Current Account Balance: Macao
Macao's current account balance is currently 34.9 % of GDP as of 2026. # Macao Current Account Balance Macao's current account balance stands at 34.
Current (2026)
34.9 % of GDP
-1.7% y/y
Peak (2011)
40.4 % of GDP
Low (2021)
8.7 % of GDP
Source
IMF World Economic Outlook
2002–2026 · 29 pts
Current Account Balance — Macao
2002 — 2026
Current Account Balance — Macao
Analysis# Macao Current Account Balance
Macao's current account balance stands at 34.9% of GDP in 2026, reflecting a robust external position. This figure sits substantially below the all-time peak of 40.4% in 2011 but well above the dramatic low of 8.7% recorded in 2021. Since 2002, the metric has increased 10.8 percentage points overall, demonstrating Macao's persistent strength as an external creditor despite considerable volatility.
The most striking development occurred between 2019 and 2021, when the current account plummeted from 33.5% to 8.7%—a sharp 24.8-point collapse linked to pandemic-related disruptions. Recovery has been rapid and sustained since 2022, climbing from 13.9% to 35.8% by 2024. The 2026 projection of 34.9% suggests stabilization near recent highs, indicating Macao's return to its historical pattern of substantial current account surpluses.
Historical Data
29 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 33.2 % of GDP | -1.48% |
| 2029 | 33.7 % of GDP | -0.88% |
| 2028 | 34 % of GDP | -1.16% |
| 2027 | 34.4 % of GDP | -1.43% |
| 2026 | 34.9 % of GDP | -1.69% |
| 2025 | 35.5 % of GDP | -0.84% |
| 2024 | 35.8 % of GDP | +14.01% |
| 2023 | 31.4 % of GDP | +125.90% |
| 2022 | 13.9 % of GDP | +59.77% |
| 2021 | 8.7 % of GDP | -41.22% |
| 2020 | 14.8 % of GDP | -55.82% |
| 2019 | 33.5 % of GDP | +1.82% |
| 2018 | 32.9 % of GDP | +6.82% |
| 2017 | 30.8 % of GDP | +16.23% |
| 2016 | 26.5 % of GDP | +13.73% |
| 2015 | 23.3 % of GDP | -28.75% |
| 2014 | 32.7 % of GDP | -16.79% |
| 2013 | 39.3 % of GDP | +1.29% |
| 2012 | 38.8 % of GDP | -3.96% |
| 2011 | 40.4 % of GDP | +3.86% |
Show all 29 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 38.9 % of GDP | +41.45% |
| 2009 | 27.5 % of GDP | +76.28% |
| 2008 | 15.6 % of GDP | -28.11% |
| 2007 | 21.7 % of GDP | +45.64% |
| 2006 | 14.9 % of GDP | -37.13% |
| 2005 | 23.7 % of GDP | -28.18% |
| 2004 | 33 % of GDP | +7.84% |
| 2003 | 30.6 % of GDP | -2.86% |
| 2002 | 31.5 % of GDP | — |
Related Data
Other Metrics
For Macao
Compare Current Account Balance
Same metric, other countries
Demographics
People & population data
No demographic data available.