Macau’s gross domestic product (GDP) expanded by 11.5 percent year-on-year in real terms in the second quarter, an acceleration from the 10.3 percent rise in the first quarter, the Statistics and Census Bureau (DSEC) has announced.
A DSEC statement on Friday attributed the two-digit growth to the quarter’s increases in exports of services and private consumption.
According to the statement, external demand continued to expand, driving exports of services up by 18.8 percent, in which exports of gaming services and other tourism services grew by 19.0 percent and 22.1 percent respectively.
