Gross capital formation (constant LCU), annual growth rate in Macao

Macao: Gross capital formation (constant LCU), annual growth rate was -7.76 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-7.76 % change on previous year
Change on year
down 913.3%
World rank
156th
of 169 countries
All-time high
60.17 % change on previous year
in 2005
All-time low
-33.52 % change on previous year
in 2009
Years of data
43
1983–2025

Gross capital formation (constant LCU), annual growth rate in Macao, 1983–2025

-40-2002040601983200420251983: 24.9 % change on previous year1984: -5.3 % change on previous year1985: 6 % change on previous year1986: 18.6 % change on previous year1987: 6.7 % change on previous year1988: 15.9 % change on previous year1989: 0.54 % change on previous year1990: 6 % change on previous year1991: 30.8 % change on previous year1992: 34.5 % change on previous year1993: 4.5 % change on previous year1994: 1.9 % change on previous year1995: -9.8 % change on previous year1996: -19.2 % change on previous year1997: -2.7 % change on previous year1998: -14.2 % change on previous year1999: 3.8 % change on previous year2000: -30 % change on previous year2001: -4.6 % change on previous year2002: 12.4 % change on previous year2003: 47.8 % change on previous year2004: 40 % change on previous year2005: 60.2 % change on previous year2006: 42 % change on previous year2007: 23.1 % change on previous year2008: -14.2 % change on previous year2009: -33.5 % change on previous year2010: -12 % change on previous year2011: 23.6 % change on previous year2012: 17 % change on previous year2013: 6.8 % change on previous year2014: 36.4 % change on previous year2015: 3.3 % change on previous year2016: -13.7 % change on previous year2017: -4.2 % change on previous year2018: -5.9 % change on previous year2019: -18.3 % change on previous year2020: -16.4 % change on previous year2021: 1.1 % change on previous year2022: -19.2 % change on previous year2023: 20.8 % change on previous year2024: 0.954 % change on previous year2025: -7.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross capital formation (constant lcu), annual growth rate in Macao is -7.76 % change on previous year, measured in 2025.

Compared with earlier readings it is down 913.3% on the previous year and down 335.6% over ten years.

Over the whole period, gross capital formation (constant lcu), annual growth rate in Macao peaked at 60.17 % change on previous year in 2005 and was at its lowest, -33.52 % change on previous year, in 2009.

That places Macao 156th out of 169 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 (constant LCU), annual growth rate in Macao, year by year

Annual values for Gross capital formation (constant LCU), annual growth rate in Macao, 1983 to 2025.
Year % change on previous year Change
1983 24.94 % change on previous year
1984 -5.31 % change on previous year -121.3%
1985 5.98 % change on previous year -212.6%
1986 18.64 % change on previous year +211.8%
1987 6.72 % change on previous year -63.9%
1988 15.92 % change on previous year +136.7%
1989 0.5402 % change on previous year -96.6%
1990 5.99 % change on previous year +1009.5%
1991 30.81 % change on previous year +414.1%
1992 34.45 % change on previous year +11.8%
1993 4.53 % change on previous year -86.9%
1994 1.94 % change on previous year -57.1%
1995 -9.81 % change on previous year -605.3%
1996 -19.22 % change on previous year +96.0%
1997 -2.74 % change on previous year -85.8%
1998 -14.22 % change on previous year +419.7%
1999 3.8 % change on previous year -126.7%
2000 -30.02 % change on previous year -890.4%
2001 -4.56 % change on previous year -84.8%
2002 12.41 % change on previous year -372.1%
2003 47.82 % change on previous year +285.4%
2004 39.98 % change on previous year -16.4%
2005 60.17 % change on previous year +50.5%
2006 41.98 % change on previous year -30.2%
2007 23.05 % change on previous year -45.1%
2008 -14.23 % change on previous year -161.7%
2009 -33.52 % change on previous year +135.5%
2010 -12 % change on previous year -64.2%
2011 23.58 % change on previous year -296.6%
2012 17 % change on previous year -27.9%
2013 6.82 % change on previous year -59.9%
2014 36.41 % change on previous year +433.6%
2015 3.29 % change on previous year -91.0%
2016 -13.67 % change on previous year -515.0%
2017 -4.18 % change on previous year -69.4%
2018 -5.94 % change on previous year +42.2%
2019 -18.34 % change on previous year +208.7%
2020 -16.39 % change on previous year -10.7%
2021 1.11 % change on previous year -106.8%
2022 -19.21 % change on previous year -1831.6%
2023 20.76 % change on previous year -208.1%
2024 0.9542 % change on previous year -95.4%
2025 -7.76 % change on previous year -913.3%

Macao compared with similar countries

  • Macao's -7.76 % change on previous year is below the median for high income countries, which is 2.93 % change on previous year. (58 countries reporting)
  • Macao's -7.76 % change on previous year is below the median for East Asia & Pacific, which is 4.03 % change on previous year. (23 countries reporting)

Biggest year-on-year movements

Years where Gross capital formation (constant LCU), annual growth rate 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.

YearChange FromTo
2022 -1831.6% 1.11 % change on previous year -19.21 % change on previous year
1990 +1009.5% 0.5402 % change on previous year 5.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.63 % change on previous year -5.31 % change on previous year 24.94 % change on previous year 7
1990s 3.55 % change on previous year -19.22 % change on previous year 34.45 % change on previous year 10
2000s 14.31 % change on previous year -33.52 % change on previous year 60.17 % change on previous year 10
2010s 3.3 % change on previous year -18.34 % change on previous year 36.41 % change on previous year 10
2020s -3.42 % change on previous year -19.21 % change on previous year 20.76 % change on previous year 6

Countries ranked near Macao

  1. 153 Guinea-Bissau -6.36 % change on previous year compare
  2. 154 Panama -7.13 % change on previous year compare
  3. 155 Mongolia -7.24 % change on previous year compare
  4. 157 Central African Republic -8.65 % change on previous year compare
  5. 158 Togo -10.26 % change on previous year compare
  6. 159 Qatar -10.39 % change on previous year compare

See the full ranking of 169 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is gross capital formation (constant lcu), annual growth rate in Macao?
Gross capital formation (constant lcu), annual growth rate in Macao was -7.76 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), annual growth rate recorded in Macao?
The highest recorded value was 60.17 % change on previous year in 2005.
What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Macao?
The lowest recorded value was -33.52 % change on previous year in 2009.
How does Macao rank for gross capital formation (constant lcu), annual growth rate?
Macao ranks 156th out of 169 countries with data for 2025.
Is gross capital formation (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), annual growth rate in Macao. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-annual-growth-rate/macao-sar-china/

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How this figure is calculated

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 6,879 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.