Markets Actual Q3 Q4 Q1 Q2 2023
Currency 8.09 8.09 8.1 8.11 8.12 8.14

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -39.30 3 5 5 5 5
Unemployment Rate (%) 4.10 2.5 2.5 2.5 2.5 2.5
Inflation Rate (%) 1.13 2 1.4 1.8 1.4 1.8
Interest Rate (%) 3.50 3.5 4.25 4.75 4.75 4.25
Balance of Trade (Thousand MOP) -3797180.95 -6940000 -6940000 -6940000 -6940000 -6940000
Current Account (MOP Million) 23700.70 154000 154000 154000 154000 154000
Current Account to GDP (% of GDP) 15.20 32.5 32.5 32.5 32.5 32.5
Corporate Tax Rate (%) 12.00 12 12 12 12 12
Personal Income Tax Rate (%) 12.00 12 12 12 12 12

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) -39.30 3 5 5 5 5
GDP (USD Billion) 29.91 53.7 53.9 53.9 53.9 53.9
GDP Constant Prices (MOP Million) 38529.00 57318 65678 56984 40455 68961
Gross Fixed Capital Formation (MOP THO) 9132.00 15492 17478 12701 9589 18352
GDP per Capita (USD) 42093.40 55950 55950 55950 55950 55950
GDP per Capita PPP (USD) 67178.74 115000 115000 115000 108164 126165
Gross National Product (MOP Million) 204893.00 180306 211040 215138 215138 225895

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 4.10 2.5 2.5 2.5 2.5 2.5
Unemployed Persons (Thousand ) 13.90 6.8 6.8 6.8 6.8 6.8
Population (Million) 0.68 0.69 0.7 0.7 0.7 0.7
Wages (MOP/Monthly) 15600.00 17500 17500 17500 17500 17500
Wages in Manufacturing (MOP/Monthly) 12000.00 16000 16000 16000 16000 16000
Labor Force Participation Rate (%) 68.30 70.2 70.2 70.2 70.2 70.2

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 1.13 2 1.4 1.8 1.4 1.8
Consumer Price Index CPI (points) 103.77 105 105 105 105 106
Inflation Rate MoM (%) -0.17 0.2 0.2 0.2 0.2 0.2
Food Inflation (%) 1.94 2.8 2.4 1.8 1.2 1.8
CPI Transportation (points) 111.60 112 112 112 112 113

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 3.50 3.5 4.25 4.75 4.75 4.25
Interbank Rate (%) 2.52 3.27 4.02 4.52 4.52 4.02
Money Supply M2 (MOP Million) 681645.83 655000 655000 655000 655000 655000
Deposit Interest Rate (%) 0.16 0.91 1.66 2.16 2.16 1.66
Foreign Exchange Reserves (USD Million) 26335.55 27500 28000 28500 29000 29000

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (Thousand MOP) -3797180.95 -6940000 -6940000 -6940000 -6940000 -6940000
Current Account (MOP Million) 23700.70 154000 154000 154000 154000 154000
Current Account to GDP (% of GDP) 15.20 32.5 32.5 32.5 32.5 32.5
Imports (Thousand MOP) 4390978.66 8210000 8210000 8210000 8210000 8210000
Exports (Thousand MOP) 593797.71 1270000 1270000 1270000 1270000 1270000
Tourist Arrivals 331397.00 2000000 2500000 2500000 2500000 3000000
Tourism Revenues (MOP Million) 4800.00 18000 18000 18000 18000 18000
Foreign Direct Investment (MOP Million) 70562.70 -9006 -8822 -8822 -8822 -8822

Government Actual Q3 Q4 Q1 Q2 2023
Government Budget Value (MOP Million) -2053.79 16500 16500 16500 16500 16500
Government Spending (MOP THO) 12212.00 13917 16763 10072 12823 17601

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 12.00 12 12 12 12 12
Personal Income Tax Rate (%) 12.00 12 12 12 12 12

Business Actual Q3 Q4 Q1 Q2 2023
Industrial Production (%) 4.30 12.6 12.6 12.6 12.6 12.6
Industrial Production Mom (%) 31.30 2.7 2.7 2.7 2.7 2.7
Manufacturing Production (%) 22.60 3.2 3.2 3.2 3.2 3.2
Changes in Inventories (MOP THO) -37.00 -10 -10 -10 -10 -10
Electricity Production (Gigawatt-hour) 82.90 97 97 97 97 97

Consumer Actual Q3 Q4 Q1 Q2 2023
Retail Sales YoY (%) -36.20 15 10 10 10 5
Consumer Spending (MOP THO) 23710.00 24708 27300 27007 24896 28665

Housing Actual Q3 Q4 Q1 Q2 2023
Housing Index (points) 266.70 266 280 280 280 280


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Macau Forecast - was last updated on Sunday, September 25, 2022.