East Asia & Pacific · High income
Macao: the economy in numbers
Per person: $75,902, or $137,031 at purchasing power parity. Population: 685,900 (2025).
GDP in 2025, current US dollars: #94 of 204 economies. IMF forecast for 2026: +3.3%.
GDP
Adjusted for US inflation, in 2025 dollars: $3.81 billion in 1982, $52.1 billion in 2025.
GDP per capita
In 2025 dollars: $14,981 per person in 1982, $75,902 in 2025.
Real GDP growth
Average over 2016–2025: 0.1% a year. Years of falling GDP since 1983: 10 of 43.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Inflation
Consumer prices rose by 85.0% from 2000 to 2025. Highest annual inflation: 9.6% in 1991.
Source: International Monetary Fund, World Economic Outlook (October 2026)
Government debt, % of GDP
Highest since 2001: 0.0% of GDP in 2001. IMF forecast for 2031: 0.0%.
Population
1960: 173,315 · 2025: 685,900.
Unemployment rate
1991: 3.0% · 2025: 2.3%.
Life expectancy at birth
1960: 63.8 years · 2024: 83.3 years.
Exports of goods and services
1982: 110.6% · 2025: 92.3%.
Data by year
Show the year-by-year table
| Year | GDP | GDP per capita | Per capita, PPP | Real growth | Inflation | Gov. debt, % GDP | Population | Unemployment | Life expectancy | Exports, % GDP |
|---|---|---|---|---|---|---|---|---|---|---|
| 2031 | 3.0%f | 2.2%f | 0.0%f | |||||||
| 2030 | 3.0%f | 2.2%f | 0.0%f | |||||||
| 2029 | 3.0%f | 2.1%f | 0.0%f | |||||||
| 2028 | 3.1%f | 2.1%f | 0.0%f | |||||||
| 2027 | 3.1%f | 1.9%f | 0.0%f | |||||||
| 2026 | 3.3%f | 1.8%f | 0.0%f | |||||||
| 2025 | $52.1B | $75,902 | $137,031 | 4.7% | 0.3% | 0.0% | 686K | 2.3% | 92.3% | |
| 2024 | $49.5B | $72,005 | $127,144 | 7.8% | 0.7% | 0.0% | 687K | 2.3% | 83.3 | 92.2% |
| 2023 | $45.6B | $67,216 | $116,424 | 75.3% | 0.5% | 0.0% | 679K | 2.2% | 83.2 | 92.4% |
| 2022 | $24.9B | $36,807 | $64,183 | −19.0% | 1.0% | 0.0% | 677K | 2.4% | 83.1 | 84.8% |
| 2021 | $30.6B | $44,885 | $73,374 | 22.5% | 0.0% | 0.0% | 682K | 2.2% | 83.7 | 91.9% |
| 2020 | $25.3B | $36,884 | $57,078 | −54.4% | 0.8% | 0.0% | 685K | 2.5% | 84.1 | 61.7% |
| 2019 | $55B | $81,883 | $126,030 | −2.5% | 2.8% | 0.0% | 672K | 1.7% | 83.9 | 82.6% |
| 2018 | $55.1B | $83,588 | $129,458 | 6.4% | 3.0% | 0.0% | 659K | 1.8% | 83.7 | 82.9% |
| 2017 | $50.3B | $77,571 | $120,775 | 9.9% | 1.2% | 0.0% | 648K | 2.0% | 83.5 | 80.6% |
| 2016 | $45B | $68,912 | $107,653 | −0.7% | 2.4% | 0.0% | 652K | 1.9% | 83.3 | 76.8% |
| 2015 | $44.9B | $69,903 | $108,657 | −21.8% | 4.6% | 0.0% | 643K | 1.8% | 83.2 | 78.7% |
| 2014 | $54.9B | $88,355 | $145,187 | −2.0% | 6.0% | 0.0% | 622K | 1.7% | 83.0 | 85.6% |
| 2013 | $51.6B | $87,108 | $149,859 | 10.8% | 5.5% | 0.0% | 592K | 1.8% | 82.7 | 90.6% |
| 2012 | $43.2B | $76,058 | $133,112 | 9.2% | 6.1% | 0.0% | 568K | 2.0% | 82.5 | 90.8% |
| 2011 | $36.8B | $67,047 | $121,086 | 21.6% | 5.8% | 0.0% | 550K | 2.6% | 82.5 | 90.3% |
| 2010 | $28.2B | $52,596 | $99,835 | 25.1% | 2.8% | 0.0% | 537K | 2.8% | 82.3 | 87.4% |
| 2009 | $21.6B | $40,354 | $79,139 | 1.3% | 1.2% | 0.0% | 535K | 3.6% | 82.2 | 78.5% |
| 2008 | $21B | $38,889 | $76,827 | 3.4% | 8.6% | 0.0% | 541K | 3.0% | 82.0 | 79.7% |
| 2007 | $18.4B | $35,400 | $75,673 | 14.5% | 5.6% | 0.0% | 521K | 3.3% | 81.7 | 78.9% |
| 2006 | $14.9B | $29,814 | $67,195 | 13.4% | 5.1% | 0.0% | 499K | 3.8% | 81.7 | 78.5% |
| 2005 | $12.2B | $25,681 | $60,569 | 8.1% | 4.4% | 0.0% | 474K | 4.2% | 81.3 | 84.4% |
| 2004 | $10.6B | $23,407 | $56,585 | 26.6% | 1.0% | 0.0% | 455K | 4.9% | 81.0 | 94.8% |
| 2003 | $8.25B | $18,590 | $44,602 | 11.6% | −1.6% | 0.0% | 444K | 6.0% | 81.0 | 92.9% |
| 2002 | $7.37B | $16,815 | $39,641 | 8.9% | −2.6% | 0.0% | 438K | 6.3% | 80.9 | 93.3% |
| 2001 | $6.86B | $15,811 | $36,215 | 2.9% | −2.0% | 0.0% | 434K | 6.4% | 80.6 | 91.2% |
| 2000 | $6.77B | $15,731 | $34,687 | 5.7% | −1.6% | 431K | 6.9% | 80.2 | 89.3% | |
| 1999 | $6.55B | $15,319 | $32,315 | −2.4% | −3.2% | 427K | 6.3% | 79.0 | 76.2% | |
| 1998 | $6.8B | $16,095 | $33,028 | −4.6% | 0.2% | 422K | 4.6% | 78.2 | 74.2% | |
