Gross domestic product (GDP) in Macao
Macao: Gross domestic product (GDP) was 46.16 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
46.16 billion international-$ in 2021 prices
Change on year
up 105.5%
World rank
124th
of 184 countries
All-time high
91.48 billion international-$ in 2021 prices
in 2014
All-time low
1.71 billion international-$ in 2021 prices
in 1970
Years of data
54
1970–2023
Gross domestic product (GDP) in Macao, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Macao is 46.16 billion international-$ in 2021 prices, measured in 2023.
Compared with earlier readings it is up 105.5% on the previous year and down 47.0% over ten years.
Over the whole period, gross domestic product (gdp) in Macao peaked at 91.48 billion international-$ in 2021 prices in 2014 and was at its lowest, 1.71 billion international-$ in 2021 prices, in 1970.
Macao ranks 124th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Macao, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 1.71 billion international-$ in 2021 prices | — |
| 1971 | 1.84 billion international-$ in 2021 prices | +7.9% |
| 1972 | 2.00 billion international-$ in 2021 prices | +8.5% |
| 1973 | 2.47 billion international-$ in 2021 prices | +23.5% |
| 1974 | 2.56 billion international-$ in 2021 prices | +3.8% |
| 1975 | 2.76 billion international-$ in 2021 prices | +7.8% |
| 1976 | 2.88 billion international-$ in 2021 prices | +4.1% |
| 1977 | 3.14 billion international-$ in 2021 prices | +9.0% |
| 1978 | 3.42 billion international-$ in 2021 prices | +8.9% |
| 1979 | 3.62 billion international-$ in 2021 prices | +6.0% |
| 1980 | 3.85 billion international-$ in 2021 prices | +6.3% |
| 1981 | 4.17 billion international-$ in 2021 prices | +8.2% |
| 1982 | 4.29 billion international-$ in 2021 prices | +3.0% |
| 1983 | 4.92 billion international-$ in 2021 prices | +14.5% |
| 1984 | 5.29 billion international-$ in 2021 prices | +7.5% |
| 1985 | 5.29 billion international-$ in 2021 prices | +0.1% |
| 1986 | 5.86 billion international-$ in 2021 prices | +10.8% |
| 1987 | 6.93 billion international-$ in 2021 prices | +18.2% |
| 1988 | 7.71 billion international-$ in 2021 prices | +11.2% |
| 1989 | 8.30 billion international-$ in 2021 prices | +7.7% |
| 1990 | 9.54 billion international-$ in 2021 prices | +15.0% |
| 1991 | 10.58 billion international-$ in 2021 prices | +10.9% |
| 1992 | 12.39 billion international-$ in 2021 prices | +17.1% |
| 1993 | 13.14 billion international-$ in 2021 prices | +6.1% |
| 1994 | 13.74 billion international-$ in 2021 prices | +4.5% |
| 1995 | 14.68 billion international-$ in 2021 prices | +6.8% |
| 1996 | 14.47 billion international-$ in 2021 prices | -1.4% |
| 1997 | 14.35 billion international-$ in 2021 prices | -0.9% |
| 1998 | 13.95 billion international-$ in 2021 prices | -2.8% |
| 1999 | 13.85 billion international-$ in 2021 prices | -0.7% |
| 2000 | 14.67 billion international-$ in 2021 prices | +5.9% |
| 2001 | 14.95 billion international-$ in 2021 prices | +1.9% |
| 2002 | 16.59 billion international-$ in 2021 prices | +11.0% |
| 2003 | 19.41 billion international-$ in 2021 prices | +17.0% |
| 2004 | 24.50 billion international-$ in 2021 prices | +26.2% |
| 2005 | 26.19 billion international-$ in 2021 prices | +6.9% |
| 2006 | 30.55 billion international-$ in 2021 prices | +16.6% |
| 2007 | 36.67 billion international-$ in 2021 prices | +20.0% |
| 2008 | 41.39 billion international-$ in 2021 prices | +12.9% |
| 2009 | 45.61 billion international-$ in 2021 prices | +10.2% |
| 2010 | 60.91 billion international-$ in 2021 prices | +33.6% |
| 2011 | 82.83 billion international-$ in 2021 prices | +36.0% |
| 2012 | 87.87 billion international-$ in 2021 prices | +6.1% |
