Markets Actual Q3 Q4 Q1 Q2 2020
Currency 8.07 8.05 8.05 8.05 8.05 8.05
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) -1.80 2.7 3 3.2 3.1 3.5
Unemployment Rate (%) 1.80 1.7 1.6 1.6 1.7 1.8
Inflation Rate (%) 2.83 2.5 2.7 3 3.2 3
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.5
Balance of Trade (Thousand MOP) -6156220.00 -6700000 -7084740 -7084740 -7084740 -7086235
Current Account (MOP Million) 157998.90 125000 125000 154000 154000 154000
Current Account to GDP (%) 27.50 32 32 34 34 34
Retail Sales MoM (%) 1.90 8.4 13.8 13.8 13.8 13.8
Corporate Tax Rate (%) 12.00 12 12 12 12 12
Personal Income Tax Rate (%) 12.00 12 12 12 12 12
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) -1.80 2.7 3 3.2 3.1 3.5
GDP (USD Billion) 54.55 58.5 58.5 62.4 62.4 62.4
GDP Constant Prices (MOP Million) 101564.00 106027 115628 105864 104712 119675
Gross Fixed Capital Formation (MOP THO) 13372.00 15460 20290 13068 13787 21000
GDP per capita (USD) 58054.10 56500 56500 56920 56920 56920
GDP per capita PPP (USD) 108831.30 112000 112000 115000 115000 115000
Gross National Product (MOP Million) 366753.70 376656 377756 378490 378123 390978
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 1.80 1.7 1.6 1.6 1.7 1.8
Unemployed Persons (Thousand ) 6.60 7.1 7.4 7.4 7.4 6.8
Population (Million) 0.65 0.67 0.66 0.67 0.67 0.67
Wages (MOP/Monthly) 16000.00 16500 16500 16500 16500 17500
Wages In Manufacturing (MOP/Monthly) 13000.00 15200 15500 15500 15500 16000
Labor Force Participation Rate (%) 70.30 69.9 69.7 69.7 69.7 70.2
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.83 2.5 2.7 3 3.2 3
Consumer Price Index CPI (Index Points) 116.41 116 117 118 120 121
Inflation Rate Mom (%) 0.30 0.2 0.2 0.2 0.2 0.3
Food Inflation (%) 4.00 3.2 2.9 2.9 2.9 2.4
CPI Transportation (Index Points) 125.94 123 123 126 129 127
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 2.25 2.25 2.25 2.25 2.25 2.5
Interbank Rate (%) 2.34 2.34 2.34 2.34 2.34 2.59
Money Supply M2 (MOP Million) 662771.61 642000 647000 647000 647000 655000
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (Thousand MOP) -6156220.00 -6700000 -7084740 -7084740 -7084740 -7086235
Current Account (MOP Million) 157998.90 125000 125000 154000 154000 154000
Current Account to GDP (%) 27.50 32 32 34 34 34
Tourist Arrivals 3530233.00 2782600 3070400 3266100 3540700 3162000
Tourism Revenues (MOP Million) 18352.00 17700 17900 17900 17900 18000
Foreign Direct Investment (MOP Million) 18676.80 -12500 -12500 -14000 -14000 -14000
Government Actual Q3 Q4 Q1 Q2 2020
Government Spending (MOP THO) 10028.00 10390 13779 8746 10339 14262
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 12.00 12 12 12 12 12
Personal Income Tax Rate (%) 12.00 12 12 12 12 12
Business Actual Q3 Q4 Q1 Q2 2020
Industrial Production (%) -24.20 23.7 18.8 18.8 18.8 12.6
Industrial Production Mom (%) 18.70 5.8 7.9 7.9 7.9 2.7
Manufacturing Production (%) 13.70 5.1 4.8 4.8 4.8 3.2
Changes in Inventories (MOP THO) -238.00 -19 -17 -17 -17 -10
Electricity Production (Gigawatt-hour) 75.30 80.9 78 78 78 97
Consumer Actual Q3 Q4 Q1 Q2 2020
Retail Sales MoM (%) 1.90 8.4 13.8 13.8 13.8 13.8
Retail Sales YoY (%) -0.50 2.5 2.9 3.6 3.2 3.8
Consumer Spending (MOP THO) 26401.00 26222 27189 26802 27219 28141
Disposable Personal Income (MOP) 41423.00 42541 42666 42749 42707 44159
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 270.50 269 274 274 274 272


This page has economic forecasts for Macau including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Macau economy.