Macau GDP up 80.5% in 2023

The irse was fueled by tourism and gaming.

Macau.- The Statistics and Census Service (DSEC) has reported that Macau’s gross domestic product (GDP) rose 80.5 per cent year-on-year in real terms in 2023. That represents a recovery to over 80 per cent of 2019 levels, before the Covid-19 pandemic. Per-capita GDP for 2023 reached MOP559,495 (US$69,393).

The rise attributed to the resurgence of tourism. Gaming services exports increased by 343.7 per cent and other tourism services by 121.9 per cent as visitor arrivals rose by…