Expense in Macao

Macao: Expense was 19.6% in 2023. ◆ Volatile

Latest (2023)
19.6%
Change on year
down 60.2%
World rank
111th
of 157 countries
All-time high
49.2%
in 2022
All-time low
10.1%
in 2007
Years of data
28
1996–2023

Expense in Macao, 1996–2023

10203040501996200920231996: 12.5 % of GDP1997: 13.4 % of GDP1998: 15 % of GDP1999: 18.7 % of GDP2000: 15 % of GDP2001: 15.3 % of GDP2002: 14.9 % of GDP2003: 14.6 % of GDP2004: 11.9 % of GDP2005: 11.6 % of GDP2006: 10.9 % of GDP2007: 10.1 % of GDP2008: 13.7 % of GDP2009: 17.1 % of GDP2010: 14.7 % of GDP2011: 12 % of GDP2012: 10.9 % of GDP2013: 10.5 % of GDP2014: 11.4 % of GDP2015: 15.4 % of GDP2016: 16.3 % of GDP2017: 15.2 % of GDP2018: 14.6 % of GDP2019: 15.8 % of GDP2020: 43.2 % of GDP2021: 31.8 % of GDP2022: 49.2 % of GDP2023: 19.6 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2023, expense in Macao stood at 19.6%.

That represents a change of down 60.2% on the previous year and up 87.1% over ten years.

Over the whole period, expense in Macao peaked at 49.2% in 2022 and was at its lowest, 10.1%, in 2007.

Macao ranks 111th 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

DecadeAverage LowestHighest Years
1990s 14.9% 12.5% 18.7% 4
2000s 13.5% 10.1% 17.1% 10
2010s 13.7% 10.5% 16.3% 10
2020s 35.9% 19.6% 49.2% 4

Countries ranked near Macao

  1. 108 Malawi 20.2% compare
  2. 109 Japan 20.1% compare
  3. 110 Iran 19.6% compare
  4. 112 Burkina Faso 19.6% compare
  5. 113 Nepal 19.4% compare
  6. 114 Ireland 19.2% compare

See the full ranking of 183 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is expense in Macao?
Expense in Macao was 19.6% 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 49.2% in 2022.
What is the lowest expense recorded in Macao?
The lowest recorded value was 10.1% in 2007.
How does Macao rank for expense?
Macao ranks 111th out of 157 countries with data for 2023.
Is expense rising or falling in Macao?
Over the last ten years it is up 87.1%. 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 (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.