Macau’s economy grew by 0.3% year-on-year in the second quarter of 2026, easing sharply from a 7.1% expansion in the previous period and confirming preliminary estimates. This marked the weakest growth since Q1 2025, as trade weighed on the economy, with imports of goods and services rising 10.9%, outpacing the 4.1% increase in exports. Overall exports of services slowed to 1.6% from 12.8%, weighed down by a decline in gaming services exports (-1.6% vs. 13.0%), while growth in other tourism services moderated to 3.7% from 17.5%. At the same time, domestic demand growth was weighed down by a slowdown in private consumption (2.7% vs. 3.4%) and changes in inventories (22.7% vs. 23.5%). Meanwhile, gross fixed capital formation rebounded to 4.0% from -21.0%, as investment activity strengthened in the private sector (8.1% vs. -24.3%) and the public sector (-2.9% vs. -14.8%). source: Statistics and Census Service, Government of Macao SAR

The Gross Domestic Product (GDP) in Macau expanded 0.30 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Macau averaged 8.17 percent from 2002 until 2026, reaching an all time high of 115.40 percent in the third quarter of 2023 and a record low of -66.40 percent in the second quarter of 2020. This page provides - Macao GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Macau expanded 0.30 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Macau is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau GDP Annual Growth Rate is projected to trend around 4.20 percent in 2027 and 4.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-31 08:50 AM
YoY Prel
Q2 0.3% 7.1% 4.5%
2026-08-21 08:30 AM
YoY Final
Q2 0.3% 7.1% 0.3%
2026-10-30 09:30 AM
YoY Prel
Q3


Related Last Previous Unit Reference
Full Year GDP Growth 4.70 8.80 percent Dec 2025
GDP Growth Rate YoY 0.30 7.10 percent Jun 2026
GDP Constant Prices 100528.00 106056.00 MOP Million Jun 2026
Gross Fixed Capital Formation 12023.00 10431.00 MOP Thousand Jun 2026
Gross National Product 390379.10 356974.70 MOP Million Dec 2024


Macau GDP Annual Growth Rate
Macau, a former Portuguese colony, has become a special administrative region of China since 1999. After opening of its borders to Chinese citizens and liberalization of the gaming industry in 2001, it has become the world’s largest casino market. As a result, gaming accounts for 50 percent of GDP, 84 percent of fiscal revenues and around 21 percent of the workforce. Given Macau’s semi-autonomous status inside China, large gaming industry and relaxed tax laws, it has become a base for wealthy investors especially from Mainland China. Attempts to diversify the economy while limiting casino growth have been fairly unsuccessful.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 7.10 115.40 -66.40 2002 - 2026 percent Quarterly

News Stream
Macau GDP Growth Hits Weakest Since Q1 2025
Macau’s economy grew by 0.3% year-on-year in the second quarter of 2026, easing sharply from a 7.1% expansion in the previous period and confirming preliminary estimates. This marked the weakest growth since Q1 2025, as trade weighed on the economy, with imports of goods and services rising 10.9%, outpacing the 4.1% increase in exports. Overall exports of services slowed to 1.6% from 12.8%, weighed down by a decline in gaming services exports (-1.6% vs. 13.0%), while growth in other tourism services moderated to 3.7% from 17.5%. At the same time, domestic demand growth was weighed down by a slowdown in private consumption (2.7% vs. 3.4%) and changes in inventories (22.7% vs. 23.5%). Meanwhile, gross fixed capital formation rebounded to 4.0% from -21.0%, as investment activity strengthened in the private sector (8.1% vs. -24.3%) and the public sector (-2.9% vs. -14.8%).
2026-08-21
Macau Q2 GDP Growth Slows Sharply
Macau’s economy grew by 0.3% year-on-year in the second quarter of 2026, easing sharply from a 7.1% expansion in the previous quarter, according to preliminary estimates. Despite the slowdown, it marked the fifth consecutive quarter of economic growth, driven largely by a 7.2% increase in services exports amid a 13.9% year-on-year surge in visitor arrivals. On the domestic front, private consumption expenditure continued to grow steadily, rising 2.8% from a year earlier. Meanwhile, government spending fell 4.8%, while gross fixed capital formation declined sharply by 21.9%.
2026-07-31
Macau GDP Growth Confirmed at 7.1%
Macau's economy expanded 7.1% year-on-year in the first quarter of 2026, easing from 7.6% growth in the last quarter of 2025 and confirming preliminary estimates. The expansion marked the fourth consecutive quarter of economic growth, supported primarily by strong external demand and a 13.7% increase in tourist arrivals, benefiting from the Lunar New Year holiday and a series of festive activities. Overall export services increased 12.8%, supported by gaming services exports (13%) and other tourism services (17.5%). Meanwhile, domestic demand growth was supported by strong growth in private consumption (3.4%), imports (4%) and changes in inventory (23.5%). However, gross fixed capital formation contracted sharply by 21.0%, reflecting weaker investment activity across both the private sector (-33.8%) and the public sector (-11.4%).
2026-05-15