🇲🇴 Macao SAR, China Servicios, valor añadido

Macao SAR, China Servicios, valor añadido was $38.90B in 2023, up 76.4% from 2022, according to World Bank data. The 10-year average is $38.89B. Historical data available from 2008 to 2023 (16 data points). The all-time high was $55.33B in 2013.

Source: World Bank World Development Indicators • 2008202316 data pointsEconomy & Growth

Latest Value
$38.90B
2023
Year-on-Year
+76.4%
vs 2022
10-Year Average
$38.89B
20142023
Range
High: $55.33B (2013)
Low: $21.04B (2020)

Macao SAR, China Servicios, valor añadido (US$ constante 2015)2008 to 2023

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About this Indicator

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2023$38.90B
2022$22.05B
2021$27.08B
2020$21.04B
2019$47.81B
2018$49.38B
2017$46.26B
2016$41.75B
2015$41.27B
2014$53.38B

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