Inflation, GDP deflator: linked series (annual %) in Macao
Macao: Inflation, GDP deflator: linked series (annual %) was 0.5% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Macao, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator: linked series in Macao stood at 0.5%.
The figure is up 134.4% on the previous year and down 89.9% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Macao peaked at 14.7% in 1992 and was at its lowest, -2.0%, in 1998.
Macao ranks 186th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series (annual %) in Macao, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 10.9% | — |
| 1991 | 11.7% | +6.5% |
| 1992 | 14.7% | +26.5% |
| 1993 | 9.5% | -35.3% |
| 1994 | 6.8% | -29.2% |
| 1995 | 8.2% | +21.2% |
| 1996 | 2.3% | -72.3% |
| 1997 | 1.7% | -26.8% |
| 1998 | -2.0% | -217.7% |
| 1999 | -1.2% | -39.3% |
| 2000 | -1.7% | +46.9% |
| 2001 | -1.5% | -15.3% |
| 2002 | -1.3% | -9.7% |
| 2003 | 0.0% | -103.6% |
| 2004 | 1.9% | +3909.1% |
| 2005 | 5.6% | +188.6% |
| 2006 | 7.7% | +39.1% |
| 2007 | 8.8% | +13.1% |
| 2008 | 10.1% | +15.0% |
| 2009 | 0.9% | -91.0% |
| 2010 | 4.8% | +430.4% |
| 2011 | 7.5% | +55.7% |
| 2012 | 6.9% | -7.2% |
| 2013 | 7.7% | +11.5% |
| 2014 | 8.7% | +12.7% |
| 2015 | 4.5% | -48.1% |
| 2016 | 0.9% | -80.4% |
| 2017 | 2.2% | +143.0% |
| 2018 | 3.6% | +64.5% |
| 2019 | 2.4% | -32.4% |
| 2020 | -0.3% | -110.8% |
| 2021 | -0.8% | +224.6% |
| 2022 | 1.2% | -237.6% |
| 2023 | 4.4% | +276.8% |
| 2024 | 0.2% | -95.5% |
| 2025 | 0.5% | +134.4% |
Macao compared with similar countries
- Macao's 0.5% is below the median for high income countries, which is 2.6%, 18% of the median. (82 countries reporting)
- Macao's 0.5% is below the median for East Asia & Pacific, which is 2.6%, 18% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator: linked series (annual %) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +3909.1% | 0.0% | 1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.3% | -2.0% | 14.7% | 10 |
| 2000s | 3.0% | -1.7% | 10.1% | 10 |
| 2010s | 4.9% | 0.9% | 8.7% | 10 |
| 2020s | 0.8% | -0.8% | 4.4% | 6 |
Countries ranked near Macao
More financial sector data for Macao
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.4297 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 32,616 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 32,616 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 32,616 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.7352 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 32,616 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 5.92 % change on previous year (2024)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Macao?
- Inflation, gdp deflator: linked series in Macao was 0.5% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Macao?
- The highest recorded value was 14.7% in 1992.
- What is the lowest inflation, gdp deflator: linked series recorded in Macao?
- The lowest recorded value was -2.0% in 1998.
- How does Macao rank for inflation, gdp deflator: linked series?
- Macao ranks 186th out of 214 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Macao?
- Over the last ten years it is down 89.9%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.