Gross fixed capital formation (current US$) in Macao
Macao: Gross fixed capital formation (current US$) was 6.21 billion current US$ in 2025. ◆ Volatile
Gross fixed capital formation in Macao, 1982–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Macao is 6.21 billion current US$, measured in 2025.
The figure is down 8.6% on the previous year and down 44.4% over ten years.
Over the whole period, gross fixed capital formation in Macao peaked at 11.17 billion current US$ in 2015 and was at its lowest, 219.72 million current US$, in 1983.
Macao ranks 110th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1982 | 232.90 million current US$ | — |
| 1983 | 219.72 million current US$ | -5.7% |
| 1984 | 251.39 million current US$ | +14.4% |
| 1985 | 269.79 million current US$ | +7.3% |
| 1986 | 352.30 million current US$ | +30.6% |
| 1987 | 431.47 million current US$ | +22.5% |
| 1988 | 513.64 million current US$ | +19.0% |
| 1989 | 618.01 million current US$ | +20.3% |
| 1990 | 723.98 million current US$ | +17.1% |
| 1991 | 993.10 million current US$ | +37.2% |
| 1992 | 1.53 billion current US$ | +54.1% |
| 1993 | 1.76 billion current US$ | +15.0% |
| 1994 | 1.95 billion current US$ | +10.6% |
| 1995 | 1.82 billion current US$ | -6.3% |
| 1996 | 1.34 billion current US$ | -26.5% |
| 1997 | 1.34 billion current US$ | +0.3% |
| 1998 | 1.10 billion current US$ | -18.4% |
| 1999 | 1.03 billion current US$ | -6.4% |
| 2000 | 693.88 million current US$ | -32.4% |
| 2001 | 631.61 million current US$ | -9.0% |
| 2002 | 699.08 million current US$ | +10.7% |
| 2003 | 1.08 billion current US$ | +55.2% |
| 2004 | 1.63 billion current US$ | +50.4% |
| 2005 | 3.02 billion current US$ | +85.4% |
| 2006 | 4.86 billion current US$ | +60.5% |
| 2007 | 6.63 billion current US$ | +36.5% |
| 2008 | 6.23 billion current US$ | -6.0% |
| 2009 | 3.97 billion current US$ | -36.3% |
| 2010 | 3.52 billion current US$ | -11.2% |
| 2011 | 4.54 billion current US$ | +28.9% |
| 2012 | 5.84 billion current US$ | +28.6% |
| 2013 | 6.88 billion current US$ | +17.8% |
| 2014 | 10.42 billion current US$ | +51.4% |
| 2015 | 11.17 billion current US$ | +7.3% |
| 2016 | 9.87 billion current US$ | -11.7% |
| 2017 | 9.99 billion current US$ | +1.2% |
| 2018 | 9.25 billion current US$ | -7.4% |
| 2019 | 7.64 billion current US$ | -17.4% |
| 2020 | 6.72 billion current US$ | -12.0% |
| 2021 | 6.90 billion current US$ | +2.7% |
| 2022 | 5.59 billion current US$ | -19.0% |
| 2023 | 6.67 billion current US$ | +19.4% |
| 2024 | 6.80 billion current US$ | +1.9% |
| 2025 | 6.21 billion current US$ | -8.6% |
Macao compared with similar countries
- Macao's 6.21 billion current US$ is below the median for high income countries, which is 50.73 billion current US$, 12% of the median. (64 countries reporting)
- Macao's 6.21 billion current US$ is above the median for East Asia & Pacific, which is 6.21 billion current US$, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 361.15 million current US$ | 219.72 million current US$ | 618.01 million current US$ | 8 |
| 1990s | 1.36 billion current US$ | 723.98 million current US$ | 1.95 billion current US$ | 10 |
| 2000s | 2.94 billion current US$ | 631.61 million current US$ | 6.63 billion current US$ | 10 |
| 2010s | 7.91 billion current US$ | 3.52 billion current US$ | 11.17 billion current US$ | 10 |
| 2020s | 6.48 billion current US$ | 5.59 billion current US$ | 6.90 billion current US$ | 6 |
Countries ranked near Macao
More economy & growth data for Macao
- Real gdp growth, annual growth rate -40.5 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.24 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0251 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,806 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.89 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 65.29 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0382 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,753 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.24 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.5885 includes gold, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Macao?
- Gross fixed capital formation in Macao was 6.21 billion current US$ 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 11.17 billion current US$ in 2015.
- What is the lowest gross fixed capital formation recorded in Macao?
- The lowest recorded value was 219.72 million current US$ in 1983.
- How does Macao rank for gross fixed capital formation?
- Macao ranks 110th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Macao?
- Over the last ten years it is down 44.4%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.