| 1997 | $7.27B | $17,416 | $34,636 | −0.3% | 3.5% | 417K | 3.2% | 77.6 | 73.9% | |
| 1996 | $7.18B | $17,290 | $34,325 | −0.4% | 4.8% | 415K | 4.3% | 77.5 | 74.0% | |
| 1995 | $7.05B | $17,215 | $34,330 | 3.3% | 8.6% | 409K | 3.6% | 76.8 | 74.0% | |
| 1994 | $6.31B | $15,905 | $33,577 | 4.3% | 6.3% | 397K | 2.5% | 77.3 | 73.6% | |
| 1993 | $5.67B | $14,754 | $32,585 | 5.2% | 6.7% | 384K | 2.1% | 77.3 | 76.2% | |
| 1992 | $4.91B | $13,250 | $31,330 | 13.3% | 7.7% | 371K | 2.2% | 76.9 | 82.1% | |
| 1991 | $3.77B | $10,707 | $28,516 | 3.7% | 9.6% | 352K | 3.0% | 76.5 | 91.6% | |
| 1990 | $3.25B | $9,692 | $27,936 | 8.0% | 8.0% | 335K | 76.4 | 98.3% | ||
| 1989 | $2.71B | $8,323 | 5.0% | 8.8% | 325K | 76.0 | 104.3% | |||
| 1988 | $2.29B | $7,243 | 7.8% | 316K | 75.4 | 106.2% | ||||
| 1987 | $1.96B | $6,380 | 14.3% | 307K | 75.0 | 110.3% | ||||
| 1986 | $1.53B | $5,175 | 6.7% | 296K | 74.8 | 108.4% | ||||
| 1985 | $1.36B | $4,702 | 0.7% | 290K | 74.5 | 105.9% | ||||
| 1984 | $1.3B | $4,611 | 8.5% | 283K | 74.1 | 114.3% | ||||
| 1983 | $1.13B | $4,207 | 10.0% | 269K | 73.9 | 112.5% | ||||
| 1982 | $1.14B | $4,487 | 255K | 73.8 | 110.6% | |||||
| 1981 | 245K | 73.2 | ||||||||
| 1980 | 240K | 72.8 | ||||||||
| 1979 | 235K | 72.3 | ||||||||
| 1978 | 232K | 71.9 | ||||||||
| 1977 | 233K | 71.4 | ||||||||
| 1976 | 236K | 71.5 | ||||||||
| 1975 | 238K | 70.7 | ||||||||
| 1974 | 241K | 70.6 | ||||||||
| 1973 | 243K | 70.2 | ||||||||
| 1972 | 245K | 69.7 | ||||||||
| 1971 | 247K | 69.1 | ||||||||
| 1970 | 257K | 68.7 | ||||||||
| 1969 | 255K | 68.2 | ||||||||
| 1968 | 258K | 67.9 | ||||||||
| 1967 | 260K | 67.3 | ||||||||
| 1966 | 263K | 66.7 | ||||||||
| 1965 | 266K | 66.2 | ||||||||
| 1964 | 226K | 65.9 | ||||||||
| 1963 | 182K | 65.5 | ||||||||
| 1962 | 178K | 64.9 | ||||||||
| 1961 | 173K | 64.3 | ||||||||
| 1960 | 173K | 63.8 |
e: IMF estimate; f: IMF forecast.
Nearby economies in East Asia & Pacific
Nearest by distance between capitals, with GDP per capita.
American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam
Rankings
GDP by country · GDP per capita · Real GDP growth · Inflation by country · Government debt to GDP · Stock market to GDP · Population by country · Unemployment by country
Data and methods
- GDP: gross domestic product in current US dollars, converted from the local currency at market exchange rates (World Bank); not adjusted for inflation.
- Purchasing power parity (PPP): GDP per person in international dollars, which buy the same basket of goods and services in every country. It compares living standards across countries in the same year; it is not adjusted for inflation over time.
- In 2025 dollars: the charts can remove US inflation (US consumer price index, annual average) so that dollar amounts from different years compare in today's money. Exchange rate swings still show.
- Growth and inflation: World Bank data (calendar years). Years the World Bank does not cover yet, and the estimates and forecasts, come from the IMF World Economic Outlook (October 2026): its forecasts start in 2026, and the years after a country's last actual year are IMF estimates.
- Government debt: gross debt of the general government (central, state and local government and social security funds) as a percentage of GDP, IMF. The World Bank's central government debt is narrower and covers fewer countries.
- Stock market capitalization: the end-of-year value of domestic companies listed on the country's exchanges (World Federation of Exchanges via the World Bank; before 2016, Standard & Poor's), as a percentage of GDP: the “Buffett indicator”. Investment funds are excluded, and so are companies listed only abroad; companies from elsewhere that list on an exchange count for its country (Hong Kong lists many mainland Chinese companies).
- Unemployment: ILO modeled estimates (share of the labor force); comparable across countries, but they may differ from national figures.
Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)