Gross Domestic Product — Value Standard Local Currency, annual growth in China, Macao SAR
China, Macao SAR: Gross Domestic Product — Value Standard Local Currency, annual growth was 9.2 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in China, Macao SAR, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
China, Macao SAR recorded 9.2 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.
The figure is down 88.9% on the previous year and up 41.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in China, Macao SAR peaked at 83.18 % change on previous year in 2023 and was at its lowest, -54.45 % change on previous year, in 2020.
That places China, Macao SAR 68th out of 218 countries with data for 2024, 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 Domestic Product — Value Standard Local Currency, annual growth in China, Macao SAR, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 17.66 % change on previous year | — |
| 1972 | 17.68 % change on previous year | +0.1% |
| 1973 | 17.66 % change on previous year | -0.1% |
| 1974 | 17.65 % change on previous year | -0.1% |
| 1975 | 17.73 % change on previous year | +0.5% |
| 1976 | 17.6 % change on previous year | -0.7% |
| 1977 | 17.61 % change on previous year | +0.0% |
| 1978 | 17.99 % change on previous year | +2.2% |
| 1979 | 17.21 % change on previous year | -4.3% |
| 1980 | 17.63 % change on previous year | +2.4% |
| 1981 | 19.14 % change on previous year | +8.6% |
| 1982 | 14.94 % change on previous year | -21.9% |
| 1983 | 18.89 % change on previous year | +26.4% |
| 1984 | 23.93 % change on previous year | +26.7% |
| 1985 | 3.95 % change on previous year | -83.5% |
| 1986 | 12.68 % change on previous year | +221.1% |
| 1987 | 27.73 % change on previous year | +118.6% |
| 1988 | 17.36 % change on previous year | -37.4% |
| 1989 | 18.12 % change on previous year | +4.4% |
| 1990 | 19.8 % change on previous year | +9.3% |
| 1991 | 15.74 % change on previous year | -20.5% |
| 1992 | 30 % change on previous year | +90.6% |
| 1993 | 15.22 % change on previous year | -49.3% |
| 1994 | 11.29 % change on previous year | -25.8% |
| 1995 | 11.75 % change on previous year | +4.0% |
| 1996 | 1.84 % change on previous year | -84.4% |
| 1997 | 1.38 % change on previous year | -25.1% |
| 1998 | -6.42 % change on previous year | -566.6% |
| 1999 | -3.52 % change on previous year | -45.2% |
| 2000 | 3.9 % change on previous year | -210.8% |
| 2001 | 1.37 % change on previous year | -65.0% |
| 2002 | 7.45 % change on previous year | +445.4% |
| 2003 | 11.7 % change on previous year | +56.9% |
| 2004 | 29.08 % change on previous year | +148.6% |
| 2005 | 14.09 % change on previous year | -51.5% |
| 2006 | 22.17 % change on previous year | +57.3% |
| 2007 | 24.51 % change on previous year | +10.5% |
| 2008 | 13.81 % change on previous year | -43.7% |
| 2009 | 2.21 % change on previous year | -84.0% |
| 2010 | 31.12 % change on previous year | +1309.1% |
| 2011 | 30.73 % change on previous year | -1.3% |
| 2012 | 16.8 % change on previous year | -45.3% |
| 2013 | 19.32 % change on previous year | +15.0% |
| 2014 | 6.5 % change on previous year | -66.3% |
| 2015 | -17.97 % change on previous year | -376.3% |
| 2016 | 0.1768 % change on previous year | -101.0% |
| 2017 | 12.22 % change on previous year | +6811.8% |
| 2018 | 10.18 % change on previous year | -16.7% |
| 2019 | -0.2215 % change on previous year | -102.2% |
| 2020 | -54.45 % change on previous year | +24480.2% |
| 2021 | 22.45 % change on previous year | -141.2% |
| 2022 | -18.68 % change on previous year | -183.2% |
| 2023 | 83.18 % change on previous year | -545.4% |
| 2024 | 9.2 % change on previous year | -88.9% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual growth in China, Macao SAR 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 |
|---|---|---|---|
| 2020 | -24480.2% | -0.2215 % change on previous year | -54.45 % change on previous year |
| 2017 | +6811.8% | 0.1768 % change on previous year | 12.22 % change on previous year |
| 2010 | +1309.1% | 2.21 % change on previous year | 31.12 % change on previous year |
| 1998 | -566.6% | 1.38 % change on previous year | -6.42 % change on previous year |
| 2023 | +545.4% | -18.68 % change on previous year | 83.18 % change on previous year |
| 2002 | +445.4% | 1.37 % change on previous year | 7.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.65 % change on previous year | 17.21 % change on previous year | 17.99 % change on previous year | 9 |
| 1980s | 17.44 % change on previous year | 3.95 % change on previous year | 27.73 % change on previous year | 10 |
| 1990s | 9.71 % change on previous year | -6.42 % change on previous year | 30 % change on previous year | 10 |
| 2000s | 13.03 % change on previous year | 1.37 % change on previous year | 29.08 % change on previous year | 10 |
| 2010s | 10.88 % change on previous year | -17.97 % change on previous year | 31.12 % change on previous year | 10 |
| 2020s | 8.34 % change on previous year | -54.45 % change on previous year | 83.18 % change on previous year | 5 |
Countries ranked near China, Macao SAR
- 65 Dominican Republic 9.44 % change on previous year compare
- 66 Malta 9.39 % change on previous year compare
- 67 Serbia 9.31 % change on previous year compare
- 69 Benin 9.14 % change on previous year compare
- 70 Cabo Verde 9.12 % change on previous year compare
- 71 Sri Lanka 9.04 % change on previous year compare
More economy & growth data for China, Macao SAR
- Gross Domestic Product — Annual growth US$, 2015 prices 8.81 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 13.76 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 13.6 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.76 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,988 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 47,817 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 6,904 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 55,484 million SLC (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 61,119 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 44,022 million USD (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in China, Macao SAR?
- Gross domestic product — value standard local currency, annual growth in China, Macao SAR was 9.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in China, Macao SAR?
- The highest recorded value was 83.18 % change on previous year in 2023.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in China, Macao SAR?
- The lowest recorded value was -54.45 % change on previous year in 2020.
- How does China, Macao SAR rank for gross domestic product — value standard local currency, annual growth?
- China, Macao SAR ranks 68th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in China, Macao SAR?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is volatile.
- Where does this China, Macao SAR data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.