Macau's gross domestic product recorded an annual contraction of 26.8% in 2022, as external demand remained sluggish. In 2022, tourism and local economic activity were hindered by border controls and lockdowns imposed in response to multiple coronavirus outbreaks in the neighboring regions as well as the domestic community outbreak in June. In light of China ending its zero-COVID policy, Macau is seeking to recover its tourism-based economy.
Full Year GDP Growth in Macau averaged 4.53 percent from 1983 until 2022, reaching an all time high of 26.60 percent in 2004 and a record low of -54.20 percent in 2020. This page includes a chart with historical data for Macau Full Year GDP Growth. Macau Full Year GDP Growth - values, historical data and charts - was last updated on June of 2023.