Gross value added at basic prices (GVA) in Macao

Macao: Gross value added at basic prices (GVA) was 384.54 billion current LCU in 2024. ◆ Volatile

Latest (2024)
384.54 billion current LCU
Change on year
up 8.5%
World rank
119th
of 206 countries
All-time high
437.74 billion current LCU
in 2018
All-time low
30.19 billion current LCU
in 1991
Years of data
34
1991–2024

Gross value added at basic prices (GVA) in Macao, 1991–2024

0100.0B200.0B300.0B400.0B1991200720241991: 30.2B current LCU1992: 39.0B current LCU1993: 44.5B current LCU1994: 48.9B current LCU1995: 54.2B current LCU1996: 52.9B current LCU1997: 54.3B current LCU1998: 49.2B current LCU1999: 46.6B current LCU2000: 50.1B current LCU2001: 50.6B current LCU2002: 55.8B current LCU2003: 62.6B current LCU2004: 77.7B current LCU2005: 91.0B current LCU2006: 109.6B current LCU2007: 142.6B current LCU2008: 163.2B current LCU2009: 166.5B current LCU2010: 223.3B current LCU2011: 296.3B current LCU2012: 343.7B current LCU2013: 411.4B current LCU2014: 435.6B current LCU2015: 357.2B current LCU2016: 357.8B current LCU2017: 397.8B current LCU2018: 437.7B current LCU2019: 435.3B current LCU2020: 197.2B current LCU2021: 244.9B current LCU2022: 201.5B current LCU2023: 354.3B current LCU2024: 384.5B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Macao recorded 384.54 billion current LCU for gross value added at basic prices (gva) in 2024.

The figure is up 8.5% on the previous year and down 11.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Macao peaked at 437.74 billion current LCU in 2018 and was at its lowest, 30.19 billion current LCU, in 1991.

Macao ranks 119th of 206 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 46.62 billion current LCU 30.19 billion current LCU 54.30 billion current LCU 9
2000s 96.96 billion current LCU 50.10 billion current LCU 166.46 billion current LCU 10
2010s 369.61 billion current LCU 223.25 billion current LCU 437.74 billion current LCU 10
2020s 276.50 billion current LCU 197.21 billion current LCU 384.54 billion current LCU 5

Countries ranked near Macao

  1. 116 French Polynesia 504.71 billion current LCU compare
  2. 117 Austria 457.89 billion current LCU compare
  3. 118 Mauritania 427.86 billion current LCU compare
  4. 120 New Zealand 382.74 billion current LCU compare
  5. 121 Bolivia 354.38 billion current LCU compare
  6. 122 Moldova 303.15 billion current LCU compare

See the full ranking of 206 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is gross value added at basic prices (gva) in Macao?
Gross value added at basic prices (gva) in Macao was 384.54 billion current LCU 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 437.74 billion current LCU in 2018.
What is the lowest gross value added at basic prices (gva) recorded in Macao?
The lowest recorded value was 30.19 billion current LCU in 1991.
How does Macao rank for gross value added at basic prices (gva)?
Macao ranks 119th out of 206 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 11.7%. The long-run trend across the full record is volatile.
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) (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,147 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.