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25-23 Money Supply
(100 million MOP (as at end of year))
Items2001 2002 2003 2004 2005
Money Supply (M1)59.263.587.9134.4r127.9
Classification 1: MOP35.239.348.762.968.5
HKD23.323.635.367.554.0
Other Currencies0.60.63.84.15.4
Classification 2: Currency in Circulation (MOP)19.020.523.627.7r29.7
Demand Deposits40.243.064.3106.798.1
Money Supply (M2) 915.5989.61110.91209.51356.6
Classification 1: MOP261.1275.4296.7313.7r366.9
HKD469.1512.2594.4662.1701.5
Other Currencies185.4201.9219.8233.6288.3
Classification 2: Money Supply (M1) 59.263.587.9134.4r127.9
Quasi-Monetary Liabilities (QML)③856.3926.11023.01075.11228.7
Savings Deposits193.6230.7349.2427.1364.3
Notice Deposits8.49.312.312.611.6
Time Deposits654.3686.0661.5635.4852.8
Notes: Pataca (MOP) is the legal tender in the Macao Special Administrative Region, as stated in "The Basic Law of the Macao Special
Administrative Region of the People's Republic of China".
M2 = M1 + Quasi-Monetary Liabilities (QML).
Starting from January 2001, the definition of M1 has been revised. Saving Deposits are reclassified as component of the
Quasi-Monetary Liabilities (QML); while M1 includes only Currency in Circulation and Demand Deposits.
QML: Quasi-Monetary Liabilities, which consist of savings deposits, notice deposits, time deposits and certificate of deposits.
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