FX.co ★ Macau GDP Growth Confirmed at 8% in Q3

In the second quarter of 2025, Macau’s economy experienced an 8% year-on-year growth, aligning with preliminary forecasts, up from 5.1% in the earlier quarter. This growth was propelled by a 10.5% surge in service exports, largely attributed to a 13.6% rise in visitor numbers, along with increases in other tourism services (7.4%) and gaming services (14.3%). Government expenditure saw a 2.7% uptick, while consumer spending experienced a modest rise of 0.8%. The trade sector also positively influenced the economy, with a 4.5% boost in goods exports and a 10.5% jump in services exports. On the downside, gross fixed capital formation fell by 26.1%, indicating a deceleration in both private and public construction investments. Over the first three quarters of 2025, Macau's GDP grew by 4.2%.