Macau’s gross domestic product per capita will be the world’s fourth highest by 2025, according to the McKinsey Global Institute. The McKinsey Global Institute, established in 1990, is McKinsey & Company’s business and economics research arm. According to a report released in March, Macau will boast a GDP per capita of US$138,000 (MOP1.1 million) in 2025, at a predicted real exchange rate. The city’s overall GDP will reach US$84 billion, the study says. Macau’s GDP per capita will only rank behind Oslo, in Norway (US$198,000), Doha, in Qatar (US$195,000) and Bergen, in Norway (US$177,000). Macau’s per-capita GDP at current prices amounted to US$49,745 in 2010, a 25.8 percent year-on-year jump in real terms.
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