Diplomatic representation from the US: the US has no offices in
Macau, and US interests are monitored by the US Consulate General in
Hong Kong
Flag description: light green with a lotus flower above a stylized bridge and water in white, beneath an arc of five gold, five-pointed stars: one large in center of arc and four smaller
Macau Economy
Economy - overview: 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. More than 8 million tourists visited Macau in 2000. 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 5% in 1998 and 3% in 1999, with a small 2% gain in 2000. Macau reverted to Chinese administration on 20 December 1999. Gang violence, a dark spot in the economy, probably will be reduced in 2000-01 to the advantage of the tourism sector.
GDP: purchasing power parity - $7.82 billion (2000 est.)
GDP - real growth rate: 2% (2000 est.)
GDP - per capita: purchasing power parity - $17,500 (2000 est.)
GDP - composition by sector: agriculture: 1%
industry: 25%
services: 74% (2000 est.)