Terms of trade adjustment (constant LCU), annual growth rate in Macao

Macao: Terms of trade adjustment (constant LCU), annual growth rate was -38.63 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-38.63 % change on previous year
Change on year
down 138.6%
World rank
141st
of 178 countries
All-time high
172.96 % change on previous year
in 2019
All-time low
-525.13 % change on previous year
in 2021
Years of data
42
1983–2025

Terms of trade adjustment (constant LCU), annual growth rate in Macao, 1983–2025

-600-400-20002001983200420251983: -8.7 % change on previous year1984: -9.7 % change on previous year1985: 5 % change on previous year1986: -2.8 % change on previous year1987: -12.7 % change on previous year1988: -1.8 % change on previous year1989: -4 % change on previous year1990: -0.086 % change on previous year1991: 8.1 % change on previous year1992: 9 % change on previous year1993: 3.8 % change on previous year1994: -5.9 % change on previous year1995: 6.6 % change on previous year1996: -3.9 % change on previous year1997: -2.8 % change on previous year1998: 0.012 % change on previous year1999: 6.4 % change on previous year2000: -21.5 % change on previous year2001: -3.4 % change on previous year2002: -9.2 % change on previous year2003: -9.4 % change on previous year2004: -33.7 % change on previous year2005: 0.315 % change on previous year2006: -3.6 % change on previous year2007: -10.4 % change on previous year2008: -2.5 % change on previous year2009: 12.7 % change on previous year2010: -38.2 % change on previous year2011: -24.9 % change on previous year2012: 2.3 % change on previous year2013: 20.3 % change on previous year2014: 48.9 % change on previous year2015: 62.1 % change on previous year2016: 9.7 % change on previous year2017: -2.7 % change on previous year2018: 55.9 % change on previous year2019: 173 % change on previous year2020: -155.1 % change on previous year2021: -525.1 % change on previous year2022: 29.1 % change on previous year2023: 100 % change on previous year2025: -38.6 % change on previous year

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

Analysis

The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Macao is -38.63 % change on previous year, measured in 2025.

Compared with earlier readings it is down 138.6% on the previous year and down 162.2% over ten years.

Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Macao peaked at 172.96 % change on previous year in 2019 and was at its lowest, -525.13 % change on previous year, in 2021.

That places Macao 141st out of 178 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Terms of trade adjustment (constant LCU), annual growth rate in Macao, year by year

Annual values for Terms of trade adjustment (constant LCU), annual growth rate in Macao, 1983 to 2025.
Year % change on previous year Change
1983 -8.66 % change on previous year
1984 -9.66 % change on previous year +11.5%
1985 5.03 % change on previous year -152.0%
1986 -2.8 % change on previous year -155.8%
1987 -12.74 % change on previous year +354.1%
1988 -1.83 % change on previous year -85.6%
1989 -4.05 % change on previous year +121.2%
1990 -0.0856 % change on previous year -97.9%
1991 8.08 % change on previous year -9539.4%
1992 8.96 % change on previous year +10.8%
1993 3.81 % change on previous year -57.5%
1994 -5.87 % change on previous year -254.1%
1995 6.56 % change on previous year -211.8%
1996 -3.87 % change on previous year -159.1%
1997 -2.75 % change on previous year -29.0%
1998 0.0116 % change on previous year -100.4%
1999 6.35 % change on previous year +54758.3%
2000 -21.49 % change on previous year -438.4%
2001 -3.44 % change on previous year -84.0%
2002 -9.2 % change on previous year +167.3%
2003 -9.42 % change on previous year +2.4%
2004 -33.7 % change on previous year +257.6%
2005 0.3151 % change on previous year -100.9%
2006 -3.62 % change on previous year -1248.1%
2007 -10.4 % change on previous year +187.4%
2008 -2.52 % change on previous year -75.8%
2009 12.71 % change on previous year -604.4%
2010 -38.24 % change on previous year -400.9%
2011 -24.92 % change on previous year -34.8%
2012 2.33 % change on previous year -109.3%
2013 20.34 % change on previous year +773.2%
2014 48.89 % change on previous year +140.3%
2015 62.06 % change on previous year +27.0%
2016 9.7 % change on previous year -84.4%
2017 -2.73 % change on previous year -128.1%
2018 55.92 % change on previous year -2147.9%
2019 172.96 % change on previous year +209.3%
2020 -155.08 % change on previous year -189.7%
2021 -525.13 % change on previous year +238.6%
2022 29.12 % change on previous year -105.5%
2023 100 % change on previous year +243.4%
2025 -38.63 % change on previous year -138.6%

Macao compared with similar countries

  • Macao's -38.63 % change on previous year is below the median for high income countries, which is 12.48 % change on previous year. (63 countries reporting)
  • Macao's -38.63 % change on previous year is below the median for East Asia & Pacific, which is 12.8 % change on previous year. (28 countries reporting)

Biggest year-on-year movements

Years where Terms of trade adjustment (constant LCU), 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.

YearChange FromTo
1999 +54758.3% 0.0116 % change on previous year 6.35 % change on previous year
1991 +9539.4% -0.0856 % change on previous year 8.08 % change on previous year
2018 +2147.9% -2.73 % change on previous year 55.92 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s -4.96 % change on previous year -12.74 % change on previous year 5.03 % change on previous year 7
1990s 2.12 % change on previous year -5.87 % change on previous year 8.96 % change on previous year 10
2000s -8.08 % change on previous year -33.7 % change on previous year 12.71 % change on previous year 10
2010s 30.63 % change on previous year -38.24 % change on previous year 172.96 % change on previous year 10
2020s -117.95 % change on previous year -525.13 % change on previous year 100 % change on previous year 5

Countries ranked near Macao

  1. 138 Eswatini -31.54 % change on previous year compare
  2. 139 Bermuda -32.52 % change on previous year compare
  3. 140 Ecuador -32.65 % change on previous year compare
  4. 142 Cyprus -40.08 % change on previous year compare
  5. 143 Hong Kong -40.29 % change on previous year compare
  6. 144 Iraq -42.66 % change on previous year compare

See the full ranking of 178 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is terms of trade adjustment (constant lcu), annual growth rate in Macao?
Terms of trade adjustment (constant lcu), annual growth rate in Macao was -38.63 % change on previous year in 2025, according to Statizoid (derived).
What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Macao?
The highest recorded value was 172.96 % change on previous year in 2019.
What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Macao?
The lowest recorded value was -525.13 % change on previous year in 2021.
How does Macao rank for terms of trade adjustment (constant lcu), annual growth rate?
Macao ranks 141st out of 178 countries with data for 2025.
Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Macao?
Over the last ten years it is down 162.2%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Terms of trade adjustment (constant LCU), annual growth rate in Macao. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/macao-sar-china/

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<a href="https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/macao-sar-china/">Terms of trade adjustment (constant LCU), annual growth rate in Macao</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Terms of trade adjustment (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
Terms of trade adjustment (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
178 places, 7,062 data points, 1961–2025
Last refreshed

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