Macau GDP Annual Growth Rate  2002-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Macau contracted 24.20 percent in the third quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Macau averaged 10.66 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 -26.40 percent in the second quarter of 2015. GDP Annual Growth Rate in Macau is reported by the Statistics and Census Service, Government of Macao SAR.

Macau GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-24.20 -26.40 51.80 -26.40 2002 - 2015 percent Quarterly
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 February of 2016.


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%

Macau GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -24.20 -26.40 51.80 -26.40 percent [+]
GDP 55.50 51.31 55.50 1.02 USD Billion [+]
GDP Constant Prices 75047.40 77484.90 107682.60 19837.50 MOP Million [+]
Gross Fixed Capital Formation 20358.80 21284.10 15956200.00 14311.10 MOP THO [+]
GDP per capita 52476.87 53509.44 53509.44 11152.27 USD [+]
GDP per capita PPP 133904.80 136539.60 136539.60 36983.88 USD [+]
Gross National Product 368262.60 345092.10 368262.60 90095.40 MOP Million [+]




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