Macao: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Macao

Government spending as percent of GDP

 Latest value 28.48
 Year 2022
 Measure percent
 Data availability 1982 - 2022
 Average 10.46
 Min - Max 5.66 - 28.48
 Source The World Bank
For that indicator, we provide data for Macao from 1982 to 2022. The average value for Macao during that period was 10.46 percent with a minimum of 5.66 percent in 1983 and a maximum of 28.48 percent in 2022. The latest value from 2022 is 28.48 percent. For comparison, the world average in 2022 based on 142 countries is 16.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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

Historical chart
Macao - Government spending, percent of GDP - historical chart - 1982-2022




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.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 28.48 2022 percent
 Government spending, in dollars 6.85 2022 billion U.S. dollars
 Fiscal balance, percent of GDP 2.79 2022 percent
 Government expenditure 11.38 Q3/2023 billion
 Tax revenue 19.31 2021 percent
 Taxes on goods and services 63.13 2021 percent
 Taxes on international trade 0.00 2021 percent
 Income and profits taxes 12.58 2021 percent
 Foreign aid 0.12 2004 million U.S. dollars
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