The weight of gaming in Macau’s gross value-added structure increased by 2.5 percentage points from 2016 to 2017, accounting for 49.1% of the total, according to the region’s Statistics and Census Bureau (DSEC).
In a document on the sector structure of Macau in 2017, DSEC reported that the weight of the tertiary sector grew from 93.3% in 2016 to 94.9% in 2017, an additional 1.6 percentage points, with the weights of “hotel and similar” (4.3%), “wholesale and retail trade” (5.6%) and “lotteries, other betting and gaming promotion activities,”(49.1%) rising by 0.2, 0.3 and 2.5 percentage points, respectively.
The weights of “health and social action” (1.4%) and “real estate activities” (10.6%) were similar to those of 2016, while the other categories of economic activity fell between 0.1 and 0.2 percentage points.
The weight of the secondary sector in the gross value added of all categories of economic activity (5.1%) decreased by 1.6 percentage points, construction fell 1.6 percentage points to 3.7%, while “manufacturing industries” (0.6%) and “electricity and gas production and distribution” (0.8%) posted similar levels to those in 2016.
The gross value added of all categories of economic activity in Macau rose from a real decline of 0.7% in 2016 to real growth of 9.1% in 2017, mainly due to the favourable performance of all areas of economic activity of the tertiary sector. (macauhub)