Industry (including construction), value added in Macao
Macao: Industry (including construction), value added was 2.32 billion current US$ in 2024. ▲ Rising
Industry (including construction), value added in Macao, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for industry (including construction), value added in Macao is 2.32 billion current US$, measured in 2024.
The figure is down 6.4% on the previous year and down 16.1% over ten years.
Over the whole period, industry (including construction), value added in Macao peaked at 3.47 billion current US$ in 2015 and was at its lowest, 673.68 million current US$, in 2001.
That places Macao 152nd out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Industry (including construction), value added in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 703.63 million current US$ | — |
| 1992 | 850.57 million current US$ | +20.9% |
| 1993 | 863.63 million current US$ | +1.5% |
| 1994 | 889.29 million current US$ | +3.0% |
| 1995 | 906.40 million current US$ | +1.9% |
| 1996 | 845.93 million current US$ | -6.7% |
| 1997 | 866.05 million current US$ | +2.4% |
| 1998 | 840.23 million current US$ | -3.0% |
| 1999 | 807.95 million current US$ | -3.8% |
| 2000 | 776.24 million current US$ | -3.9% |
| 2001 | 673.68 million current US$ | -13.2% |
| 2002 | 680.65 million current US$ | +1.0% |
| 2003 | 787.53 million current US$ | +15.7% |
| 2004 | 895.89 million current US$ | +13.8% |
| 2005 | 1.33 billion current US$ | +48.9% |
| 2006 | 2.10 billion current US$ | +57.2% |
| 2007 | 2.54 billion current US$ | +21.2% |
| 2008 | 2.48 billion current US$ | -2.4% |
| 2009 | 1.58 billion current US$ | -36.4% |
| 2010 | 1.36 billion current US$ | -14.0% |
| 2011 | 1.53 billion current US$ | +12.9% |
| 2012 | 1.74 billion current US$ | +13.7% |
| 2013 | 1.92 billion current US$ | +10.0% |
| 2014 | 2.77 billion current US$ | +44.3% |
| 2015 | 3.47 billion current US$ | +25.3% |
| 2016 | 2.98 billion current US$ | -13.9% |
| 2017 | 2.52 billion current US$ | -15.6% |
| 2018 | 2.26 billion current US$ | -10.3% |
| 2019 | 2.32 billion current US$ | +2.8% |
| 2020 | 2.15 billion current US$ | -7.3% |
| 2021 | 2.38 billion current US$ | +10.7% |
| 2022 | 2.31 billion current US$ | -2.8% |
| 2023 | 2.48 billion current US$ | +7.2% |
| 2024 | 2.32 billion current US$ | -6.4% |
Macao compared with similar countries
- Macao's 2.32 billion current US$ is below the median for high income countries, which is 25.19 billion current US$, 9% of the median. (77 countries reporting)
- Macao's 2.32 billion current US$ is below the median for East Asia & Pacific, which is 9.23 billion current US$, 25% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 841.52 million current US$ | 703.63 million current US$ | 906.40 million current US$ | 9 |
| 2000s | 1.38 billion current US$ | 673.68 million current US$ | 2.54 billion current US$ | 10 |
| 2010s | 2.29 billion current US$ | 1.36 billion current US$ | 3.47 billion current US$ | 10 |
| 2020s | 2.33 billion current US$ | 2.15 billion current US$ | 2.48 billion current US$ | 5 |
Countries ranked near Macao
- 149 Palestine 2.60 billion current US$ compare
- 150 Afghanistan 2.58 billion current US$ compare
- 151 Togo 2.50 billion current US$ compare
- 153 Malawi 2.13 billion current US$ compare
- 154 New Caledonia 2.12 billion current US$ compare
- 155 Sierra Leone 1.92 billion current US$ 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 industry (including construction), value added in Macao?
- Industry (including construction), value added in Macao was 2.32 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Macao?
- The highest recorded value was 3.47 billion current US$ in 2015.
- What is the lowest industry (including construction), value added recorded in Macao?
- The lowest recorded value was 673.68 million current US$ in 2001.
- How does Macao rank for industry (including construction), value added?
- Macao ranks 152nd out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Macao?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is rising.
- Where does this Macao data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.