Macao SAR, China's manufacturing, value added (current LCU) was 2.57 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 41.11% from 1.82 billion in 2014 (3.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.57 billion | 2024 |
| Five years earlier | 2.39 billion | 2019 |
| Ten years earlier | 1.82 billion | 2014 |
| Highest | 4.05 billion | 2000 |
| Lowest | 1.25 billion | 2010 |
| Average since 2015 | 2.23 billion | 2015–2024 |
| First recorded | 3.93 billion |
What the numbers say
In 2024, Macao SAR, China's manufacturing, value added (current LCU) fell 8.2% on 2023 (from 2.8 billion to 2.57 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.4% and a typical year strayed about 15.9% from that (the standard deviation). This year's change was 0.5 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 48.4% in 2023 and the biggest yearly fall was 29.5% 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 2015 to 2024 there is no clear straight-line trend: a straight line explains 9% 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 2024, Macao SAR, China had the 27th highest value of the 45 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
- Vanuatu — 24th of 45: 6.26 billion
- Lesotho — 25th of 45: 5.29 billion
- Faroe Islands — 26th of 45: 2.64 billion
- Gambia, The — 28th of 45: 2.37 billion
- Papua New Guinea — 29th of 45: 1.96 billion
- West Bank and Gaza — 30th of 45: 1.81 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 34 values
| Year | Manufacturing, value added (current LCU) |
|---|---|
| 2024 | 2,571,000,000 |
| 2023 | 2,801,000,000 |
| 2022 | 1,888,000,000 |
| 2021 | 2,051,000,000 |
| 2020 | 1,682,000,000 |
| 2019 | 2,385,000,000 |
| 2018 | 2,404,000,000 |
| 2017 | 2,315,000,000 |
| 2016 | 2,145,000,000 |
| 2015 | 2,053,000,000 |
Manufacturing, value added (current LCU) in nearby economies
- Australia — 147.76 billion (2025)
- Brunei Darussalam — 1.95 billion (2025)
- Cambodia — 59.72 trillion (2025)
- China — 34.67 trillion (2025)
- Fiji — 1.3 billion (2025)
- French Polynesia — 27.61 billion (2020)
- Hong Kong SAR, China — 29.78 billion (2024)
- Indonesia — 4,541.52 trillion (2025)
- Japan — 119.35 trillion (2024)
- Kiribati — 22.07 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 manufacturing, value added (current LCU)?
- 2.57 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is down 34.6% from 3.93 billion in 1991 (1.28% a year on average, compounded). The highest value was 4.05 billion in 2000 and the lowest 1.25 billion in 2010.
- How does Macao SAR, China rank?
- 27th highest of 45 economies with data for 2024.
- Is the latest change in manufacturing, value added (current LCU) unusual for Macao SAR, China?
- In 2024, Macao SAR, China's manufacturing, value added (current LCU) fell 8.2% on 2023 (from 2.8 billion to 2.57 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.4% and a typical year strayed about 15.9% from that (the standard deviation). This year's change was 0.5 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 NV.IND.MANF.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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