Gross national savings — all countries

Gross national savings — Macao

Gross national savings in Macao in 2024 — 47.8%. Ranked 1 in the world out of 146. Since 2002, the indicator has risen by 6.4 pp.

2024 47.8% +3.2 pp vs 2023
World rank 1of 146
Period maximum 58.2%2007
Period minimum 29.8%2021

Trend over time

2002–2024 · % of GDP

Gross national savings — Macao, 2002–20242030405060200220052008201120142017202020232002: 41.4%2003: 44.3%2004: 49%2005: 49.2%2006: 48.4%2007: 58.2%2008: 46%2009: 46.1%2010: 52.2%2011: 54.2%2012: 53.5%2013: 53.4%2014: 52.5%2015: 48.3%2016: 48%2017: 50%2018: 49.7%2019: 46.9%2020: 39.2%2021: 29.8%2022: 35.2%2023: 44.6%2024: 47.8%
Change over the period: +6.4 pp Annual average: 0.29 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Macao

Macao 47.8%
World 26.1%
Eastern Asia computed 40.2%
Gross national savings — Macao, by year Macao All countries CSV XLSX
Year % Change, pp
2024 47.8 +3.2 pp
2023 44.6 +9.4 pp
2022 35.2 +5.4 pp
2021 29.8 −9.4 pp
2020 39.2 −7.7 pp
2019 46.9 −2.8 pp
2018 49.7 −0.3 pp
2017 50 +2 pp
2016 48 −0.3 pp
2015 48.3 −4.1 pp
2014 52.5 −0.9 pp
2013 53.4 −0.1 pp
2012 53.5 −0.7 pp
2011 54.2 +2 pp
2010 52.2 +6.1 pp
2009 46.1 +0.1 pp
2008 46 −12.3 pp
2007 58.2 +9.8 pp
2006 48.4 −0.8 pp
2005 49.2 +0.2 pp
2004 49 +4.8 pp
2003 44.3 +2.8 pp
2002 41.4

Eastern Asia, 2024

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

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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