Main Economic Indicators

 20192020
Population680,000683,000
Gross domestic product GDP (MOP billion)445.12194.40
Real GDP growth (%)-0.3-56.3
Visitor arrivals39,416,0005,897,000
Visitor arrivals growth (%)10.1%-85.0%
Inflation rate (%)2.750.81
Overall unemployment rate (%)1.72.5
Total value of imports and exports (MOP billion)102.92103.37
Stock of inward direct investment (MOP billion)346.63To be released
   

Source: Statistics and Census Service of the Macao SAR Government

 

Macao Population and Unemployment Rate

 20162017201820192020
Macau population (one thousand)645653667680683
Global Unemployment rate (%)1,92,01,81,72,5

 

Visitor Arrivals in Macao (Number and Growth)

 20162017201820192020
Number (10,000 people)30,95032,61135,80439,4065,897
Growth Rate (%)0,85,49,810,1

2.0

2,0

 

Gross Domestic Product (GDP) and Growth

 20162017201820192020
(MOP 100 million)360,46404,97358,04446,43194,40
Real GDP Growth (%)0,212,310,2-0,3-56,3

 

GDP Structure 2020 by Major Components

Changes in inventories0,6%
Gross fixed capital formation27%
Government final consumption expenditure26,4%
Private consumption expenditure48,1%
Net exports of goods and services (exports minus imports)-2,1%

Source: Statistics and Census Service of the Macao SAR Government

 

Industrial Structure 2019 (at Producers’ Prices)

Construction3,1%
Wholesale & retail5,6%
Hotels & similar activities4,6%
Banking5,5%
Real estate activities9,1%
Renting & business activities4,3%
Gaming & junket activities50,9%
Others16,9%

Source: Statistics and Census Service of the Macao SAR Government

 

Import and Export Value of Goods and Growth Rate

 20162017201820192020
Value (billion MOP)81,4087,13102,30102,92103,37
Growth Rate (%)-14,6%7,0%17,4%0,6%0,4%

 

Macao 2020 Importation and Exportation Profile
Macao
Major Places of Origin of ImportsMajor Destinations of Exports
European Union 30.8%Hong Kong, China 69.0%
Mainland China 29.8%Mainland China 14.9%
Others 11.4%Others 9.4%
Japan 10.4%United States 5.1%
United States 9.0%European Union 1.6%
Switzerland 5.5% 
Hong Kong, China 3.1% 
Source: Statistics and Census Service of the Macao SAR Government

 

 

Major Categories of Imports 2020

Mobile phones

4.5%

Watches

5.4%

Beauty, cosmetic & skincare products

20.4%

Handbags & wallets

5.1%

Fuels & lubricants

5.5%

Others

37.7%

Garments & footwear

8.6%

Food & beverages

12.7%

Source: Statistics and Census Service of the Macao SAR Government

 

Major Categories of Exports 2020

Electronic components

3.6%

Watches

10.4%

Machines, apparatus & parts

16.5%

Footwear

4.0%

Travel goods & handbags

5.2%

Others

31.0%

Jewellery

14.4%

Textiles & garments

15.0%

Note: Percentages may not total to 100% due to rounding of the calculations.
Source: Statistics and Census Service of the Macao SAR Government

 

Stock and Flow of Inward Direct Investment

 2016201720182019
Cumulative value (billion MOP)250,49270,07286,04346,03
Flow (billion MOP)15,6610,0720,1653,99

Source: Statistics and Census Service of the Macao SAR Government