Macao SAR, China
MACEast Asia & PacificHigh income▶About Macao SAR, China
Macao SAR, China's GDP is $54.94B (2026), with a population of 687,000, and GDP per capita of $77,443. Key indicators include real GDP growth of 2.8%, inflation at 1.2%, unemployment at 1.7%, government debt at 0.0% of GDP, life expectancy of 83.2 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Macao SAR, China, is a high-income region in East Asia & Pacific with a robust economy driven by services, particularly gaming and tourism. The projected GDP for 2026 is $54.935 billion, with a GDP per capita of $77,442.645, reflecting significant economic prosperity. The region is expected to see a GDP growth rate of 2.8% in 2026, with a low inflation rate of 1.2%. Trade is a crucial component of the economy, with trade/GDP ratio at 142.07943455076 in 2024. Unemployment is projected to be 2.347% in 2025, indicating a stable labor market. Societally, Macao SAR benefits from a high life expectancy of 83.18 years as of 2023. The population is relatively small, estimated at 687,000 in 2024. The region's social indicators reflect a well-developed society with access to quality healthcare and social services.
▶Economy27 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary20 indicators · 2023–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 1.8% | 2027 | ▲ 50.0% | IMF |
| Govt Gross Debt (% of GDP) | 0.0% | 2027 | — | IMF |
| Fiscal Balance (% of GDP) | 7.1% | 2027 | ▲ 26.8% | IMF |
| Current Account Balance (% of GDP) | 34.4% | 2027 | ▼ 1.4% | IMF |
| Unemployment Rate (%) | 1.7% | 2027 | ▲ 0.0% | IMF |
| Inflation, CPI (%, World Bank) | 0.5% | 2023 | ▼ 54.4% | WB |
| Real Interest Rate (%) | 5.8% | 2024 | ▲ 271.5% | WB |
| Lending Interest Rate (%) | 6.0% | 2024 | ▲ 0.1% | WB |
| Deposit Interest Rate (%) | 0.7% | 2024 | ▲ 4.0% | WB |
| Government Revenue (% of GDP) | 27.4% | 2023 | ▲ 33.2% | WB |
| Government Expenditure (% of GDP) | 19.6% | 2023 | ▼ 60.2% | WB |
| Tax Revenue (% of GDP) | 22.9% | 2023 | ▲ 36.9% | WB |
| Taxes on Goods & Services (% of revenue) | 71.7% | 2023 | ▲ 34.2% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 10.3% | 2023 | ▼ 57.1% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 5.6% | 2023 | ▼ 33.3% | WB |
| Total Reserves incl. Gold (USD) | $29.39B | 2024 | ▲ 5.8% | WB |
| Total Reserves (months of imports) | 9.5 | 2024 | ▲ 8.1% | WB |
| Official Exchange Rate (per USD) | 8.04 | 2024 | ▼ 0.3% | WB |
| PPP Conversion Factor | 4.56 | 2024 | ▼ 2.2% | WB |
| Broad Money (% of GDP) | 196.8% | 2024 | ▼ 0.2% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 142.1% | 2024 | ▼ 2.6% | WB |
| Exports of Goods & Services (% of GDP) | 92.2% | 2024 | ▼ 0.2% | WB |
| Imports of Goods & Services (% of GDP) | 49.9% | 2024 | ▼ 6.7% | WB |
| Exports of Goods & Services (USD) | $45.60B | 2024 | ▲ 8.2% | WB |
| Imports of Goods & Services (USD) | $24.68B | 2024 | ▲ 1.2% | WB |
| Merchandise Exports (USD) | $1.68B | 2024 | ▲ 1.5% | WB |
| Merchandise Imports (USD) | $16.01B | 2024 | ▼ 8.7% | WB |
| FDI Inflows (% of GDP) | 3.8% | 2024 | ▲ 52.5% | WB |
| FDI Outflows (% of GDP) | 2.5% | 2024 | ▲ 141.0% | WB |
| FDI Net Inflows (USD) | $1.89B | 2024 | ▲ 65.3% | WB |
| Personal Remittances Received (USD) | $135.6M | 2024 | ▲ 21.6% | WB |
| Personal Remittances Received (% of GDP) | 0.3% | 2024 | ▲ 12.2% | WB |
| High-Tech Exports (% of manufactured) | 0.0% | 2024 | — | WB |
| Current Account Balance (% of GDP) | 36.3% | 2024 | ▲ 15.7% | WB |
| Current Account Balance (USD) | $17.95B | 2024 | ▲ 25.4% | WB |
▶Finance3 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 129.6% | 2024 | ▼ 11.6% | WB |
| Bank Capital to Assets Ratio (%) | 3.8% | 2023 | ▲ 9.5% | WB |
| Bank Nonperforming Loans (%) | 3.5% | 2023 | ▲ 130.7% | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 687,000 | 2024 | ▲ 1.2% | WB |
| Population Growth (%) | 1.2% | 2024 | ▲ 442.8% | WB |
