Macao

1980

2026

2030

Macao

1980

2026

2030

Macao Economic Statistics (2026)

What to know

GDP per capita (PPP) in 2026: $136,809—among the wealthiest nations.

The economy has grown at an average rate of 15.5% over the past 5 years.

The government runs a fiscal surplus, providing room for future investment or debt reduction.

Key statistics for 2026

GDP per capita (PPP)

$136,809

GDP growth

+2.8%

Inflation rate

1.2%

Unemployment

1.7%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

How fast is the economy growing?

Total economic output and annual growth rate

Total GDP is $55 billion, with steady growth of 2.8% in 2026.

Living Standards

How high is the standard of living?

Average economic output per person

GDP per capita is $77,443 in nominal terms, but $136,809 when adjusted for local purchasing power—indicating lower prices than in the US.

Prices & Employment

What are inflation and unemployment rates?

Consumer price inflation and labor market conditions

The economy is experiencing low inflation at 1.2% and near full employment at 1.7%.

Government Finances

How does the government manage its finances?

Government debt, revenue, and expenditure as percentage of GDP

External & Fiscal Balance

Why does the country run large surpluses?

Fiscal balance and current account as percentage of GDP

The country is running a fiscal surplus of 5.6% and a current account surplus of 34.9% of GDP.

The bottom line

Macao is one of the world's wealthiest economies, with GDP per capita (PPP) of $137k. The economy has been growing rapidly, averaging 15.5% annually. The government is running a fiscal surplus.