Service exports (BoP, current US$), annual growth rate in Macao
Macao: Service exports (BoP, current US$), annual growth rate was 11.79 % change on previous year in 2024. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Macao, 2003–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service exports (bop, current us$), annual growth rate in Macao is 11.79 % change on previous year, measured in 2024.
That represents a change of down 93.3% on the previous year and up 100,524.0% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Macao peaked at 176.32 % change on previous year in 2023 and was at its lowest, -73.98 % change on previous year, in 2020.
That places Macao 68th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 12.34 % change on previous year | — |
| 2004 | 43.28 % change on previous year | +250.6% |
| 2005 | 7.05 % change on previous year | -83.7% |
| 2006 | 17.19 % change on previous year | +144.0% |
| 2007 | 31.53 % change on previous year | +83.4% |
| 2008 | 22.55 % change on previous year | -28.5% |
| 2009 | 8.19 % change on previous year | -63.7% |
| 2010 | 49.02 % change on previous year | +498.3% |
| 2011 | 35.89 % change on previous year | -26.8% |
| 2012 | 17.31 % change on previous year | -51.8% |
| 2013 | 19.63 % change on previous year | +13.4% |
| 2014 | 0.0117 % change on previous year | -99.9% |
| 2015 | -26.14 % change on previous year | -223216.9% |
| 2016 | -1.26 % change on previous year | -95.2% |
| 2017 | 17.66 % change on previous year | -1504.3% |
| 2018 | 12.48 % change on previous year | -29.3% |
| 2019 | -0.0946 % change on previous year | -100.8% |
| 2020 | -73.98 % change on previous year | +78116.3% |
| 2021 | 64.52 % change on previous year | -187.2% |
| 2022 | -28.96 % change on previous year | -144.9% |
| 2023 | 176.32 % change on previous year | -708.9% |
| 2024 | 11.79 % change on previous year | -93.3% |
Macao compared with similar countries
- Macao's 11.79 % change on previous year is above the median for high income countries, which is 8.45 % change on previous year, 1.4× the median. (71 countries reporting)
- Macao's 11.79 % change on previous year is above the median for East Asia & Pacific, which is 10.87 % change on previous year, 1.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -223216.9% | 0.0117 % change on previous year | -26.14 % change on previous year |
| 2020 | -78116.3% | -0.0946 % change on previous year | -73.98 % change on previous year |
| 2017 | +1504.3% | -1.26 % change on previous year | 17.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.31 % change on previous year | 7.05 % change on previous year | 43.28 % change on previous year | 7 |
| 2010s | 12.45 % change on previous year | -26.14 % change on previous year | 49.02 % change on previous year | 10 |
| 2020s | 29.94 % change on previous year | -73.98 % change on previous year | 176.32 % change on previous year | 5 |
Countries ranked near Macao
- 65 North Macedonia 12.31 % change on previous year compare
- 66 Bangladesh 12.08 % change on previous year compare
- 67 South Africa 12.01 % change on previous year compare
- 69 Micronesia (country) 11.75 % change on previous year compare
- 70 Pakistan 11.61 % change on previous year compare
- 71 Hong Kong 11.54 % change on previous year compare
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ 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 service exports (bop, current us$), annual growth rate in Macao?
- Service exports (bop, current us$), annual growth rate in Macao was 11.79 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Macao?
- The highest recorded value was 176.32 % change on previous year in 2023.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Macao?
- The lowest recorded value was -73.98 % change on previous year in 2020.
- How does Macao rank for service exports (bop, current us$), annual growth rate?
- Macao ranks 68th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), annual growth rate rising or falling in Macao?
- Over the last ten years it is up 100,524.0%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.