Gross capital formation in Macao
Macao: Gross capital formation was -7.8% in 2025. ◆ Volatile
Gross capital formation in Macao, 1983–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Macao is -7.8%, measured in 2025.
The figure is down 913.3% on the previous year and down 335.6% over ten years.
Over the whole period, gross capital formation in Macao peaked at 60.2% in 2005 and was at its lowest, -33.5%, in 2009.
That places Macao 154th out of 168 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Macao, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1983 | 24.9% | — |
| 1984 | -5.3% | -121.3% |
| 1985 | 6.0% | -212.6% |
| 1986 | 18.6% | +211.8% |
| 1987 | 6.7% | -63.9% |
| 1988 | 15.9% | +136.7% |
| 1989 | 0.5% | -96.6% |
| 1990 | 6.0% | +1009.5% |
| 1991 | 30.8% | +414.1% |
| 1992 | 34.5% | +11.8% |
| 1993 | 4.5% | -86.9% |
| 1994 | 1.9% | -57.1% |
| 1995 | -9.8% | -605.3% |
| 1996 | -19.2% | +96.0% |
| 1997 | -2.7% | -85.8% |
| 1998 | -14.2% | +419.7% |
| 1999 | 3.8% | -126.7% |
| 2000 | -30.0% | -890.4% |
| 2001 | -4.6% | -84.8% |
| 2002 | 12.4% | -372.1% |
| 2003 | 47.8% | +285.4% |
| 2004 | 40.0% | -16.4% |
| 2005 | 60.2% | +50.5% |
| 2006 | 42.0% | -30.2% |
| 2007 | 23.1% | -45.1% |
| 2008 | -14.2% | -161.7% |
| 2009 | -33.5% | +135.5% |
| 2010 | -12.0% | -64.2% |
| 2011 | 23.6% | -296.6% |
| 2012 | 17.0% | -27.9% |
| 2013 | 6.8% | -59.9% |
| 2014 | 36.4% | +433.6% |
| 2015 | 3.3% | -91.0% |
| 2016 | -13.7% | -515.0% |
| 2017 | -4.2% | -69.4% |
| 2018 | -5.9% | +42.2% |
| 2019 | -18.3% | +208.7% |
| 2020 | -16.4% | -10.7% |
| 2021 | 1.1% | -106.8% |
| 2022 | -19.2% | -1831.6% |
| 2023 | 20.8% | -208.1% |
| 2024 | 1.0% | -95.4% |
| 2025 | -7.8% | -913.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.6% | -5.3% | 24.9% | 7 |
| 1990s | 3.6% | -19.2% | 34.5% | 10 |
| 2000s | 14.3% | -33.5% | 60.2% | 10 |
| 2010s | 3.3% | -18.3% | 36.4% | 10 |
| 2020s | -3.4% | -19.2% | 20.8% | 6 |
Countries ranked near Macao
More economy & growth data for Macao
- Gdp worldbank constant usd, per capita 66,444 units per person (2025)
- Gross domestic savings (current US$), per unit of GDP 0.5768 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 43,783 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 7.57 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gross domestic savings (current LCU), per unit of GDP 4.63 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 351,566 current LCU per person (2025)
- Gdp worldbank constant usd, annual growth rate 4.67 % change on previous year (2025)
- Gross domestic savings (current US$), annual growth rate 7.67 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Macao?
- Gross capital formation in Macao was -7.8% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Macao?
- The highest recorded value was 60.2% in 2005.
- What is the lowest gross capital formation recorded in Macao?
- The lowest recorded value was -33.5% in 2009.
- How does Macao rank for gross capital formation?
- Macao ranks 154th out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in Macao?
- Over the last ten years it is down 335.6%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.