| Population Density (per km²) | 20,570 | 2023 | ▲ 0.2% | WB |
| Surface Area (sq km) | 33 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 33 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 100.0% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 687,000 | 2024 | ▲ 1.2% | WB |
| Rural Population (%) | 0.0% | 2024 | — | WB |
| Life Expectancy at Birth | 83.2 years | 2023 | ▲ 0.1% | WB |
| Life Expectancy, Male | 80.4 years | 2023 | ▲ 0.1% | WB |
| Life Expectancy, Female | 86.1 years | 2023 | ▲ 0.1% | WB |
| Fertility Rate (births per woman) | 0.6 | 2023 | ▼ 13.8% | WB |
| Birth Rate (per 1,000) | 5.5 | 2023 | ▼ 14.1% | WB |
| Death Rate (per 1,000) | 4.4 | 2023 | ▲ 0.0% | WB |
| Net Migration | -328 | 2025 | ▼ 120.2% | WB |
| Population Ages 0–14 (%) | 13.9% | 2024 | ▼ 1.3% | WB |
| Population Ages 15–64 (%) | 71.8% | 2024 | ▼ 0.8% | WB |
| Population Ages 65+ (%) | 14.3% | 2024 | ▲ 5.9% | WB |
| Age Dependency Ratio (%) | 39.2% | 2024 | ▲ 3.1% | WB |
| Old-Age Dependency Ratio (%) | 19.9% | 2024 | ▲ 6.7% | WB |
| Youth Dependency Ratio (%) | 19.4% | 2024 | ▼ 0.5% | WB |
| Mortality Rate, Adult Male (per 1,000) | 70.5 | 2023 | ▲ 37.5% | WB |
| Mortality Rate, Adult Female (per 1,000) | 36.2 | 2023 | ▲ 50.6% | WB |
▶Labor18 indicators · 2016–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 396,773 | 2025 | ▼ 1.7% | WB |
| Labor Force Participation (%) | 67.8% | 2025 | ▼ 0.6% | WB |
| Female Labor Force Participation (%) | 63.1% | 2025 | ▼ 0.7% | WB |
| Male Labor Force Participation (%) | 73.6% | 2025 | ▼ 0.6% | WB |
| Unemployment (%) | 2.3% | 2025 | ▲ 3.8% | WB |
| Female Unemployment (%) | 2.1% | 2025 | ▲ 3.3% | WB |
| Male Unemployment (%) | 2.7% | 2025 | ▲ 4.2% | WB |
| Youth Unemployment (%) | 6.8% | 2025 | ▲ 1.3% | WB |
| Employment in Agriculture (%) | 0.4% | 2025 | ▼ 1.9% | WB |
| Employment in Industry (%) | 11.0% | 2025 | ▼ 1.0% | WB |
| Employment in Services (%) | 88.6% | 2025 | ▲ 0.1% | WB |
| Vulnerable Employment (%) | 3.3% | 2025 | ▼ 8.3% | WB |
| Wage & Salaried Workers (% of total) | 93.2% | 2025 | ▲ 0.3% | WB |
| Employers (% of total employment) | 3.4% | 2025 | ▼ 0.1% | WB |
| Labor Force, Female (% of total) | 51.0% | 2025 | ▲ 0.0% | WB |
| Employment to Population Ratio (%) | 66.3% | 2025 | ▼ 0.7% | WB |
| Self-Employed (% of total) | 6.8% | 2025 | ▼ 4.3% | WB |
| NEET Youth (% not in education/employment) | 5.0% | 2016 | — | WB |
▶Education17 indicators · 2000–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 3.5% | 2023 | ▼ 42.2% | WB |
| Education Spending (% of govt expenditure) | 12.4% | 2023 | ▲ 0.8% | WB |
| Primary School Enrollment (%) | 89.8% | 2024 | ▲ 3.9% | WB |
| Secondary School Enrollment (%) | 94.7% | 2024 | ▲ 2.2% | WB |
| Tertiary School Enrollment (%) | 141.9% | 2024 | ▲ 9.8% | WB |
| Primary Completion Rate (%) | 94.1% | 2024 | ▲ 5.1% | WB |
| Lower Secondary Completion Rate (%) | 94.2% | 2024 | ▲ 1.3% | WB |
| Out-of-School Children, Primary | 4,608 | 2024 | ▼ 25.9% | WB |
| Out-of-School Girls, Primary | 2,169 | 2024 | ▼ 20.2% | WB |
| Primary School Teachers | 2,896 | 2024 | ▲ 2.1% | WB |
| Secondary School Teachers | 2,938 | 2024 | ▲ 3.2% | WB |
| Pupil-Teacher Ratio, Primary | 13 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 10 | 2018 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 24.8% | 2003 | — | WB |
| Pupil-Teacher Ratio (Primary) | 99.3 | 2023 | ▲ 0.9% | WB |
| Education Spending, Secondary (% of govt) | 25.0% | 2000 | — | WB |
| Education Spending, Tertiary (% of govt) | 37.1% | 2017 | — | WB |
▶Health2 indicators · 2024 · WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Tuberculosis Incidence (per 100,000) | 59 | 2024 | ▼ 13.2% | WHO |
| Tuberculosis Incidence (per 100K) | 59 | 2024 | ▼ 13.2% | WHO |
▶Energy & Environment6 indicators · 2022–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 2.5 | 2024 | ▲ 2.0% | WB |
