Macao SWOT Analysis & Macroeconomic Trends 麻豆原创 Research Report

Publication ID:

MRR1122102

Publication Date:

November 8, 2022

Pages:

Publisher:

麻豆原创 Research Reports, Inc

Countries:

Macao [1]

USD 350.00

Business & Government [2]

Country SWOT Analysis [3]

Description:

Services, electronics, machinery, vehicles, chemicals, metals, minerals, stone, agriculture, and textiles are major industries of Macao.

In 2020, Services industry exports was valued at USD 11.6 billion for Macao. Electronics export accounted for USD 133 million, machinery for USD 303 million, vehicles for USD 18.9 million, chemicals for USD 87.6 million, metals for USD 60.6 million, minerals for USD 13.5 million, stones for USD 233 million, textiles for USD 321 million and agriculture for USD 149 million in 2020.

Macao, officially Macao Special Administrative Region (MSAR) of the People's Republic of China (PRC), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. It was earlier a Portuguese colony, and in 1999 it was transferred to China.

Macao had population of 0.683 million in the year 2021 and expected to reach 0.742 million by 2027, growing at a CAGR of 1.39%.

Macao鈥檚 real gross domestic product (GDP) was MOP 204.41 billion in 2020 and while recovering from the COVID-19 impact it increased by 15.25% to be around MOP 241.184 billion in 2021. It is further expected to increase by 11.57% and reach MOP 465.126 billion by 2027.

Macao鈥檚 employment rate was 0.395% of total labor force in 2020. It is expected to decrease at a CAGR of 0.77% and reach 0.386% by 2023.

Due to Covid-19, the unemployment level for Macao was 2.55% of total labor force in 2020 for Macao. Unemployment increased in 2021 by 13.56% and reached 2.95% of total labor force. It is expected to further decrease at a CAGR of 7.23% and reach 1.88% by 2027.

Macao鈥檚 per capita GDP was USD 43,771.84 whereas purchasing power parity (PPP) based per capita GDP was USD 71,121.99 for the year 2021.

In 2021, Macao government鈥檚 revenue was MOP 71.142 billion whereas the expenditure was MOP 110.764 billion. This resulted in Macao government鈥檚 net lending / borrowing negative at MOP 39.622 billion in 2021 indicating that not enough financial resources were made available by the Macao government to boost economic growth.

The current account balance for Macao was positive at USD 4.127 billion for the year 2021 and is expected to increase at a CAGR of 31.59% and reach USD 21.428 billion by 2027. This positive current account balance indicates that Macao will remain a net lender to the rest of the world till 2027.

Scope of Macao 鈥� SWOT Analysis and Macroeconomic Trends Report

This report provides information about key macroeconomic indicators for Macao.
This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for Macao.
This report provides information on Coronavirus (COVID-19) pandemic related policy response of Macao.

Table Of Contents:

1. Executive Summary

Scope of Macao 鈥� SWOT Analysis and Macroeconomic Trends Report

Research Methodology

2. Macao - Country Overview

2.1 People Indicators

2.1.1 Population

2.1.2 Employment

2.1.3 Unemployment

2.2 National Accounts Indicators

2.2.1 Real Gross Domestic Product

2.2.2 Nominal Gross Domestic Product

2.2.3 Gross Domestic Product Deflator

2.2.4 Per Capita Gross Domestic Product

2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP

2.2.6 Total Investment / Gross Capital Formation

2.3 Monetary Indicators

2.3.1 Consumer Price Index (CPI) Inflation

2.4 Government Finance Indicators

2.4.1 Government Revenue

2.4.2 Government Expenditure

2.4.3 Government Net Lending / Borrowing

2.5 Balance of Payment Indicators

2.5.1 Current Account Balance

3. SWOT Analysis of Macao

3.1 Strengths

3.2 Weaknesses

3.3 Opportunities

3.4 Threats

4. COVID-19 Related Policy Response of Macao

4.1 Coronavirus (COVID-19) Containment Measures of Macao

4.2 Coronavirus (COVID-19) Related Fiscal Policy Measures by Macao

4.3 Coronavirus (COVID-19) Related Monetary Policy Measures by Macao

List of Exhibits

Notes

List of Exhibits

Exhibit 2.1 Population of Macao (in million) 2020-2027

Exhibit 2.2 People Employment in Macao (in million) 2020-2023

Exhibit 2.3 Unemployment Level in Macao (in %) 2020-2027

Exhibit 2.4 Real GDP of Macao (in MOP billion) 2020-2027

Exhibit 2.5 Nominal GDP of Macao (in MOP billion) 2020-2027

Exhibit 2.6 Nominal GDP of Macao (in USD billion) 2020-2027

Exhibit 2.7 GDP Deflator Index for Macao 2020-2027

Exhibit 2.8 Per Capita GDP of Macao (in USD) 2020-2027

Exhibit 2.9 PPP Per Capita GDP of Macao (in USD) 2020-2027

Exhibit 2.10 Total Investment of Macao (in %) 2020-2027

Exhibit 2.11 Consumer Price Index (CPI) Inflation of Macao 2020-2027

Exhibit 2.12 Government Revenue of Macao (in MOP billion) 2020-2027

Exhibit 2.13 Government Revenue of Macao (in % of GDP) 2020-2027

Exhibit 2.14 Government Expenditure of Macao (in MOP billion) 2020-2027

Exhibit 2.15 Government Expenditure of Macao (in % of GDP) 2020-2027

Exhibit 2.16 Government Net Lending / Borrowing of Macao (in MOP billion) 2020-2027

Exhibit 2.17 Government Net Lending / Borrowing of Macao (in % of GDP) 2020-2027

Exhibit 2.18 Current Account Balance of Macao (in USD billion) 2020-2027

Exhibit 2.19 Current Account Balance of Macao (in % of GDP) 2020-2027

Exhibit 3.1 SWOT Analysis of Macao

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