Macao: Fiscal freedom

The latest value from 2020 is 75 points, a decline from 77 points in 2019. In comparison, the world average is 77 points, based on data from 177 countries. Historically, the average for Macao from 2009 to 2020 is 75 points. The minimum value, 71 points, was reached in 2014 while the maximum of 79 points was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

The Fiscal Freedom index for Macao from The Heritage Foundation reflects the tax burden imposed by the government, including the direct taxes on individuals and corporations and the overall amount of tax revenue as a a share of GDP.

Definition: The Fiscal freedom index measures the tax burden imposed by government. It is composed of three quantitative factors: the top marginal tax rate on individual income, the top marginal tax rate on corporate income, and the total tax burden as a percentage of GDP.