Macau Statistics and Census Service: Macau's GDP grew 2.9% year-on-year in real terms in the first three quarters to reach MOP 316.22 billion

Zhitongcaijing · 1d ago

The Zhitong Finance App learned that according to data from the Macao Statistics and Census Bureau, the Macau economy continued its steady development trend in the first three quarters of this year. The revised GDP value was MOP 316.22 billion, a real increase of 2.9% over the previous year, and recovered to 89.9% in the same period in 2019. Thanks to various customer promotion measures and large-scale themed events, exports of services increased by 3.5% year-on-year in the first three quarters. Among them, exports of other travel services and exports of gaming services increased by 8.2% and 0.8% respectively; exports of goods and imports also increased by 21.2% and 8.7% respectively.

Over the same period, internal demand showed steady performance. Driven by the orderly progress of public and private engineering projects, total fixed capital formation increased 4.6% year on year, combined with a 2.7% increase in private consumption expenditure, which jointly supported the steady progress of the Macao economy.

According to the quarterly analysis, the Macau economy maintained positive growth in the third quarter. The revised value of GDP was MOP 106.05 billion, a real increase of 0.1% over the previous year, and recovered to 91.4% in the same period in 2019. Affected by peripheral environmental factors during the period, Lucky Gaming's gross revenue was adjusted for a short period of time, and exports of gaming services fell 4.7% year on year; however, thanks to the peak summer travel season and various measures to attract customers, exports of other travel services rose 6.8%. Coupled with the acceleration of public and private projects, the total fixed capital formation increased significantly by 17.3%, effectively offsetting the impact of the decline in gaming service exports, showing the resilience and resilience of the Macau economy to withstand risks, providing strong support for the steady development of the quarterly economy.

As the integration of Australia and Qin continues to deepen, the number of investment projects involving Macao (including the public sector, enterprises and individuals) is increasingly participating in the Hengqin Guangdong-Macao Deep Cooperation Zone (hereinafter referred to as the Cooperation Zone). In the third quarter of 2026, the total fixed capital formation of Macau-related entities in the cooperative zone was MOP 540 million, a nominal increase of 215.3% over the previous year. The revised GDP value after taking into account the total fixed capital formation of Australia-related entities in the cooperative zone was MOP 106.58 billion, a nominal increase of 2.6% over the previous year.