The International Monetary Fund (IMF) estimates Macau’s Gross Domestic Product (GDP) will grow by a projected 13.9% in 2024 to around $45 billion, driven by the further recovery of the gaming sector and steady private investment.
Story continues below
The prediction comes after an IMF Expert Delegation visited Macau between 21 February and 6 March to conduct its “Article IV Consultation” on the Macau SAR and provided preliminary conclusions on the city’s macroeconomic and financial conditions.
In its preliminary conclusions, the IMF delegation noted that Macau’s economic activity rebounded significantly in 2023.
