ts in the US are represented by Portugal;
US--the US has no offices in Macau and US interests are monitored
by the US Consulate General in Hong Kong
_#_Flag: the flag of Portugal is used
_*_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 two-thirds of export earnings.
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.
_#_GDP: $2.9 billion, per capita $6,560; real growth rate 6%
(1990 est.)
_#_Inflation rate (consumer prices): 9.5% (1989)
_#_Unemployment rate: 2% (1989 est.)
_#_Budget: revenues $305 million; expenditures $298 million, including
capital expenditures of $NA (1989)
_#_Exports: $1.7 billion (1989 est.);
commodities--textiles, clothing, toys;
partners--US 33%, Hong Kong 15%, FRG 12%, France 10% (1987)
_#_Imports: $1.6 billion (1989 est.);
commodities--raw materials, foodstuffs, capital goods;
partners--Hong Kong 39%, China 21%, Japan 10% (1987)
_#_External debt: $91 million (1985)
_#_Industrial production: NA
_#_Electricity: 203,000 kW capacity; 495 million kWh produced,
1,120 kWh per capita (1990)
_#_Industries: clothing, textiles, toys, plastic products, furniture,
tourism
_#_Agriculture: rice, vegetables; food shortages--rice, vegetables,
meat; depends mostly on imports for food requirements
_#_Economic aid: none
_#_Currency: pataca (plural--patacas); 1 pataca (P) = 100 avos
_#_Exchange rates: patacas (P) per US$1--8.03 (1989), 8.044 (1988),
7.993 (1987), 8.029 (1986), 8.045 (1985); note--linked to the Hong Kong
dollar at the rate of 1.03 patacas per Hong Kong dollar
_#_Fiscal year: calendar year
_*_Communications
_#_Highways: 42 km paved
_#_Ports: Macau
_#_Civil air: no major transport aircraft
_#_Airports: none useable, 1 under construction; 1 seaplane station
_#_Telecommunications: fairly modern communication facilities
maintained for domestic and international services; 52,000 telephones;
stations--4 AM, 3 FM, no TV; 75,000 radio receivers (est.); international
high-frequency radio communication facility; access to int
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