Industry (including construction), value added in Macao

Macao: Industry (including construction), value added was -6.0% in 2024. ◆ Volatile

Latest (2024)
-6.0%
Change on year
down 202.9%
World rank
192nd
of 198 countries
All-time high
32.6%
in 2014
All-time low
-34.7%
in 2009
Years of data
16
2009–2024

Industry (including construction), value added in Macao, 2009–2024

-40-20020402009201620242009: -34.7 annual % growth2010: -18.2 annual % growth2011: 3.1 annual % growth2012: 10.6 annual % growth2013: 2.9 annual % growth2014: 32.6 annual % growth2015: 14.2 annual % growth2016: -17 annual % growth2017: -19.4 annual % growth2018: -8.4 annual % growth2019: 5 annual % growth2020: -9.6 annual % growth2021: 4.9 annual % growth2022: -5.8 annual % growth2023: 5.9 annual % growth2024: -6 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, industry (including construction), value added in Macao stood at -6.0%.

The figure is down 202.9% on the previous year and down 118.5% over ten years.

Over the whole period, industry (including construction), value added in Macao peaked at 32.6% in 2014 and was at its lowest, -34.7%, in 2009.

That places Macao 192nd out of 198 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -34.7% -34.7% -34.7% 1
2010s 0.5% -19.4% 32.6% 10
2020s -2.1% -9.6% 5.9% 5

Countries ranked near Macao

  1. 189 Haiti -5.1% compare
  2. 190 Venezuela -5.8% compare
  3. 191 Lebanon -5.8% compare
  4. 193 Iraq -6.5% compare
  5. 194 Botswana -7.8% compare
  6. 195 Syria -13.4% compare

See the full ranking of 243 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is industry (including construction), value added in Macao?
Industry (including construction), value added in Macao was -6.0% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Macao?
The highest recorded value was 32.6% in 2014.
What is the lowest industry (including construction), value added recorded in Macao?
The lowest recorded value was -34.7% in 2009.
How does Macao rank for industry (including construction), value added?
Macao ranks 192nd out of 198 countries with data for 2024.
Is industry (including construction), value added rising or falling in Macao?
Over the last ten years it is down 118.5%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 10,253 data points, 1961–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.