Gross fixed capital formation in Macao
Macao: Gross fixed capital formation was -7.8% in 2025. ◆ Volatile
Gross fixed capital formation in Macao, 1983–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2025, gross fixed capital formation in Macao stood at -7.8%.
That represents a change of down 348.7% on the previous year and down 243.8% over ten years.
Over the whole period, gross fixed capital formation in Macao peaked at 63.3% in 2005 and was at its lowest, -32.2%, in 2009.
Macao ranks 157th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Macao, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1983 | 7.1% | — |
| 1984 | 2.9% | -58.7% |
| 1985 | 7.0% | +139.2% |
| 1986 | 24.2% | +244.0% |
| 1987 | 2.9% | -88.0% |
| 1988 | 16.7% | +476.5% |
| 1989 | 5.0% | -70.1% |
| 1990 | 12.3% | +147.2% |
| 1991 | 27.4% | +122.5% |
| 1992 | 36.9% | +34.8% |
| 1993 | 4.3% | -88.4% |
| 1994 | 0.6% | -85.0% |
| 1995 | -7.5% | -1265.8% |
| 1996 | -22.0% | +194.0% |
| 1997 | 1.9% | -108.7% |
| 1998 | -12.4% | -748.1% |
| 1999 | 1.8% | -114.6% |
| 2000 | -30.2% | -1758.4% |
| 2001 | -3.7% | -87.7% |
| 2002 | 7.9% | -312.6% |
| 2003 | 48.4% | +514.8% |
| 2004 | 38.1% | -21.3% |
| 2005 | 63.3% | +66.3% |
| 2006 | 41.8% | -34.0% |
| 2007 | 24.1% | -42.2% |
| 2008 | -15.0% | -162.0% |
| 2009 | -32.2% | +115.3% |
| 2010 | -16.7% | -48.2% |
| 2011 | 17.1% | -202.5% |
| 2012 | 20.2% | +18.3% |
| 2013 | 9.3% | -54.0% |
| 2014 | 37.2% | +298.8% |
| 2015 | 5.4% | -85.4% |
| 2016 | -11.6% | -313.8% |
| 2017 | -3.1% | -73.2% |
| 2018 | -9.8% | +214.7% |
| 2019 | -17.7% | +80.7% |
| 2020 | -13.2% | -25.2% |
| 2021 | -3.0% | -77.5% |
| 2022 | -20.1% | +572.5% |
| 2023 | 19.6% | -197.7% |
| 2024 | 3.1% | -84.0% |
| 2025 | -7.8% | -348.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.4% | 2.9% | 24.2% | 7 |
| 1990s | 4.3% | -22.0% | 36.9% | 10 |
| 2000s | 14.2% | -32.2% | 63.3% | 10 |
| 2010s | 3.0% | -17.7% | 37.2% | 10 |
| 2020s | -3.6% | -20.1% | 19.6% | 6 |
Countries ranked near Macao
- 154 Brunei Darussalam -6.0% compare
- 155 Egypt -6.2% compare
- 156 Mexico -6.3% compare
- 158 Namibia -8.3% compare
- 159 Equatorial Guinea -10.7% compare
- 160 Bolivia, Plurinational State of -10.9% compare
More economy & growth data for Macao
- GNI, Atlas method (current US$), per capita 69,918 current US$ per person (2024)
- Gross domestic savings (current LCU), per unit of GDP 4.63 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 351,566 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.23 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.971 current US$ per US$ of GDP (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8754 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 66,444 units per person (2025)
- Gross domestic savings (current LCU), annual growth rate 7.57 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
Frequently asked questions
- What is gross fixed capital formation in Macao?
- Gross fixed capital formation in Macao was -7.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Macao?
- The highest recorded value was 63.3% in 2005.
- What is the lowest gross fixed capital formation recorded in Macao?
- The lowest recorded value was -32.2% in 2009.
- How does Macao rank for gross fixed capital formation?
- Macao ranks 157th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Macao?
- Over the last ten years it is down 243.8%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.