Macau’s GDP up by 26 % in 2010
Per-capita GDP amounted to MOP 398, 071 (about US$ 49,745).
Economic growth for the fourth quarter of 2010 stood at 27.9 % in real terms, while the rate of increase for the second and third quarters was revised upward from 31.5 % and 27.1 % to 31.7 % and 27.4 % respectively.
According to the Statistics and Census Service, the “revival of the growth momentum of the world economy and robust economic growth in the mainland, created favourable conditions to support a rapid rebound of the economy of Macau.
“Gross gaming revenue and total visitor spending soared substantially upon outstanding performance of the tourism and gaming sector; declines in gross fixed capital formation and merchandise exports slowed down.”
In 2010, gross gaming revenue surged by 57.5 % compared with 2009. Total visitor arrivals increased by 14.8 %, with per-capita spending of visitors rising in every quarter.
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