Services, value added (constant LCU), annual growth rate in Macau, China

Macau, China: Services, value added (constant LCU), annual growth rate was 9.04 % change on previous year in 2024. ◆ Volatile

Latest (2024)
9.04 % change on previous year
Change on year
down 88.1%
World rank
8th
of 196 countries
All-time high
76 % change on previous year
in 2023
All-time low
-56.06 % change on previous year
in 2020
Years of data
16
2009–2024

Services, value added (constant LCU), annual growth rate in Macau, China, 2009–2024

-500501002009201620242009: 5.3 % change on previous year2010: 32.4 % change on previous year2011: 24.2 % change on previous year2012: 9.6 % change on previous year2013: 13.5 % change on previous year2014: -3.5 % change on previous year2015: -22.8 % change on previous year2016: 1.2 % change on previous year2017: 10.8 % change on previous year2018: 6.7 % change on previous year2019: -2.9 % change on previous year2020: -56.1 % change on previous year2021: 28.7 % change on previous year2022: -18.7 % change on previous year2023: 76 % change on previous year2024: 9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Macau, China recorded 9.04 % change on previous year for services, value added (constant lcu), annual growth rate 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 lcu), annual growth rate in Macau, China peaked at 76 % change on previous year in 2023 and was at its lowest, -56.06 % change on previous year, in 2020.

That places Macau, China 8th out of 196 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 LCU), annual growth rate in Macau, China, year by year

Annual values for Services, value added (constant LCU), annual growth rate in Macau, China, 2009 to 2024.
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

DecadeAverage LowestHighest 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 Macau, China

  1. 5 Kyrgyzstan 10.94 % change on previous year compare
  2. 6 Georgia 10.59 % change on previous year compare
  3. 7 South Sudan 10.38 % change on previous year compare
  4. 9 India 8.97 % change on previous year compare
  5. 10 Palau 8.91 % change on previous year compare
  6. 11 Niger 8.86 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Macau, China

All data for Macau, China →

Frequently asked questions

What is services, value added (constant lcu), annual growth rate in Macau, China?
Services, value added (constant lcu), annual growth rate in Macau, China was 9.04 % change on previous year in 2024, according to Statizoid (derived).
What is the highest services, value added (constant lcu), annual growth rate recorded in Macau, China?
The highest recorded value was 76 % change on previous year in 2023.
What is the lowest services, value added (constant lcu), annual growth rate recorded in Macau, China?
The lowest recorded value was -56.06 % change on previous year in 2020.
How does Macau, China rank for services, value added (constant lcu), annual growth rate?
Macau, China ranks 8th out of 196 countries with data for 2024.
Is services, value added (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Services, value added (constant LCU), annual growth rate in Macau, China. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/services-value-added-constant-lcu-annual-growth-rate/macao-sar-china/

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How this figure is calculated

The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Services, value added (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 7,752 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.