Current account balance in Macau, China
Macau, China: Current account balance was 33.7% in 2024. ▼ Falling
Current account balance in Macau, China, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Macau, China recorded 33.7% for current account balance in 2024.
That represents a change of up 15.2% on the previous year and up 3.2% over ten years.
Over the whole period, current account balance in Macau, China peaked at 40.4% in 2011 and was at its lowest, 6.7%, in 2021.
That places Macau, China 2nd out of 200 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 23 years of available data.
Current account balance in Macau, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 31.5% | — |
| 2003 | 30.6% | -2.9% |
| 2004 | 33.0% | +7.6% |
| 2005 | 23.7% | -28.2% |
| 2006 | 14.9% | -37.0% |
| 2007 | 21.7% | +45.6% |
| 2008 | 15.6% | -28.2% |
| 2009 | 27.6% | +77.1% |
| 2010 | 38.9% | +41.3% |
| 2011 | 40.4% | +3.8% |
| 2012 | 38.8% | -3.8% |
| 2013 | 39.3% | +1.3% |
| 2014 | 32.7% | -16.9% |
| 2015 | 23.0% | -29.8% |
| 2016 | 26.1% | +13.9% |
| 2017 | 30.4% | +16.2% |
| 2018 | 32.4% | +6.8% |
| 2019 | 32.8% | +1.0% |
| 2020 | 13.0% | -60.2% |
| 2021 | 6.7% | -48.4% |
| 2022 | 12.0% | +78.0% |
| 2023 | 29.3% | +144.5% |
| 2024 | 33.7% | +15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.8% | 14.9% | 33.0% | 8 |
| 2010s | 33.5% | 23.0% | 40.4% | 10 |
| 2020s | 19.0% | 6.7% | 33.7% | 5 |
Countries ranked near Macau, China
- 1 Tuvalu 40.0% compare
- 3 Kuwait 22.7% compare
- 4 San Marino 22.0% compare
- 5 Marshall Islands 21.9% compare
More economy & growth data for Macau, China
- Gross value added at basic prices (GVA) (constant 2015 US$), per 64,085 constant 2015 US$ per person (2024)
- Domestic currency per US dollar (End-of-period (EoP)) 8.02 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 10.98 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0911 (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 8.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.89 constant 2015 US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 1,317 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0183 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 163.91 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 557,923 constant LCU per person (2024)
Frequently asked questions
- What is current account balance in Macau, China?
- Current account balance in Macau, China was 33.7% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Macau, China?
- The highest recorded value was 40.4% in 2011.
- What is the lowest current account balance recorded in Macau, China?
- The lowest recorded value was 6.7% in 2021.
- How does Macau, China rank for current account balance?
- Macau, China ranks 2nd out of 200 countries with data for 2024.
- Is current account balance rising or falling in Macau, China?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Macau, China data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.