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Gross National Income for 2010


Information from the Statistics and Census Service (DSEC) indicated that Gross National Income (GNI) at current prices amounted to MOP 201.88 billion in 2010, up by 25.0% in real terms. In comparison with Gross Domestic Product (GDP) at MOP 226.26 billion, GNI was lower than GDP by MOP 24.39 billion, equivalent to 10.8% of GDP. Besides, per-capita GNI amounted to MOP 369,778, which was MOP 44,666 lower than per-capita GDP of MOP 414,444. In 2010, value of both GNI and per-capita GNI were lower than GDP and per-capita GDP, implying that the income earned by non-resident investors from Macao was higher than the foreign investment income earned by resident investors from abroad. In particular, income earned by non-resident investors from Macao increased by 35.0% upon a substantial surge in Direct Investment Income; however, foreign investment income earned by resident investors from abroad declined by 5.4% due to a decrease in Other Investment Income. Therefore, the difference between GNI and GDP widened further from MOP 15.34 billion in 2009 to MOP 24.39 billion in 2010. In 2010, GNI increased by 30.4% in nominal terms and 25.0% in real terms, lower than the respective GDP growth of 33.0% and 27.1%, attributable to higher total outflow of external factor income than total inflow. GNI is the total income earned by residents of an economy from engaging in various economic activities within or outside the economy, corresponding to GDP plus total inflow of external factor income minus total outflow. Gross National Income (GNI) and Gross Domestic Product (GDP), 2006-2010
(* please find the attached file)



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