Useful Links for You to Get Familiar with Macao

About Macao

Basic Information
Macao is located on the western bank of the Pearl River Delta in Southern China, comprised of the Macao Peninsula, Taipa Island, Coloane Island and the reclaimed area Cotai with a total area of 32.9 sq. km. As at 2018, 4th quarter, the total population is estimated to be 667,400 and. Macao is eight hours ahead of Greenwich Mean Time.

Climate
The climate is fairly warm and tropical in Macao. Annual average temperature is about 20ºC. Humidity levels are high and average values vary between 73% and 90%. Annual rainfall is 1.778mm, mostly during Summer months. Summer (July - September) is hot with temperature as high as 33ºC and sometimes with typhoons. Autumn (October - December) is the most pleasant season that days are sunny and warm and humidity levels are low. Winter (January - March) is cold but sunny. Temperature can drop to below 10 ºC sometimes.

Language
Chinese and Portuguese are the official languages. Cantonese, a dialect very common among Southern Chinese, is most widely spoken. The official languages are used in government departments in all official documents and communications. English, which is generally used in trade, tourism and commerce, is also the major working language in the UM.

Currency
The Pataca (MOP$) is Macao's official currency. There are banknotes and coins in the following denominations:

Coins: 10, 20 and 50 avos; 1, 2 and 5 Patacas.
Banknotes: 10, 20, 50, 100, 500 and 1000 Patacas.

By the decision of the Macao Government the Pataca is linked to the Hong Kong dollar (HK$). The exchange rate is MOP$103.20 = HK$100.00. There is an acceptable variation up to 10%. Roughly 10 Patacas is equivalent to 1 EURO and 8 Patacas is equivalent to 1 US Dollar.

For more information, please visit the following website:


Macao SARG Portal

Macao Government Official Portal provides comprehensive information of Macao to the citizens, tourists and merchants.

Economic Development
Macao is a small economy pursuing an open economic policy. It is known for being one of the lowest tax regimes in the Asia Pacific region and sound financial stability. As a free port and a tariff zone separated from the mainland China, which has no foreign exchange controls, Macao is playing actively in the regional economy and as a vital link between the mainland Chinese and global markets.

For the most up-to-date statistical principle indicators of Macao, you may visit

IPIM

Among sectors, the tourism and gaming industry, a general term for tourism, hotels, catering, retails and gaming, is a major driving force of Macao’s economy. Gaming by itself is the largest source of direct tax in Macao.

Cost of Living
The cost of living in Macao varies with the rapid growth of the economy.

For economic indicators such as the inflation rate, you may visit the Statistics and Census Service Macao SAR.

For more basic information about Macao, you may visit Here.

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Last Modified: 6 March, 2019