Macao SAR, China's final consumption expenditure (constant LCU) was 175.49 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 19.39% from 146.98 billion in 2015 (1.79% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 175.49 billion | 2025 |
| Five years earlier | 151.48 billion | 2020 |
| Ten years earlier | 146.98 billion | 2015 |
| Highest | 175.49 billion | 2025 |
| Lowest | 23.53 billion | 1982 |
| Average since 2016 | 160.03 billion | 2016–2025 |
| First recorded | 23.53 billion |
What the numbers say
In 2025, Macao SAR, China's final consumption expenditure (constant LCU) rose 1.8% on 2024 (from 172.44 billion to 175.49 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +3.9% and a typical year strayed about 3.8% from that (the standard deviation). This year's change was 0.6 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 11.5% in 2007 and the biggest yearly fall was 7.1% in 2020. 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 the straight-line trend is upward, about 2.75 billion a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 180.09 billion for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 3.6 billion, against 15.9 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Macao SAR, China had the 101st highest value of the 132 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
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 44 values
| Year | Final consumption expenditure (constant LCU) |
|---|---|
| 2025 | 175,486,442,102 |
| 2024 | 172,435,000,000 |
| 2023 | 168,290,000,000 |
| 2022 | 156,171,807,800 |
| 2021 | 159,218,859,400 |
| 2020 | 151,479,946,900 |
| 2019 | 163,060,656,900 |
| 2018 | 156,380,343,300 |
| 2017 | 150,299,162,600 |
| 2016 | 147,459,270,100 |
Final consumption expenditure (constant LCU) in nearby economies
- Australia — 2.02 trillion (2025)
- Brunei Darussalam — 10.42 billion (2025)
- Cambodia — 108.07 trillion (2025)
- China — 76.31 trillion (2025)
- Hong Kong SAR, China — 2.52 trillion (2025)
- Indonesia — 8,309.82 trillion (2025)
- Japan — 425.05 trillion (2024)
- Kiribati — 640.76 million (2024)
- Korea, Rep. — 1,523.31 trillion (2025)
- Lao PDR
More economic policy & debt data for Macao SAR, China
- Adjusted savings, education expenditure (% of GNI) — 4.4% (2021)
- Adjusted savings, carbon dioxide damage (current US$) — US$119.95 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Foreign direct investment, net inflows (BoP, current US$) — US$1.15 billion (2025)
- Food, beverages and tobacco (% of value added in manufacturing) — 50.99% (2024)
- Other manufacturing (% of value added in manufacturing) — 40.08% (2024)
- Textiles and clothing (% of value added in manufacturing) — 2.88% (2024)
- General government final consumption expenditure (current US$) — US$6.35 billion (2025)
Reading data like this
Questions people ask
- What is Macao SAR, China's final consumption expenditure (constant LCU)?
- 175.49 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is up 645.92% from 23.53 billion in 1982 (4.78% a year on average, compounded). The highest value was 175.49 billion in 2025 and the lowest 23.53 billion in 1982.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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