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Macau’s economy recorded an 8.8 per cent growth rate in 2024, following an 80 per cent post-pandemic rebound in 2023. For 2026, the IMF forecasts a further slowdown in the city’s GDP expansion, to 3.5 per cent.
The neighbouring Hong Kong SAR faces an even more sluggish outlook this year, with a meagre 1.5 per cent economic growth, according to the same report—down from a 3.2 per cent projection in the IMF’s October 2024 forecast.
The IMF’s report, titled World Economic Outlook, April 2025: A Critical Juncture amid Policy Shifts, has also slashed its forecast for global growth this year, citing the impact of US President Donald Trump’s new tariff policies on the world economy.
Read more in Macau News Agency
