The agency expects gross domestic product growth to fall to 4 per cent in 2026.
Macau.- Fitch Ratings has maintained its long-term foreign and local currency issuer default rating for Macau at “AA” with a “stable” outlook. It noted exceptionally strong fiscal and external positions, as well as the SAR Government’s adherence to prudent fiscal management.
According to the note, Fitch forecasts gross domestic product (GDP) growth of 4 per cent this year, down from 4.7 per cent in 2025. Expectations are for gross gaming revenue (GGR) to reach 89 per cent of the level seen in 2019.
“We expect gaming tourism growth to slow but remain solid in 2026, supported by favourable visa-entry policies, expanded cultural and entertainment offerings, and continued non-gaming investments,” Fitch said.
According to Fitch’s definitions, ratings in the “AA” category indicate a very strong fiscal position for payment of financial commitments, and that capacity is not significantly vulnerable to foreseeable events.
The agency expects gross domestic product growth to fall to 4 per cent in 2026. Macau.- Fitch Ratings has maintained its long-term foreign and local currency issuer default rating for Macau at “AA” with a “stable” outlook. It noted exceptionally strong fiscal and external positions, as well as the SAR Government’s adherence to prudent fiscal…
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