Macao: prices, money and public finance
Inflation is 0.3% (2025), 159th of 180 in the world and 22nd of 27 in East Asia & Pacific. GDP deflator is 0.5% (2025), 182nd of 209 in the world and 29th of 36 in East Asia & Pacific. Lending rate is 5.5% (2025), 104th of 136 in the world and 13th of 24 in East Asia & Pacific.
Prices & public finance: Macao in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 0.3%2025 | 159/180 | 22/27 | -1.6% | 2.8% | 0.8% | −4.2 ppsince 2015 | 2.0% | 2.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 0.5%2025 | 182/209 | 29/36 | -1.7% | 4.8% | -0.3% | −4.1 ppsince 2015 | 2.5% | 2.6% | 3.3% | |
| Lending rateLending interest rate, % | 5.5%2025 | 104/136 | 13/24 | 9.9% | 5.2% | 5.3% | +0.2 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 5.0%2025 | 68/136 | 13/24 | 11.8% | 0.4% | 5.5% | +4.3 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 8.032025 | 110/210 | 15/36 | 8.03 | 8.00 | 7.99 | +0.6%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 27.4%2024 | 6/142 | 2/25 | 14.9% | 34.4% | 21.9% | −7.7 ppsince 2014 | 10.8% | 15.3% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 31.8%2024 | 38/142 | 5/25 | 18.0% | 36.5% | 27.8% | −5.5 ppsince 2014 | 17.6% | 26.3% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 19.6%2023 | 101/142 | 19/25 | 15.0% | 14.7% | 43.2% | +9.1 ppsince 2013 | — | 30.1% | 28.5% | |
| Private creditDomestic credit to private sector, % of GDP | 117.1%2025 | 19/169 | 13/25 | 72.0% | 56.9% | 269.8% | +8.5 ppsince 2015 | 175.5% | 152.1% | 140.3% | |
| Broad moneyBroad money, % of GDP | 201.2%2025 | 4/146 | 4/24 | 156.2% | 107.5% | 342.8% | +69.4 ppsince 2015 | 211.5% | 138.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 10.12025 | 18/165 | 6/24 | 9.22002 | 20.9 | 17.0 | +23%since 2015 | 11.1 | 7.9 | 8.6 |
Better than ten years ago
- Inflation−4.2 pp0.3% in 2025
- Reserves, months of imports+23%10.1 in 2025
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
Macao and its nearest countries
Macao has no land border; compared with the closest countries by distance between capitals. Latest values since 2005; the highest in each row is marked.
| Indicator | Macao | Hong Kong | Vietnam | Philippines | Laos |
|---|---|---|---|---|---|
| Inflation | 0.3%2025 | 1.4%2025 | 3.3%2025 | 1.7%2025 | 7.7%2025 |
| GDP deflator | 0.5%2025 | 1.0%2025 | 3.3%2025 | 1.4%2025 | 7.5%2025 |
| Lending rate | 5.5%2025 | 5.2%2025 | 9.3%2023 | 7.1%2019 | 22.6%2010 |
| Real interest rate | 5.0%2025 | 4.1%2025 | 7.0%2023 | 6.4%2019 | 12.3%2010 |
| Exchange rate | 8.032025 | 7.802025 | 24,164.892024 | 57.512025 | 20,444.142025 |
| Tax revenue | 27.4%2024 | — | — | 14.4%2024 | 12.1%2022 |
| Government revenue | 31.8%2024 | — | — | 16.7%2024 | 13.9%2022 |
| Government expense | 19.6%2023 | — | — | 16.9%2023 | 10.3%2022 |
| Private credit | 117.1%2025 | 222.6%2025 | 125.0%2022 | 52.1%2025 | 20.9%2010 |