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$, in 1991.
Macao ranks 97th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 3.77 billion current US$ | — |
| 1992 | 4.89 billion current US$ | +29.6% |
| 1993 | 5.59 billion current US$ | +14.3% |
| 1994 | 6.14 billion current US$ | +9.9% |
| 1995 | 6.80 billion current US$ | +10.8% |
| 1996 | 6.64 billion current US$ | -2.5% |
| 1997 | 6.81 billion current US$ | +2.6% |
| 1998 | 6.16 billion current US$ | -9.5% |
| 1999 | 5.83 billion current US$ | -5.5% |
| 2000 | 6.24 billion current US$ | +7.2% |
| 2001 | 6.29 billion current US$ | +0.8% |
| 2002 | 6.94 billion current US$ | +10.3% |
| 2003 | 7.80 billion current US$ | +12.4% |
| 2004 | 9.69 billion current US$ | +24.2% |
| 2005 | 11.36 billion current US$ | +17.2% |
| 2006 | 13.69 billion current US$ | +20.5% |
| 2007 | 17.75 billion current US$ | +29.6% |
| 2008 | 20.35 billion current US$ | +14.6% |
| 2009 | 20.85 billion current US$ | +2.5% |
| 2010 | 27.90 billion current US$ | +33.8% |
| 2011 | 36.95 billion current US$ | +32.4% |
| 2012 | 43.02 billion current US$ | +16.4% |
| 2013 | 51.50 billion current US$ | +19.7% |
| 2014 | 54.53 billion current US$ | +5.9% |
| 2015 | 44.73 billion current US$ | -18.0% |
| 2016 | 44.75 billion current US$ | +0.0% |
| 2017 | 49.56 billion current US$ | +10.8% |
| 2018 | 54.23 billion current US$ | +9.4% |
| 2019 | 53.94 billion current US$ | -0.5% |
| 2020 | 24.68 billion current US$ | -54.2% |
| 2021 | 30.59 billion current US$ | +23.9% |
| 2022 | 24.99 billion current US$ | -18.3% |
| 2023 | 43.94 billion current US$ | +75.8% |
| 2024 | 47.85 billion current US$ | +8.9% |
Macao compared with similar countries
- Macao's 47.85 billion current US$ is below the median for high income countries, which is 110.20 billion current US$, 43% of the median. (77 countries reporting)
- Macao's 47.85 billion current US$ is above the median for East Asia & Pacific, which is 22.97 billion current US$, 2.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.85 billion current US$ | 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
- 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 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 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 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.