Macao GDP Growth Rate 1983-2024

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 2022 was -26.76%, a 46.03% decline from 2021.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Bahamas 14.37%
Ireland 11.97%
Panama 10.81%
Barbados 10.00%
Sint Maarten (Dutch part) 9.70%
St. Kitts and Nevis 9.00%
Andorra 8.81%
Seychelles 8.80%
Saudi Arabia 8.74%
Antigua and Barbuda 8.46%
Kuwait 8.18%
UAE 7.41%
Malta 6.85%
Portugal 6.69%
Israel 6.46%
Iceland 6.44%
Croatia 6.33%
Greece 5.91%
Cyprus 5.63%
Spain 5.45%
Slovenia 5.37%
Argentina 5.24%
Austria 5.00%
Uruguay 4.92%
Poland 4.87%
Bahrain 4.86%
Qatar 4.83%
Hungary 4.58%
Netherlands 4.48%
Oman 4.31%
United Kingdom 4.10%
Denmark 3.82%
Italy 3.67%
Singapore 3.65%
Australia 3.62%
Canada 3.40%
Puerto Rico 3.36%
Norway 3.28%
Belgium 3.25%
Bermuda 2.93%
Sweden 2.64%
France 2.56%
South Korea 2.56%
Trinidad and Tobago 2.48%
Czech Republic 2.46%
Chile 2.44%
New Zealand 2.16%
Finland 2.08%
United States 2.06%
Switzerland 2.06%
Latvia 1.98%
Lithuania 1.89%
Germany 1.79%
Slovak Republic 1.67%
Luxembourg 1.55%
Japan 1.03%
Turks and Caicos Islands -0.50%
Estonia -1.29%
Brunei -1.63%
Hong Kong -3.48%
Macao -26.76%
Macao GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 -26.76% -46.03%
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%