| 2013 | 87.06 billion international-$ in 2021 prices | -0.9% |
| 2014 | 91.48 billion international-$ in 2021 prices | +5.1% |
| 2015 | 64.43 billion international-$ in 2021 prices | -29.6% |
| 2016 | 60.60 billion international-$ in 2021 prices | -5.9% |
| 2017 | 63.27 billion international-$ in 2021 prices | +4.4% |
| 2018 | 68.89 billion international-$ in 2021 prices | +8.9% |
| 2019 | 66.13 billion international-$ in 2021 prices | -4.0% |
| 2020 | 29.81 billion international-$ in 2021 prices | -54.9% |
| 2021 | 28.89 billion international-$ in 2021 prices | -3.1% |
| 2022 | 22.47 billion international-$ in 2021 prices | -22.2% |
| 2023 | 46.16 billion international-$ in 2021 prices | +105.5% |
Macao compared with similar countries
- Macao's 46.16 billion international-$ in 2021 prices is below the median for high income countries, which is 277.84 billion international-$ in 2021 prices, 17% of the median. (66 countries reporting)
- Macao's 46.16 billion international-$ in 2021 prices is below the median for East Asia & Pacific, which is 596.79 billion international-$ in 2021 prices, 8% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +105.5% | 22.47 billion international-$ in 2021 prices | 46.16 billion international-$ in 2021 prices |
| 2020 | -54.9% | 66.13 billion international-$ in 2021 prices | 29.81 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.64 billion international-$ in 2021 prices | 1.71 billion international-$ in 2021 prices | 3.62 billion international-$ in 2021 prices | 10 |
| 1980s | 5.66 billion international-$ in 2021 prices | 3.85 billion international-$ in 2021 prices | 8.30 billion international-$ in 2021 prices | 10 |
| 1990s | 13.07 billion international-$ in 2021 prices | 9.54 billion international-$ in 2021 prices | 14.68 billion international-$ in 2021 prices | 10 |
| 2000s | 27.05 billion international-$ in 2021 prices | 14.67 billion international-$ in 2021 prices | 45.61 billion international-$ in 2021 prices | 10 |
| 2010s | 73.35 billion international-$ in 2021 prices | 60.60 billion international-$ in 2021 prices | 91.48 billion international-$ in 2021 prices | 10 |
| 2020s | 31.83 billion international-$ in 2021 prices | 22.47 billion international-$ in 2021 prices | 46.16 billion international-$ in 2021 prices | 4 |
Countries ranked near Macao
- 121 Nicaragua 50.06 billion international-$ in 2021 prices compare
- 122 Gabon 49.00 billion international-$ in 2021 prices compare
- 123 Benin 49.00 billion international-$ in 2021 prices compare
- 125 Botswana 45.59 billion international-$ in 2021 prices compare
- 126 Albania 44.90 billion international-$ in 2021 prices compare
- 127 Rwanda 43.79 billion international-$ in 2021 prices compare
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 74,350 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.02 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0988 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,499 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.3012 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 22,860 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.4232 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Macao?
- Gross domestic product (gdp) in Macao was 46.16 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Macao?
- The highest recorded value was 91.48 billion international-$ in 2021 prices in 2014.
- What is the lowest gross domestic product (gdp) recorded in Macao?
- The lowest recorded value was 1.71 billion international-$ in 2021 prices in 1970.
- How does Macao rank for gross domestic product (gdp)?
- Macao ranks 124th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Macao?
- Over the last ten years it is down 47.0%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.