
Macao: Economic decline index
* indicates monthly or quarterly data series
Macao |
Economic decline index, 0 (low) - 10 (high) |
---|---|
Latest value | 7.30 |
Year | 2021 |
Measure | index points |
Data availability | 2021 - 2021 |
Average | 7.30 |
Min - Max | 7.30 - 7.30 |
Source | Fund for Peace |
The latest value from 2021 is 7.3 index points, unavailable from index points in . In comparison, the world average is 5.78 index points, based on data from 173 countries. Historically, the average for Macao from 2021 to 2021 is 7.3 index points. The minimum value, 7.3 index points, was reached in 2021 while the maximum of 7.3 index points was recorded in 2021.
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The value of that indicator for 2021 is 7.3 index points.
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Definition: The Economic decline indicator considers factors related to economic decline within a country. For example, the indicator looks at patterns of progressive economic decline of the society as a whole as measured by per capita income, Gross National Product, unemployment rates, inflation, productivity, debt, poverty levels, or business failures. It also takes into account sudden drops in commodity prices, trade revenue, or foreign investment, and any collapse or devaluation of the national currency. The higher the value of the indicator, the greater the economic decline in the country.
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