Gross value added at basic prices (GVA) in Macao
Macao: Gross value added at basic prices (GVA) was 47.85 billion current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Macao, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Macao is 47.85 billion current US$, measured in 2024.
Compared with earlier readings it is up 8.9% on the previous year and down 12.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Macao peaked at 54.53 billion current US$ in 2014 and was at its lowest, 3.77 billion current US$, in 1991.
Macao ranks 97th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.85 billion current US$ | 3.77 billion current US$ | 6.81 billion current US$ | 9 |
| 2000s | 12.10 billion current US$ | 6.24 billion current US$ | 20.85 billion current US$ | 10 |
| 2010s | 46.11 billion current US$ | 27.90 billion current US$ | 54.53 billion current US$ | 10 |
| 2020s | 34.41 billion current US$ | 24.68 billion current US$ | 47.85 billion current US$ | 5 |
Countries ranked near Macao
More economy & growth data for Macao
- External balance on goods and services as a percent of GDP 45.4% (2025)
- Inflation of consumer prices 0.3% (2025)
- GDP per capita 66,444 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 0.6% (2024)
- Gross domestic product (GDP) 45.57 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 66,444 constant 2015 US$ (2025)
- DEC alternative conversion factor 8.03 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -29.31 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -3.65 billion current US$ (2024)
- Taxes less subsidies on products 905.00 million current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Macao?
- Gross value added at basic prices (gva) in Macao was 47.85 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Macao?
- The highest recorded value was 54.53 billion current US$ in 2014.
- What is the lowest gross value added at basic prices (gva) recorded in Macao?
- The lowest recorded value was 3.77 billion current US$ in 1991.
- How does Macao rank for gross value added at basic prices (gva)?
- Macao ranks 97th out of 204 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 12.3%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.