Taxes less subsidies on products (constant LCU), per unit of GDP in Macao
Macao: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0181 constant LCU per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (constant LCU), per unit of GDP in Macao, 2014–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Macao is 0.0181 constant LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 9.4% on the previous year and up 94.1% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Macao peaked at 0.0353 constant LCU per US$ of GDP in 2022 and was at its lowest, 0.0093 constant LCU per US$ of GDP, in 2014.
That places Macao 178th out of 189 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Macao, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2014 | 0.0093 constant LCU per US$ of GDP | — |
| 2015 | 0.0123 constant LCU per US$ of GDP | +32.5% |
| 2016 | 0.0106 constant LCU per US$ of GDP | -14.1% |
| 2017 | 0.0111 constant LCU per US$ of GDP | +4.8% |
| 2018 | 0.0095 constant LCU per US$ of GDP | -14.1% |
| 2019 | 0.0098 constant LCU per US$ of GDP | +3.0% |
| 2020 | 0.024 constant LCU per US$ of GDP | +144.7% |
| 2021 | 0.0247 constant LCU per US$ of GDP | +2.9% |
| 2022 | 0.0353 constant LCU per US$ of GDP | +42.8% |
| 2023 | 0.0199 constant LCU per US$ of GDP | -43.6% |
| 2024 | 0.0181 constant LCU per US$ of GDP | -9.4% |
Macao compared with similar countries
- Macao's 0.0181 constant LCU per US$ of GDP is below the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 20% of the median. (66 countries reporting)
- Macao's 0.0181 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 13% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0104 constant LCU per US$ of GDP | 0.0093 constant LCU per US$ of GDP | 0.0123 constant LCU per US$ of GDP | 6 |
| 2020s | 0.0244 constant LCU per US$ of GDP | 0.0181 constant LCU per US$ of GDP | 0.0353 constant LCU per US$ of GDP | 5 |
Countries ranked near Macao
- 175 Marshall Islands 0.0246 constant LCU per US$ of GDP compare
- 176 Switzerland 0.0195 constant LCU per US$ of GDP compare
- 177 Qatar 0.0194 constant LCU per US$ of GDP compare
- 179 Bahrain 0.0148 constant LCU per US$ of GDP compare
- 180 Sudan 0.0054 constant LCU per US$ of GDP
- 181 Cuba 0.0039 constant LCU per US$ of GDP compare
More economy & growth data for Macao
- Households and NPISHs Final consumption expenditure (current LCU) 1.63 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.9796 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 74,350 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 3.02 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0988 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 7,499 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 1.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.3012 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 22,860 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.4232 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Macao?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Macao was 0.0181 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Macao?
- The highest recorded value was 0.0353 constant LCU per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Macao?
- The lowest recorded value was 0.0093 constant LCU per US$ of GDP in 2014.
- How does Macao rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Macao ranks 178th out of 189 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Macao?
- Over the last ten years it is up 94.1%. The long-run trend across the full record is rising.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.