Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Macao
Macao: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.89 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Macao, 2008–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Macao stood at 0.89 constant 2015 US$ per US$ of GDP. That is the lowest value across all 17 years on record.
The figure is down 0.2% on the previous year and down 13.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Macao peaked at 1.4 constant 2015 US$ per US$ of GDP in 2008 and was at its lowest, 0.89 constant 2015 US$ per US$ of GDP, in 2024.
That places Macao 30th out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Macao, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2008 | 1.4 constant 2015 US$ per US$ of GDP | — |
| 2009 | 1.36 constant 2015 US$ per US$ of GDP | -2.2% |
| 2010 | 1.34 constant 2015 US$ per US$ of GDP | -1.7% |
| 2011 | 1.27 constant 2015 US$ per US$ of GDP | -5.6% |
| 2012 | 1.18 constant 2015 US$ per US$ of GDP | -6.5% |
| 2013 | 1.12 constant 2015 US$ per US$ of GDP | -5.3% |
| 2014 | 1.03 constant 2015 US$ per US$ of GDP | -8.2% |
| 2015 | 0.9954 constant 2015 US$ per US$ of GDP | -3.3% |
| 2016 | 0.9922 constant 2015 US$ per US$ of GDP | -0.3% |
| 2017 | 0.9653 constant 2015 US$ per US$ of GDP | -2.7% |
| 2018 | 0.9342 constant 2015 US$ per US$ of GDP | -3.2% |
| 2019 | 0.9108 constant 2015 US$ per US$ of GDP | -2.5% |
| 2020 | 0.9107 constant 2015 US$ per US$ of GDP | -0.0% |
| 2021 | 0.9519 constant 2015 US$ per US$ of GDP | +4.5% |
| 2022 | 0.963 constant 2015 US$ per US$ of GDP | +1.2% |
| 2023 | 0.8919 constant 2015 US$ per US$ of GDP | -7.4% |
| 2024 | 0.89 constant 2015 US$ per US$ of GDP | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.38 constant 2015 US$ per US$ of GDP | 1.36 constant 2015 US$ per US$ of GDP | 1.4 constant 2015 US$ per US$ of GDP | 2 |
| 2010s | 1.07 constant 2015 US$ per US$ of GDP | 0.9108 constant 2015 US$ per US$ of GDP | 1.34 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.9215 constant 2015 US$ per US$ of GDP | 0.89 constant 2015 US$ per US$ of GDP | 0.963 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Macao
- 27 Solomon Islands 0.9137 constant 2015 US$ per US$ of GDP compare
- 28 Rwanda 0.9083 constant 2015 US$ per US$ of GDP compare
- 29 Eswatini 0.9083 constant 2015 US$ per US$ of GDP compare
- 31 Oman 0.8819 constant 2015 US$ per US$ of GDP compare
- 32 Australia 0.8814 constant 2015 US$ per US$ of GDP compare
- 33 East Timor 0.8682 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Macao
- GNI (current LCU), annual growth rate 10.04 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0023 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate -0.1109 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 56.57 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 56.43 % change on previous year (2024)
- GNI (current LCU), per capita 571,780 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 7.94 current LCU per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.971 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 69,918 current US$ per person (2024)
- GNI (current US$), annual growth rate 10.4 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Macao?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Macao was 0.89 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Macao?
- The highest recorded value was 1.4 constant 2015 US$ per US$ of GDP in 2008.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Macao?
- The lowest recorded value was 0.89 constant 2015 US$ per US$ of GDP in 2024.
- How does Macao rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Macao ranks 30th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Macao?
- Over the last ten years it is down 13.6%. The long-run trend across the full record is falling.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.