Macao
Everything Palanor holds about Macao, in one place: 36 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
AsiaAsia-Pacific
The latest read
- GDP in current U.S. dollars: $52.1 billion (2025); 90th percentile since 1990; highest since 2019; 1y +5.2%.
- Household consumption, share of GDP: 30.1% of GDP (2025); 40th percentile since 1990; lowest since 2019; 1y −1.04 pts.
- Net exports, share of GDP: 45.4% of GDP (2025); 76th percentile since 1990; highest since 2019; 1y +3.13 pts.
Country Posture
What Macao’s economy is doing
Momentum
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 4.7 |
| Growth against its three-year average | -16.7 |
| Change in unemployment | 0.1 |
| Change in the employment rate | -0.5 |
| Export volume growth | — |
| OECD leading indicator | — |
Resilience
202577Deep buffers
0 = thin buffers · 100 = deep buffers
Moved most by reserves, months of imports (up) and governance (wgi mean) (up) since the year before.
Inputs
| Interest as a share of revenue | — | — |
| Budget balance (2024) | 7.0 | 70 |
| Reserves, months of imports | 10.1 | 76 |
| Current account | 39.6 | 97 |
| Governance (WGI mean) | 0.77 | 71 |
| External debt | — | — |
Pressure
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | 0.3 |
| Change in inflation | -0.3 |
| Currency move against the dollar | -0.1% |
| Conflict deaths per million | 0.0 |
| Political stability | 1.06 |
| Private credit, three-year change | -170 |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
Passport reach
Where a Macao passport opens doors
The share of world GDP, outside Macao itself, in the economies whose published rules let a holder of this passport in, as of October 2026. Palanor records the rules of destinations holding 88% of world GDP, from each government’s own list, and weights them by World Bank GDP for 2025. Rank is among 199 passports.
Work
0.0%rank 114 of 199
the right to work (free movement in full; treaty and working-holiday routes at half); 0 destinations in full.
Recorded changes
- 2025-01-08United Kingdom · visit: Visa-free → Online travel authorisation source
Reach is shown here and not weighted into Country Strength: it rewards membership of a free-movement area or a treaty more than the strength of an economy. Entry is always at the border officer’s discretion, and conditions (length of stay, fees, age limits) vary. Method, sources and the full ranking: Passports and citizenship.
Palanor calculation from each destination government's published rules; GDP weights from the World Bank (CC BY 4.0), one year for the whole line, so it moves only when a list changes.
GDP by expenditure
What Macao’s economy runs on
In 2025, household spending was 30.1% of GDP, government consumption 12.2%, investment 12.3% and net exports +45.4% (exports 92.3%, imports 46.9%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Macao
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF raised its growth forecast for this year by 0.3 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 4.7 | 3.3 | 3.1 | 3.0 |
| Inflation, average consumer prices% | 0.3 | 1.8 | 1.9 | 2.2 |
| Unemployment rate% of labor force | 1.7 | 1.7 | 1.7 | 1.7 |
| GDP, current US dollarsUS$ bn | 52.1 | 54.7 | 57.8 | 69.8 |
| GDP at purchasing-power parityintl $ bn | 94.0 | 100.3 | 106.7 | 129.5 |
| GDP per person, US dollarsUS$ | 74,465 | 77,049 | 80,712 | 93,654 |
| Current account balance% of GDP | 39.6 | 39.8 | 39.3 | 37.3 |
| Government overall balance% of GDP | 8.3 | 8.4 | 8.0 | 7.0 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor.
News
In the news
- Beckham, Yao Ming attend NBA China Games in a boost to Macao's live events
CNBC · Bluesky2026-10-12positive · +boost
- Sands China Joins Hands with NBA Legend to Distribute Boxed Lunches to the Macao Community
Marketaux (financial news API)2026-10-10neutral
- Macau Golden Week Visitor Surge Contrasts with WYNN Gaming Revenue Dip
Marketaux (financial news API)2026-10-06positive · +surge
- Hong Kong outlines strategies for deepening development of the Guangdong-Hong Kong-Macao Greater Bay Area and enhancing green transformation
Marketaux (financial news API)2026-10-04neutral
- Hong Kong outlines strategies for deepening development of the Guangdong-Hong Kong-Macao Greater Bay Area and enhancing green transformation
Marketaux (financial news API)2026-10-03neutral
- Macau gaming revenue weakens in September (MLCO:NASDAQ)
Marketaux (financial news API)2026-10-01negative · -weakens
Headlines that name Macao, matched by name with fixed rules (a wrong match is worse than a missing one). Tone is read from each headline’s own words; no model reads or summarizes an article, and other publishers’ stories link out.
Company graph
Companies headquartered in Macao
Palanor’s company graph holds 3 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Macao
Grouped by theme, the most-read first. All 36 in the Library.
Growth and output1
- Macao · GDP · USD bn (current)90th percentile since 1990; highest since 2019; 1y +5.2%$52.1bn2025
Trade and capital flows1
- Macao · International Tourist Arrivalsrecord low since 1995; 1y −85.0%5,897,000 arrivals2020
Peers
Elsewhere in Asia
Alphabetical. Palanor does not rank countries.
AfghanistanArmeniaAzerbaijanBahrainBangladeshBhutanBruneiCambodiaChinaCyprusGeorgiaHong KongIndiaIndonesiaIranIraqIsraelJapanJordanKazakhstanKuwaitKyrgyzstanLaosLebanonMalaysiaMaldivesMongoliaMyanmarNepalNorth KoreaOmanPakistanPalestinePhilippinesQatarSaudi ArabiaSingaporeSouth KoreaSri LankaSyriaTaiwanTajikistanThailandTimor-LesteTürkiyeTurkmenistanUnited Arab EmiratesUzbekistanVietnamYemen