Preliminary figures show GDP rising 3.7% in first half of year


The economy grew 3.7% in real terms in the first half of 2026 as stronger visitor arrivals lifted services exports, the city’s statistics bureau said, though investment and public spending weakened.
In the January-June period, the Statistics and Census Service (DSEC) said preliminary gross domestic product (GDP) totaled MOP209.89 billion – equal to 89.1% of the level recorded in the same period of 2019, before the Covid-19 pandemic.
“Analyzed by major component, total exports of services increased by 7.2% year on year in the first half of the year, fueled by a 9.0% rise in visitor arrivals,” the bureau announced. Private consumption expenditure rose 2.8%, while government final consumption expenditure declined 0.2% and gross fixed capital formation fell 9.4%.
The first-half result compares with 1.8% growth in the same period of 2025 and a 7.1% increase in the first quarter of 2026, when Macau’s GDP reached MOP108.01 billion.
In the first quarter of 2026, services exports jumped 13.9% as visitor arrivals increased 13.7%, aided by Lunar New Year travel and a series of festive events. NS
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