Gross capital formation in Macao
Macao: Gross capital formation was 5.57 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
5.57 billion constant 2015 US$
Change on year
down 7.8%
World rank
104th
of 163 countries
All-time high
11.41 billion constant 2015 US$
in 2015
All-time low
1.04 billion constant 2015 US$
in 1982
Years of data
44
1982–2025
Gross capital formation in Macao, 1982–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross capital formation in Macao stood at 5.57 billion constant 2015 US$.
The figure is down 7.8% on the previous year and down 51.2% over ten years.
Over the whole period, gross capital formation in Macao peaked at 11.41 billion constant 2015 US$ in 2015 and was at its lowest, 1.04 billion constant 2015 US$, in 1982.
That places Macao 104th out of 163 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Macao, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1982 | 1.04 billion constant 2015 US$ | — |
| 1983 | 1.30 billion constant 2015 US$ | +24.9% |
| 1984 | 1.23 billion constant 2015 US$ | -5.3% |
| 1985 | 1.30 billion constant 2015 US$ | +6.0% |
| 1986 | 1.54 billion constant 2015 US$ | +18.6% |
| 1987 | 1.65 billion constant 2015 US$ | +6.7% |
| 1988 | 1.91 billion constant 2015 US$ | +15.9% |
| 1989 | 1.92 billion constant 2015 US$ | +0.5% |
| 1990 | 2.03 billion constant 2015 US$ | +6.0% |
| 1991 | 2.66 billion constant 2015 US$ | +30.8% |
| 1992 | 3.58 billion constant 2015 US$ | +34.5% |
| 1993 | 3.74 billion constant 2015 US$ | +4.5% |
| 1994 | 3.81 billion constant 2015 US$ | +1.9% |
| 1995 | 3.44 billion constant 2015 US$ | -9.8% |
| 1996 | 2.78 billion constant 2015 US$ | -19.2% |
| 1997 | 2.70 billion constant 2015 US$ | -2.7% |
| 1998 | 2.32 billion constant 2015 US$ | -14.2% |
| 1999 | 2.40 billion constant 2015 US$ | +3.8% |
| 2000 | 1.68 billion constant 2015 US$ | -30.0% |
| 2001 | 1.61 billion constant 2015 US$ | -4.6% |
| 2002 | 1.81 billion constant 2015 US$ | +12.4% |
| 2003 | 2.67 billion constant 2015 US$ | +47.8% |
| 2004 | 3.74 billion constant 2015 US$ | +40.0% |
| 2005 | 5.98 billion constant 2015 US$ | +60.2% |
| 2006 | 8.49 billion constant 2015 US$ | +42.0% |
| 2007 | 10.45 billion constant 2015 US$ | +23.1% |
| 2008 | 8.96 billion constant 2015 US$ | -14.2% |
| 2009 | 5.96 billion constant 2015 US$ | -33.5% |
| 2010 | 5.24 billion constant 2015 US$ | -12.0% |
| 2011 | 6.48 billion constant 2015 US$ | +23.6% |
| 2012 | 7.58 billion constant 2015 US$ | +17.0% |
| 2013 | 8.10 billion constant 2015 US$ | +6.8% |
| 2014 | 11.05 billion constant 2015 US$ | +36.4% |
| 2015 | 11.41 billion constant 2015 US$ | +3.3% |
| 2016 | 9.85 billion constant 2015 US$ | -13.7% |
| 2017 | 9.44 billion constant 2015 US$ | -4.2% |
| 2018 | 8.88 billion constant 2015 US$ | -5.9% |
| 2019 | 7.25 billion constant 2015 US$ | -18.3% |
| 2020 | 6.06 billion constant 2015 US$ | -16.4% |
| 2021 | 6.13 billion constant 2015 US$ | +1.1% |
| 2022 | 4.95 billion constant 2015 US$ | -19.2% |
| 2023 | 5.98 billion constant 2015 US$ | +20.8% |
| 2024 | 6.04 billion constant 2015 US$ | +1.0% |
| 2025 | 5.57 billion constant 2015 US$ | -7.8% |
Macao compared with similar countries
- Macao's 5.57 billion constant 2015 US$ is below the median for high income countries, which is 50.23 billion constant 2015 US$, 11% of the median. (58 countries reporting)
- Macao's 5.57 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 6.48 billion constant 2015 US$, 86% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.48 billion constant 2015 US$ | 1.04 billion constant 2015 US$ | 1.92 billion constant 2015 US$ | 8 |
| 1990s | 2.95 billion constant 2015 US$ | 2.03 billion constant 2015 US$ | 3.81 billion constant 2015 US$ | 10 |
| 2000s | 5.14 billion constant 2015 US$ | 1.61 billion constant 2015 US$ | 10.45 billion constant 2015 US$ | 10 |
| 2010s | 8.53 billion constant 2015 US$ | 5.24 billion constant 2015 US$ | 11.41 billion constant 2015 US$ | 10 |
| 2020s | 5.79 billion constant 2015 US$ | 4.95 billion constant 2015 US$ | 6.13 billion constant 2015 US$ | 6 |
Countries ranked near Macao
- 101 Benin 5.97 billion constant 2015 US$ compare
- 102 Mali 5.80 billion constant 2015 US$ compare
- 103 Georgia 5.60 billion constant 2015 US$ compare
- 105 Kyrgyzstan 5.40 billion constant 2015 US$ compare
- 106 Nicaragua 5.40 billion constant 2015 US$ compare
- 107 Mauritania 5.28 billion constant 2015 US$ 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 capital formation in Macao?
- Gross capital formation in Macao was 5.57 billion constant 2015 US$ 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 11.41 billion constant 2015 US$ in 2015.
- What is the lowest gross capital formation recorded in Macao?
- The lowest recorded value was 1.04 billion constant 2015 US$ in 1982.
- How does Macao rank for gross capital formation?
- Macao ranks 104th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Macao?
- Over the last ten years it is down 51.2%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.