| CO₂ Emissions (total kilotonnes) | 2 | 2024 | ▲ 3.2% | WB |
| Renewable Energy Consumption (%) | 11.0% | 2022 | ▼ 19.1% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
▶Agriculture5 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Food Production Index (2014–2016=100) | 81.3 | 2022 | ▲ 14.8% | WB |
| Crop Production Index (2014–2016=100) | 103.2 | 2022 | ▲ 0.6% | WB |
| Livestock Production Index (2014–2016=100) | 73.4 | 2022 | ▲ 23.7% | WB |
| Total Fisheries Production (metric tonnes) | 1,500 | 2023 | ▲ 0.0% | WB |
| Prevalence of Undernourishment (%) | 11.2% | 2023 | ▲ 7.7% | WB |
▶Technology12 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 89.2% | 2023 | ▲ 1.4% | WB |
| Mobile Subscriptions (per 100 people) | 192 | 2023 | ▲ 11.7% | WB |
| Fixed Broadband Subscriptions (per 100) | 29.7 | 2023 | ▲ 0.2% | WB |
| Secure Internet Servers (per million) | 6,586.6 | 2024 | ▲ 14.3% | WB |
| R&D Spending (% of GDP) | 0.26% | 2023 | ▼ 39.6% | WB |
| Patent Applications, Residents | 2 | 2021 | ▼ 33.3% | WB |
| Patent Applications, Non-Residents | 35 | 2021 | ▼ 44.4% | WB |
| High-Technology Exports (USD) | $0 | 2024 | — | WB |
| ICT Service Exports (% of service exports) | 0.1% | 2024 | ▲ 49.5% | WB |
| ICT Service Exports (USD) | $25.8M | 2024 | ▲ 65.1% | WB |
| Industrial Design Applications, Resident | 29 | 2021 | ▼ 14.7% | WB |
| Researchers in R&D (per million) | 3,827 | 2023 | ▲ 9.4% | WB |
▶Infrastructure2 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 2.1M | 2023 | ▲ 448.8% | WB |
| Air Transport, Freight (million ton-km) | 8.5 | 2023 | ▲ 1067425.0% | WB |
▶Gender6 indicators · 2018–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Female Wage & Salaried Workers (%) | 95.8% | 2025 | ▲ 0.3% | WB |
| Girls Out-of-School Rate (%) | 95.6% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 0.5 | 2023 | ▼ 1.7% | WB |
| Gender Parity Index, Primary | 94.56 | 2018 | — | WB |
| Gender Parity Index, Secondary | 1.00 | 2021 | ▼ 0.5% | WB |
| Gender Parity in Primary Education | 0.98 | 2021 | ▲ 0.4% | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.85 | 2023 | ▼ 2.2% | WB |
| Government Effectiveness | 1.09 | 2023 | ▼ 1.4% | WB |
| Political Stability | 1.07 | 2023 | ▼ 4.6% | WB |
| Regulatory Quality | 1.79 | 2023 | ▼ 1.7% | WB |
| Rule of Law | 0.78 | 2023 | ▼ 1.0% | WB |
| Voice & Accountability | -0.51 | 2023 | ▲ 4.1% | WB |
| Control of Corruption (percentile rank) | 79.2% | 2023 | ▼ 0.6% | WB |
| Government Effectiveness (percentile rank) | 82.1% | 2023 | ▲ 0.0% | WB |
| Rule of Law (percentile rank) | 76.9% | 2023 | ▲ 0.0% | WB |
| Political Stability (percentile rank) | 88.2% | 2023 | ▼ 2.2% | WB |
▶Military1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Intentional Homicides (per 100,000) | 0.6 | 2023 | ▲ 97.3% | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.80 | 2020 | — | WB |
| Human Capital Index, Female | 0.82 | 2020 | — | WB |
| Human Capital Index, Male | 0.77 | 2020 | — | WB |
| Learning-Adjusted Years of School | 11.6 years | 2020 | — | WB |
▶Tourism6 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 5.9M | 2020 | ▼ 85.0% | WB |
| International Tourism, Departures | 125,000 | 2020 | ▼ 92.9% | WB |
| Tourism Receipts (USD) | $9.44B | 2020 | ▼ 77.1% | WB |
| Tourism Expenditures (USD) | $886.0M | 2020 | ▼ 56.4% | WB |
| Tourism Receipts (% of total exports) | 60.6% | 2020 | ▼ 32.9% | WB |
| International Tourism, Transport Services (USD) | $82.0M | 2020 | ▼ 85.7% | WB |
▶Urban Development5 indicators · 2024–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.2% | 2024 | ▲ 442.8% | WB |
| Population in Largest City | 701,381 | 2025 | ▲ 1.4% | WB |
| Population in Largest City (% of urban) | 100.0% | 2025 | ▲ 0.0% | WB |
| Access to Safely Managed Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Safely Managed Sanitation (%) | 80.0% | 2024 | ▲ 2.6% | WHO |