GDP grows 11.9 pct in 2013 as gaming, tourism boom

2014-3-18

From：Macau Business

The economy grew by 11.9 percent last year, official data indicate.

Gross domestic product amounted to MOP413.5 billion (US$51.7 billion) and GDP per head was MOP697,502.

The Statistics and Census Service says the growth was fuelled by an increase of 12 percent in exports of services as tourism and gaming flourished.

Private investment increased by 27.3 percent but public investment decreased by 48.1 percent.

The annual rate of growth in GDP in the fourth quarter of last year was 14.3 percent, spurred by rising exports of services.

Copyright@Macau Business