24-8  Gross Domestic Product (Expenditure-based Estimates)①
	(100 million MOP)
GDP Components	2004r	2005r	2006r	2007r	2008②
At Current Prices
Private Consumption Expenditure	227.8	251.5	281.6	330.4	389.8
Government Final Consumption Expenditure	72.0	84.0	89.9	109.6	121.7
Gross Fixed Capital Formation	134.2	247.7	393.3	541.9	494.7
Changes in Inventories	6.0	6.5	10.2	9.3	8.7
Exports of Goods	225.6	198.2	204.6	204.3	160.3
Less: Imports of Goods	360.3	406.9	497.4	586.0	569.0
Exports of Services	630.4	672.7	813.0	1115.7	1393.8
Less: Imports of Services	113.5	131.8	158.1	230.6	281.3
GDP	822.3	921.9	1137.1	1494.6	1718.7
GDP per Capita                                  (MOP)	179977	193619	227721	284268	313091
At Constant (2002) Prices
Private Consumption Expenditure	227.9	244.3	264.3	295.1	317.3
Government Final Consumption Expenditure	70.4	78.2	81.2	91.7	91.5
Gross Fixed Capital Formation	115.9	185.0	267.3	333.6	271.1
Changes in Inventories	5.9	5.9	8.7	7.7	6.4
Exports of Goods	224.2	198.4	204.0	205.0	152.9
Less: Imports of Goods	354.7	387.1	458.0	522.1	469.0
Exports of Services	621.6	659.2	782.2	1057.9	1304.3
Less: Imports of Services	114.4	132.0	157.3	225.5	267.1
GDP	796.8	851.9	992.4	1243.2	1407.5
GDP per Capita                                    (MOP)	174391	178922	198754	236460	256403
Notes:①Major revision to GDP series was conducted in 2005 and the base year was revised from 1996 to 2002.
②The estimates are subject to revisions as more data become available.