Manufacturing, value added in Macao
Macao: Manufacturing, value added was 319.90 million current US$ in 2024. ▼ Falling
Manufacturing, value added in Macao, 1991–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Macao stood at 319.90 million current US$.
That represents a change of down 7.9% on the previous year and up 40.2% over ten years.
Over the whole period, manufacturing, value added in Macao peaked at 507.00 million current US$ in 1992 and was at its lowest, 155.71 million current US$, in 2010.
That places Macao 161st out of 205 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Manufacturing, value added in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 491.11 million current US$ | — |
| 1992 | 507.00 million current US$ | +3.2% |
| 1993 | 455.98 million current US$ | -10.1% |
| 1994 | 459.91 million current US$ | +0.9% |
| 1995 | 468.39 million current US$ | +1.8% |
| 1996 | 467.34 million current US$ | -0.2% |
| 1997 | 484.62 million current US$ | +3.7% |
| 1998 | 496.57 million current US$ | +2.5% |
| 1999 | 480.24 million current US$ | -3.3% |
| 2000 | 504.49 million current US$ | +5.1% |
| 2001 | 411.90 million current US$ | -18.4% |
| 2002 | 389.25 million current US$ | -5.5% |
| 2003 | 382.98 million current US$ | -1.6% |
| 2004 | 394.16 million current US$ | +2.9% |
| 2005 | 379.73 million current US$ | -3.7% |
| 2006 | 426.17 million current US$ | +12.2% |
| 2007 | 384.65 million current US$ | -9.7% |
| 2008 | 299.00 million current US$ | -22.3% |
| 2009 | 212.54 million current US$ | -28.9% |
| 2010 | 155.71 million current US$ | -26.7% |
| 2011 | 168.24 million current US$ | +8.1% |
| 2012 | 199.38 million current US$ | +18.5% |
| 2013 | 204.53 million current US$ | +2.6% |
| 2014 | 228.12 million current US$ | +11.5% |
| 2015 | 257.11 million current US$ | +12.7% |
| 2016 | 268.29 million current US$ | +4.3% |
| 2017 | 288.44 million current US$ | +7.5% |
| 2018 | 297.80 million current US$ | +3.2% |
| 2019 | 295.52 million current US$ | -0.8% |
| 2020 | 210.54 million current US$ | -28.8% |
| 2021 | 256.20 million current US$ | +21.7% |
| 2022 | 234.09 million current US$ | -8.6% |
| 2023 | 347.37 million current US$ | +48.4% |
| 2024 | 319.90 million current US$ | -7.9% |
Macao compared with similar countries
- Macao's 319.90 million current US$ is below the median for high income countries, which is 12.50 billion current US$, 3% of the median. (75 countries reporting)
- Macao's 319.90 million current US$ is below the median for East Asia & Pacific, which is 1.49 billion current US$, 21% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 479.02 million current US$ | 455.98 million current US$ | 507.00 million current US$ | 9 |
| 2000s | 378.49 million current US$ | 212.54 million current US$ | 504.49 million current US$ | 10 |
| 2010s | 236.31 million current US$ | 155.71 million current US$ | 297.80 million current US$ | 10 |
| 2020s | 273.62 million current US$ | 210.54 million current US$ | 347.37 million current US$ | 5 |
Countries ranked near Macao
- 158 Faroe Islands 383.50 million current US$ compare
- 159 Barbados 376.05 million current US$ compare
- 160 Lebanon 330.05 million current US$ compare
- 162 Lesotho 288.56 million current US$ compare
- 163 Montenegro 275.66 million current US$ compare
- 164 French Polynesia 263.67 million 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 manufacturing, value added in Macao?
- Manufacturing, value added in Macao was 319.90 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Macao?
- The highest recorded value was 507.00 million current US$ in 1992.
- What is the lowest manufacturing, value added recorded in Macao?
- The lowest recorded value was 155.71 million current US$ in 2010.
- How does Macao rank for manufacturing, value added?
- Macao ranks 161st out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Macao?
- Over the last ten years it is up 40.2%. The long-run trend across the full record is falling.
- Where does this Macao data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.