Macau GDP Annual Growth Rate  2002-2018 | Data | Chart | Calendar

The economy of Macau advanced 9.2 percent year-on-year in the first three months of 2018, after an 8 percent expansion in the previous period. External demand rose further, with exports of services increasing 16 percent (from 15.7 percent in Q4) boosted by exports of gaming services (16.5 percent from 16.3 percent) and other tourism services (19.6 percent from 15.4 percent). In addition, private consumption expenditure surged 4.8 percent compared to a 2.7 percent growth in the previous quarter and investment fell less (-1.9 percent from -14.2 percent). On the other hand, government final consumption expenditure slowed (2.2 percent from 5.1 percent). GDP Annual Growth Rate in Macau averaged 9.08 percent from 2002 until 2018, reaching an all time high of 54.10 percent in the second quarter of 2004 and a record low of -24.60 percent in the second quarter of 2015.

Macau GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-23 04:15 AM GDP Growth Rate YoY 6.1% 10.8% 5.1%
2018-02-28 10:50 AM GDP Growth Rate YoY 8% 6.3% 6.3%
2018-05-29 08:25 AM GDP Growth Rate YoY 9.2% 8% 8%
2018-08-24 11:00 AM GDP Growth Rate YoY 9.2% 8%
2018-11-23 04:15 AM GDP Growth Rate YoY 6.9%


Macau GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 9.20 8.00 54.10 -24.60 percent [+]
GDP 50.36 44.80 55.35 1.02 USD Billion [+]
GDP Constant Prices 103062.00 106870.00 130322.00 25430.00 MOP Million [+]
Gross Fixed Capital Formation 17616.00 21236.00 26674.00 1108.00 MOP THO [+]
GDP per capita 55936.80 52144.00 72183.50 16449.00 USD [+]
GDP per capita PPP 104861.90 97751.70 135318.80 40365.30 USD [+]
Gross National Product 329498.00 332959.00 385433.00 182221.00 MOP Million [+]


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. This page provides - Macao GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.20 8.00 54.10 -24.60 2002 - 2018 percent Quarterly




GDP annual growth rate by Country
Country Last
India 7.70 Mar/18
Turkey 7.40 Mar/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Australia 3.10 Mar/18
Netherlands 2.90 Jun/18
South Korea 2.90 Jun/18
United States 2.80 Jun/18
Mexico 2.70 Jun/18
Spain 2.70 Jun/18
Canada 2.30 Mar/18
Euro Area 2.20 Jun/18
Switzerland 2.20 Mar/18
Germany 2.00 Jun/18
Russia 1.80 Jun/18
France 1.70 Jun/18
United Kingdom 1.30 Jun/18
Brazil 1.20 Mar/18
Italy 1.10 Jun/18
Japan 1.00 Jun/18


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