Services, value added in Macau, China
Macau, China: Services, value added was 9.0% in 2024. β Volatile
Services, value added in Macau, China, 2009β2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, services, value added in Macau, China stood at 9.0%.
The figure is down 88.1% on the previous year and up 356.7% over ten years.
Over the whole period, services, value added in Macau, China peaked at 76.0% in 2023 and was at its lowest, -56.1%, in 2020.
Macau, China ranks 8th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 5.3% | 5.3% | 1 |
| 2010s | 6.9% | -22.8% | 32.4% | 10 |
| 2020s | 7.8% | -56.1% | 76.0% | 5 |
Countries ranked near Macau, China
More economy & growth data for Macau, China
- US dollar per domestic currency (End-of-period (EoP)) 0.1248 (2025)
- External balance on goods and services as a percent of gdp 45.43 (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 66,444 units per person (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8754 units per US$ of GDP (2025)
- Gdp worldbank constant usd, annual growth rate 4.67 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0183 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 1,317 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0911 (2025)
Frequently asked questions
- What is services, value added in Macau, China?
- Services, value added in Macau, China was 9.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Macau, China?
- The highest recorded value was 76.0% in 2023.
- What is the lowest services, value added recorded in Macau, China?
- The lowest recorded value was -56.1% in 2020.
- How does Macau, China rank for services, value added?
- Macau, China ranks 8th out of 198 countries with data for 2024.
- Is services, value added rising or falling in Macau, China?
- Over the last ten years it is up 356.7%. The long-run trend across the full record is volatile.
- Where does this Macau, China data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.