Macau Current Account to GDP

Macau recorded a Current Account surplus of 27.50 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Macau averaged 31.93 percent from 2002 until 2016, reaching an all time high of 43.20 percent in 2011 and a record low of 17.10 percent in 2006.

Current Account to GDP in Macau is expected to be 32.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Current Account to GDP is projected to trend around 38.00 percent in 2020, according to our econometric models.

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Macau Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-6156220.00	-5673760.00	634540.00	-8008621.97	Thousand MOP	[+]
Current Account	157998.90	134526.90	178664.00	18673.00	MOP Million	[+]
Current Account to GDP	27.50	25.40	43.20	17.10	percent	[+]
Imports	7198060.00	6579360.00	8993061.49	781040.00	Thousand MOP	[+]
Exports	1041850.00	905610.00	15278100.00	357945.69	Thousand MOP	[+]
Tourist Arrivals	3530233.00	3095853.00	3569825.00	532588.00		[+]
Terms Of Trade	99.70	99.80	110.20	89.90	Index Points	[+]
Tourism Revenues	18352.00	16500.00	18352.00	11540.00	MOP Million	[+]
Foreign Direct Investment	18676.80	-10518.10	18676.80	-40625.60	MOP Million	[+]
Capital Flows	139586.80	112744.80	149652.10	-19805.60	MOP Millions	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Macao Current Account To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	27.50	25.40	43.20	17.10	2002 - 2016	percent	Yearly

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Country	Last		Previous	Range
Singapore	17.70	Dec/18	16	26.1 : -13.1	%
Netherlands	10.80	Dec/18	10.5	10.8 : -1	%
Switzerland	10.20	Dec/18	6.7	14.8 : -0.6	%
Saudi Arabia	9.20	Dec/18	1.5	28.5 : -21	%
Germany	7.30	Dec/18	8	8.5 : -1.8	%
Russia	7.00	Dec/18	2.1	18 : -1.4	%
South Korea	4.70	Dec/18	4.9	10.7 : -10.5	%
Japan	3.50	Dec/18	4	4.7 : -1	%
Euro Area	2.90	Dec/18	3.2	3.2 : -1.5	%
Italy	2.50	Dec/18	2.8	2.9 : -3.7	%
Spain	0.90	Dec/18	1.8	2.3 : -9.6	%
China	0.40	Dec/18	1.3	10.1 : -3.7	%
France	-0.30	Dec/18	-0.6	3.4 : -2.1	%
Brazil	-0.77	Dec/18	-0.35	1.8 : -8.2	%
Australia	-1.50	Dec/18	-3.4	2.3 : -7.3	%
Mexico	-1.80	May/19	-1.7	3.4 : -6.1	%
India	-2.30	Dec/18	-1.9	2.3 : -4.8	%
United States	-2.40	Dec/18	-2.3	0.2 : -6	%
Canada	-2.60	Dec/18	-2.8	2.7 : -4.2	%
Indonesia	-3.00	Dec/18	-1.6	4.8 : -6.8	%
South Africa	-3.50	Dec/18	-2.5	6 : -7.5	%
Turkey	-3.50	Dec/18	-5.6	1.9 : -8.9	%
United Kingdom	-3.90	Dec/18	-3.3	2.6 : -5.2	%
Argentina	-5.40	Dec/18	-4.9	8 : -5.4	%