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
* 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.