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Macao SAR, China M2 Money Supply Growth

Broad money growth (annual %)  FM.LBL.BMNY.ZG

Macao SAR, China's m2 money supply growth was 7.48% in 2025, ranked 60th globally. This represents a 4.5% decrease from 2024. Data from World Bank, covering 1985–2025.

7.48% −0.35pp (-4.5%)
Year 2025 Rank #60 Global Peak 40.08% (1988) Source World Bank

Macao SAR, China M2 Money Supply Growth (1985–2025)

Overview

Macao SAR, China's m2 money supply growth stood at 7.48% in 2025, a decline of +0.35pp from 2024. Based on recent trends, this figure is projected to reach 7.48% by 2025. Macao SAR, China ranked 60th globally.

Macao SAR, China's M2 Money Supply Growth has exhibited significant fluctuations over the past four decades, reflecting the territory's economic dynamics. The all-time peak of 40.08% in 1988, during the height of Macao's casino industry boom, stands in stark contrast to the all-time trough of -3.00% in 2015, a period marked by a decline in gaming revenue. Since then, the growth rate has steadily increased, reaching 7.48% in 2025, placing it among the lower ranks globally. Notably, Macao's growth rate surpasses that of Nepal, another jurisdiction with a significant casino industry, which achieved a growth rate of 7.47% in 2025. The relatively stable growth rate in recent years suggests a more stable economic environment, but a decline in gaming revenue or a significant shift in the territory's economic drivers could alter this trajectory, potentially leading to a slowdown in M2 Money Supply Growth.

Data & projection

Year M2 Money Supply Growth YoY change Rank
2027* trend 10.69% - -
2026* trend 9.09% - -
2025* trend 7.48% - -
2025 7.48% −0.35pp #60
2024 7.84% +6.74pp #42
2023 1.10% −3.29pp #15
2022 4.39% +5.08pp #31
2021 -0.70% −1.40pp #6
2020 0.70% −4.83pp #13
2019 5.54% −4.61pp #49
2018 10.14% −0.94pp #106
2017 11.08% −1.54pp #103
2016 12.61% +15.62pp #112
2015 -3.00% −13.44pp #10
2014 10.44% −7.30pp #87
2013 17.73% −8.10pp #124
2012 25.83% +3.24pp #143
2011 22.59% +8.07pp #134
Show all years (1985-2025)
* 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 m2 money supply growth improve within 24 months. View full analysis →

Frequently Asked Questions

What is Macao SAR, China's m2 money supply growth?▾

Macao SAR, China's m2 money supply growth was 7.48% in 2025. Ranked 60th globally. This represents a 4.5% decrease from the previous year.

What was the highest m2 money supply growth in Macao SAR, China?▾

Macao SAR, China's m2 money supply growth peaked at 40.08% in 1988.

What was the lowest m2 money supply growth in Macao SAR, China?▾

The lowest m2 money supply growth in Macao SAR, China was -3.00% in 2015.

How does Macao SAR, China rank in m2 money supply growth?▾

Macao SAR, China ranks 60th globally in m2 money supply growth as of 2025.

What is the World Bank indicator code for m2 money supply growth?▾

The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.

What is the projected m2 money supply growth of Macao SAR, China in 2025?▾

Macao SAR, China's m2 money supply growth is projected to reach 7.48% by 2025 based on trend extrapolation.

What is the m2 money supply growth of Macao SAR, China in 2025?▾

The m2 money supply growth of Macao SAR, China in 2025 was 7.48%. This ranks 60th in the world.

Cite this page

APA
Macao SAR, China M2 Money Supply Growth. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/macao-sar-china/m2-growth/
BibTeX
@misc{historysaid_macao-sar-china_m2-growth, title = {Macao SAR, China M2 Money Supply Growth}, url = {https://historysaid.com/macao-sar-china/m2-growth/}, publisher = {HistorySaid}, year = {2026} }
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