Macao GDP Annual Growth Rate 2002-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Macao expanded 8.10 percent in the second quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Macao averaged 13.60 Percent from 2002 until 2014, reaching an all time high of 51.80 Percent in the second quarter of 2004 and a record low of -9.90 Percent in the second quarter of 2009. GDP Annual Growth Rate in Macao is reported by the Statistics and Census Service, Government of Macao SAR.

   
 
 
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Macao GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
8.10 12.40 51.80 -9.90 2002 - 2014 Percent Quarterly
Macao, 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 Macao’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. Content for - Macao GDP Annual Growth Rate - was last refreshed on Tuesday, September 2, 2014.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-15 10:00 AM Macao
GDP Growth Rate YoY
Q4 2012 8.50% 6.20% (R)
2013-05-30 09:00 AM Macao
GDP Growth Rate YoY
Q1 2013 10.8% 8.50% 7.%
2013-08-30 09:00 AM Macao
GDP Growth Rate YoY
Q2 2013 10.20% 10.80% 14.05%
2013-11-29 08:00 AM Macao
GDP Growth Rate YoY
Q3 2013 10.5% 10.20% 10.92%


GDP Last Previous Highest Lowest Unit
GDP 51.75 42.98 51.75 1.02 USD Billion [+]
GDP Annual Growth Rate 8.10 12.40 51.80 -9.90 Percent [+]
GDP Constant Prices 101927.70 107682.60 89271500.00 101927.70 MOP THO [+]
GDP per capita 54091.53 49177.10 54091.53 11152.27 USD [+]
Gross Fixed Capital Formation 14311.10 18789.90 15956200.00 14311.10 MOP THO [+]
GDP per capita PPP 75641.55 70120.38 75641.55 16954.40 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 3.50 Mar/14 2.70 9.00 -3.40 Percent [+]
Brazil -0.90 Jun/14 1.90 10.10 -3.15 Percent [+]
Canada 2.45 Jun/14 2.14 8.80 -3.70 Percent [+]
China 7.50 Jun/14 7.40 14.20 3.80 Percent [+]
Euro Area 0.70 Jun/14 0.90 5.00 -5.50 Percent [+]
France 0.30 Jun/14 0.70 4.90 -4.30 Percent [+]
Germany 0.80 Jun/14 2.50 5.20 -6.80 Percent [+]
India 5.70 Jun/14 4.60 11.40 -5.20 Percent [+]
Indonesia 5.12 Jun/14 5.22 7.16 1.56 Percent [+]
Italy -0.20 Jun/14 -0.40 10.30 -6.90 Percent [+]
Japan -0.10 Jun/14 3.00 9.40 -9.40 Percent [+]
Mexico 1.60 Jun/14 1.90 8.50 -8.10 Percent [+]
Netherlands 0.90 Jun/14 0.00 5.80 -4.40 Percent [+]
Russia 0.80 Jun/14 0.90 12.10 -11.20 Percent [+]
South Korea 3.60 Jun/14 3.90 18.20 -7.30 Percent [+]
Spain 1.20 Jun/14 0.50 5.80 -4.40 Percent [+]
Switzerland 0.60 Jun/14 2.10 7.30 -3.70 Percent [+]
Turkey 4.30 Mar/14 4.40 12.60 -14.70 Percent [+]
United Kingdom 3.20 Jun/14 3.00 10.20 -6.80 Percent [+]
United States 2.50 Jun/14 1.90 13.40 -4.10 Percent [+]





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