Gross value added at basic prices (GVA) in Macao
Macao: Gross value added at basic prices (GVA) was 383.29 billion constant LCU in 2024. ▼ Falling
Gross value added at basic prices (GVA) in Macao, 2008–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Macao is 383.29 billion constant LCU, measured in 2024.
That represents a change of 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 503.34 billion constant LCU in 2013 and was at its lowest, 200.42 billion constant LCU, in 2020.
That places Macao 105th out of 197 countries with data for 2024, putting it 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 | 255.93 billion constant LCU | 255.40 billion constant LCU | 256.46 billion constant LCU | 2 |
| 2010s | 426.14 billion constant LCU | 329.72 billion constant LCU | 503.34 billion constant LCU | 10 |
| 2020s | 280.17 billion constant LCU | 200.42 billion constant LCU | 383.29 billion constant LCU | 5 |
Countries ranked near Macao
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 383.29 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Macao?
- The highest recorded value was 503.34 billion constant LCU in 2013.
- What is the lowest gross value added at basic prices (gva) recorded in Macao?
- The lowest recorded value was 200.42 billion constant LCU in 2020.
- How does Macao rank for gross value added at basic prices (gva)?
- Macao ranks 105th out of 197 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.