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2025.10.3109:49:44UTC+00Macau GDP Growth Accelerates to 8% in Q3

In the third quarter of 2025, Macau's economy saw an 8% year-on-year expansion, an increase from the 5.1% growth recorded in the second quarter, according to preliminary data. This surge represents the strongest growth rate since the first quarter of 2024, fueled by sustained service export growth and robust domestic demand. Service exports experienced a 10.5% rise, largely due to a 13.6% increase in visitor arrivals. Government expenditure grew by 2.7%, while household consumption edged up by 0.8%. However, there was a significant 26.1% decline in gross fixed capital formation, attributed to reduced activity in both private and public construction sectors. Cumulatively, for the first nine months of the year, the GDP increased by 4.2%.

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