Expense in Macao
Macao: Expense was 72.06 billion current LCU in 2023. ◆ Volatile
Expense in Macao, 1996–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Macao stood at 72.06 billion current LCU.
That represents a change of down 27.1% on the previous year and up 67.1% over ten years.
Over the whole period, expense in Macao peaked at 98.87 billion current LCU in 2022 and was at its lowest, 7.12 billion current LCU, in 1996.
Macao ranks 103rd of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.20 billion current LCU | 7.12 billion current LCU | 9.78 billion current LCU | 4 |
| 2000s | 13.68 billion current LCU | 8.17 billion current LCU | 29.40 billion current LCU | 10 |
| 2010s | 51.01 billion current LCU | 33.23 billion current LCU | 70.38 billion current LCU | 10 |
| 2020s | 84.02 billion current LCU | 72.06 billion current LCU | 98.87 billion current LCU | 4 |
Countries ranked near Macao
More public sector data for Macao
- Tax revenue 27.4% (2024)
- Taxes on income, profits and capital gains 8.6% (2024)
- Taxes on goods and services 76.2% (2024)
- Net investment in nonfinancial assets 4.8% (2024)
- Net lending (+) / net borrowing (-) 7.0% (2024)
- Grants and other revenue 13.4% (2024)
- Other taxes 1.5% (2024)
- Compensation of employees 33.4% (2023)
- Goods and services expense 18.0% (2023)
- Subsidies and other transfers 32.6% (2023)
Frequently asked questions
- What is expense in Macao?
- Expense in Macao was 72.06 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Macao?
- The highest recorded value was 98.87 billion current LCU in 2022.
- What is the lowest expense recorded in Macao?
- The lowest recorded value was 7.12 billion current LCU in 1996.
- How does Macao rank for expense?
- Macao ranks 103rd out of 157 countries with data for 2023.
- Is expense rising or falling in Macao?
- Over the last ten years it is up 67.1%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.