Inflation, GDP deflator in Macao

Macao: Inflation, GDP deflator was 0.5% in 2025. ◆ Volatile

Latest (2025)
0.5%
Change on year
up 134.4%
World rank
184th
of 212 countries
All-time high
14.7%
in 1992
All-time low
-2.0%
in 1998
Years of data
43
1983–2025

Inflation, GDP deflator in Macao, 1983–2025

0510151983200420251983: 8.1 annual %1984: 14.3 annual %1985: 3.2 annual %1986: 5.6 annual %1987: 11.8 annual %1988: 8.9 annual %1989: 12.5 annual %1990: 10.9 annual %1991: 11.7 annual %1992: 14.7 annual %1993: 9.5 annual %1994: 6.8 annual %1995: 8.2 annual %1996: 2.3 annual %1997: 1.7 annual %1998: -2 annual %1999: -1.2 annual %2000: -1.7 annual %2001: -1.5 annual %2002: -1.3 annual %2003: 0.048 annual %2004: 1.9 annual %2005: 5.6 annual %2006: 7.7 annual %2007: 8.8 annual %2008: 10.1 annual %2009: 0.906 annual %2010: 4.8 annual %2011: 7.5 annual %2012: 6.9 annual %2013: 7.7 annual %2014: 8.7 annual %2015: 4.5 annual %2016: 0.888 annual %2017: 2.2 annual %2018: 3.6 annual %2019: 2.4 annual %2020: -0.26 annual %2021: -0.844 annual %2022: 1.2 annual %2023: 4.4 annual %2024: 0.196 annual %2025: 0.459 annual %

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.

Analysis

In 2025, inflation, gdp deflator in Macao stood at 0.5%.

The figure is up 134.4% on the previous year and down 89.9% over ten years.

Over the whole period, inflation, gdp deflator in Macao peaked at 14.7% in 1992 and was at its lowest, -2.0%, in 1998.

Macao ranks 184th of 212 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Inflation, GDP deflator in Macao, year by year

Annual values for Inflation, GDP deflator (annual %) in Macao, 1983 to 2025.
Year annual % Change
1983 8.1%
1984 14.3% +76.9%
1985 3.2% -77.6%
1986 5.6% +75.7%
1987 11.8% +109.4%
1988 8.9% -24.7%
1989 12.5% +40.8%
1990 10.9% -12.2%
1991 11.7% +6.5%
1992 14.7% +26.5%
1993 9.5% -35.3%
1994 6.8% -29.2%
1995 8.2% +21.2%
1996 2.3% -72.3%
1997 1.7% -26.8%
1998 -2.0% -217.7%
1999 -1.2% -39.3%
2000 -1.7% +46.9%
2001 -1.5% -15.3%
2002 -1.3% -9.7%
2003 0.0% -103.6%
2004 1.9% +3909.1%
2005 5.6% +188.6%
2006 7.7% +39.1%
2007 8.8% +13.1%
2008 10.1% +15.0%
2009 0.9% -91.0%
2010 4.8% +430.4%
2011 7.5% +55.7%
2012 6.9% -7.2%
2013 7.7% +11.5%
2014 8.7% +12.7%
2015 4.5% -48.1%
2016 0.9% -80.4%
2017 2.2% +143.0%
2018 3.6% +64.5%
2019 2.4% -32.4%
2020 -0.3% -110.8%
2021 -0.8% +224.6%
2022 1.2% -237.6%
2023 4.4% +276.8%
2024 0.2% -95.5%
2025 0.5% +134.4%

Averages by decade

DecadeAverage LowestHighest Years
1980s 9.2% 3.2% 14.3% 7
1990s 6.3% -2.0% 14.7% 10
2000s 3.0% -1.7% 10.1% 10
2010s 4.9% 0.9% 8.7% 10
2020s 0.8% -0.8% 4.4% 6

Countries ranked near Macao

  1. 181 Algeria 0.8% compare
  2. 182 Grenada 0.7% compare
  3. 183 Azerbaijan 0.6% compare
  4. 185 Bahamas 0.3% compare
  5. 186 Switzerland 0.3% compare
  6. 187 Bahrain 0.2% compare

See the full ranking of 260 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is inflation, gdp deflator in Macao?
Inflation, gdp deflator in Macao was 0.5% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest inflation, gdp deflator recorded in Macao?
The highest recorded value was 14.7% in 1992.
What is the lowest inflation, gdp deflator recorded in Macao?
The lowest recorded value was -2.0% in 1998.
How does Macao rank for inflation, gdp deflator?
Macao ranks 184th out of 212 countries with data for 2025.
Is inflation, gdp deflator rising or falling in Macao?
Over the last ten years it is down 89.9%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.

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Inflation, GDP deflator in Macao. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/inflation-gdp-deflator-annual-percent/macao-sar-china/

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,212 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.