Gross value added at basic prices (GVA) (constant 2015 US$) in Macao
Macao: Gross value added at basic prices (GVA) (constant 2015 US$) was 44.03 billion constant 2015 US$ in 2024. ▼ Falling
Gross value added at basic prices (GVA) in Macao, 2008–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Macao is 44.03 billion constant 2015 US$, measured in 2024.
The figure is up 8.2% on the previous year and down 22.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Macao peaked at 57.82 billion constant 2015 US$ in 2013 and was at its lowest, 23.02 billion constant 2015 US$, in 2020.
Macao ranks 91st of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Macao, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2008 | 29.34 billion constant 2015 US$ | — |
| 2009 | 29.46 billion constant 2015 US$ | +0.4% |
| 2010 | 37.87 billion constant 2015 US$ | +28.6% |
| 2011 | 46.64 billion constant 2015 US$ | +23.2% |
| 2012 | 51.13 billion constant 2015 US$ | +9.6% |
| 2013 | 57.82 billion constant 2015 US$ | +13.1% |
| 2014 | 56.56 billion constant 2015 US$ | -2.2% |
| 2015 | 44.73 billion constant 2015 US$ | -20.9% |
| 2016 | 44.62 billion constant 2015 US$ | -0.3% |
| 2017 | 48.55 billion constant 2015 US$ | +8.8% |
| 2018 | 51.45 billion constant 2015 US$ | +6.0% |
| 2019 | 50.12 billion constant 2015 US$ | -2.6% |
| 2020 | 23.02 billion constant 2015 US$ | -54.1% |
| 2021 | 29.16 billion constant 2015 US$ | +26.7% |
| 2022 | 24.01 billion constant 2015 US$ | -17.7% |
| 2023 | 40.69 billion constant 2015 US$ | +69.5% |
| 2024 | 44.03 billion constant 2015 US$ | +8.2% |
Macao compared with similar countries
- Macao's 44.03 billion constant 2015 US$ is below the median for high income countries, which is 96.66 billion constant 2015 US$, 46% of the median. (69 countries reporting)
- Macao's 44.03 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 31.94 billion constant 2015 US$, 1.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.40 billion constant 2015 US$ | 29.34 billion constant 2015 US$ | 29.46 billion constant 2015 US$ | 2 |
| 2010s | 48.95 billion constant 2015 US$ | 37.87 billion constant 2015 US$ | 57.82 billion constant 2015 US$ | 10 |
| 2020s | 32.18 billion constant 2015 US$ | 23.02 billion constant 2015 US$ | 44.03 billion constant 2015 US$ | 5 |
Countries ranked near Macao
- 88 Jordan 47.88 billion constant 2015 US$ compare
- 89 Tunisia 46.68 billion constant 2015 US$ compare
- 90 Paraguay 45.40 billion constant 2015 US$ compare
- 92 Cameroon 40.85 billion constant 2015 US$ compare
- 93 Bahrain 40.59 billion constant 2015 US$ compare
- 94 Cambodia 38.08 billion constant 2015 US$ compare
More economy & growth data for Macao
- 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)
- Total reserves (includes gold, current US$), per capita 44,668 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Macao?
- Gross value added at basic prices (gva) in Macao was 44.03 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Macao?
- The highest recorded value was 57.82 billion constant 2015 US$ in 2013.
- What is the lowest gross value added at basic prices (gva) recorded in Macao?
- The lowest recorded value was 23.02 billion constant 2015 US$ in 2020.
- How does Macao rank for gross value added at basic prices (gva)?
- Macao ranks 91st out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Macao?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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 is 2015. This indicator is expressed in United States dollars.