Gross fixed capital formation in Macao

Macao: Gross fixed capital formation was 6.21 billion current US$ in 2025. ◆ Volatile

Latest (2025)
6.21 billion current US$
Change on year
down 8.6%
World rank
110th
of 181 countries
All-time high
11.17 billion current US$
in 2015
All-time low
219.72 million current US$
in 1983
Years of data
44
1982–2025

Gross fixed capital formation in Macao, 1982–2025

02.5B5.0B7.5B10.0B1982200320251982: 232.9M current US$1983: 219.7M current US$1984: 251.4M current US$1985: 269.8M current US$1986: 352.3M current US$1987: 431.5M current US$1988: 513.6M current US$1989: 618.0M current US$1990: 724.0M current US$1991: 993.1M current US$1992: 1.5B current US$1993: 1.8B current US$1994: 1.9B current US$1995: 1.8B current US$1996: 1.3B current US$1997: 1.3B current US$1998: 1.1B current US$1999: 1.0B current US$2000: 693.9M current US$2001: 631.6M current US$2002: 699.1M current US$2003: 1.1B current US$2004: 1.6B current US$2005: 3.0B current US$2006: 4.9B current US$2007: 6.6B current US$2008: 6.2B current US$2009: 4.0B current US$2010: 3.5B current US$2011: 4.5B current US$2012: 5.8B current US$2013: 6.9B current US$2014: 10.4B current US$2015: 11.2B current US$2016: 9.9B current US$2017: 10.0B current US$2018: 9.2B current US$2019: 7.6B current US$2020: 6.7B current US$2021: 6.9B current US$2022: 5.6B current US$2023: 6.7B current US$2024: 6.8B current US$2025: 6.2B current US$

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 in Macao, year by year

Annual values for Gross fixed capital formation (current US$) in Macao, 1982 to 2025.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 107 Libya 6.86 billion current US$ compare
  2. 108 Mali 6.52 billion current US$ compare
  3. 109 Armenia 6.26 billion current US$ compare
  4. 111 Kyrgyzstan 5.83 billion current US$ compare
  5. 112 Botswana 5.62 billion current US$ compare
  6. 113 Nicaragua 5.47 billion current US$ compare

See the full ranking of 224 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 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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Gross fixed capital formation in Macao. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-current-us/macao-sar-china/

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
224 places, 10,322 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.