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Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Macao

Gross capital formation (% of GDP) in Macao in 2025 — 12.3%. Ranked 123 in the world out of 131. Since 1982, the indicator has fallen by 9.8 pp.

2025 12.3% −1.8 pp vs 2024
World rank 123of 131
Period maximum 36.5%2007
Period minimum 9.2%2001

Trend over time

1982–2025 · % of GDP

Gross capital formation (% of GDP) — Macao, 1982–202501020304019821987199219972002200720122017202220251982: 22%1983: 24.4%1984: 22.2%1985: 22.7%1986: 25.2%1987: 24.8%1988: 25.1%1989: 24.6%1990: 22.8%1991: 27.6%1992: 32%1993: 32%1994: 32%1995: 26.3%1996: 19.6%1997: 18.7%1998: 16%1999: 15.8%2000: 10.4%2001: 9.2%2002: 9.9%2003: 13.6%2004: 16.1%2005: 25.5%2006: 33.5%2007: 36.5%2008: 30.4%2009: 18.5%2010: 13.2%2011: 13.8%2012: 14.6%2013: 14.1%2014: 19.8%2015: 25.4%2016: 21.9%2017: 19.6%2018: 17.3%2019: 14.2%2020: 26.2%2021: 23.1%2022: 23.2%2023: 15.3%2024: 14.1%2025: 12.3%
Change over the period: −9.8 pp Annual average: -0.23 pp
Gross capital formation (% of GDP) — Macao, by year Macao All countries CSV XLSX
Year % Change, pp
2025 12.3 −1.8 pp
2024 14.1 −1.2 pp
2023 15.3 −7.9 pp
2022 23.2 +0.1 pp
2021 23.1 −3.1 pp
2020 26.2 +12 pp
2019 14.2 −3.1 pp
2018 17.3 −2.3 pp
2017 19.6 −2.3 pp
2016 21.9 −3.5 pp
2015 25.4 +5.6 pp
2014 19.8 +5.7 pp
2013 14.1 −0.6 pp
2012 14.6 +0.9 pp
2011 13.8 +0.5 pp
2010 13.2 −5.3 pp
2009 18.5 −11.9 pp
2008 30.4 −6.1 pp
2007 36.5 +3 pp
2006 33.5 +8 pp
2005 25.5 +9.5 pp
2004 16.1 +2.4 pp
2003 13.6 +3.7 pp
2002 9.9 +0.6 pp
2001 9.2 −1.1 pp
2000 10.4 −5.5 pp
1999 15.8 −0.2 pp
1998 16 −2.7 pp
1997 18.7 −0.9 pp
1996 19.6 −6.7 pp
1995 26.3 −5.7 pp
1994 32 +0 pp
1993 32 −0 pp
1992 32 +4.4 pp
1991 27.6 +4.8 pp
1990 22.8 −1.8 pp
1989 24.6 −0.6 pp
1988 25.1 +0.3 pp
1987 24.8 −0.3 pp
1986 25.2 +2.4 pp
1985 22.7 +0.5 pp
1984 22.2 −2.1 pp
1983 24.4 +2.4 pp
1982 22 —

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

MN Mongolia 31.4 KR South Korea 29.1 HK Hong Kong 18.3 MO Macao 12.3
Full table for all countries

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Macao

Economy Gross capital formation in US dollars

How much a country puts in each year into buildings, equipment, infrastructure and inventories.

Macao by year Economy Gross national savings

What part of its income a country saves rather than consumes.

Macao by year Business FDI inflows (% of GDP)

Inflows of direct investment relative to the size of the economy.

Macao by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Macao by year
All indicators for Macao