Macao: Economic growth, quarterly

* indicates monthly or quarterly data series
 Macao

Economic growth, percent change in quarterly real GDP

 Latest value 25.7
 Reference Q1 2024
 Measure percent
 Data availability Q1 2002 - Q1 2024
 Average 8.81
 Min - Max -66.4 - 120.4
 Source Statistics and Census Service of Macao SAR
The latest data from Q1 2024 show economic growth of 25.7 percent, which is a decrease from the rate of growth of 86.4 percent in the previous quarter and a decrease compared to the growth rate of 32.3 percent in the same quarter last year. The economic growth time series for Macao cover the period from Q1 2002 to Q1 2024. During that time span, the average growth rate for Macao was 8.81 percent. The lowest rate of growth of -66.4 percent was recorded in Q2 2020 while the highest growth rate was 120.4 percent in Q3 2023. See more information about that indicator and compare to other countries on our Economic growth page.
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* indicates monthly or quarterly data series


Recent values chart
Macao - Economic growth, quarterly  - recent values

Historical chart
Macao - Economic growth, quarterly  - historical chart - 2002-2024
Measure: percent
Source: Statistics and Census Service of Macao SAR


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Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.

 Related indicators Latest value Reference Measure
 Economic growth -21.45 2022 percent
 GDP, constant dollars 22.6 2022 billion U.S. dollars
 GDP, current U.S. dollars 24.04 2022 billion U.S. dollars
 GDP per capita, current dollars 34,584.86 2022 U.S. dollars
 GDP per capita, PPP 51,840 2022 U.S. dollars
 GDP per capita, constant dollars 32,482.92 2022 U.S. dollars
 Economic growth, quarterly 120.40 Q3/2023 percent
 Gross Domestic Product (GDP) 98.01 Q3/2023 billion
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