Trade in services in Macau, China
Macau, China: Trade in services was 96.8% in 2024. ▲ Rising
Trade in services in Macau, China, 2002–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, trade in services in Macau, China stood at 96.8%. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 8.5% over ten years.
Over the whole period, trade in services in Macau, China peaked at 96.8% in 2024 and was at its lowest, 57.6%, in 2020.
Macau, China ranks 11th of 200 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Trade in services in Macau, China, 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 | 96.8% | +3.2% |
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 | 78.3% | 57.6% | 96.8% | 5 |
Countries ranked near Macau, China
- 8 Andorra 109.2% compare
- 9 San Marino 105.5% compare
- 10 Maldives 98.0% compare
- 12 Sint Maarten (Dutch part) 95.1% compare
- 13 Naoero 91.0% compare
- 14 Cayman Islands 87.1% compare
More economy & growth data for Macau, China
- Gross value added at basic prices (GVA) (constant 2015 US$), per 64,085 constant 2015 US$ per person (2024)
- Domestic currency per US dollar (End-of-period (EoP)) 8.02 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 10.98 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0911 (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 8.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.89 constant 2015 US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 1,317 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0183 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 163.91 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 557,923 constant LCU per person (2024)
Frequently asked questions
- What is trade in services in Macau, China?
- Trade in services in Macau, China was 96.8% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Macau, China?
- The highest recorded value was 96.8% in 2024.
- What is the lowest trade in services recorded in Macau, China?
- The lowest recorded value was 57.6% in 2020.
- How does Macau, China rank for trade in services?
- Macau, China ranks 11th out of 200 countries with data for 2024.
- Is trade in services rising or falling in Macau, China?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Macau, China 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
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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.