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Macao SAR, China Consumer Price Index

Consumer price index (2010 = 100)  FP.CPI.TOTL

Macao SAR, China's consumer price index was 149.11 in 2025, ranked 111th globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1988–2025.

149.11 +1.64 (+1.1%)
Year 2025 Rank #111 Global Peak 149.11 (2025) Source World Bank

Macao SAR, China Consumer Price Index (1988–2025)

Overview

Macao SAR, China's consumer price index stood at 149.11 in 2025, a rise of +1.64 from 2023. Based on recent trends, this figure is projected to reach 149.11 by 2025. Macao SAR, China ranked 111th globally.

Macao SAR’s Consumer Price Index (CPI) has risen from 45.61 in 1988 to 149.11 in 2025, marking a 227 percent increase over 37 years and placing the city at rank 111 globally. The all‑time peak coincides with the latest reading, while the 1988 trough represents the lowest level recorded in the series. This upward trajectory reflects sustained inflationary pressures, driven by rapid tourism growth, rising property costs and the integration of the service‑oriented economy with mainland China’s monetary environment. Compared with peer economies of similar ranking, Macao’s CPI is marginally lower than Belgium’s 149.85 and Costa Rica’s 149.80, yet higher than New Zealand’s 148.45, indicating that price dynamics in the SAR are broadly aligned with other high‑ranking jurisdictions. Should the government succeed in diversifying its revenue base beyond gaming and implement tighter price controls on housing and utilities, the CPI could moderate, potentially flattening the steep ascent observed since the late 1980s.

Data & projection

Year Consumer Price Index YoY change Rank
2026* trend 149.95 - -
2025* trend 149.11 - -
2025 149.11 +1.64 #111
2023 147.47 +0.70 #84
2022 146.77 +1.52 #95
2021 145.25 +0.04 #107
2020 145.21 +1.17 #112
2019 144.05 +3.86 #120
2018 140.19 +4.09 #119
2017 136.10 +1.65 #120
2016 134.45 +3.11 #126
2015 131.34 +5.73 #135
2014 125.61 +7.16 #136
2013 118.44 +6.18 #134
2012 112.27 +6.46 #132
2011 105.81 +5.81 #122
2010 100.00 +2.73 #26
Show all years (1988-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.4% GDP growth 21.6% C/A balance 40.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Macao SAR, China matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw consumer price index improve within 24 months. View full analysis →

Frequently Asked Questions

What is Macao SAR, China's consumer price index?▾

Macao SAR, China's consumer price index was 149.11 in 2025. Ranked 111th globally. This represents a 1.1% increase from the previous year.

What was the highest consumer price index in Macao SAR, China?▾

Macao SAR, China's consumer price index peaked at 149.11 in 2025.

What was the lowest consumer price index in Macao SAR, China?▾

The lowest consumer price index in Macao SAR, China was 45.61 in 1988.

How does Macao SAR, China rank in consumer price index?▾

Macao SAR, China ranks 111th globally in consumer price index as of 2025.

What is the World Bank indicator code for consumer price index?▾

The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.

What is the projected consumer price index of Macao SAR, China in 2025?▾

Macao SAR, China's consumer price index is projected to reach 149.11 by 2025 based on trend extrapolation.

What is the consumer price index of Macao SAR, China in 2025?▾

The consumer price index of Macao SAR, China in 2025 was 149.11. This ranks 111th in the world.

Cite this page

APA
Macao SAR, China Consumer Price Index. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/macao-sar-china/consumer-price-index/
BibTeX
@misc{historysaid_macao-sar-china_consumer-price-index, title = {Macao SAR, China Consumer Price Index}, url = {https://historysaid.com/macao-sar-china/consumer-price-index/}, publisher = {HistorySaid}, year = {2026} }
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