Macau/Economy

Economy of Macau

An overview of key economic indicators. Select a category for detailed trends, charts, and insights.

Explore Economic Domains

Growth & Output

Coming Soon
GDP (USD)
$45.8B(2023)
GDP PPP (USD)
$79.1B(2023)
GDP per Capita (USD)
$67,477(2023)
GDP Growth (inflation-adjusted)
75.1%(2023)
Inflation (CPI Annual %)
0.5%(2023)

Trade & Finance

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Exports (as share of GDP)
91.4%(2023)
Imports (as share of GDP)
50.7%(2023)
FDI Inflows (as share of GDP)
3.6%(2023)
Remittance Inflow (USD)
$111.5M(2023)
Tax Revenue (as share of GDP)
22.8%(2023)

Labor & Income

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Unemployment Rate
2.4%(2024)
Employment in Services
85.1%(2023)
GNI per Capita (USD)
$45,960(2022)

Energy & Environment

Coming Soon
Renewable Energy Consumption (%)
11%(2022)

Economic Snapshot Overview

A summary of key economic indicators for Macau

  • The economic architecture of Macau is substantial, anchored by a Gross Domestic Product (GDP) of approximately $45.8B
    2023
    On a per capita basis, GDP stands at $67.48K
    2023
    , while its GDP in Purchasing Power Parity (PPP) terms is estimated at $79.07B, reflecting the population's domestic purchasing power. The economy is experiencing robust expansion, with a high growth rate of 75.1%
    2023
    , accompanied by stable price levels, with inflation (CPI) at 0.5%
    2023
    .
  • On the global stage, the nation's trade and financial dynamics reveal a complex interplay of factors. The country maintains a strong trade surplus, with exports representing 91.4% of GDP and imports 50.7%
    2023
    . Foreign Direct Investment (FDI) inflows are significant, constituting 3.59% of the economy
    2023
    Additionally, personal remittances received amount to a substantial $111.52M annually
    2023
    , highlighting the economic importance of its diaspora. Fiscal capacity is moderate, with tax revenue at 22.8% of GDP
    2023
    .
  • The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $45,960
    2022
    The labor market is robust, with a low unemployment rate of 2.4%
    2024
    . The services sector is a primary driver of the labor market, accounting for 85.1% of total employment
    2023
    .
  • On the environment and energy front, The energy mix is still heavily reliant on traditional sources, with renewables contributing 11.0%
    2022

Key Economic Insights

Macroeconomic Health

The economy is in a "Goldilocks" state of strong growth, low inflation, and low unemployment, indicating robust macroeconomic health.

Trade & Investment Profile

The degree of openness to trade and foreign investment is a major determinant of economic structure and resilience.

Social Equity & Distribution

Distributing the benefits of economic growth equitably is crucial for social cohesion and long-term stability.

Energy & Sustainability

Transitioning to a sustainable energy model is critical for mitigating climate risk and ensuring long-term energy security.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.