Inflation rates in Macao
The inflation rate for consumer prices in Macao moved over the past 33 years between -3.2% and 9.6%. For 2022, an inflation rate of 1.0% was calculated.During the observation period from 1989 to 2022, the average inflation rate was 3.7% per year. Overall, the price increase was 221.81%. An item that cost 100 patacas in 1989 costs 321.81 patacas at the beginning of 2023.
› Inflation rates in global comparison
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Performance over the last 33 years compared with the USA
In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1988:
Inflation calculator for Macao
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 patacas in 1989 corresponds to 3,218.07 patacas at the beginning of 2023 due to inflation.Inflation rates for consumer goods in Macao
Historical inflation rates in comparison
| Year | Macao | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2022 | 1.05 % | 9.22 % | 8.00 % | 8.31 % |
| 2021 | 0.03 % | 2.55 % | 4.70 % | 3.48 % |
| 2020 | 0.81 % | 0.48 % | 1.23 % | 1.92 % |
| 2019 | 2.75 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 3.00 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 1.23 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | 2.37 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | 4.56 % | -0.06 % | 0.12 % | 1.43 % |
| 2014 | 6.05 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 5.50 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 6.11 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 5.81 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 2.81 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | 1.17 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 8.61 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 5.57 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 5.15 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 4.40 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 0.98 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | -1.56 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | -2.64 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | -1.98 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | -1.61 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | -3.20 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | 0.17 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 3.49 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | 4.82 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 8.56 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 6.25 % | 4.72 % | 2.61 % | 10.32 % |
| 1993 | 6.71 % | 4.85 % | 2.95 % | 7.51 % |
| 1992 | 7.71 % | 6.22 % | 3.03 % | 7.71 % |
| 1991 | 9.57 % | 5.48 % | 4.23 % | 9.00 % |
| 1990 | 7.97 % | 6.15 % | 5.40 % | 8.13 % |
| 1989 | 8.77 % | 6.26 % | 4.83 % | 7.00 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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Country comparison: Macao / United States of America
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