Gaming accounts for 40.87 pct of Macau’s GDP structure in 2010

3 January 2012

Macau, China, 3 Jan – Gaming accounted for 40.87 percent of Macau’s Gross Domestic Product (GDP) structure in 2010, rising from 32 percent in 2009 and 29.42 percent in 2008, according to figures released Monday by the Macau Statistics and Census Bureau.

In a territory with no primary sector, the weights of the secondary and tertiary sectors on GDP have been going in different directions. The secondary sector, which includes industry and construction, lost importance and fell to 7.42 percent in 2010 after accounting for 10.86 percent of GDP in 2009 and 17.21 percent in 2008.

The tertiary sector, which includes wholesale and retail sales, restaurants and similar establishments, transport and communications, financial activities, gaming and gambling and public administration, in 2010 accounted for 92.58 percent of Macau’s GDP, which was more than the 89.14 percent posted in 2009 and 82.79 percent in 208.

Macau’s sector structure is calculated according to GDP from a production point of view, which is equal to the sum of gross added value (figure for gross production minus intermediate consumption) of all economic sectors, plus all taxes on products. (macauhub)