Macao GDP Growth Rate 1983-2023

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Macao gdp growth rate for 2021 was 19.27%, a 73.5% increase from 2020.
  • Macao gdp growth rate for 2020 was -54.24%, a 51.72% decline from 2019.
  • Macao gdp growth rate for 2019 was -2.51%, a 8.98% decline from 2018.
  • Macao gdp growth rate for 2018 was 6.46%, a 3.52% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Monaco 21.55%
Macao 19.27%
Aruba 17.17%
Panama 15.34%
Bahamas 13.72%
Ireland 13.59%
Croatia 13.07%
Chile 11.67%
Argentina 10.40%
Malta 10.30%
Andorra 8.95%
Israel 8.61%
Greece 8.43%
Slovenia 8.21%
Estonia 8.01%
Seychelles 7.86%
Singapore 7.61%
United Kingdom 7.52%
Hungary 7.12%
Poland 6.85%
France 6.82%
Italy 6.74%
Cyprus 6.64%
Hong Kong 6.34%
Belgium 6.13%
Lithuania 5.98%
United States 5.95%
Spain 5.52%
Portugal 5.48%
Bermuda 5.41%
Antigua and Barbuda 5.27%
Luxembourg 5.10%
Sweden 5.08%
Netherlands 4.86%
Denmark 4.86%
Austria 4.56%
Canada 4.54%
Iceland 4.40%
Uruguay 4.37%
Curacao 4.23%
Switzerland 4.22%
South Korea 4.15%
Latvia 4.07%
UAE 3.92%
Norway 3.88%
New Zealand 3.71%
Czech Republic 3.54%
Saudi Arabia 3.24%
Oman 3.09%
Slovak Republic 3.01%
Finland 2.97%
Germany 2.63%
Australia 2.24%
Bahrain 2.23%
Turks and Caicos Islands 2.10%
Cayman Islands 1.84%
Japan 1.66%
Qatar 1.59%
Guam 1.06%
French Polynesia 1.02%
Puerto Rico 0.21%
Barbados -0.19%
St. Kitts and Nevis -0.88%
Trinidad and Tobago -1.03%
Brunei -1.59%
Palau -13.33%
Macao GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 19.27% 73.50%
2020 -54.24% -51.72%
2019 -2.51% -8.98%
2018 6.46% -3.52%
2017 9.98% 10.66%
2016 -0.68% 20.84%
2015 -21.51% -19.47%
2014 -2.05% -12.80%
2013 10.75% 1.51%
2012 9.24% -12.37%
2011 21.62% -3.51%
2010 25.12% 23.85%
2009 1.27% -2.12%
2008 3.39% -11.08%
2007 14.48% 1.09%
2006 13.39% 5.32%
2005 8.08% -18.56%
2004 26.63% 14.99%
2003 11.64% 2.73%
2002 8.91% 6.02%
2001 2.89% -2.86%
2000 5.75% 8.11%
1999 -2.36% 2.21%
1998 -4.57% -4.29%
1997 -0.28% 0.14%
1996 -0.42% -3.72%
1995 3.30% -0.96%
1994 4.25% -0.93%
1993 5.19% -8.11%
1992 13.30% 9.64%
1991 3.66% -4.32%
1990 7.98% 2.96%
1989 5.02% -2.79%
1988 7.81% -6.48%
1987 14.29% 7.60%
1986 6.70% 5.96%
1985 0.73% -7.73%
1984 8.46% -1.57%
1983 10.02% -1.57%