gambling industry probably represents over 40%
of GDP. Macau depends on China for most of its food, fresh water, and
energy imports. Japan and Hong Kong are the main suppliers of raw
materials and capital goods. Output dropped 4% in 1998 and the economy
remained weak in 1999. Macau reverted to Chinese administration on 20
December 1999. Gang violence, a dark spot in the economy, probably
will be reduced in 2000 to the advantage of the tourism sector.

purchasing power parity - $7.65 billion (1998 est.)

-4% (1998 est.)

purchasing power parity - $17,500 (1998 est.)

agriculture: 1%
industry: 40%
services: 59% (1997)

NA%

lowest 10%: NA%
highest 10%: NA%

-3% (1999 est.)

281,117 (1998)

industry 31%, restaurants and hotels 28%,
other services 41%

6.9% (1999)

revenues: $1.34 billion
expenditures: $1.34 billion, including capital expenditures of $260
million (1998 est.)

clothing, textiles, toys, electronics, footwear, tourism,
gambling

NA%

1.34 billion kWh (1998)

fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1998)

1.42 billion kWh (1998)

1 million kWh (1998)

175 million kWh (1998)

rice, vegetables

$1.7 billion (f.o.b., 1999)

textiles, clothing, toys, electronics, cement,
footwear, machinery

US 48%, EU 31%, Hong Kong 8%, China 7% (1998)

$1.5 billion (c.i.f., 1999)

raw materials, foodstuffs, capital goods,
fuels, consumer goods

China 33%, Hong Kong 24%, EU 11%, Taiwan 10%,
Japan 8% (1998)

$1.7 billion (1997)

$NA

1 pataca (P) = 100 avos

patacas (P) per US$1 - 8.01 (January 2000), 7.99
(1999), 7.98 (1998), 7.99 (1997), 7.962 (1996), 8.034 (1993-95); note
- linked to the Hong Kong dollar at the rate of 1.03 patacas per Hong
Kong dollar

calendar year