Macao: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Macao

Government spending as percent of GDP

 Latest value 12.45
 Year 2024
 Measure percent
 Data availability 1982 - 2024
 Average 10.57
 Min - Max 5.66 - 27.47
 Source The World Bank
The latest value from 2024 is 12.45 percent, a decline from 13.87 percent in 2023. In comparison, the world average is 15.06 percent, based on data from 120 countries. Historically, the average for Macao from 1982 to 2024 is 10.57 percent. The minimum value, 5.66 percent, was reached in 1983 while the maximum of 27.47 percent was recorded in 2022. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Macao - Government spending, percent of GDP - Recent values chart

Historical series
Macao - Government spending, percent of GDP - historical chart - 1982-2024




The government size of Macao and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 12.45 2024 percent
 Government spending, in dollars 6.35 2025 billion U.S. dollars
 Fiscal balance, percent of GDP 6.91 2024 percent
 Primary budget balance -37.04 2022 percent
 Government expenditure 10.18 Q1/2026 billion
 Tax revenue 27.42 2024 percent
 Taxes on goods and services 76.24 2024 percent
 Income and profits taxes 8.55 2024 percent
 Foreign aid 0.32 1999 million U.S. dollars
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