Macau’s Q3 GDP Surges to 8% Growth

Bassyonni

ago 7 hours

Macau’s economy has achieved notable growth, recording an 8% increase in GDP during the third quarter of 2025. This represents an acceleration from the 5.1% growth observed in the preceding quarter.

Strong Economic Performance

This surge marks the fastest growth rate since early 2024. The key drivers behind this robust performance include a rise in service exports and solid domestic demand.

Service Exports and Visitor Growth

Service exports rose by 10.5% in Q3 2025.
Visitor arrivals contributed significantly, increasing by 13.6%.

Government and Household Spending

Government spending expanded by 2.7%, while household consumption saw a modest increase of 0.8%. These figures indicate a steady improvement in local economic activities.

Challenges in Construction

Despite the overall growth, there was a significant decline in gross fixed capital formation, which fell by 26.1%. This drop is attributed to reduced construction activities in both private and public sectors.

Year-to-Date Economic Overview

For the first three quarters of 2025, Macau’s GDP has risen by 4.2%. This overall increase suggests a resilient economic landscape, despite certain sector challenges.