Macao SAR, China: DEC alternative conversion factor (LCU per US$)

Key figures

What the numbers say

In 2025, Macao SAR, China's DEC alternative conversion factor (LCU per US$) fell US$0.00702 on 2024 (from US$8.04 to US$8.03).

Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.00255 and a typical year strayed about US$0.03 from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$1.24 in 1983 and the biggest yearly fall was US$0.79 in 1973. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 4% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Macao SAR, China had the 111th highest value of the 207 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Macao SAR, China in the 2025 ranking

• Sweden — 108th of 207: US$9.82
• Morocco — 109th of 207: US$9.35
• Solomon Islands — 110th of 207: US$8.33
• Hong Kong SAR, China — 112th of 207: US$7.8
• Guatemala — 113th of 207: US$7.68
• China — 114th of 207: US$7.19

What this measures

The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.

All 59 values

DEC alternative conversion factor (LCU per US$) in nearby economies

• American Samoa — US$1 (2024)
• Australia — US$1.55 (2025)
• Brunei Darussalam — US$1.31 (2025)
• Cambodia — US$4,013 (2025)
• China — US$7.19 (2025)
• Fiji — US$2.3 (2025)
• French Polynesia — US$105.86 (2025)
• Guam — US$1 (2024)
• Hong Kong SAR, China — US$7.8 (2025)
• Indonesia

More financial sector data for Macao SAR, China

• Official exchange rate (LCU per US$, period average) — US$8.03 (2025)
• GDP deflator (base year varies by country) — 100.66 (2025)
• Inflation, GDP deflator (annual % growth) — 0.46% (2025)
• Domestic credit to private sector by banks (% of GDP) — 117.05% (2025)
• Net domestic credit (current LCU) — 171.42 billion (2025)
• Net foreign assets (current LCU) — 883.16 billion (2025)
• Monetary sector credit to private sector (% of GDP) — 117.05% (2025)
• Broad money (current LCU) — 841.15 billion (2025)
• Broad money (% of GDP) — 201.21% (2025)

Reading data like this

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Questions people ask

What is Macao SAR, China's DEC alternative conversion factor (LCU per US$)?

US$8.03 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1967?

It is up 32.16% from US$6.08 in 1967 (0.48% a year on average, compounded). The highest value was US$8.07 in 2018 and the lowest US$4.93 in 1973.

How does Macao SAR, China rank?

111th highest of 207 economies with data for 2025.

Is the latest change in DEC alternative conversion factor (LCU per US$) unusual for Macao SAR, China?

In 2025, Macao SAR, China's DEC alternative conversion factor (LCU per US$) fell US$0.00702 on 2024 (from US$8.04 to US$8.03). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.00255 and a typical year strayed about US$0.03 from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator PA.NUS.ATLS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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