Real GDP Growth: Macao
Macao's real gdp growth is currently 2.8% as of 2026. # Macao Real GDP Growth Macao's real GDP growth reached 2.
Current (2026)
2.8%
+7.7% y/y
Peak (2023)
75.1%
Low (2020)
-54.3%
Source
IMF World Economic Outlook
2002–2026 · 29 pts
Real GDP Growth — Macao
2002 — 2026
Real GDP Growth — Macao
Analysis# Macao Real GDP Growth
Macao's real GDP growth reached 2.8% in 2026, a modest recovery from the severe contractions that dominated the early 2020s. The economy has declined 68.5% since 2002, reflecting its extreme volatility. The region experienced historic swings: a devastating 54.3% contraction in 2020, followed by a remarkable 75.1% peak in 2023—the highest growth rate in the dataset.
The 2020 collapse resulted from pandemic-related disruptions to tourism and gaming sectors, while the 2023 surge reflected post-lockdown reopening and pent-up demand. However, growth has since normalized sharply, declining to 8.8% in 2024 and 2.6% in 2025. Current projections of 2.8% for 2026 suggest Macao's economy is stabilizing at low single-digit growth rates, indicating a structural shift away from the high-growth trajectory that characterized the pre-pandemic period.
Historical Data
29 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.0% | -3.23% |
| 2029 | 3.1% | +0.00% |
| 2028 | 3.1% | -3.13% |
| 2027 | 3.2% | +14.29% |
| 2026 | 2.8% | +7.69% |
| 2025 | 2.6% | -70.45% |
| 2024 | 8.8% | -88.28% |
| 2023 | 75.1% | +483.16% |
| 2022 | -19.6% | -183.40% |
| 2021 | 23.5% | +143.28% |
| 2020 | -54.3% | -1988.46% |
| 2019 | -2.6% | -140.63% |
| 2018 | 6.4% | -35.35% |
| 2017 | 9.9% | +1514.29% |
| 2016 | -0.7% | +96.74% |
| 2015 | -21.5% | -975.00% |
| 2014 | -2.0% | -118.52% |
| 2013 | 10.8% | +17.39% |
| 2012 | 9.2% | -57.41% |
| 2011 | 21.6% | -13.94% |
Show all 29 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 25.1% | +1830.77% |
| 2009 | 1.3% | -61.76% |
| 2008 | 3.4% | -76.55% |
| 2007 | 14.5% | +8.21% |
| 2006 | 13.4% | +65.43% |
| 2005 | 8.1% | -69.55% |
| 2004 | 26.6% | +129.31% |
| 2003 | 11.6% | +30.34% |
| 2002 | 8.9% | — |
Related Data
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Demographics
People & population data
No demographic data available.