Macau (Macao) Economic Statistics and Indicators

28, Oct 2020, EDT. Welcome to the Macau economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Macau (Macao) › Change country
National or Regional Currency: Pataca, MOP
Year of data: 2015 › Change year
Number of Indicators Listed: 29
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 587,914 ; note: Macau's statistical agency estimated the total population to be approximately 607,500 as of 31 December 2013 (July 2014 est.)
Area: total: 28.2 sq km ; land: 28.2 sq km ; water: 0 sq km
Natural Resources: NEGL

Since opening up its locally-controlled casino industry to foreign competition in 2001, Macau has attracted tens of billions of dollars in foreign investment, transforming the territory into one of the world's largest gaming centers. Macau's gaming and tourism businesses were fueled by China''s decision to relax travel restrictions on Chinese citizens wishing to visit Macau. - In 2013, Macau's gaming-related taxes accounted for more than 85% of total government revenue. Macau''s economy slowed dramatically in 2009 as a result of the global economic slowdown, but strong growth resumed in 2010-13, largely on the back of tourism from mainland China and the gaming sectors. In 2013, this city of 607,500 hosted nearly 29.3 million visitors. Almost 64% came from mainland China. Macau''s traditional manufacturing industry has slowed greatly since the termination of the Multi-Fiber Agreement in 2005. China is Macau''s second largest goods export market, behind Hong Kong, and followed by the United States. In 2013, exports were US$1.1 billion, while gaming receipts were US$45.2 billion, an 18.6% increase over 2012. Macau''s economy expanded by 11.9% in 2013; although impressive, it was a slower growth rate than in previous years. Macau continues to face the challenges of managing its growing casino industry, money-laundering, and the need to diversify the economy away from heavy dependence on gaming revenues. Macau''s currency, the pataca, is closely tied to the Hong Kong dollar, which is also freely accepted in the territory.
More on the Macau Economy
More on the Macau Export, Import and Trade

GDP (Constant Prices, National Currency) for Macau in year 2015 is MOP 325.24 Billion.

GDP Growth (Constant Prices, National Currency) for Macau in year 2015 is -20.349 %.

GDP (Current Prices, National Currency) for Macau in year 2015 is MOP 368.728 Billion.

GDP (Current Prices, US Dollars) for Macau in year 2015 is US$ 46.178 Billion.

GDP Deflator for Macau in year 2015 is 113.371 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Macau in year 2015 is MOP 488,160.80 .

GDP Per Capita (Current Prices, National Currency) for Macau in year 2015 is MOP 553,433.02 .

GDP Per Capita (Current Prices, US Dollars) for Macau in year 2015 is US$ 69,309.42 .

GDP (PPP), US Dollars for Macau in year 2015 is US$ 65.383 Billion.

GDP Per Capita (PPP), US Dollars for Macau in year 2015 is US$ 98,135.02 .

GDP Share of World Total (PPP) for Macau in year 2015 is 0.058 %.

Implied PPP Conversion Rate for Macau in year 2015 is 5.64 .

Investment (% of GDP) for Macau in year 2015 is 24.166 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Macau in year 2015 is 136.624 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Macau in year 2015 is 4.564 %.

Inflation, End of Year (Indexed to Year 2000) for Macau in year 2015 is 137.032 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Macau in year 2015 is 3.731 %.

Unemployment Rate (% of Labour Force) for Macau in year 2015 is 1.8 %.

Employment for Macau in year 2015 is 0.417 Million .

Population for Macau in year 2015 is 0.666 Million .

General government revenue (National Currency) for Macau in year 2015 is MOP 116.352 Billions.

General government revenue (% of GDP) for Macau in year 2015 is 31.555 %.

General government total expenditure (National Currency) for Macau in year 2015 is MOP 69.474 Billions.

General government total expenditure (% of GDP) for Macau in year 2015 is 18.842 %.

Total Government Net Lending/ Borrowing (National Currency) for Macau in year 2015 is MOP 46.877 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Macau in year 2015 is 12.713 %.

Fiscal Year Gross Domestic Product, Current Prices for Macau in year 2015 is MOP 368.728 Billions.

Current Account Balance (US Dollars) for Macau in year 2015 is US$ 12.108 Billion.

Current Account Balance (% GDP) for Macau in year 2015 is 26.221 %.