Gross fixed capital formation in Macao

Macao: Gross fixed capital formation was 51.15 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
51.15 billion constant LCU
Change on year
down 7.8%
World rank
108th
of 168 countries
All-time high
105.23 billion constant LCU
in 2015
All-time low
9.27 billion constant LCU
in 1982
Years of data
44
1982–2025

Gross fixed capital formation in Macao, 1982–2025

020.0B40.0B60.0B80.0B100.0B1982200320251982: 9.3B constant LCU1983: 9.9B constant LCU1984: 10.2B constant LCU1985: 10.9B constant LCU1986: 13.6B constant LCU1987: 14.0B constant LCU1988: 16.3B constant LCU1989: 17.1B constant LCU1990: 19.2B constant LCU1991: 24.5B constant LCU1992: 33.5B constant LCU1993: 35.0B constant LCU1994: 35.2B constant LCU1995: 32.6B constant LCU1996: 25.4B constant LCU1997: 25.9B constant LCU1998: 22.6B constant LCU1999: 23.1B constant LCU2000: 16.1B constant LCU2001: 15.5B constant LCU2002: 16.7B constant LCU2003: 24.8B constant LCU2004: 34.3B constant LCU2005: 56.0B constant LCU2006: 79.3B constant LCU2007: 98.5B constant LCU2008: 83.7B constant LCU2009: 56.7B constant LCU2010: 47.3B constant LCU2011: 55.3B constant LCU2012: 66.6B constant LCU2013: 72.8B constant LCU2014: 99.8B constant LCU2015: 105.2B constant LCU2016: 93.0B constant LCU2017: 90.1B constant LCU2018: 81.3B constant LCU2019: 66.9B constant LCU2020: 58.0B constant LCU2021: 56.3B constant LCU2022: 45.0B constant LCU2023: 53.8B constant LCU2024: 55.5B constant LCU2025: 51.2B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, gross fixed capital formation in Macao stood at 51.15 billion constant LCU.

That represents a change of down 7.8% on the previous year and down 51.4% over ten years.

Over the whole period, gross fixed capital formation in Macao peaked at 105.23 billion constant LCU in 2015 and was at its lowest, 9.27 billion constant LCU, in 1982.

That places Macao 108th out of 168 countries with data for 2025, 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 fixed capital formation in Macao, year by year

Annual values for Gross fixed capital formation (constant LCU) in Macao, 1982 to 2025.
Year constant LCU Change
1982 9.27 billion constant LCU
1983 9.93 billion constant LCU +7.1%
1984 10.22 billion constant LCU +2.9%
1985 10.94 billion constant LCU +7.0%
1986 13.59 billion constant LCU +24.2%
1987 13.98 billion constant LCU +2.9%
1988 16.31 billion constant LCU +16.7%
1989 17.12 billion constant LCU +5.0%
1990 19.23 billion constant LCU +12.3%
1991 24.50 billion constant LCU +27.4%
1992 33.54 billion constant LCU +36.9%
1993 34.97 billion constant LCU +4.3%
1994 35.20 billion constant LCU +0.6%
1995 32.56 billion constant LCU -7.5%
1996 25.38 billion constant LCU -22.0%
1997 25.87 billion constant LCU +1.9%
1998 22.65 billion constant LCU -12.4%
1999 23.06 billion constant LCU +1.8%
2000 16.10 billion constant LCU -30.2%
2001 15.51 billion constant LCU -3.7%
2002 16.73 billion constant LCU +7.9%
2003 24.82 billion constant LCU +48.4%
2004 34.27 billion constant LCU +38.1%
2005 55.96 billion constant LCU +63.3%
2006 79.33 billion constant LCU +41.8%
2007 98.48 billion constant LCU +24.1%
2008 83.73 billion constant LCU -15.0%
2009 56.73 billion constant LCU -32.2%
2010 47.26 billion constant LCU -16.7%
2011 55.35 billion constant LCU +17.1%
2012 66.55 billion constant LCU +20.2%
2013 72.75 billion constant LCU +9.3%
2014 99.80 billion constant LCU +37.2%
2015 105.23 billion constant LCU +5.4%
2016 92.99 billion constant LCU -11.6%
2017 90.09 billion constant LCU -3.1%
2018 81.26 billion constant LCU -9.8%
2019 66.87 billion constant LCU -17.7%
2020 58.01 billion constant LCU -13.2%
2021 56.28 billion constant LCU -3.0%
2022 44.98 billion constant LCU -20.1%
2023 53.80 billion constant LCU +19.6%
2024 55.49 billion constant LCU +3.1%
2025 51.15 billion constant LCU -7.8%

Macao compared with similar countries

  • Macao's 51.15 billion constant LCU is below the median for high income countries, which is 135.02 billion constant LCU, 38% of the median. (58 countries reporting)
  • Macao's 51.15 billion constant LCU is below the median for East Asia & Pacific, which is 144.50 billion constant LCU, 35% of the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 12.67 billion constant LCU 9.27 billion constant LCU 17.12 billion constant LCU 8
1990s 27.70 billion constant LCU 19.23 billion constant LCU 35.20 billion constant LCU 10
2000s 48.17 billion constant LCU 15.51 billion constant LCU 98.48 billion constant LCU 10
2010s 77.82 billion constant LCU 47.26 billion constant LCU 105.23 billion constant LCU 10
2020s 53.29 billion constant LCU 44.98 billion constant LCU 58.01 billion constant LCU 6

Countries ranked near Macao

  1. 105 Bolivia 54.75 billion constant LCU compare
  2. 106 Finland 53.57 billion constant LCU compare
  3. 107 Belarus 53.15 billion constant LCU compare
  4. 109 Portugal 50.01 billion constant LCU compare
  5. 110 Botswana 44.87 billion constant LCU compare
  6. 111 Namibia 37.75 billion constant LCU compare

See the full ranking of 168 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is gross fixed capital formation in Macao?
Gross fixed capital formation in Macao was 51.15 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in Macao?
The highest recorded value was 105.23 billion constant LCU in 2015.
What is the lowest gross fixed capital formation recorded in Macao?
The lowest recorded value was 9.27 billion constant LCU in 1982.
How does Macao rank for gross fixed capital formation?
Macao ranks 108th out of 168 countries with data for 2025.
Is gross fixed capital formation rising or falling in Macao?
Over the last ten years it is down 51.4%. 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 fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.

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Gross fixed capital formation in Macao. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-constant-lcu/macao-sar-china/

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About this data

Indicator
Gross fixed capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 6,965 data points, 1960–2025
Last refreshed

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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.