Macau recorded a Current Account surplus of 35.20 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Macau averaged 32.19 percent from 2002 until 2018, reaching an all time high of 43.20 percent in 2011 and a record low of 17.10 percent in 2006. This page provides - Macao Current Account To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Account to GDP in Macau is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Current Account to GDP is projected to trend around 32.50 percent in 2020, according to our econometric models.

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Macau Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
35.20 33.00 43.20 17.10 2002 - 2018 percent Yearly

Macau Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

Macau Trade Last Previous Highest Lowest Unit
Balance of Trade -7531866.58 -7537368.00 634540.00 -8008621.97 Thousand MOP [+]
Current Account 157998.90 134526.90 178664.00 18673.00 MOP Million [+]
Current Account to GDP 35.20 33.00 43.20 17.10 percent [+]
Imports 8663984.39 8703170.61 8993061.49 781040.00 Thousand MOP [+]
Exports 1132117.81 1165802.61 2377502.00 357945.69 Thousand MOP [+]
Tourist Arrivals 3083406.00 2910118.00 3623116.00 532588.00 [+]
Terms Of Trade 99.70 100.00 110.20 89.90 points [+]
Tourism Revenues 15198.00 15709.00 18419.00 11540.00 MOP Million [+]
Foreign Direct Investment 18676.80 -10518.10 18676.80 -40625.60 MOP Million [+]
Capital Flows 139586.80 112744.80 149652.10 -19805.60 MOP Millions [+]