{"id":15570,"date":"2021-03-08T15:31:10","date_gmt":"2021-03-08T15:31:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=15570"},"modified":"2026-04-23T21:18:05","modified_gmt":"2026-04-24T00:18:05","slug":"macau-gdp-decline-slows-in-q4","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/macau-gdp-decline-slows-in-q4","title":{"rendered":"Macau GDP decline slows in Q4"},"content":{"rendered":"\n<p>Macau saw a smaller decline in the final quarter of 2020 than in preceding quarters.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- The Macau Statistics and Census Service has reported that <strong>Macau\u2019s GDP contracted by 45.9<\/strong> per cent year-on-year in the fourth quarter.<\/p>\n\n\n\n<p><strong>Exports of tourism services declined by 48.9 per cent<\/strong>, which represents an improvement compared to a 87.9 per cent fall in the third quarter, as <strong>visitor arrivals climbed 150.3 per cent quarter-on-quarter.<\/strong><\/p>\n\n\n\n<p>The <strong>Covid-19 pandemic continues to have a significant impact on Macau&#8217;s economy<\/strong>, which is mainly driven by exports of services.<\/p>\n\n\n\n<p>Macau\u2019s fourth-quarter exports of <strong>gaming services fell by 70.3 per cent<\/strong>.<\/p>\n\n\n\n<p>For full-year 2020, <strong>the economy declined by 56.3 per cent in real terms<\/strong>.<\/p>\n\n\n\n<p>Macau casinos saw&nbsp;<em><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-ggr-declines-8-9-in-february\" target=\"_blank\"><strong>gross gaming revenues of MOP$7.31bn (US$914.5m) in February,<\/strong><\/a><\/em>&nbsp;down <strong>8.9 per cent compared to January<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Macau saw a smaller decline in the final quarter of 2020 than in preceding quarters.<\/p>\n","protected":false},"author":176,"featured_media":15572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Macau's economy experienced a significant contraction in Q4 2020, with GDP declining by 45.9% year-on-year, though this represented an improvement from Q3. Exports of gaming services fell by 70.3% in Q4, contributing to a full-year 2020 economic decline of 56.3%. February 2021 Gross Gaming Revenue (GGR) for Macau casinos was MOP$7.31bn (US$914.5m), an 8.9% decrease from January.","focusai_entities":"Macau Statistics and Census Service","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (1.0), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Macau GGR Recovery Outlook?","query":"What is the projected timeline for Macau's gaming services exports to return to pre-pandemic levels, considering current visitor arrival trends and regional travel restrictions?"},{"label":"Operator Strategy Adjustments?","query":"How are Macau's integrated resort operators adjusting their capital expenditure and operational strategies in response to the sustained GGR contraction and evolving market dynamics?"}],"footnotes":""},"categories":[16338,163,158],"tags":[23906],"class_list":["post-15570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-slider-home","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=15570"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15570\/revisions"}],"predecessor-version":[{"id":15614,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/15570\/revisions\/15614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15572"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=15570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=15570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=15570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}