Macao: Taxes on goods and services

* indicates monthly or quarterly data series
 Macao

Taxes on goods and services, percent of total revenue

 Latest value 63.13
 Year 2021
 Measure percent
 Data availability 1996 - 2021
 Average 78.32
 Min - Max 55.61 - 91.29
 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 78.32 percent with a minimum of 55.61 percent in 1999 and a maximum of 91.29 percent in 2013. The latest value from 2021 is 63.13 percent. For comparison, the world average in 2021 based on 104 countries is 33.72 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 - Taxes on goods and services - recent values

Historical chart
Macao - Taxes on goods and services - historical chart - 1996-2021




Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.


 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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