[ Nominal GDP in billions of USD ]
Year -
$49.47 billions
Macao SAR GDP expanded from 1982 to 2024, increasing from $1.14 billion to $49.47 billion.The compound annual growth rate (CAGR) averaged 9.39% over the period. The economy recorded its peak level in 2018 and its lowest level in 1983. Growth volatility remained high. The maximum drawdown reached 54.74%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 49.47 Billions | $ 87.22 Int Billions |
| Growth (YoY) | 8.418% | 10.458% |
| Net Change vs Previous Year | $ 3.84 Billion | $ 8.26 Int Billion |
| % of World GDP | 0.04% | 0.04% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | 1.14 | - | - | - | - | - |
| 1983 | 1.13 | -0.01 | -0.83 % | - | - | - |
| 1984 | 1.3 | 0.17 | 15.123 % | - | - | - |
| 1985 | 1.36 | 0.06 | 4.424 % | - | - | - |
| 1986 | 1.53 | 0.17 | 12.483 % | - | - | - |
| 1987 | 1.96 | 0.43 | 27.78 % | - | - | - |
| 1988 | 2.29 | 0.33 | 16.909 % | - | - | - |
| 1989 | 2.71 | 0.42 | 18.215 % | - | - | - |
| 1990 | 3.25 | 0.54 | 19.988 % | 9.36 | - | - |
| 1991 | 3.77 | 0.52 | 15.979 % | 10.03 | 0.67 | 7.165 % |
| 1992 | 4.91 | 1.15 | 30.519 % | 11.62 | 1.59 | 15.881 % |
| 1993 | 5.67 | 0.75 | 15.287 % | 12.51 | 0.89 | 7.679 % |
| 1994 | 6.31 | 0.65 | 11.395 % | 13.32 | 0.81 | 6.48 % |
| 1995 | 7.05 | 0.73 | 11.645 % | 14.05 | 0.73 | 5.462 % |
| 1996 | 7.18 | 0.13 | 1.856 % | 14.25 | 0.2 | 1.403 % |
| 1997 | 7.27 | 0.09 | 1.263 % | 14.45 | 0.21 | 1.441 % |
| 1998 | 6.8 | -0.47 | -6.476 % | 13.95 | -0.51 | -3.499 % |
| 1999 | 6.55 | -0.25 | -3.674 % | 13.81 | -0.14 | -0.977 % |
| 2000 | 6.77 | 0.23 | 3.464 % | 14.94 | 1.12 | 8.143 % |
| 2001 | 6.86 | 0.09 | 1.274 % | 15.71 | 0.78 | 5.205 % |
| 2002 | 7.37 | 0.51 | 7.455 % | 17.38 | 1.67 | 10.597 % |
| 2003 | 8.25 | 0.87 | 11.867 % | 19.79 | 2.41 | 13.848 % |
| 2004 | 10.64 | 2.4 | 29.064 % | 25.73 | 5.94 | 30.042 % |
| 2005 | 12.16 | 1.52 | 14.251 % | 28.68 | 2.95 | 11.467 % |
| 2006 | 14.87 | 2.71 | 22.319 % | 33.52 | 4.84 | 16.889 % |
| 2007 | 18.44 | 3.57 | 23.974 % | 39.42 | 5.89 | 17.583 % |
| 2008 | 21.03 | 2.59 | 14.029 % | 41.54 | 2.12 | 5.385 % |
| 2009 | 21.59 | 0.56 | 2.675 % | 42.34 | 0.8 | 1.923 % |
| 2010 | 28.24 | 6.65 | 30.823 % | 53.61 | 11.27 | 26.623 % |
| 2011 | 36.85 | 8.6 | 30.465 % | 66.55 | 12.94 | 24.132 % |
| 2012 | 43.19 | 6.34 | 17.218 % | 75.59 | 9.05 | 13.592 % |
| 2013 | 51.56 | 8.37 | 19.368 % | 88.7 | 13.11 | 17.339 % |
| 2014 | 54.93 | 3.37 | 6.539 % | 90.26 | 1.56 | 1.76 % |
| 2015 | 44.94 | -9.99 | -18.186 % | 69.86 | -20.41 | -22.609 % |
| 2016 | 44.96 | 0.02 | 0.054 % | 70.24 | 0.39 | 0.556 % |
| 2017 | 50.3 | 5.33 | 11.859 % | 78.31 | 8.07 | 11.484 % |
| 2018 | 55.08 | 4.78 | 9.502 % | 85.3 | 6.99 | 8.925 % |
| 2019 | 55.03 | -0.05 | -0.093 % | 84.69 | -0.61 | -0.713 % |
| 2020 | 25.28 | -29.75 | -54.057 % | 39.12 | -45.57 | -53.808 % |
| 2021 | 30.63 | 5.35 | 21.178 % | 50.08 | 10.96 | 28.008 % |
| 2022 | 24.93 | -5.7 | -18.622 % | 43.48 | -6.6 | -13.179 % |
| 2023 | 45.63 | 20.7 | 83.023 % | 78.96 | 35.49 | 81.617 % |
| 2024 | 49.47 | 3.84 | 8.418 % | 87.22 | 8.26 | 10.458 % |
Between 1982 to 2024, Macao SAR experienced the following economic phases:
The most remarkable growth occurred in 2023 with an increase of 83.023%, while the largest decline was in 2020 at -54.057%.