Gross value added at basic prices (GVA) in Macao
Macao: Gross value added at basic prices (GVA) was 44.03 billion constant 2015 US$ in 2024. ▼ Falling
Gross value added at basic prices (GVA) in Macao, 2008–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Macao is 44.03 billion constant 2015 US$, measured in 2024.
The figure is up 8.2% on the previous year and down 22.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Macao peaked at 57.82 billion constant 2015 US$ in 2013 and was at its lowest, 23.02 billion constant 2015 US$, in 2020.
Macao ranks 91st of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.40 billion constant 2015 US$ | 29.34 billion constant 2015 US$ | 29.46 billion constant 2015 US$ | 2 |
| 2010s | 48.95 billion constant 2015 US$ | 37.87 billion constant 2015 US$ | 57.82 billion constant 2015 US$ | 10 |
| 2020s | 32.18 billion constant 2015 US$ | 23.02 billion constant 2015 US$ | 44.03 billion constant 2015 US$ | 5 |
Countries ranked near Macao
- 88 Jordan 47.88 billion constant 2015 US$ compare
- 89 Tunisia 46.68 billion constant 2015 US$ compare
- 90 Paraguay 45.40 billion constant 2015 US$ compare
- 92 Cameroon 40.85 billion constant 2015 US$ compare
- 93 Bahrain 40.59 billion constant 2015 US$ compare
- 94 Cambodia 38.08 billion constant 2015 US$ compare
More economy & growth data for Macao
- Gross national expenditure 228.12 billion current LCU (2025)
- Final consumption expenditure 176.90 billion current LCU (2025)
- Final consumption expenditure 19.55 billion constant 2015 US$ (2025)
- Final consumption expenditure 1.8% (2025)
- Industry (including construction), value added 18.79 billion constant LCU (2024)
- Final consumption expenditure 42.3% (2025)
- Industry (including construction), value added -6.0% (2024)
- Gross national expenditure 28.41 billion current US$ (2025)
- Exports of goods and services 385.79 billion current LCU (2025)
- Exports of goods and services 48.05 billion current US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Macao?
- Gross value added at basic prices (gva) in Macao was 44.03 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Macao?
- The highest recorded value was 57.82 billion constant 2015 US$ in 2013.
- What is the lowest gross value added at basic prices (gva) recorded in Macao?
- The lowest recorded value was 23.02 billion constant 2015 US$ in 2020.
- How does Macao rank for gross value added at basic prices (gva)?
- Macao ranks 91st out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Macao?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- Where does this Macao data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.