Macao GDP Growth Rate (2026)
Macao has a small, highly specialized economy centered on tourism, gaming, hospitality, retail, and services. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.0%
Annual real GDP growth
World Rank
#107
Out of 218 economies
Change vs 2025
-1.7 pp
2025: +4.7%
Asia Rank
#33
Out of 51 economies
1. Macao GDP Growth Rate in 2026
Macao’s economic growth is strongly influenced by visitor arrivals, gaming activity, tourism spending, and demand from mainland China. Travel conditions and consumer confidence are especially important.
2. Macao GDP Growth Rate Trends (2002–2026)
Macao’s growth history has been shaped by the expansion of gaming and tourism, followed by sharp disruptions when travel demand weakened. Its narrow economic base creates large swings in output.
3. Macao GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.0% | -1.7 pp |
| 2025 | +4.7% | -3.1 pp |
| 2024 | +7.8% | -67.5 pp |
| 2023 | +75.3% | +94.3 pp |
| 2022 | -19.0% | -41.5 pp |
| 2021 | +22.5% | +76.9 pp |
| 2020 | -54.4% | -51.9 pp |
| 2019 | -2.5% | -8.9 pp |
| 2018 | +6.4% | -3.5 pp |
| 2017 | +9.9% | +10.6 pp |
| 2016 | -0.7% | +21.1 pp |
| 2015 | -21.8% | -19.8 pp |
| 2014 | -2.0% | -12.8 pp |
| 2013 | +10.8% | +1.6 pp |
| 2012 | +9.2% | -12.4 pp |
| 2011 | +21.6% | -3.5 pp |
| 2010 | +25.1% | +23.8 pp |
| 2009 | +1.3% | -2.1 pp |
| 2008 | +3.4% | -11.1 pp |
| 2007 | +14.5% | +1.1 pp |
| 2006 | +13.4% | +5.3 pp |
| 2005 | +8.1% | -18.5 pp |
| 2004 | +26.6% | +15.0 pp |
| 2003 | +11.6% | +2.7 pp |
| 2002 | +8.9% | — |
4. Macao GDP Growth Performance
Current Growth Rate
+3.0%
(2026 to 2026)
5-Year Average
+14.4%
(2022 to 2026)
10-Year Average
+5.4%
(2017 to 2026)
20-Year Average
+5.8%
(2007 to 2026)
The economy benefits from strong tourism demand and high spending per visitor, but limited diversification leaves it exposed to changes in travel patterns and regulation.
5. Macao GDP Growth Rate vs Asia and World
Macao
+3.0%
Asia Average
+2.4%
World Average
+2.9%
0.0%
1.5%
3.0%
Annual real GDP growth (%)
Macao’s GDP growth rate is approximately
0.6 pp
above the
Asia average
and
0.1 pp
above the world average.
6. Macao GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #29 | North Korea | +3.1% |
| #30 | Maldives | +3.0% |
| #31 | Afghanistan | +3.0% |
| #32 | Myanmar | +3.0% |
| #33 | Macao | +3.0% |
| #34 | Nepal | +3.0% |
| #35 | Cyprus | +3.0% |
| #36 | Jordan | +2.8% |
| #37 | Brunei | +2.6% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Macao
Macao GDP (Nominal)
$54.2 Billion
(2026)
Macao GDP Growth Rate
+3.0%
(2026)
Macao’s growth can be much more volatile than regional averages because tourism and gaming dominate economic activity. Mainland Chinese demand has an outsized influence.
Explore more:
Macao GDP
9. Macao GDP Growth Rate Forecast
The outlook depends on tourism, gaming, diversification, and mainland Chinese demand. Regulatory changes and weaker travel spending remain key risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +3.1% | +0.1 pp |
| 2028 | +3.1% | 0.0 pp |
| 2029 | +3.0% | -0.1 pp |
| 2030 | +3.0% | 0.0 pp |
10. Macao GDP Growth Rate: Key Findings
Macao GDP growth rate is estimated at +3.0% in 2026.
It ranks #107 globally and #33 in Asia by annual GDP growth rate.
The growth rate slowed by 1.7 percentage points compared with 2025.
The 5-year average GDP growth rate is +14.4%.
The 10-year average GDP growth rate is +5.4%.
The current rate is 0.6 percentage points above the Asia average.
The current rate is 0.1 percentage points above the world average.
The forecast GDP growth rate is +3.0% in 2030, 0.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Macao GDP Growth Rate FAQs
Macao GDP growth rate is estimated at +3.0% in 2026.
Macao ranks #107 globally and #33 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.0% in 2026.
Macao GDP growth rate was -21.8% in 2015.
Macao GDP growth rate is 0.6 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.