Gross Domestic Product — Value US$ in China, Macao SAR
China, Macao SAR: Gross Domestic Product — Value US$ was 50,187 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in China, Macao SAR, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
China, Macao SAR recorded 50,187 million USD for gross domestic product — value us$ in 2024.
Compared with earlier readings it is up 9.6% on the previous year and down 8.6% over ten years.
Over the whole period, gross domestic product — value us$ in China, Macao SAR peaked at 55,191 million USD in 2018 and was at its lowest, 169.03 million USD, in 1970.
China, Macao SAR ranks 92nd of 203 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 Domestic Product — Value US$ in China, Macao SAR, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 169.03 million USD | — |
| 1971 | 202.36 million USD | +19.7% |
| 1972 | 247.85 million USD | +22.5% |
| 1973 | 338.12 million USD | +36.4% |
| 1974 | 389.03 million USD | +15.1% |
| 1975 | 450.27 million USD | +15.7% |
| 1976 | 447.85 million USD | -0.5% |
| 1977 | 572.8 million USD | +27.9% |
| 1978 | 749.04 million USD | +30.8% |
| 1979 | 852.96 million USD | +13.9% |
| 1980 | 1,019 million USD | +19.5% |
| 1981 | 1,076 million USD | +5.5% |
| 1982 | 1,142 million USD | +6.2% |
| 1983 | 1,133 million USD | -0.8% |
| 1984 | 1,304 million USD | +15.1% |
| 1985 | 1,362 million USD | +4.4% |
| 1986 | 1,532 million USD | +12.5% |
| 1987 | 1,958 million USD | +27.8% |
| 1988 | 2,289 million USD | +16.9% |
| 1989 | 2,706 million USD | +18.2% |
| 1990 | 3,246 million USD | +20.0% |
| 1991 | 3,765 million USD | +16.0% |
| 1992 | 4,914 million USD | +30.5% |
| 1993 | 5,666 million USD | +15.3% |
| 1994 | 6,311 million USD | +11.4% |
| 1995 | 7,046 million USD | +11.6% |
| 1996 | 7,177 million USD | +1.9% |
| 1997 | 7,268 million USD | +1.3% |
| 1998 | 6,798 million USD | -6.5% |
| 1999 | 6,548 million USD | -3.7% |
| 2000 | 6,774 million USD | +3.5% |
| 2001 | 6,860 million USD | +1.3% |
| 2002 | 7,372 million USD | +7.5% |
| 2003 | 8,246 million USD | +11.9% |
| 2004 | 10,643 million USD | +29.1% |
| 2005 | 12,160 million USD | +14.3% |
| 2006 | 14,874 million USD | +22.3% |
| 2007 | 18,440 million USD | +24.0% |
| 2008 | 21,027 million USD | +14.0% |
| 2009 | 21,588 million USD | +2.7% |
| 2010 | 28,242 million USD | +30.8% |
| 2011 | 36,846 million USD | +30.5% |
| 2012 | 43,190 million USD | +17.2% |
| 2013 | 51,537 million USD | +19.3% |
| 2014 | 54,903 million USD | +6.5% |
| 2015 | 45,048 million USD | -17.9% |
| 2016 | 45,071 million USD | +0.1% |
| 2017 | 50,384 million USD | +11.8% |
| 2018 | 55,191 million USD | +9.5% |
| 2019 | 55,082 million USD | -0.2% |
| 2020 | 25,344 million USD | -54.0% |
| 2021 | 30,969 million USD | +22.2% |
| 2022 | 24,999 million USD | -19.3% |
| 2023 | 45,803 million USD | +83.2% |
| 2024 | 50,187 million USD | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 441.93 million USD | 169.03 million USD | 852.96 million USD | 10 |
| 1980s | 1,552 million USD | 1,019 million USD | 2,706 million USD | 10 |
| 1990s | 5,874 million USD | 3,246 million USD | 7,268 million USD | 10 |
| 2000s | 12,798 million USD | 6,774 million USD | 21,588 million USD | 10 |
| 2010s | 46,549 million USD | 28,242 million USD | 55,191 million USD | 10 |
| 2020s | 35,460 million USD | 24,999 million USD | 50,187 million USD | 5 |
Countries ranked near China, Macao SAR
More economy & growth data for China, Macao SAR
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 13.76 % (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 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 US$, 2015 prices 13.6 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.9 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.25 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4.61 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 61,119 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$ in China, Macao SAR?
- Gross domestic product — value us$ in China, Macao SAR was 50,187 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in China, Macao SAR?
- The highest recorded value was 55,191 million USD in 2018.
- What is the lowest gross domestic product — value us$ recorded in China, Macao SAR?
- The lowest recorded value was 169.03 million USD in 1970.
- How does China, Macao SAR rank for gross domestic product — value us$?
- China, Macao SAR ranks 92nd out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in China, Macao SAR?
- Over the last ten years it is down 8.6%. 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 US$. Statizoid updates them automatically from the source API.
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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).