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

Macau GDP shrank 7.1 percent year-on-year in the three months to June of 2016, following a 13.3 percent slump in the previous period. It is the eighth consecutive quarter of contraction as private spending declined 2.2 percent and investment dropped 15.2 percent. Total exports fell 10.3 percent, with goods down 24.7 percent, exports of gaming services down 12 percent and other tourism services down 7.4 percent. Gambling and related activities account for about two-thirds of the economy. Imports decreased 13 percent. In contrast, government spending rose 4.5 percent. GDP Annual Growth Rate in Macau averaged 9.19 percent from 2002 until 2016, reaching an all time high of 54.10 percent in the second quarter of 2004 and a record low of -23.70 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
-7.10 -13.30 54.10 -23.70 2002 - 2016 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-11-29 08:00 AM Q3 2013 10.5% 10.20% 10.92%
2016-05-30 09:15 AM Q1 -13.3% -14.4% -11.5%
2016-08-30 09:00 AM Q2 -7.1% -13.3% -10.8%
2016-12-05 09:00 AM Q3 -7.1% -6.5%
2017-03-06 09:00 AM Q4 -5.8%

Macau GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -7.10 -13.30 54.10 -23.70 percent [+]
GDP 46.20 55.50 55.50 1.02 USD Billion [+]
GDP Constant Prices 80484.00 79946.00 124676.00 24307.00 MOP Million [+]
Gross Fixed Capital Formation 18210.00 14212.00 26700.00 1108.00 MOP THO [+]
GDP per capita 55860.18 71307.08 73168.00 14116.27 USD [+]
GDP per capita PPP 104718.26 133675.79 137164.37 34392.27 USD [+]
Gross National Product 368262.60 345092.10 368262.60 90095.40 MOP Million [+]




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Palestine 8.00 Mar/16
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Uzbekistan 7.80 Jun/16
Congo 7.70 Dec/15
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Monaco 7.20 Dec/14
Bangladesh 7.05 Dec/16
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New Zealand 2.80 Mar/16
Croatia 2.70 Mar/16
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Cameroon 2.60 Dec/15
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Hungary 2.60 Jun/16
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Singapore 2.10 Jun/16
Cayman Islands 2.00 Dec/15
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Qatar 1.10 Mar/16
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Jamaica 0.80 Mar/16
Moldova 0.80 Mar/16
Portugal 0.80 Jun/16
Nepal 0.77 Dec/15
Italy 0.70 Jun/16
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Taiwan 0.70 Jun/16
Estonia 0.60 Jun/16
Iran 0.60 Mar/15
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