Gaming & junkets share of GDP rises to 50.9 pct in 2019

2020-11-21 15:56     Comment:0

Gaming and junket activities' share of Macau's gross domestic product rose by 0.2 percentage points from 50.7 percent in 2018 to 50.9 percent last year, the Statistics and Census Bureau (DSEC) has announced. 

However, according to a DSEC statement this week, gross value added by gaming and junket activities declined year-on-year in real terms by 2.7 percent last year. The sector's gross value at current prices amounted to 222.507 billion patacas (US$27.8 billion) in 2018 and 222.460 billion patacas last year. 

In 2019, the secondary (manufacturing, electricity, gas and water supply as well as construction) sector contributed 4.3 percent to GDP last year, when the tertiary (services) sector's share of GDP amounted to 95.7 percent. 

The contribution of Macau's primary sector (fishing) to GDP is negligible and wasn't included in the DSEC statement. 

Last year's gross value added at current prices stood at 437.962 billion patacas, a year-on-year drop of 2.4 percent. 

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