Tax revenue in Macao
Macao: Tax revenue was 109.00 billion current LCU in 2024. ◆ Volatile
Tax revenue in Macao, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Macao is 109.00 billion current LCU, measured in 2024.
That represents a change of up 29.2% on the previous year and down 29.2% over ten years.
Over the whole period, tax revenue in Macao peaked at 153.86 billion current LCU in 2014 and was at its lowest, 7.43 billion current LCU, in 1999.
That places Macao 92nd out of 157 countries with data for 2024, putting it 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 | 7.97 billion current LCU | 7.43 billion current LCU | 9.24 billion current LCU | 4 |
| 2000s | 24.36 billion current LCU | 8.11 billion current LCU | 50.99 billion current LCU | 10 |
| 2010s | 120.49 billion current LCU | 77.72 billion current LCU | 153.86 billion current LCU | 10 |
| 2020s | 63.82 billion current LCU | 33.67 billion current LCU | 109.00 billion current LCU | 5 |
Countries ranked near Macao
- 89 Central African Republic 114.52 billion current LCU compare
- 90 Guinea-Bissau 110.66 billion current LCU compare
- 91 Ghana 110.02 billion current LCU compare
- 93 Singapore 103.80 billion current LCU compare
- 94 Guatemala 102.16 billion current LCU compare
- 95 Ireland 100.98 billion current LCU compare
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 tax revenue in Macao?
- Tax revenue in Macao was 109.00 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Macao?
- The highest recorded value was 153.86 billion current LCU in 2014.
- What is the lowest tax revenue recorded in Macao?
- The lowest recorded value was 7.43 billion current LCU in 1999.
- How does Macao rank for tax revenue?
- Macao ranks 92nd out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Macao?
- Over the last ten years it is down 29.2%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.