Gross Domestic Product — Value Standard Local Currency in China, Macao SAR
China, Macao SAR: Gross Domestic Product — Value Standard Local Currency was 403,314 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in China, Macao SAR, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
China, Macao SAR recorded 403,314 million SLC for gross domestic product — value standard local currency in 2024.
Compared with earlier readings it is up 9.2% on the previous year and down 8.0% over ten years.
Over the whole period, gross domestic product — value standard local currency in China, Macao SAR peaked at 445,527 million SLC in 2018 and was at its lowest, 1,023 million SLC, in 1970.
That places China, Macao SAR 124th 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 in China, Macao SAR, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,023 million SLC | — |
| 1971 | 1,204 million SLC | +17.7% |
| 1972 | 1,416 million SLC | +17.7% |
| 1973 | 1,666 million SLC | +17.7% |
| 1974 | 1,961 million SLC | +17.6% |
| 1975 | 2,308 million SLC | +17.7% |
| 1976 | 2,715 million SLC | +17.6% |
| 1977 | 3,193 million SLC | +17.6% |
| 1978 | 3,767 million SLC | +18.0% |
| 1979 | 4,415 million SLC | +17.2% |
| 1980 | 5,194 million SLC | +17.6% |
| 1981 | 6,188 million SLC | +19.1% |
| 1982 | 7,113 million SLC | +14.9% |
| 1983 | 8,457 million SLC | +18.9% |
| 1984 | 10,481 million SLC | +23.9% |
| 1985 | 10,895 million SLC | +4.0% |
| 1986 | 12,277 million SLC | +12.7% |
| 1987 | 15,681 million SLC | +27.7% |
| 1988 | 18,403 million SLC | +17.4% |
| 1989 | 21,737 million SLC | +18.1% |
| 1990 | 26,040 million SLC | +19.8% |
| 1991 | 30,138 million SLC | +15.7% |
| 1992 | 39,179 million SLC | +30.0% |
| 1993 | 45,141 million SLC | +15.2% |
| 1994 | 50,239 million SLC | +11.3% |
| 1995 | 56,142 million SLC | +11.7% |
| 1996 | 57,174 million SLC | +1.8% |
| 1997 | 57,961 million SLC | +1.4% |
| 1998 | 54,238 million SLC | -6.4% |
| 1999 | 52,328 million SLC | -3.5% |
| 2000 | 54,369 million SLC | +3.9% |
| 2001 | 55,112 million SLC | +1.4% |
| 2002 | 59,220 million SLC | +7.5% |
| 2003 | 66,147 million SLC | +11.7% |
| 2004 | 85,382 million SLC | +29.1% |
| 2005 | 97,415 million SLC | +14.1% |
| 2006 | 119,014 million SLC | +22.2% |
| 2007 | 148,181 million SLC | +24.5% |
| 2008 | 168,639 million SLC | +13.8% |
| 2009 | 172,363 million SLC | +2.2% |
| 2010 | 225,997 million SLC | +31.1% |
| 2011 | 295,438 million SLC | +30.7% |
| 2012 | 345,080 million SLC | +16.8% |
| 2013 | 411,739 million SLC | +19.3% |
| 2014 | 438,516 million SLC | +6.5% |
| 2015 | 359,708 million SLC | -18.0% |
| 2016 | 360,344 million SLC | +0.2% |
| 2017 | 404,381 million SLC | +12.2% |
| 2018 | 445,527 million SLC | +10.2% |
| 2019 | 444,540 million SLC | -0.2% |
| 2020 | 202,471 million SLC | -54.5% |
| 2021 | 247,926 million SLC | +22.5% |
| 2022 | 201,623 million SLC | -18.7% |
| 2023 | 369,328 million SLC | +83.2% |
| 2024 | 403,314 million SLC | +9.2% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 | -54.5% | 444,540 million SLC | 202,471 million SLC |
| 2023 | +83.2% | 201,623 million SLC | 369,328 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,367 million SLC | 1,023 million SLC | 4,415 million SLC | 10 |
| 1980s | 11,643 million SLC | 5,194 million SLC | 21,737 million SLC | 10 |
| 1990s | 46,858 million SLC | 26,040 million SLC | 57,961 million SLC | 10 |
| 2000s | 102,584 million SLC | 54,369 million SLC | 172,363 million SLC | 10 |
| 2010s | 373,127 million SLC | 225,997 million SLC | 445,527 million SLC | 10 |
| 2020s | 284,932 million SLC | 201,623 million SLC | 403,314 million SLC | 5 |
Countries ranked near China, Macao SAR
- 121 Austria 481,940 million SLC compare
- 122 Mauritania 426,551 million SLC compare
- 123 New Zealand 424,902 million SLC compare
- 125 Zimbabwe 369,182 million SLC compare
- 126 Bolivia (Plurinational State of) 343,208 million SLC compare
- 127 Republic of Moldova 320,523 million SLC compare
More economy & growth data for China, Macao SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 13.6 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 351,511 million SLC (2024)
- Gross Domestic Product — Value US$ per capita 69,679 USD (2024)
- Gross Domestic Product — Value US$ 50,187 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 5,988 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 13.76 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 13.6 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.9 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 61,119 USD (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in China, Macao SAR?
- Gross domestic product — value standard local currency in China, Macao SAR was 403,314 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in China, Macao SAR?
- The highest recorded value was 445,527 million SLC in 2018.
- What is the lowest gross domestic product — value standard local currency recorded in China, Macao SAR?
- The lowest recorded value was 1,023 million SLC in 1970.
- How does China, Macao SAR rank for gross domestic product — value standard local currency?
- China, Macao SAR ranks 124th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in China, Macao SAR?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is volatile.
- Where does this China, Macao SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).