Gross Domes tic Product (GDP) Reflects the total of goods produced and services provided annually in Macao, China.
GDP in this statistical yearbook is estimated by using the expenditure and product ion approaches. The exp enditure-bas ed
GDP is measured as t he sum of privat e consumpt ion exp enditure, government final consumption expenditure, gros s fixed
capital format ion, changes in inventories, and net exports (export s less import s) of goods and s ervices . The p roduction-
based GDP, which is measured as the sum of gross value added of all economic act ivities , can be used to evaluate t he
structure of the indust rial sectors in Macao, China.

Infant Mortality Rate Deat hs of infant s under one year old per 1,000 live births within the reference p eriod.

Natural Growth Rate Surp lus (or deficit) of births over deaths per 1,000 residents of the average population within the
reference period.

Crude Birth Rate Live births per 1,000 residents of the average population within the reference period.

Crude Mortality Rate Deaths per 1,000 residents of the average population within the reference period.

Regular Education Systematic academic programmes designed in princip le, for children and juveniles t o access/progress
from pre-primary education to university. Three pre-requisites are set up: - Programme duration of at least one academic
year. - Specific academic qualification for ent rance. - Examination or specific academic assessment procedures included.

Pre-primary Education Composed of 2 stages : infant educat ion and the preparatory level for primary education.

(1) Infant education: Designed for children aged between 3- 4 years old. Children aged 3 as at 31st December of the year of
enrolment are also eligible. No knowledge ass essment tests are required for progression.

(2) Preparatory level for primary education: Designed for children aged 5 as at 31st December of t he y ear of enrolment.
Progress examination is a pre-requisite for advancement access. This type of preparatory level is also called the third year of
preprimary education in some educational instit utes.

Primary Education Lasts for 6 y ears . Children having completed the preparatory level or aged 6 as at 31st December of
the year of enrolment are eligible to the first y ear of primary educat ion. The maximum age for primary education is 15.

Secondary Education It is divided into 2 stages: Junior secondary and senior secondary. Pre-university courses are also
considered secondary education.

(1) Junior Secondary Education: For a duration of 3 years. Students having success fully completed the primary education are
eligible. The maximum age for this level is 18 years old. However, under certain circumstances , the educational institutes can
exercise their discretion to accep t enrolment beyond the age limit.

(2) Senior Secondary Education: For a duration of 2-3 years. St udents having successfully completed the junior secondary
level are eligible. The maximum age for t his level is 21. However, under certain circumstances, the educational instit utes
can exercise t heir discretion to accept enrolment beyond the age limit.

Vocational Technical Secondary Education Programmes aiming at training vocational technical personnels in
elementary and intermediate levels.

Higher Education Degree or non-degree programmes offered by univers ities, polytechnical institutes or equivalent.

Special Education Programmes designed for students with mental, hearing and physical disabilities.

Adult Education Practical programmes or courses, outside t he regular education, organized for general particip ation.

Labour Force Total number of people aged 14 and above who were available to participate in the production of goods and
services during t he reference p eriod. This comprises employed populat ion and unemployed population.

Employed Population Total number of p eop le aged 14 and above who had worked at least 1 hour during the reference
period, for pay, profits or family gains, in cash or in kind. It also includes individuals who have a job and are absent from
work but maintain a formal job att achment, wit h owners of a company temporarily not at work because of specific reasons.

Unemployed Population Total number of people aged 14 and above during the reference p eriod with all of the following
condit ions: - Not having a job or any formal job attachment to an employer. - Available for work with remuneration or running
own business. - Seeking work during the last 30 days.

Underemployed Population Refers to the employed population who, regardless of their employment sit uation, worked
involuntarily les s than 35 hours during the reference period, and have sought or are available to take on additional work.

Labour Force Participation Rate The proportion of labour force in t he resident population aged 14 and above in Macao,
China.

Unemployment Rate The proportion of unemployed in the labour force.

Underemployment Rate The p rop ort ion of underemployed in the labour force.

Visitor Any person travelling to a place (ie Macao, China) other than his/her usual environment and whose main purpose of
travel is other than the exercise of an activity remunerated from within the place visit ed. The maximum length of stay has
been amended from 3 consecutive months to 12 consecutive months since August 2000.

Hotel Occupancy Rate The percent age of rooms occupied by guests in the total number of available rooms.

Imports The entry of any commodities into Macao, China, except Re-imports and Direct Transit.

Exports The outgoing from Macao, China, of any commodities, excluding Temporary Exports and Direct Transit.

Domestic Exports The outgoing from Macao, China, of any commodities with the origin of Macao, China.

Re-exports The outgoing from Macao, China of any commodities previously imp orted, without any transformation or even
with trans formation, the commodities did not obtain the origin of Macao, China.

Direct Transit Commodities passing through or transhiped in Macao, China for the exclusive purpose of transportation and
with their next destination ment ioned in the attached documents.

Country of Origin The country or territory where the crops were grown, the minerals were mined and the articles were
manufactured wholly or partly. If partly, the origin is considered the country or territory respons ible for the last phase of
manufacture before the merchandise took its final form. Repacking, sorting or mixing are not considered a manufacture
operation.

Country of Destination The final country or territory to which the goods are delivered, whether or not the transport has
been interrupted, and without any commercial transaction in the trans it country or territory.

Terms of Trade Index The ratio of the unit value index of exports to that of imports.

Housing Unit Division(s) or annex of a permanent building. Each housing unit has independent entrance of access to the
common area of the building; can be legally registered with the property registry and can be independently trans acted.

Gross Floor Area The sum of area of each floor in a building measured to the outer surface of the out er walls including
the area of lobbies, stairs, lift landings and communal space (shared by 2 or more housing units).

Consumer Price Index Reflects the p rice change of a representative "basket" of goods and services consumed by families
in Macao, China.

Money Supply (M1) Refers t o t he sum of currency in circulation and demand dep osits.

Money Supply (M2) Refers to the sum of money supply M1 and quasi-monetary liabilities that consist of savings deposits,
notice depos its, time deposits and certificates of dep osits.

Financial Transactions Comprise financial assets and financial liabilities.