Gross value added at basic prices (GVA) (constant LCU), annual growth in Macao
Macao: Gross value added at basic prices (GVA) (constant LCU), annual growth was 8.19 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Macao, 2009–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Macao is 8.19 % change on previous year, measured in 2024.
The figure is down 88.2% on the previous year and up 475.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Macao peaked at 69.51 % change on previous year in 2023 and was at its lowest, -54.06 % change on previous year, in 2020.
That places Macao 14th out of 195 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant LCU), annual growth in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | 0.4166 % change on previous year | — |
| 2010 | 28.56 % change on previous year | +6756.1% |
| 2011 | 23.15 % change on previous year | -18.9% |
| 2012 | 9.62 % change on previous year | -58.5% |
| 2013 | 13.08 % change on previous year | +36.0% |
| 2014 | -2.18 % change on previous year | -116.7% |
| 2015 | -20.91 % change on previous year | +859.2% |
| 2016 | -0.2599 % change on previous year | -98.8% |
| 2017 | 8.82 % change on previous year | -3494.3% |
| 2018 | 5.97 % change on previous year | -32.3% |
| 2019 | -2.6 % change on previous year | -143.5% |
| 2020 | -54.06 % change on previous year | +1982.1% |
| 2021 | 26.67 % change on previous year | -149.3% |
| 2022 | -17.68 % change on previous year | -166.3% |
| 2023 | 69.51 % change on previous year | -493.2% |
| 2024 | 8.19 % change on previous year | -88.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4166 % change on previous year | 0.4166 % change on previous year | 0.4166 % change on previous year | 1 |
| 2010s | 6.33 % change on previous year | -20.91 % change on previous year | 28.56 % change on previous year | 10 |
| 2020s | 6.53 % change on previous year | -54.06 % change on previous year | 69.51 % change on previous year | 5 |
Countries ranked near Macao
- 11 Rwanda 8.87 % change on previous year compare
- 12 Zimbabwe 8.35 % change on previous year compare
- 13 Vietnam 8.19 % change on previous year compare
- 15 Benin 7.95 % change on previous year compare
- 16 Mongolia 7.87 % change on previous year compare
- 17 Uzbekistan 7.71 % change on previous year 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 lcu), annual growth in Macao?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Macao was 8.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Macao?
- The highest recorded value was 69.51 % change on previous year in 2023.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Macao?
- The lowest recorded value was -54.06 % change on previous year in 2020.
- How does Macao rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Macao ranks 14th out of 195 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Macao?
- Over the last ten years it is up 475.8%. The long-run trend across the full record is volatile.
- 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.