Trade in services (% of GDP) in Macao
Macao: Trade in services (% of GDP) was 97.5% in 2025. ▲ Rising
Trade in services in Macao, 2002–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Macao stood at 97.5%. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 0.9% on the previous year and up 17.4% over ten years.
Over the whole period, trade in services in Macao peaked at 97.5% in 2025 and was at its lowest, 57.6%, in 2020.
Macao ranks 11th of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Trade in services (% of GDP) in Macao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 75.7% | — |
| 2003 | 75.0% | -0.9% |
| 2004 | 79.7% | +6.3% |
| 2005 | 76.3% | -4.4% |
| 2006 | 72.4% | -5.0% |
| 2007 | 77.2% | +6.6% |
| 2008 | 82.0% | +6.3% |
| 2009 | 83.2% | +1.4% |
| 2010 | 92.8% | +11.6% |
| 2011 | 95.9% | +3.3% |
| 2012 | 96.2% | +0.3% |
| 2013 | 94.5% | -1.7% |
| 2014 | 89.2% | -5.6% |
| 2015 | 83.1% | -6.9% |
| 2016 | 82.3% | -0.9% |
| 2017 | 86.6% | +5.2% |
| 2018 | 89.0% | +2.7% |
| 2019 | 88.6% | -0.5% |
| 2020 | 57.6% | -35.0% |
| 2021 | 74.2% | +28.9% |
| 2022 | 69.4% | -6.5% |
| 2023 | 93.8% | +35.1% |
| 2024 | 96.7% | +3.1% |
| 2025 | 97.5% | +0.9% |
Macao compared with similar countries
- Macao's 97.5% is above the median for high income countries, which is 32.3%, 3.0× the median. (72 countries reporting)
- Macao's 97.5% is above the median for East Asia & Pacific, which is 26.5%, 3.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.7% | 72.4% | 83.2% | 8 |
| 2010s | 89.8% | 82.3% | 96.2% | 10 |
| 2020s | 81.5% | 57.6% | 97.5% | 6 |
Countries ranked near Macao
- 8 Andorra 109.2% compare
- 9 San Marino 105.5% compare
- 10 Maldives 99.4% compare
- 12 Sint Maarten (Dutch part) 95.1% compare
- 13 Nauru 91.0% compare
- 14 Cayman Islands 87.1% compare
More economy & growth data for Macao
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.24 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0251 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,806 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.89 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 65.29 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0382 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,753 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.24 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.5885 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 44,668 includes gold, current US$ per person (2025)
Frequently asked questions
- What is trade in services in Macao?
- Trade in services in Macao was 97.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Macao?
- The highest recorded value was 97.5% in 2025.
- What is the lowest trade in services recorded in Macao?
- The lowest recorded value was 57.6% in 2020.
- How does Macao rank for trade in services?
- Macao ranks 11th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Macao?
- Over the last ten years it is up 17.4%. The long-run trend across the full record is rising.
- Where does this Macao data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.