Macao SAR's GDP increases 8.8 percent year-on-year in 2024
MACAO -- The GDP of the Macao Special Administrative Region (SAR) in 2024 expanded by 8.8 percent year-on-year in real terms to 403.3 billion patacas (about $50.4 billion), the SAR's Statistics and Census Service (DSEC) said on Friday.
According to figures released by the DSEC, overall economic output returned to 86.4 percent of the level in 2019, and service exports and domestic demand showed respective growth of 9.2 percent and 2.3 percent year-on-year.
Private consumption expenditures increased by 4.9 percent year-on-year in 2024 due to the continued recovery of various local economic activities and a stable job market.
In real terms, GDP expanded by 3.4 percent in the fourth quarter of 2024 compared with the same period of 2023, the DSEC said.
- Wave of freezing weather brings snow to northern China
- APEC 'China Year' kicks off at Shenzhen meeting
- HKSAR chief executive says to conclude residential complex fire probe within 9 months
- Viral scenic valley in China, not Japan, operators of tourist attraction clarify
- European Chamber Shanghai Chapter calls for stronger EU-China sustainability ties
- Former senior official at State Council body under investigation
































