Gross value added at basic prices (GVA) in Macao

Macao: Gross value added at basic prices (GVA) was 47.85 billion current US$ in 2024. ◆ Volatile

Latest (2024)
47.85 billion current US$
Change on year
up 8.9%
World rank
97th
of 206 countries
All-time high
54.53 billion current US$
in 2014
All-time low
3.77 billion current US$
in 1991
Years of data
34
1991–2024

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

020.0B40.0B60.0B1991200720241991: 3.8B current US$1992: 4.9B current US$1993: 5.6B current US$1994: 6.1B current US$1995: 6.8B current US$1996: 6.6B current US$1997: 6.8B current US$1998: 6.2B current US$1999: 5.8B current US$2000: 6.2B current US$2001: 6.3B current US$2002: 6.9B current US$2003: 7.8B current US$2004: 9.7B current US$2005: 11.4B current US$2006: 13.7B current US$2007: 17.8B current US$2008: 20.3B current US$2009: 20.8B current US$2010: 27.9B current US$2011: 36.9B current US$2012: 43.0B current US$2013: 51.5B current US$2014: 54.5B current US$2015: 44.7B current US$2016: 44.7B current US$2017: 49.6B current US$2018: 54.2B current US$2019: 53.9B current US$2020: 24.7B current US$2021: 30.6B current US$2022: 25.0B current US$2023: 43.9B current US$2024: 47.8B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Macao is 47.85 billion current US$, measured in 2024.

Compared with earlier readings it is up 8.9% on the previous year and down 12.3% over ten years.

Over the whole period, gross value added at basic prices (gva) in Macao peaked at 54.53 billion current US$ in 2014 and was at its lowest, 3.77 billion current US$, in 1991.

Macao ranks 97th 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 5.85 billion current US$ 3.77 billion current US$ 6.81 billion current US$ 9
2000s 12.10 billion current US$ 6.24 billion current US$ 20.85 billion current US$ 10
2010s 46.11 billion current US$ 27.90 billion current US$ 54.53 billion current US$ 10
2020s 34.41 billion current US$ 24.68 billion current US$ 47.85 billion current US$ 5

Countries ranked near Macao

  1. 94 Zimbabwe 48.51 billion current US$ compare
  2. 95 Turkmenistan 48.44 billion current US$ compare
  3. 96 Cambodia 48.31 billion current US$ compare
  4. 98 Bahrain 46.90 billion current US$ compare
  5. 99 Paraguay 45.35 billion current US$ compare
  6. 100 Latvia 42.27 billion current US$ compare

See the full ranking of 244 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 47.85 billion current US$ 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 54.53 billion current US$ in 2014.
What is the lowest gross value added at basic prices (gva) recorded in Macao?
The lowest recorded value was 3.77 billion current US$ in 1991.
How does Macao rank for gross value added at basic prices (gva)?
Macao ranks 97th 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 12.3%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 indicator is expressed in United States dollars.