Gross capital formation in Macao
Macao: Gross capital formation was 6.38 billion current US$ in 2025. ◆ Volatile
Latest (2025)
6.38 billion current US$
Change on year
down 8.5%
World rank
110th
of 187 countries
All-time high
11.41 billion current US$
in 2015
All-time low
251.37 million current 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 current US$.
Analysis
In 2025, gross capital formation in Macao stood at 6.38 billion current US$.
Compared with earlier readings it is down 8.5% on the previous year and down 44.1% over ten years.
Over the whole period, gross capital formation in Macao peaked at 11.41 billion current US$ in 2015 and was at its lowest, 251.37 million current US$, in 1982.
Macao ranks 110th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1982 | 251.37 million current US$ | — |
| 1983 | 276.39 million current US$ | +10.0% |
| 1984 | 290.22 million current US$ | +5.0% |
| 1985 | 309.55 million current US$ | +6.7% |
| 1986 | 385.62 million current US$ | +24.6% |
| 1987 | 485.90 million current US$ | +26.0% |
| 1988 | 575.21 million current US$ | +18.4% |
| 1989 | 664.81 million current US$ | +15.6% |
| 1990 | 740.56 million current US$ | +11.4% |
| 1991 | 1.04 billion current US$ | +40.4% |
| 1992 | 1.57 billion current US$ | +51.4% |
| 1993 | 1.81 billion current US$ | +15.1% |
| 1994 | 2.02 billion current US$ | +11.4% |
| 1995 | 1.85 billion current US$ | -8.1% |
| 1996 | 1.41 billion current US$ | -24.1% |
| 1997 | 1.36 billion current US$ | -3.6% |
| 1998 | 1.09 billion current US$ | -19.9% |
| 1999 | 1.04 billion current US$ | -4.7% |
| 2000 | 703.10 million current US$ | -32.2% |
| 2001 | 633.97 million current US$ | -9.8% |
| 2002 | 728.95 million current US$ | +15.0% |
| 2003 | 1.12 billion current US$ | +54.2% |
| 2004 | 1.71 billion current US$ | +52.1% |
| 2005 | 3.11 billion current US$ | +81.6% |
| 2006 | 4.99 billion current US$ | +60.6% |
| 2007 | 6.74 billion current US$ | +35.2% |
| 2008 | 6.39 billion current US$ | -5.1% |
| 2009 | 3.99 billion current US$ | -37.5% |
| 2010 | 3.74 billion current US$ | -6.4% |
| 2011 | 5.07 billion current US$ | +35.7% |
| 2012 | 6.33 billion current US$ | +24.7% |
| 2013 | 7.25 billion current US$ | +14.6% |
| 2014 | 10.87 billion current US$ | +49.9% |
| 2015 | 11.41 billion current US$ | +5.0% |
| 2016 | 9.85 billion current US$ | -13.7% |
| 2017 | 9.87 billion current US$ | +0.2% |
| 2018 | 9.52 billion current US$ | -3.5% |
| 2019 | 7.80 billion current US$ | -18.1% |
| 2020 | 6.62 billion current US$ | -15.2% |
| 2021 | 7.07 billion current US$ | +6.9% |
| 2022 | 5.78 billion current US$ | -18.2% |
| 2023 | 6.98 billion current US$ | +20.7% |
| 2024 | 6.97 billion current US$ | -0.2% |
| 2025 | 6.38 billion current US$ | -8.5% |
Macao compared with similar countries
- Macao's 6.38 billion current US$ is below the median for high income countries, which is 48.39 billion current US$, 13% of the median. (67 countries reporting)
- Macao's 6.38 billion current US$ is above the median for East Asia & Pacific, which is 6.38 billion current US$, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 404.88 million current US$ | 251.37 million current US$ | 664.81 million current US$ | 8 |
| 1990s | 1.39 billion current US$ | 740.56 million current US$ | 2.02 billion current US$ | 10 |
| 2000s | 3.01 billion current US$ | 633.97 million current US$ | 6.74 billion current US$ | 10 |
| 2010s | 8.17 billion current US$ | 3.74 billion current US$ | 11.41 billion current US$ | 10 |
| 2020s | 6.63 billion current US$ | 5.78 billion current US$ | 7.07 billion current US$ | 6 |
Countries ranked near Macao
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 6.38 billion current 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 current US$ in 2015.
- What is the lowest gross capital formation recorded in Macao?
- The lowest recorded value was 251.37 million current US$ in 1982.
- How does Macao rank for gross capital formation?
- Macao ranks 110th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Macao?
- Over the last ten years it is down 44.1%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.