Macao SAR, China: Import value index (2015 = 100)

Key figures

What the numbers say

In 2024, Macao SAR, China's import value index (2015 = 100) fell 14.4 on 2023 (from 165.4 to 151).

Across the 18 yearly changes before that (2006 to 2023), the average change was +6.82 and a typical year strayed about 19.32 from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 72 in 2021 and the biggest yearly fall was 17.8 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 9.89 a year. A straight line explains 70% 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.

How it compares

In 2024, Macao SAR, China had the 97th highest value of the 204 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 2024 ranking

• Belarus — 94th of 204: 152.6
• Thailand — 95th of 204: 151.4
• Spain — 96th of 204: 151.3
• Jamaica — 98th of 204: 150.7
• Lao PDR — 99th of 204: 150.3
• Italy — 100th of 204: 149.8

What this measures

Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.

All 20 values

Import value index (2015 = 100) in nearby economies

• American Samoa — 105.9 (2024)
• Australia — 142.1 (2024)
• Brunei Darussalam — 232 (2024)
• Cambodia — 215.4 (2024)
• China — 153.9 (2024)
• Fiji — 149.3 (2024)
• French Polynesia — 149.7 (2024)
• Guam — 127.5 (2024)
• Hong Kong SAR, China — 126 (2024)
• Indonesia — 166 (2024)
• Japan — 114.7 (2024)

More trade data for Macao SAR, China

• Binding coverage, manufactured products (%) — 0% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 0% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 0% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 0% (2022)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 0% (2022)
• Binding coverage, all products (%) — 0% (2022)
• Tariff rate, applied, simple mean, all products (%) — 0% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 0% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Macao SAR, China's import value index (2015 = 100)?

151 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 254.46% from 42.6 in 2005 (6.89% a year on average, compounded). The highest value was 181.3 in 2021 and the lowest 42.6 in 2005.

How does Macao SAR, China rank?

97th highest of 204 economies with data for 2024.

Is the latest change in import value index (2015 = 100) unusual for Macao SAR, China?

In 2024, Macao SAR, China's import value index (2015 = 100) fell 14.4 on 2023 (from 165.4 to 151). Across the 18 yearly changes before that (2006 to 2023), the average change was +6.82 and a typical year strayed about 19.32 from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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