External balance on goods and services as a percent of GDP in Macau, China

Macau, China: External balance on goods and services as a percent of GDP was 45.4% in 2025. ◆ Volatile

Latest (2025)
45.4%
Change on year
up 7.4%
World rank
1st
of 191 countries
All-time high
59.9%
in 2013
All-time low
-0.8%
in 2022
Years of data
44
1982–2025

External balance on goods and services as a percent of GDP in Macau, China, 1982–2025

02040601982200320251982: 11 % of GDP1983: 10.7 % of GDP1984: 17.2 % of GDP1985: 13.6 % of GDP1986: 11.8 % of GDP1987: 18.5 % of GDP1988: 16.6 % of GDP1989: 17.7 % of GDP1990: 20.8 % of GDP1991: 14.7 % of GDP1992: 17.1 % of GDP1993: 17.7 % of GDP1994: 16.7 % of GDP1995: 22.6 % of GDP1996: 25.7 % of GDP1997: 24.6 % of GDP1998: 23.5 % of GDP1999: 20.1 % of GDP2000: 30.8 % of GDP2001: 32.4 % of GDP2002: 34.1 % of GDP2003: 34.9 % of GDP2004: 40.6 % of GDP2005: 32.4 % of GDP2006: 28.3 % of GDP2007: 27.1 % of GDP2008: 32.8 % of GDP2009: 43.5 % of GDP2010: 54.9 % of GDP2011: 57.8 % of GDP2012: 57.8 % of GDP2013: 59.9 % of GDP2014: 52.6 % of GDP2015: 38.2 % of GDP2016: 40.7 % of GDP2017: 45.8 % of GDP2018: 49.1 % of GDP2019: 50.1 % of GDP2020: -0.104 % of GDP2021: 12.5 % of GDP2022: -0.785 % of GDP2023: 39 % of GDP2024: 42.3 % of GDP2025: 45.4 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for external balance on goods and services as a percent of gdp in Macau, China is 45.4%, measured in 2025.

That represents a change of up 7.4% on the previous year and up 19.1% over ten years.

Over the whole period, external balance on goods and services as a percent of gdp in Macau, China peaked at 59.9% in 2013 and was at its lowest, -0.8%, in 2022.

That places Macau, China 1st out of 191 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

External balance on goods and services as a percent of GDP in Macau, China, year by year

Annual values for External balance on goods and services as a percent of GDP in Macau, China, 1982 to 2025.
Year % of GDP Change
1982 11.0%
1983 10.7% -2.6%
1984 17.2% +60.2%
1985 13.6% -20.9%
1986 11.8% -13.2%
1987 18.5% +56.9%
1988 16.6% -10.1%
1989 17.7% +6.2%
1990 20.8% +17.9%
1991 14.7% -29.2%
1992 17.1% +15.7%
1993 17.7% +4.0%
1994 16.7% -5.8%
1995 22.6% +35.3%
1996 25.7% +13.6%
1997 24.6% -4.2%
1998 23.5% -4.6%
1999 20.1% -14.2%
2000 30.8% +52.8%
2001 32.4% +5.4%
2002 34.1% +5.3%
2003 34.9% +2.3%
2004 40.6% +16.3%
2005 32.4% -20.3%
2006 28.3% -12.6%
2007 27.1% -4.3%
2008 32.8% +21.0%
2009 43.5% +32.6%
2010 54.9% +26.3%
2011 57.8% +5.3%
2012 57.8% +0.1%
2013 59.9% +3.5%
2014 52.6% -12.1%
2015 38.2% -27.5%
2016 40.7% +6.7%
2017 45.8% +12.6%
2018 49.1% +7.2%
2019 50.1% +1.9%
2020 -0.1% -100.2%
2021 12.5% -12039.7%
2022 -0.8% -106.3%
2023 39.0% -5064.0%
2024 42.3% +8.6%
2025 45.4% +7.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.7% 10.7% 18.5% 8
1990s 20.4% 14.7% 25.7% 10
2000s 33.7% 27.1% 43.5% 10
2010s 50.7% 38.2% 59.9% 10
2020s 23.0% -0.8% 45.4% 6

Countries ranked near Macau, China

  1. 2 Ireland 40.2% compare
  2. 3 Qatar 37.0% compare
  3. 4 Singapore 35.4% compare

See the full ranking of 191 places →

More economy & growth data for Macau, China

All data for Macau, China →

Frequently asked questions

What is external balance on goods and services as a percent of gdp in Macau, China?
External balance on goods and services as a percent of gdp in Macau, China was 45.4% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest external balance on goods and services as a percent of gdp recorded in Macau, China?
The highest recorded value was 59.9% in 2013.
What is the lowest external balance on goods and services as a percent of gdp recorded in Macau, China?
The lowest recorded value was -0.8% in 2022.
How does Macau, China rank for external balance on goods and services as a percent of gdp?
Macau, China ranks 1st out of 191 countries with data for 2025.
Is external balance on goods and services as a percent of gdp rising or falling in Macau, China?
Over the last ten years it is up 19.1%. The long-run trend across the full record is volatile.
Where does this Macau, China data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.

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External balance on goods and services as a percent of GDP in Macau, China. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-as-a-percent-of-gdp/macao-sar-china/

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About this data

Indicator
External balance on goods and services as a percent of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.