Macau

Continent

Asia

Capital

N/A

Population

644,426

Sub-Zones

General Information

Basic details about Macau

Population:: 644,426
Area:: 28 sq km
Currency:: patacas
Languages:: Cantonese 81, Mandarin 4.7, other Chinese dialects 5.4, English 3.6, Tagalog 2.9, Portuguese 0.6, other 1.8

Economic Overview

Key economic indicators for Macau

GDP:: $71.248 billion
GDP per Capita:: $105,000
GDP Growth:: 75.06%
Inflation:: 0.48%
Unemployment:: 2.25%
Public Debt:: 0% of GDP
Credit Rating:: AA (2018)

Political System

Governance structure of Macau

Government Type:: executive-led limited democracy; a special administrative region of the People's Republic of China
Head of State:: President of China XI Jinping (since 14 March 2013)
Head of Government:: Chief Executive Sam Hou FAI (since 20 December 2024)
Judiciary:: Court of Final Appeal of Macau Special Administrative Region (consists of the court president and 2 associate justices)
Administrative Divisions:: none (special administrative region of the People's Republic of China)

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: none (Special Administrative Region of China)

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Industry

5.4% (2023 est.)

Services

91.4% (2023 est.)

Trade Volume

Exports:: $43.613 billion
Imports:: $23.18 billion

Major Trading Partners

Hong Kong 73

China 6

USA 6

Philippines 3

Singapore 1

Economic Outlook

Macau has a 75.06% GDP growth rate with 0.48% inflation. The economy is characterized by a strong industry sector.