Macau: Economy
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Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
High Income |
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Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Data unavailable |
| Economic Trivia | Macau is one of the largest gaming centers in the world. |
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Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2019): China, Hong Kong, and Italy |
| Top Industries Source: CIA World Factbook | Tourism; Gambling; Clothing; Textiles |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $37,536,618,210 (2020) |
| GDP Growth Rate (annual %) | -56.308% (2020) |
| GDP Per Capita, PPP (current international) | $57,807 (2020) |
GDP Country Rank 124/197 (2020)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 3.005% (2018) |
| External debt stocks, total (DOD, current US$) | Data unavailable |
| Total tax rate (% of commercial profits) | Data unavailable |
| Real Interest Rate (5 year average %) | 5.305% (2020) |
| Manufacturing, value added (% of GDP) | 0.56% (2019) |
| Current Account Balance (BoP, current US$) | $18,555,824,314 (2019) |
Labor and Employment [1]
| Labor Force, Total | 394,521 (2020) |
| Employment in Agriculture (% of total employment) | 0.367% (2020) |
| Employment in Industry (% of total employment) | 9.487% (2020) |
| Employment in Services (% of total employment) | 90.146% (2020) |
| Unemployment Rate | 2.5% (2020) |
Trade [1]
| Imports of goods and services (current US$) | $17,349,358,776 (2019) |
| Exports of goods and services (current US$) | $45,352,704,293 (2019) |
| Total Merchandise Trade (% of GDP) | 23.123% (2019) |
| FDI, net inflows (BoP, current US$) | $6,484,462,571 (2019) |
| Commercial Service Exports (current US$) | $43,496,374,743 (2019) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Macau’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.