Gross value added at basic prices (GVA) in Macao
Macao: Gross value added at basic prices (GVA) was 384.54 billion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Macao, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Macao recorded 384.54 billion current LCU for gross value added at basic prices (gva) in 2024.
The figure is up 8.5% on the previous year and down 11.7% over ten years.
Over the whole period, gross value added at basic prices (gva) in Macao peaked at 437.74 billion current LCU in 2018 and was at its lowest, 30.19 billion current LCU, in 1991.
Macao ranks 119th of 207 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 value added at basic prices (GVA) in Macao, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | 30.19 billion current LCU | — |
| 1992 | 38.96 billion current LCU | +29.0% |
| 1993 | 44.50 billion current LCU | +14.2% |
| 1994 | 48.86 billion current LCU | +9.8% |
| 1995 | 54.21 billion current LCU | +10.9% |
| 1996 | 52.87 billion current LCU | -2.5% |
| 1997 | 54.30 billion current LCU | +2.7% |
| 1998 | 49.17 billion current LCU | -9.4% |
| 1999 | 46.56 billion current LCU | -5.3% |
| 2000 | 50.10 billion current LCU | +7.6% |
| 2001 | 50.56 billion current LCU | +0.9% |
| 2002 | 55.78 billion current LCU | +10.3% |
| 2003 | 62.58 billion current LCU | +12.2% |
| 2004 | 77.72 billion current LCU | +24.2% |
| 2005 | 91.00 billion current LCU | +17.1% |
| 2006 | 109.56 billion current LCU | +20.4% |
| 2007 | 142.65 billion current LCU | +30.2% |
| 2008 | 163.18 billion current LCU | +14.4% |
| 2009 | 166.46 billion current LCU | +2.0% |
| 2010 | 223.25 billion current LCU | +34.1% |
| 2011 | 296.25 billion current LCU | +32.7% |
| 2012 | 343.74 billion current LCU | +16.0% |
| 2013 | 411.43 billion current LCU | +19.7% |
| 2014 | 435.57 billion current LCU | +5.9% |
| 2015 | 357.19 billion current LCU | -18.0% |
| 2016 | 357.78 billion current LCU | +0.2% |
| 2017 | 397.79 billion current LCU | +11.2% |
| 2018 | 437.74 billion current LCU | +10.0% |
| 2019 | 435.31 billion current LCU | -0.6% |
| 2020 | 197.21 billion current LCU | -54.7% |
| 2021 | 244.91 billion current LCU | +24.2% |
| 2022 | 201.54 billion current LCU | -17.7% |
| 2023 | 354.27 billion current LCU | +75.8% |
| 2024 | 384.54 billion current LCU | +8.5% |
Macao compared with similar countries
- Macao's 384.54 billion current LCU is above the median for high income countries, which is 266.17 billion current LCU, 1.4× the median. (77 countries reporting)
- Macao's 384.54 billion current LCU is below the median for East Asia & Pacific, which is 504.71 billion current LCU, 76% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.62 billion current LCU | 30.19 billion current LCU | 54.30 billion current LCU | 9 |
| 2000s | 96.96 billion current LCU | 50.10 billion current LCU | 166.46 billion current LCU | 10 |
| 2010s | 369.61 billion current LCU | 223.25 billion current LCU | 437.74 billion current LCU | 10 |
| 2020s | 276.50 billion current LCU | 197.21 billion current LCU | 384.54 billion current LCU | 5 |
Countries ranked near Macao
- 116 French Polynesia 504.71 billion current LCU compare
- 117 Austria 457.89 billion current LCU compare
- 118 Mauritania 427.86 billion current LCU compare
- 120 New Zealand 382.74 billion current LCU compare
- 121 Bolivia 354.38 billion current LCU compare
- 122 Moldova 303.15 billion current LCU compare
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 74,350 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.02 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0988 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,499 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.3012 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 22,860 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.4232 current US$ per US$ of GDP (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 384.54 billion current LCU 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 437.74 billion current LCU in 2018.
- What is the lowest gross value added at basic prices (gva) recorded in Macao?
- The lowest recorded value was 30.19 billion current LCU in 1991.
- How does Macao rank for gross value added at basic prices (gva)?
- Macao ranks 119th out of 207 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 11.7%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.