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Macro

Macao SAR

East Asia & Pacific · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 5.2%
Current prices2025
52USD bn
GDP per capita▲ 3.6%
Current prices2025
74,465USD
Real GDP growth▼ 3.2 pp
Annual change2025
4.7%
Inflation▼ 0.4 pp
Average consumer prices2025
0.3%
Unemployment▼ 0.1 pp
Rate2025
1.7%
Government debt▼ 0.7 pp
General government, gross2025
67.1% of GDP
Current account▼ 0.6 pp
Balance2025
35.7% of GDP
Population▲ 1.6%
Total2025
0.70million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-54.40.075.32002: 8.9%2003: 11.6%2004: 26.6%2005: 8.1%2006: 13.4%2007: 14.5%2008: 3.4%2009: 1.3%2010: 25.1%2011: 21.6%2012: 9.2%2013: 10.8%2014: -2.0%2015: -21.8%2016: -0.7%2017: 9.9%2018: 6.4%2019: -2.5%2020: -54.4%2021: 22.5%2022: -19.0%2023: 75.3%2024: 7.8%2025: 4.7%2026: 3.0% (IMF projection)2027: 3.1% (IMF projection)2028: 3.1% (IMF projection)2029: 3.0% (IMF projection)2030: 3.0% (IMF projection)2031: 3.0% (IMF projection)IMF projection200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-2.60.08.62002: -2.6%2003: -1.6%2004: 1.0%2005: 4.4%2006: 5.2%2007: 5.6%2008: 8.6%2009: 1.2%2010: 2.8%2011: 5.8%2012: 6.1%2013: 5.5%2014: 6.0%2015: 4.6%2016: 2.4%2017: 1.2%2018: 3.0%2019: 2.8%2020: 0.8%2021: 0.0%2022: 1.0%2023: 0.9%2024: 0.7%2025: 0.3%2026: 1.8% (IMF projection)2027: 1.9% (IMF projection)2028: 2.1% (IMF projection)2029: 2.1% (IMF projection)2030: 2.2% (IMF projection)2031: 2.2% (IMF projection)IMF projection200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %22.5-19.075.37.84.73.03.13.13.03.0
Inflation, average consumer prices %0.01.00.90.70.31.81.92.12.12.2
Unemployment rate %3.03.72.71.81.71.71.71.71.71.7
GDP, current prices USD bn31254649525457606366
GDP per capita, current prices USD44,83937,05366,73571,86974,46576,44679,27782,45985,90489,457
GDP per capita, PPP Int. USD73,30064,613115,590126,904134,485140,423146,421151,979158,309165,008
General government gross debt % of GDP69.471.468.767.767.165.864.963.962.861.9
General government net lending/borrowing % of GDP-13.0-37.12.17.04.54.24.95.35.65.6
Current account balance % of GDP8.513.631.436.335.735.034.233.933.633.1
Population million0.680.670.680.690.700.710.720.720.730.73

Government debt, % of GDP

General government gross debt
0.072.22000: 65%2001: 60%2002: 59%2003: 57%2004: 54%2005: 55%2006: 51%2007: 47%2008: 42%2009: 43%2010: 45%2011: 49%2012: 52%2013: 57%2014: 59%2015: 58%2016: 60%2017: 60%2018: 60%2019: 60%2020: 72%2021: 69%2022: 71%2023: 69%2024: 68%2025: 67%2026: 66% (IMF projection)2027: 65% (IMF projection)2028: 64% (IMF projection)2029: 63% (IMF projection)2030: 62% (IMF projection)2031: 61% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
0.040.42002: 31.5%2003: 30.6%2004: 33.0%2005: 23.7%2006: 14.9%2007: 21.7%2008: 15.6%2009: 27.5%2010: 38.9%2011: 40.4%2012: 38.8%2013: 39.3%2014: 32.7%2015: 23.4%2016: 26.6%2017: 30.8%2018: 32.9%2019: 33.5%2020: 13.8%2021: 8.5%2022: 13.6%2023: 31.4%2024: 36.3%2025: 35.7%2026: 35.0% (IMF projection)2027: 34.2% (IMF projection)2028: 33.9% (IMF projection)2029: 33.6% (IMF projection)2030: 33.1% (IMF projection)2031: 32.5% (IMF projection)IMF projection200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
1995–12.96.683.7
2005–11.03.182.4
2015–7.70.691.8
2024–4.70.692.0

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method69,920USD2024+2.0%
GNI, Atlas method48USD bn2024+12.7%
Exports of goods and services92.3% of GDP2025+13.6 pp
Imports of goods and services46.9% of GDP2025+6.3 pp
Life expectancy at birth83.3years2024+0.4%
Urban population100.0% of total20250.0 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)