Monetary and financial statistics – February 2017

According to statistics released today by the Monetary Authority of Macao, broad money supply continued to grow in February with a relatively stable share of patacas. On the other hand, resident deposits and loans rose from a month ago.

Money supply

Currency in circulation dropped 6.7% whereas demand deposits rose 13.2%. M1 thus increased 8.5% from one month earlier. On the other hand, quasi-monetary liabilities decreased 0.3%. The sum of these two items, i.e. M2, increased 0.7% to MOP540.7 billion. On an annual basis, M1 and M2 grew 12.8% and 15.2% respectively. The shares of pataca (MOP), Hong Kong dollar (HKD), renminbi (RMB) and United States dollar (USD) in M2 were 31.7%, 52.1%, 4.0% and 10.1% respectively.


Resident deposits increased 0.9% from the preceding month to MOP526.4 billion while non-resident deposits grew 2.5% to MOP255.4 billion. On the other hand, public sector deposits with the banking sector also increased 5.8% to MOP180.5 billion. As a result, total deposits with the banking sector increased 2.2% from a month earlier to MOP962.2 billion. The shares of MOP, HKD, RMB and USD in total deposits were 21.6%, 47.6%, 3.9% and 24.0% respectively.


Domestic loans to the private sector increased 0.6% from a month ago to MOP418.0 billion. Among which, MOP124.1 billion was MOP-denominated, MOP271.6 billion was denominated in HKD, MOP2.4 billion was denominated in RMB and MOP18.0 billion was denominated in USD, representing 29.7%, 65.0%, 0.6% and 4.3% of the total respectively. External loans rose 2.2% to MOP381.2 billion; of which, loans denominated in MOP, HKD, RMB and USD accounted for 1.8% (MOP7.0 billion), 26.4% (MOP100.6 billion), 10.6% (MOP40.5 billion) and 54.9% (MOP209.4 billion) respectively.

Operating ratios

At end-February, the loan-to-deposit ratio for the resident sector dropped 0.9 percentage points from the previous month to 59.1%. The ratio for both the resident and non-resident sectors also fell 0.7 percentage points to 83.1%. The one-month and three-month current assets to liabilities ratios stayed at relatively high levels of 48.8% and 53.6% respectively. In addition, the non-performing loan ratio was unchanged from one month earlier but up slightly by 0.1 percentage point from one year ago, at 0.2%.

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.