Macao SAR, China's gross national expenditure (current US$) was US$28.41 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 2.22% from US$27.79 billion in 2015 (0.22% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$28.41 billion | 2025 |
| Five years earlier | US$25.31 billion | 2020 |
| Ten years earlier | US$27.79 billion | 2015 |
| Highest | US$28.54 billion | 2024 |
| Lowest | US$1.01 billion | 1983 |
| Average since 2016 | US$27.14 billion | 2016–2025 |
| First recorded | US$1.02 billion |
What the numbers say
In 2025, Macao SAR, China's gross national expenditure (current US$) fell 0.5% on 2024 (from US$28.54 billion to US$28.41 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +6.4% and a typical year strayed about 11.8% 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 30.1% in 2005 and the biggest yearly fall was 13.7% in 2009. 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 8% 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 96th highest value of the 130 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.
| Value | Year | |
|---|---|---|
| Macao SAR, China | US$28.41 billion | 2025 |
| World | US$111.01 trillion | 2024 |
| East Asia & Pacific | US$31.17 trillion | 2024 |
| High income | US$71.25 trillion | 2024 |
Closest to Macao SAR, China in the 2025 ranking
- Mali — 92nd of 130: US$31.46 billion
- Armenia — 93rd of 130: US$30.85 billion
- Kyrgyz Republic — 94th of 130: US$30.21 billion
- Moldova — 96th of 130: US$26.29 billion
- Burkina Faso — 97th of 130: US$26.25 billion
- Mozambique — 98th of 130: US$25.54 billion
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 44 values
| Year | Gross national expenditure (current US$) |
|---|---|
| 2025 | 28,408,766,833 |
| 2024 | 28,542,593,467 |
| 2023 | 27,850,569,053 |
| 2022 | 25,124,962,710 |
| 2021 | 26,812,833,925 |
| 2020 | 25,306,475,278 |
| 2019 | 27,478,449,211 |
| 2018 | 28,014,717,113 |
| 2017 | 27,241,461,844 |
| 2016 | 26,652,069,327 |
Gross national expenditure (current US$) in nearby economies
- Australia — US$1.79 trillion (2025)
- Brunei Darussalam — US$12.06 billion (2025)
- Cambodia — US$48.92 billion (2025)
- China — US$18.2 trillion (2024)
- Fiji — US$6.57 billion (2024)
- French Polynesia — US$8.07 billion (2024)
- Hong Kong SAR, China — US$415.05 billion (2025)
- Indonesia — US$1.35 trillion (2025)
- Japan — US$4.23 trillion (2024)
- Kiribati — US$661.4 million (2024)
More economic policy & debt data for Macao SAR, China
- Adjusted savings, education expenditure (% of GNI) — 4.4% (2021)
- Adjusted savings, carbon dioxide damage (current US$) — 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$6.35 billion (2025)
Reading data like this
Questions people ask
- What is Macao SAR, China's gross national expenditure (current US$)?
- US$28.41 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1982?
- It is up 2,694% from US$1.02 billion in 1982 (8.05% a year on average, compounded). The highest value was US$28.54 billion in 2024 and the lowest US$1.01 billion in 1983.
- How does Macao SAR, China rank?
- 96th highest of 130 economies with data for 2025.
- Is the latest change in gross national expenditure (current US$) unusual for Macao SAR, China?
- In 2025, Macao SAR, China's gross national expenditure (current US$) fell 0.5% on 2024 (from US$28.54 billion to US$28.41 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.4% and a typical year strayed about 11.8% 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.
Source
World Bank, World Development Indicators, indicator NE.DAB.TOTL.CD, 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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