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Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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Macao Inflation Rate at 6.36 Percent  
The inflation rate in Macao was recorded at 6.36 percent in March of 2014. Inflation Rate in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Balance of Trade at -5349065.09 Thousand MOP  
Macao recorded a trade deficit of 5349065.09 Thousand MOP in February of 2014. Balance of Trade in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Current Account at 149493.30 MOP Million  
Macao recorded a Current Account surplus of 149493.30 MOP Million in 2012. Current Account in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Exports at 721061.03 Thousand MOP  
Exports in Macao decreased to 721061.03 Thousand MOP in February of 2014 from 935118.74 Thousand MOP in January of 2014. Exports in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Imports at 6070126.11 Thousand MOP  
Imports in Macao decreased to 6070126.11 Thousand MOP in February of 2014 from 8772420.07 Thousand MOP in January of 2014. Imports in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Changes in Inventories at 1242400.00 MOP THO  
Changes in Inventories in Macao increased to 1242400 MOP THO in the fourth quarter of 2013 from 1109700 MOP THO in the third quarter of 2013. Changes in Inventories in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Consumer Price Index (CPI) at 128.81 Index Points  
Consumer Price Index (CPI) in Macao increased to 128.81 Index Points in March of 2014 from 128.32 Index Points in February of 2014. Consumer Price Index (CPI) in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Consumer Spending at 18292600.00 MOP THO  
Consumer Spending in Macao increased to 18292600 MOP THO in the fourth quarter of 2013 from 18095600 MOP THO in the third quarter of 2013. Consumer Spending in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao Employed Persons at 370.40 Thousand  
The number of employed persons in Macao increased to 370.40 Thousand in the fourth quarter of 2013 from 364.30 Thousand in the third quarter of 2013. Employed Persons in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
Macao GDP Constant Prices at 100584400.00 MOP THO  
GDP Constant Prices in Macao increased to 100584400 MOP THO in the fourth quarter of 2013 from 88440500 MOP THO in the third quarter of 2013. GDP Constant Prices in Macao is reported by the Statistics and Census Service, Government of Macao SAR.
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LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
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