Taxes less subsidies on products in Macao

Macao: Taxes less subsidies on products was 112.61 million current US$ in 2024. ◆ Volatile

Latest (2024)
112.61 million current US$
Change on year
down 0.1%
World rank
177th
of 198 countries
All-time high
112.73 million current US$
in 2023
All-time low
12.68 million current US$
in 1993
Years of data
34
1991–2024

Taxes less subsidies on products in Macao, 1991–2024

25.0M50.0M75.0M100.0M125.0M1991200720241991: 14.2M current US$1992: 14.6M current US$1993: 12.7M current US$1994: 16.3M current US$1995: 18.4M current US$1996: 22.2M current US$1997: 21.7M current US$1998: 18.2M current US$1999: 20.5M current US$2000: 23.3M current US$2001: 29.8M current US$2002: 28.1M current US$2003: 27.9M current US$2004: 31.9M current US$2005: 34.3M current US$2006: 33.4M current US$2007: 39.7M current US$2008: 31.9M current US$2009: 27.1M current US$2010: 32.4M current US$2011: 51.3M current US$2012: 66.7M current US$2013: 58.3M current US$2014: 57.2M current US$2015: 64.0M current US$2016: 55.8M current US$2017: 66.0M current US$2018: 63.2M current US$2019: 65.9M current US$2020: 75.4M current US$2021: 93.7M current US$2022: 108.2M current US$2023: 112.7M current US$2024: 112.6M current US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2024, taxes less subsidies on products in Macao stood at 112.61 million current US$.

That represents a change of down 0.1% on the previous year and up 96.8% over ten years.

Over the whole period, taxes less subsidies on products in Macao peaked at 112.73 million current US$ in 2023 and was at its lowest, 12.68 million current US$, in 1993.

That places Macao 177th out of 198 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.65 million current US$ 12.68 million current US$ 22.22 million current US$ 9
2000s 30.74 million current US$ 23.30 million current US$ 39.70 million current US$ 10
2010s 58.08 million current US$ 32.37 million current US$ 66.71 million current US$ 10
2020s 100.52 million current US$ 75.35 million current US$ 112.73 million current US$ 5

Countries ranked near Macao

  1. 174 Dominica 119.90 million current US$ compare
  2. 175 Equatorial Guinea 118.14 million current US$ compare
  3. 176 Guinea-Bissau 115.18 million current US$ compare
  4. 178 Comoros 95.49 million current US$ compare
  5. 179 Tonga 92.11 million current US$ compare
  6. 180 Bhutan 88.97 million current US$ compare

See the full ranking of 198 places →

More economy & growth data for Macao

All data for Macao →

Frequently asked questions

What is taxes less subsidies on products in Macao?
Taxes less subsidies on products in Macao was 112.61 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Macao?
The highest recorded value was 112.73 million current US$ in 2023.
What is the lowest taxes less subsidies on products recorded in Macao?
The lowest recorded value was 12.68 million current US$ in 1993.
How does Macao rank for taxes less subsidies on products?
Macao ranks 177th out of 198 countries with data for 2024.
Is taxes less subsidies on products rising or falling in Macao?
Over the last ten years it is up 96.8%. The long-run trend across the full record is volatile.
Where does this Macao data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.