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Macao SAR, China: Trade (% of GDP)

In , Macao SAR, China's Trade (% of GDP) was 142.08.

That's down 2.6% from 2023, the highest value since .

The global average for this indicator in 2024 was 92.19 . Macao SAR, China ranks #24 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #6 of 24.

Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Macao SAR, China Trade (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
171.32
Trough
112.89
1-year change
-2.6%
5-year change
+23.3%
+4.3% / yr
10-year change
+19.8%
+1.8% / yr

Historical Data — Last 10 Years

Year Trade (% of GDP)
142.0794
145.8745
170.3680
171.3160
123.4344
115.2313
116.5687
115.4547
112.8902
119.2504

About Trade (% of GDP)

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.TRD.GNFS.ZS • Category: Economy

Frequently asked questions

What was Macao SAR, China's Trade (% of GDP) in 2024?
In 2024, Macao SAR, China's Trade (% of GDP) was 142.08, according to World Bank Open Data.
Is Macao SAR, China's Trade (% of GDP) rising or falling?
Macao SAR, China's Trade (% of GDP) fell 2.6% from 2023 to 2024.
How does Macao SAR, China rank globally on Trade (% of GDP)?
In 2024, Macao SAR, China ranked #24 out of 160 countries reporting Trade (% of GDP).
How does Macao SAR, China's Trade (% of GDP) compare to the world average?
The global average for Trade (% of GDP) in 2024 was 92.19, so Macao SAR, China is above the world average. Within East Asia & Pacific, it ranks #6 of 24.
What is Trade (% of GDP) and how is it measured?
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.