In 2024, the total income of local residents in Macau increased by 9.4% year-on-year to 392.81 billion Macau Patacas.

Data from the Statistics and Census Service of Macau shows that in 2024, the total income of local residents in Macau (including individuals and institutions) increased by 9.4% to 392.81 billion Macau patacas (MOP). This is 47.5 billion MOP less than the local gross domestic product (GDP) of the year, which was 397.56 billion MOP, reflecting a net outflow of external elements. The per capita total income of local residents in Macau for the year was 572,614 MOP, compared to a per capita GDP of 579,533 MOP. Benefiting from the investment income of local companies and investors overseas in 2024 (355.5 billion MOP), which increased by 22.3% year-on-year, the total inflow of external elements income (income earned by local residents overseas) increased by 3.0% to 111.77 billion MOP. Reserves investment income (10.29 billion MOP), direct investment income (1.48 billion MOP), and employee compensation (0.14 billion MOP) also increased by 14.1%, 75.6%, and 122.1% respectively. On the other hand, the total outflow of external elements income (income earned by non-local residents in Macau) decreased by 2.5% to 116.52 billion MOP, mainly due to a decrease in other investment income (38.2 billion MOP) earned by foreign companies and investors in Macau, which decreased by 8.4%. With increasing exchanges between Macau and Hengqin, in 2024, local companies and investors in Macau obtained a profit of 760 million MOP from the Hengqin Guangdong-Macau Deep Cooperation Zone, mainly from direct investment income (620 million MOP) and employee compensation (140 million MOP). In the same year, companies and investors from the cooperation zone earned a direct investment income of 30 million MOP in Macau, resulting in a net inflow of 730 million MOP from Macau to the cooperation zone, an increase of 2.0% year-on-year.