Services, value added (current US$), annual growth rate in Macao
Macao: Services, value added (current US$), annual growth rate was 9.81 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Macao, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (current us$), annual growth rate in Macao stood at 9.81 % change on previous year.
Compared with earlier readings it is down 88.2% on the previous year and up 122.4% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Macao peaked at 82.82 % change on previous year in 2023 and was at its lowest, -56.34 % change on previous year, in 2020.
That places Macao 81st out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 31.55 % change on previous year | — |
| 1993 | 17 % change on previous year | -46.1% |
| 1994 | 11.16 % change on previous year | -34.4% |
| 1995 | 12.35 % change on previous year | +10.6% |
| 1996 | -1.81 % change on previous year | -114.6% |
| 1997 | 2.61 % change on previous year | -244.3% |
| 1998 | -10.41 % change on previous year | -499.3% |
| 1999 | -5.73 % change on previous year | -45.0% |
| 2000 | 8.94 % change on previous year | -256.0% |
| 2001 | 2.8 % change on previous year | -68.6% |
| 2002 | 11.44 % change on previous year | +308.3% |
| 2003 | 12 % change on previous year | +4.9% |
| 2004 | 25.36 % change on previous year | +111.3% |
| 2005 | 14.01 % change on previous year | -44.7% |
| 2006 | 15.66 % change on previous year | +11.8% |
| 2007 | 31.17 % change on previous year | +99.1% |
| 2008 | 17.45 % change on previous year | -44.0% |
| 2009 | 7.86 % change on previous year | -54.9% |
| 2010 | 37.74 % change on previous year | +380.0% |
| 2011 | 33.43 % change on previous year | -11.4% |
| 2012 | 16.56 % change on previous year | -50.5% |
| 2013 | 20.11 % change on previous year | +21.4% |
| 2014 | 4.41 % change on previous year | -78.1% |
| 2015 | -20.29 % change on previous year | -559.9% |
| 2016 | 1.21 % change on previous year | -106.0% |
| 2017 | 12.64 % change on previous year | +944.0% |
| 2018 | 10.46 % change on previous year | -17.2% |
| 2019 | -0.6741 % change on previous year | -106.4% |
| 2020 | -56.34 % change on previous year | +8258.8% |
| 2021 | 25.2 % change on previous year | -144.7% |
| 2022 | -19.62 % change on previous year | -177.9% |
| 2023 | 82.82 % change on previous year | -522.1% |
| 2024 | 9.81 % change on previous year | -88.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.09 % change on previous year | -10.41 % change on previous year | 31.55 % change on previous year | 8 |
| 2000s | 14.67 % change on previous year | 2.8 % change on previous year | 31.17 % change on previous year | 10 |
| 2010s | 11.56 % change on previous year | -20.29 % change on previous year | 37.74 % change on previous year | 10 |
| 2020s | 8.37 % change on previous year | -56.34 % change on previous year | 82.82 % change on previous year | 5 |
Countries ranked near Macao
- 78 Cyprus 10.07 % change on previous year compare
- 79 Pakistan 10.04 % change on previous year compare
- 80 United States of America 9.94 % change on previous year compare
- 82 Cameroon 9.8 % change on previous year compare
- 83 Netherlands 9.69 % change on previous year compare
- 84 Latvia 9.67 % change on previous year compare
More economy & growth data for Macao
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gross domestic savings (current LCU), annual growth rate 7.57 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.63 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 351,566 current LCU per person (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Gdp worldbank constant usd, per capita 66,444 units per person (2025)
- Gdp worldbank constant usd, annual growth rate 4.67 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8754 units per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 43,783 current US$ per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.23 % change on previous year (2024)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Macao?
- Services, value added (current us$), annual growth rate in Macao was 9.81 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Macao?
- The highest recorded value was 82.82 % change on previous year in 2023.
- What is the lowest services, value added (current us$), annual growth rate recorded in Macao?
- The lowest recorded value was -56.34 % change on previous year in 2020.
- How does Macao rank for services, value added (current us$), annual growth rate?
- Macao ranks 81st out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Macao?
- Over the last ten years it is up 122.4%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.