In 2024, the gross domestic product of Macau was 403.3 billion Macau patacas, a year-on-year real growth of 8.8%.

On February 28, data from the Statistics and Census Bureau of Macau showed that with further economic recovery, the local gross domestic product (GDP) in 2024 reached 403.3 billion Macau patacas, a real growth of 8.8% year-on-year, and the overall economic scale recovered to 86.4% of the level in 2019. Among them, service exports rose by 9.2% year-on-year, and internal demand (including private consumption expenditure, government final consumption expenditure, and investment) also recorded a growth of 2.3%. In addition, the per capita GDP, which measures the average production value of goods and services per person, was 588,000 patacas, an increase of 7.6% year-on-year. The local GDP, which includes the implicit price deflator (105.0) measuring overall price changes, also rose by 0.4%. Driven by a 23.8% year-on-year increase in the number of inbound tourists throughout the year, service exports recorded a 9.2% increase, with gaming service exports rising by 21.8%. Other tourism service exports, on the other hand, declined by 6.1% due to the higher base last year, but still rose by 13.0% compared to 2019. In terms of commodity trade, exports and imports of goods fell by 14.5% and 7.6%, respectively. In 2024, various economic activities in the local area continued to recover, coupled with a stable job market, driving a 4.9% year-on-year increase in private consumption expenditure. Household final consumption expenditure in the local market increased by 3.8%, while expenditure outside the region also rose by 11.1%. Furthermore, due to the end of the "living subsidy plan," government final consumption expenditure fell by 5.1% year-on-year. Purchases of goods and services decreased by 11.2%, while employee compensation increased slightly by 0.2%. On the other hand, with companies continuing to increase their investments in Macau during the year, the total fixed capital formation for the year increased by 4.6% year-on-year. Private construction investment and private equipment investment increased by 5.1% and 31.1%, respectively. Additionally, government equipment investment rose by 1.2%, while government construction investment fell by 10.0% due to the completion of some large public projects. Compared to the fourth quarter of 2023, the real growth of the local GDP in the fourth quarter of 2024 was 3.4%, and the overall economic scale was equivalent to 88.0% of the same period in 2019. Internal demand and service exports rose by 2.8% and 2.1% year-on-year, respectively.