Macao: Building permits

(measure: building permits, source: Statistics and Census Service of Macao SAR)
* indicates monthly or quarterly data series

Building permits in Macao, March, 2020: The data series span the period from Q1 1992 to Q1 2020. During that time, the average value for Macao was 1145 building permits with a minumum of 5 building permits in Q3 2001 and a maximum of 7881 building permits in Q1 1994. The latest number is 19, a change of 137.5% from the previous data point of 8 building permits and a change of 11.76% from a year ago when the level was 17 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.
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* indicates monthly or quarterly data series
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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.
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