Gross value added at basic prices (GVA) (current LCU), annual growth in Macao
Macao: Gross value added at basic prices (GVA) (current LCU), annual growth was 8.54 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Macao, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross value added at basic prices (gva) (current lcu), annual growth in Macao stood at 8.54 % change on previous year.
That represents a change of down 88.7% on the previous year and up 45.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Macao peaked at 75.78 % change on previous year in 2023 and was at its lowest, -54.7 % change on previous year, in 2020.
That places Macao 75th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), annual growth in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 29.05 % change on previous year | — |
| 1993 | 14.24 % change on previous year | -51.0% |
| 1994 | 9.79 % change on previous year | -31.2% |
| 1995 | 10.95 % change on previous year | +11.8% |
| 1996 | -2.48 % change on previous year | -122.6% |
| 1997 | 2.7 % change on previous year | -209.1% |
| 1998 | -9.43 % change on previous year | -449.0% |
| 1999 | -5.32 % change on previous year | -43.6% |
| 2000 | 7.61 % change on previous year | -243.1% |
| 2001 | 0.9122 % change on previous year | -88.0% |
| 2002 | 10.32 % change on previous year | +1031.5% |
| 2003 | 12.2 % change on previous year | +18.2% |
| 2004 | 24.2 % change on previous year | +98.5% |
| 2005 | 17.07 % change on previous year | -29.5% |
| 2006 | 20.4 % change on previous year | +19.5% |
| 2007 | 30.2 % change on previous year | +48.1% |
| 2008 | 14.39 % change on previous year | -52.3% |
| 2009 | 2.01 % change on previous year | -86.0% |
| 2010 | 34.12 % change on previous year | +1597.0% |
| 2011 | 32.7 % change on previous year | -4.2% |
| 2012 | 16.03 % change on previous year | -51.0% |
| 2013 | 19.69 % change on previous year | +22.8% |
| 2014 | 5.87 % change on previous year | -70.2% |
| 2015 | -18 % change on previous year | -406.6% |
| 2016 | 0.1646 % change on previous year | -100.9% |
| 2017 | 11.18 % change on previous year | +6694.4% |
| 2018 | 10.04 % change on previous year | -10.2% |
| 2019 | -0.5549 % change on previous year | -105.5% |
| 2020 | -54.7 % change on previous year | +9757.3% |
| 2021 | 24.19 % change on previous year | -144.2% |
| 2022 | -17.71 % change on previous year | -173.2% |
| 2023 | 75.78 % change on previous year | -528.0% |
| 2024 | 8.54 % change on previous year | -88.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.19 % change on previous year | -9.43 % change on previous year | 29.05 % change on previous year | 8 |
| 2000s | 13.93 % change on previous year | 0.9122 % change on previous year | 30.2 % change on previous year | 10 |
| 2010s | 11.13 % change on previous year | -18 % change on previous year | 34.12 % change on previous year | 10 |
| 2020s | 7.22 % change on previous year | -54.7 % change on previous year | 75.78 % change on previous year | 5 |
Countries ranked near Macao
- 72 Moldova 9.09 % change on previous year compare
- 73 North Macedonia 9.06 % change on previous year compare
- 74 India 8.69 % change on previous year compare
- 76 Seychelles 8.44 % change on previous year compare
- 77 Kenya 8.4 % change on previous year compare
- 78 Comoros 8.4 % change on previous year compare
More economy & growth data for Macao
- GNI, Atlas method (current US$), per capita 69,918 current US$ per person (2024)
- Gdp worldbank constant usd, annual growth rate 4.67 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9881 current US$ per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8754 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 66,444 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- GNI (current US$), annual growth rate 10.4 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.5768 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 43,783 current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Macao?
- Gross value added at basic prices (gva) (current lcu), annual growth in Macao was 8.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Macao?
- The highest recorded value was 75.78 % change on previous year in 2023.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Macao?
- The lowest recorded value was -54.7 % change on previous year in 2020.
- How does Macao rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Macao ranks 75th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Macao?
- Over the last ten years it is up 45.5%. 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) (current 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) (current 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 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.