High income vs Macao: Services, value added (% of GDP)
Services, value added (% of GDP) over time
- High income
- Macao
How they compare
Macao currently reports 92.0% against 69.1% in High income, a difference of 22.9%.
That makes Macao's figure about 1.3 times High income's.
Across all 25 years both countries report, Macao has been ahead every year.
High income ranks 5th and Macao ranks 2nd of 47 groups.
Macao has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | High income | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 66.0% | 78.9% | 12.9% | Macao |
| 2000s | 67.5% | 83.2% | 15.7% | Macao |
| 2010s | 68.7% | 94.2% | 25.5% | Macao |
| 2020s | 69.6% | 90.6% | 21.0% | Macao |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, High income or Macao?
- Macao, at 92.0% against 69.1% in High income as of 2024.
- What is the difference in services, value added between High income and Macao?
- 22.9%, with Macao ahead.
- How many years of comparable data are there for High income and Macao?
- 25 years are reported by both, from 1997 to 2021.
- How do High income and Macao rank globally for services, value added?
- High income ranks 5th and Macao ranks 2nd of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.