Macao: Tax revenue

* indicates monthly or quarterly data series

Tax revenue, percent of GDP

 Latest value 19.31
 Year 2021
 Measure percent
 Data availability 1996 - 2021
 Average 24.65
 Min - Max 13.1 - 37.42
 Source The World Bank
For that indicator, we provide data for Macao from 1996 to 2021. The average value for Macao during that period was 24.65 percent with a minimum of 13.1 percent in 1996 and a maximum of 37.42 percent in 2011. The latest value from 2021 is 19.31 percent. For comparison, the world average in 2021 based on 105 countries is 17.49 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Macao - Tax revenue - recent values

Historical chart
Macao - Tax revenue - historical chart - 1996-2021

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

 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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