Macau: Economy
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 |
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. |
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) | $48,590,726,567 (2021) |
GDP Growth Rate (annual %) | 17.991% (2021) |
GDP Per Capita, PPP (current international) | $73,802 (2021) |
GDP Country Rank 115/197 (2021)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 0.811% (2020) |
External debt stocks, total (DOD, current US$) | Data unavailable |
Total tax rate (% of commercial profits) | Data unavailable |
Real Interest Rate (5 year average %) | 6.043% (2021) |
Manufacturing, value added (% of GDP) | 0.855% (2020) |
Current Account Balance (BoP, current US$) | $3,878,556,874 (2020) |
Labor and Employment [1]
Labor Force, Total | 387,852 (2021) |
Employment in Agriculture (% of total employment) | 0.367% (2020) |
Employment in Industry (% of total employment) | 9.487% (2020) |
Employment in Services (% of total employment) | 90.146% (2020) |
Unemployment Rate | 3.014% (2021) |
Trade [1]
Imports of goods and services (current US$) | $22,691,524,577 (2021) |
Exports of goods and services (current US$) | $26,406,095,809 (2021) |
Total Merchandise Trade (% of GDP) | 69.684% (2021) |
FDI, net inflows (BoP, current US$) | ($7,103,969,648) (2020) |
Commercial Service Exports (current US$) | $11,556,672,186 (2020) |
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.