GDP growth (annual %) (UNESCO Institute) in Macao
Macao: GDP growth (annual %) (UNESCO Institute) was 8.8% in 2024. ◆ Volatile
GDP growth in Macao, 1983–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Macao stood at 8.8%.
That represents a change of down 88.3% on the previous year and up 530.0% over ten years.
Over the whole period, gdp growth in Macao peaked at 75.1% in 2023 and was at its lowest, -54.3%, in 2020.
That places Macao 7th out of 212 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Macao, year by year
| Year | annual % | Change |
|---|---|---|
| 1983 | 10.0% | — |
| 1984 | 8.5% | -15.6% |
| 1985 | 0.7% | -91.3% |
| 1986 | 6.7% | +813.4% |
| 1987 | 14.3% | +113.6% |
| 1988 | 7.8% | -45.4% |
| 1989 | 5.0% | -35.7% |
| 1990 | 8.0% | +58.8% |
| 1991 | 3.7% | -54.1% |
| 1992 | 13.3% | +263.4% |
| 1993 | 5.2% | -61.0% |
| 1994 | 4.3% | -18.0% |
| 1995 | 3.3% | -22.5% |
| 1996 | -0.4% | -112.7% |
| 1997 | -0.3% | -33.2% |
| 1998 | -4.6% | +1536.1% |
| 1999 | -2.4% | -48.4% |
| 2000 | 5.7% | -343.6% |
| 2001 | 2.9% | -49.7% |
| 2002 | 8.9% | +208.5% |
| 2003 | 11.6% | +30.6% |
| 2004 | 26.6% | +128.8% |
| 2005 | 8.1% | -69.7% |
| 2006 | 13.4% | +65.8% |
| 2007 | 14.5% | +8.1% |
| 2008 | 3.4% | -76.6% |
| 2009 | 1.3% | -62.4% |
| 2010 | 25.1% | +1871.4% |
| 2011 | 21.6% | -14.0% |
| 2012 | 9.2% | -57.2% |
| 2013 | 10.8% | +16.3% |
| 2014 | -2.0% | -119.0% |
| 2015 | -21.5% | +950.3% |
| 2016 | -0.7% | -96.8% |
| 2017 | 9.9% | -1551.8% |
| 2018 | 6.4% | -35.0% |
| 2019 | -2.6% | -140.0% |
| 2020 | -54.3% | +2019.7% |
| 2021 | 23.5% | -143.3% |
| 2022 | -19.6% | -183.3% |
| 2023 | 75.1% | -482.8% |
| 2024 | 8.8% | -88.3% |
Macao compared with similar countries
- Macao's 8.8% is above the median for high income countries, which is 2.3%, 3.9× the median. (83 countries reporting)
- Macao's 8.8% is above the median for East Asia & Pacific, which is 3.8%, 2.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2019.7% | -2.6% | -54.3% |
| 2010 | +1871.4% | 1.3% | 25.1% |
| 2017 | +1551.8% | -0.7% | 9.9% |
| 1998 | -1536.1% | -0.3% | -4.6% |
| 2015 | -950.3% | -2.0% | -21.5% |
| 1986 | +813.4% | 0.7% | 6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.6% | 0.7% | 14.3% | 7 |
| 1990s | 3.0% | -4.6% | 13.3% | 10 |
| 2000s | 9.6% | 1.3% | 26.6% | 10 |
| 2010s | 5.6% | -21.5% | 25.1% | 10 |
| 2020s | 6.7% | -54.3% | 75.1% | 5 |
Countries ranked near Macao
More population data for Macao
- Population regions with projections, annual growth rate -1.43 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2047)
- Population long run with projections, annual growth rate -1.43 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.406 % change on previous year (2100)
- Projected population under age 5, annual growth rate -1.66 % change on previous year (2100)
- Population growth rate -1.4 (2100)
- Population density 10,036 (2100)
- Projected population under age 5 7,889 (2100)
- Population growth rate by level of development -1.4 (2100)
- Urbanization vs gdp, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Macao?
- Gdp growth in Macao was 8.8% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Macao?
- The highest recorded value was 75.1% in 2023.
- What is the lowest gdp growth recorded in Macao?
- The lowest recorded value was -54.3% in 2020.
- How does Macao rank for gdp growth?
- Macao ranks 7th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Macao?
- Over the last ten years it is up 530.0%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release