According to the World Bank (WB), former Portuguese colony SAR Macao has become the forth in the world by per capita income, as reported by Financial Times.
In 2013, per capita GDP in Macao amounted to $91.4 thousand. Thus, the region now holds the fourth place in the world after Luxembourg, Norway, and Katar. The result of Switzerland holding the fifth place is $80.5 thousand.
As compared to 2012, GDP of Macao grew by more than 18%. According to FT, the growth is mainly due to the income from casinos and the inflow of tourists both Chinese and foreign.