Monetary and financial statistics – February 2020

According to statistics released today by the Monetary Authority of Macao, broad money supply retreated in February with a stable share of patacas. Meanwhile, resident deposits dropped from a month ago whereas loans to residents posted an increase.

Money supply

Currency in circulation and demand deposits fell 3.4% and 10.9% respectively. M1 thus decreased 9.3% from one month earlier. Meanwhile, quasi-monetary liabilities dropped 0.5%. The sum of these two items, i.e. M2, fell 1.7% to MOP687.8 billion. On an annual basis, M1 and M2 increased 0.2% and 5.1% respectively. The shares of pataca (MOP), Hong Kong dollar (HKD), renminbi (RMB) and United States dollar (USD) in M2 were 31.7%, 46.3%, 6.7% and 13.6% respectively.


Resident deposits went down by 1.6% from the preceding month to MOP669.4 billion whereas non-resident deposits rose 9.8% to MOP264.3 billion. Meanwhile, public sector deposits with the banking sector increased 3.3% to MOP254.7 billion. As a result, total deposits in the banking sector grew 1.8% from a month earlier to MOP1,188.4 billion. The shares of MOP, HKD, RMB and USD in total deposits were 19.0%, 46.6%, 5.6% and 25.2% respectively.


Domestic loans to the private sector grew 1.2% from a month ago to MOP526.0 billion whereas external loans fell 0.8% to MOP566.2 billion. As a result, total loans to the private sector went up by 0.1% from a month earlier to MOP1,092.3 billion. The shares of MOP, HKD, RMB and USD in total loans were 17.4%, 48.5%, 5.1% and 26.2% respectively.

Operating ratios

At end-February, the loan-to-deposit ratio for the resident sector rose from 56.1% at end-January to 56.9%. On the other hand, the ratio for both the resident and non-resident sectors fell from 93.4% to 91.9%. The one-month and three-month current assets to liabilities ratios stood at 55.3% and 52.0% respectively. Concurrently, the non-performing loan ratio stabilised at 0.3%.

Is there anything wrong with this page?

Help us improve GOV.MO

* Mandatory field


All information on this site is based on the official language of the Macao Special Administrative Region. The English version is the translation from the Chinese originals and is provided for reference only. If you find that some of the contents do not have an English version, please refer to the Traditional Chinese or Portuguese versions.