Macau recorded a Current Account surplus of 33.60 percent of the country's Gross Domestic Product in 2019. source: World Bank

Current Account to GDP in Macau averaged 29.98 percent of GDP from 2002 until 2019, reaching an all time high of 40.50 percent of GDP in 2011 and a record low of 15 percent of GDP in 2006. This page provides - Macao Current Account To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Current Account to GDP - values, historical data and charts - was last updated on October of 2021.

Current Account to GDP in Macau is expected to reach 34.00 percent of GDP by the end of 2021, 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 of GDP in 2022, according to our econometric models.

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Macau Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
33.60 33.20 40.50 15.00 2002 - 2019 percent of GDP Yearly

Macau Trade Last Previous Highest Lowest Unit
Balance of Trade -11162282.61 -14228125.93 634540.00 -14577844.44 Thousand MOP [+]
Current Account 23700.70 151513.50 161957.50 17724.30 MOP Million [+]
Current Account to GDP 33.60 33.20 40.50 15.00 percent of GDP [+]
Imports 12227988.83 15347482.11 15561579.90 730990.00 Thousand MOP [+]
Exports 1065706.22 1119356.18 2377502.00 357945.69 Thousand MOP [+]
Tourist Arrivals 409207.00 789407.00 3623116.00 11041.00 [+]
Terms Of Trade 99.60 100.40 110.20 89.90 points [+]
Tourism Revenues 7161.00 6181.00 18419.00 0.00 MOP Million [+]
Foreign Direct Investment -44323.00 -14323.00 7638.00 -44323.00 MOP Million [+]
Capital Flows 53216.00 90638.10 149649.00 -19459.90 MOP Millions [+]

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.