Macao: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value 2.79
 Year 2022
 Measure percent
 Data availability 2010 - 2022
 Average 14.39
 Min - Max 1.50 - 26.98
 Source Monetary Authority of Macao
For that indicator, we provide data for Macao from 2010 to 2022. The average value for Macao during that period was 14.39 percent with a minimum of 1.5 percent in 2021 and a maximum of 26.98 percent in 2013. The latest value from 2022 is 2.79 percent. For comparison, the world average in 2022 based on 159 countries is -2.53 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 - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Macao - Fiscal balance, percent of GDP - historical chart - 2010-2022

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 28.48 2022 percent
 Government spending, in dollars 6.44 2023 billion U.S. dollars
 Fiscal balance, percent of GDP 2.79 2022 percent
 Government expenditure 11.39 Q3/2023 billion
 Tax revenue 19.31 2021 percent
 Taxes on goods and services 63.13 2021 percent
 Income and profits taxes 12.58 2021 percent
 Foreign aid 0.12 2004 million U.S. dollars
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