{"id":777025191,"date":"2025-04-11T05:40:17","date_gmt":"2025-04-11T08:40:17","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777025191"},"modified":"2026-04-21T23:57:05","modified_gmt":"2026-04-22T02:57:05","slug":"the-university-of-macau-downgrades-2025-gdp-forecast","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-university-of-macau-downgrades-2025-gdp-forecast","title":{"rendered":"Macau GDP forecast revised amid US tariffs"},"content":{"rendered":"\n

The University of Macau has revised its forecast due to US president Donald Trump\u2019s tariff announcements.<\/p>\n\n\n\n\n\n\n\n

Macau.- The University of Macau (UM)<\/strong>\u00a0has lowered its growth forecast for Macau\u2019s gross domestic product (GDP) for this year from 7.7 per cent<\/a> to 6.8 per cent. Analysts said the adjustment reflects increased global economic uncertainty following US president Donald Trump\u2019s tariff announcements.<\/p>\n\n\n\n

The report says: “The US government’s tariff measures target countries around the world, but many of its trade policies target China. In addition, mainland China is experiencing a slowdown in growth due to structural adjustments, and how it responds to this will have a significant bearing on its economic growth in the near future. Mainland China is the main market for Macau\u2019s exports of services and its economy will have a direct impact on Macau\u2019s economic growth.”<\/p>\n\n\n\n

The report predicts that exports of services will grow by 6.8 per cent and private consumption expenditure by 3.8 per cent. It anticipates a CPI inflation rate of 0.7 per cent and an unemployment rate of 1.7 per cent.<\/p>\n\n\n\n

In 2024, Macau’s GDP<\/a> rose by 8.8 per cent\u00a0year-on-year<\/a>\u00a0to MOP403.31bn (US$50.35bn) in 2024. That represents 86.4 per cent of 2019 levels, before the Covid-19 pandemic. Exports of services increased by 9.2 per cent year-on-year as\u00a0visitor arrivals rose by 23.8\u00a0 per cent<\/a>. Exports of gaming services rose by 21.8 per cent; however, exports of other tourism services fell by 6.1 per cent due to a high comparison base in 2023.<\/p>\n\n\n\n

See also: <\/strong>Hong Kong-listed casino stocks plunge amid trade tensions between China and the US<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The University of Macau has revised its forecast due to US president Donald Trump\u2019s tariff announcements.<\/p>\n","protected":false},"author":176,"featured_media":26708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The University of Macau has revised its GDP growth forecast for Macau downwards from 7.7% to 6.8% for the current year, citing increased global economic uncertainty due to US tariff announcements and mainland China's economic slowdown. This adjustment highlights the significant impact of China's economy on Macau's service exports, including gaming, despite strong performance in 2024 driven by visitor arrivals. The broader geopolitical trade tensions are also noted to be affecting Hong Kong-listed casino stocks.","focusai_entities":"University of Macau, Donald Trump","focusai_location":"Macau, US, China, Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on GGR?","query":"What specific GGR projections are now anticipated for Macau's gaming verticals given the revised GDP forecast and the ongoing US-China trade tensions?"},{"label":"Operator Revenue Outlook?","query":"How might the revised economic outlook for Macau, particularly the slowdown in mainland China, impact the revenue and EBITDA forecasts for major concessionaires operating in the region?"}],"footnotes":""},"categories":[16338,163,24628,158],"tags":[257],"class_list":["post-777025191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-finance-news","category-highlight-of-the-week","category-slider-home","tag-macau"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025191","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=777025191"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025191\/revisions"}],"predecessor-version":[{"id":777025213,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777025191\/revisions\/777025213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26708"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777025191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777025191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777025191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}