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Macao SAR, China Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

44.94% +9.27% (+26.0%)
Year 2023 Rank #5 Global Peak 58.23% (2007) Source World Bank

Macao SAR, China Gross Savings (2002–2023)

Overview

Macao SAR, China's gross savings stood at 44.94% in 2023, a rise of +9.27% from 2022. Macao SAR, China ranked 5th globally.

Data & projection

Year Gross Savings YoY change Rank
2023 44.94% +9.27% #5
2022 35.66% +5.62% #28
2021 30.05% −9.42% #44
2020 39.47% −7.58% #9
2019 47.05% −2.74% #4
2018 49.79% −0.26% #3
2017 50.05% +2.04% #3
2016 48.02% −0.33% #2
2015 48.35% −4.14% #4
2014 52.49% −0.90% #7
2013 53.39% −0.09% #7
2012 53.48% −0.67% #7
2011 54.16% +1.99% #6
2010 52.17% +6.11% #5
2009 46.06% +0.09% #7
Show all years (2002-2023)

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 gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Macao SAR, China's gross savings?

Macao SAR, China's gross savings was 44.94% in 2023. Ranked 5th globally. This represents a 26.0% increase from the previous year.

What was the highest gross savings in Macao SAR, China?

Macao SAR, China's gross savings peaked at 58.23% in 2007.

What was the lowest gross savings in Macao SAR, China?

The lowest gross savings in Macao SAR, China was 30.05% in 2021.

How does Macao SAR, China rank in gross savings?

Macao SAR, China ranks 5th globally in gross savings as of 2023.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of Macao SAR, China in 2023?

The gross savings of Macao SAR, China in 2023 was 44.94%. This ranks 5th in the world.

Cite this page

APA
Macao SAR, China Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/macao-sar-china/gross-savings
BibTeX
@misc{historysaid_macao-sar-china_gross-savings, title = {Macao SAR, China Gross Savings}, url = {https://historysaid.com/macao-sar-china/gross-savings}, publisher = {HistorySaid}, year = {2026} }