Services, value added (constant 2015 US$), annual growth rate in Macao
Macao: Services, value added (constant 2015 US$), annual growth rate was 9.04 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Macao, 2009–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant 2015 us$), annual growth rate in Macao is 9.04 % change on previous year, measured in 2024.
That represents a change of down 88.1% on the previous year and up 356.7% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Macao peaked at 76 % change on previous year in 2023 and was at its lowest, -56.06 % change on previous year, in 2020.
That places Macao 8th out of 195 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | 5.29 % change on previous year | — |
| 2010 | 32.39 % change on previous year | +512.3% |
| 2011 | 24.18 % change on previous year | -25.4% |
| 2012 | 9.58 % change on previous year | -60.4% |
| 2013 | 13.51 % change on previous year | +41.1% |
| 2014 | -3.52 % change on previous year | -126.1% |
| 2015 | -22.78 % change on previous year | +546.7% |
| 2016 | 1.15 % change on previous year | -105.0% |
| 2017 | 10.84 % change on previous year | +842.2% |
| 2018 | 6.74 % change on previous year | -37.8% |
| 2019 | -2.92 % change on previous year | -143.4% |
| 2020 | -56.06 % change on previous year | +1817.1% |
| 2021 | 28.75 % change on previous year | -151.3% |
| 2022 | -18.68 % change on previous year | -165.0% |
| 2023 | 76 % change on previous year | -506.9% |
| 2024 | 9.04 % change on previous year | -88.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.29 % change on previous year | 5.29 % change on previous year | 5.29 % change on previous year | 1 |
| 2010s | 6.92 % change on previous year | -22.78 % change on previous year | 32.39 % change on previous year | 10 |
| 2020s | 7.81 % change on previous year | -56.06 % change on previous year | 76 % change on previous year | 5 |
Countries ranked near Macao
More economy & growth data for Macao
- GNI, Atlas method (current US$), annual growth rate 9.23 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 7.94 current LCU per US$ of GDP (2024)
- GNI (current LCU), annual growth rate 10.04 % change on previous year (2024)
- GNI (current US$), per capita 71,145 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.9881 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 10.4 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 69,918 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.971 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), annual growth rate 7.67 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.5768 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Macao?
- Services, value added (constant 2015 us$), annual growth rate in Macao was 9.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Macao?
- The highest recorded value was 76 % change on previous year in 2023.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Macao?
- The lowest recorded value was -56.06 % change on previous year in 2020.
- How does Macao rank for services, value added (constant 2015 us$), annual growth rate?
- Macao ranks 8th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Macao?
- Over the last ten years it is up 356.7%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.