Services value added — all countries

Services value added — Macao

Services value added in Macao in 2024 — 45,524,909,010 US$. Ranked 76 in the world out of 188. Since 1991, the indicator has risen by 1,384%.

2024 45.52B US$ +9.81% vs 2023
World rank 76of 188
Period maximum 51.97B US$2018
Period minimum 3.07B US$1991

Trend over time

1991–2024 · US$

Services value added — Macao, 1991–2024020B40B60B1991199519992003200720112015201920231991: 3,067,745,260 US$1992: 4,035,702,432 US$1993: 4,721,903,220 US$1994: 5,248,933,989 US$1995: 5,897,141,956 US$1996: 5,790,570,396 US$1997: 5,941,600,634 US$1998: 5,322,877,582 US$1999: 5,017,861,947 US$2000: 5,466,302,845 US$2001: 5,619,468,476 US$2002: 6,262,453,424 US$2003: 7,014,126,617 US$2004: 8,792,756,973 US$2005: 10,024,759,505 US$2006: 11,594,683,248 US$2007: 15,209,211,118 US$2008: 17,863,844,760 US$2009: 19,268,605,584 US$2010: 26,541,394,716 US$2011: 35,414,022,684 US$2012: 41,279,801,509 US$2013: 49,580,592,934 US$2014: 51,767,913,101 US$2015: 41,265,704,525 US$2016: 41,765,394,248 US$2017: 47,045,346,742 US$2018: 51,968,490,086 US$2019: 51,618,183,328 US$2020: 22,534,560,378 US$2021: 28,212,241,235 US$2022: 22,676,420,168 US$2023: 41,456,633,004 US$2024: 45,524,909,010 US$
Change over the period: +42.46B (+1,383.99%) Average annual rate: 8.52 %

Comparison, 2024

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

Macao 45.52B US$
World 70.69T US$
Eastern Asia computed 15.15T US$
High-income countries computed 25.79T US$
Services value added — Macao, by year Macao All countries CSV XLSX
Year US$ Change Change, %
2024 45.52B +4.07B +9.81%
2023 41.46B +18.78B +82.82%
2022 22.68B −5.54B −19.62%
2021 28.21B +5.68B +25.2%
2020 22.53B −29.08B −56.34%
2019 51.62B −350M −0.67%
2018 51.97B +4.92B +10.46%
2017 47.05B +5.28B +12.64%
2016 41.77B +500M +1.21%
2015 41.27B −10.5B −20.29%
2014 51.77B +2.19B +4.41%
2013 49.58B +8.3B +20.11%
2012 41.28B +5.87B +16.56%
2011 35.41B +8.87B +33.43%
2010 26.54B +7.27B +37.74%
2009 19.27B +1.4B +7.86%
2008 17.86B +2.65B +17.45%
2007 15.21B +3.61B +31.17%
2006 11.59B +1.57B +15.66%
2005 10.02B +1.23B +14.01%
2004 8.79B +1.78B +25.36%
2003 7.01B +752M +12%
2002 6.26B +643M +11.44%
2001 5.62B +153M +2.8%
2000 5.47B +448M +8.94%
1999 5.02B −305M −5.73%
1998 5.32B −619M −10.41%
1997 5.94B +151M +2.61%
1996 5.79B −107M −1.81%
1995 5.9B +648M +12.35%
1994 5.25B +527M +11.16%
1993 4.72B +686M +17%
1992 4.04B +968M +31.55%
1991 3.07B

Eastern Asia, 2024

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

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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