Macao GDP Annual Growth Rate 2002-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Macao contracted 24.50 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Macao averaged 12.01 percent from 2002 until 2015, reaching an all time high of 51.80 percent in the second quarter of 2004 and a record low of -24.50 percent in the first quarter of 2015. GDP Annual Growth Rate in Macao is reported by the Statistics and Census Service, Government of Macao SAR.

      Forecast
Macao GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-24.50 -17.20 51.80 -24.50 2002 - 2015 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, July 28, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-05-30 09:00 AM Q1 2013 10.8% 8.50% 7.%
2013-08-30 09:00 AM Q2 2013 10.20% 10.80% 14.05%
2013-11-29 08:00 AM Q3 2013 10.5% 10.20% 10.92%

Macao GDP Last Previous Highest Lowest Unit
GDP 55.50 51.31 55.50 1.02 USD Billion [+]
GDP Annual Growth Rate -24.50 -17.20 51.80 -24.50 percent [+]
GDP Constant Prices 87675.50 91739.00 107682.60 19837.50 MOP Million [+]
GDP per capita 52476.87 53509.44 54091.53 11152.27 USD [+]
Gross Fixed Capital Formation 20301.00 26258.00 15956200.00 14311.10 MOP THO [+]
GDP per capita PPP 133904.80 136539.60 138024.91 36983.88 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 2.70 Mar/15 2.00 5.80 -4.40 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.90 Mar/15 3.40 9.80 -5.80 percent [+]
United States 2.90 Mar/15 2.40 13.40 -4.10 percent [+]