Macao SAR, China Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Macao SAR, China's inflation rate was 0.50% in 2025, ranked 173rd globally. This represents a 32.2% decrease from 2024. Data from World Bank, covering 1989–2025.
Overview
Macao SAR, China's inflation rate stood at 0.50% in 2025, a decline of +0.24pp from 2024. The IMF projects 0.50% by 2025. Macao SAR, China ranked 173rd globally.
Macao’s inflation rate has fallen to 0.50 % in 2025, placing it 173rd in the world rankings and making it marginally lower than Cyprus (0.72 %) and closely aligned with the Bahamas (0.45 %). The territory’s price dynamics have swung dramatically over the 37‑year series, climbing from an 8.77 % start in 1989 to an all‑time peak of 9.57 % in 1991, before plunging to a historic trough of –3.20 % in 1999. The post‑1999 period has been characterised by modest inflation, reflecting Macao’s small, service‑oriented economy and the stabilising influence of its currency peg to the renminbi. Recent low inflation mirrors the broader regional trend of subdued price growth in advanced small‑open economies. Continued fiscal prudence and stable tourism demand are likely to keep inflation near the low‑single‑digit range, although a sharp rise in global commodity prices or major shifts in visitor flows could push the trajectory upward.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.19% | - | - |
| 2029* IMF | 2.13% | - | - |
| 2028* IMF | 2.05% | - | - |
| 2027* IMF | 1.76% | - | - |
| 2026* IMF | 1.25% | - | - |
| 2025* IMF | 0.50% | - | - |
| 2025 | 0.50% | −0.24pp | #173 |
| 2024 | 0.74% | −0.20pp | #17 |
| 2023 | 0.48% | −0.57pp | #7 |
| 2022 | 1.05% | +1.02pp | #3 |
| 2021 | 0.03% | −0.78pp | #8 |
| 2020 | 0.81% | −1.94pp | #68 |
| 2019 | 2.75% | −0.25pp | #117 |
| 2018 | 3.00% | +1.78pp | #119 |
| 2017 | 1.23% | −1.14pp | #51 |
| 2016 | 2.37% | −2.19pp | #118 |
| 2015 | 4.56% | −1.48pp | #149 |
| 2014 | 6.05% | +0.54pp | #159 |
| 2013 | 5.50% | −0.60pp | #145 |
| 2012 | 6.11% | +0.30pp | #148 |
| 2011 | 5.81% | +3.00pp | #128 |
Detected Pattern
Analysis
Macao SAR, China matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Macao SAR, China's inflation rate was 0.50% in 2025. Ranked 173rd globally. This represents a 32.2% decrease from the previous year.
Macao SAR, China's inflation rate peaked at 9.57% in 1991.
The lowest inflation rate in Macao SAR, China was -3.20% in 1999.
Macao SAR, China ranks 173rd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Macao SAR, China's inflation rate is projected to reach 0.50% by 2025 based on IMF projection.
The inflation rate of Macao SAR, China in 2025 was 0.50%. This ranks 173rd in the world.
Cite this page
@misc{historysaid_macao-sar-china_inflation-rate,
title = {Macao SAR, China Inflation Rate},
url = {https://historysaid.com/macao-sar-china/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}