Building permits in Macao, Q1 1992 - Q3 2021:
The data series span the period from Q1 1992 to Q3 2021.
During that time, the average value for Macao was
1089 building permits with a minumum of 0 building permits
in Q1 2021 and a maximum of 7881 building permits in Q1 1994.
The latest number is 50, a change of 117.39% from the previous data point of
23 building permits and a change of -35.9% from a year ago when the level was
78 building permits.
The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown.
See more information about that indicator on our Building permits page
Longer historical series
* indicates monthly or quarterly data series
Measure: building permits
Source: Statistics and Census Service of Macao SAR
Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.