Taxes less subsidies on products in Macau, China
Macau, China: Taxes less subsidies on products was 893.00 million constant LCU in 2024. ▲ Rising
Taxes less subsidies on products in Macau, China, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Macau, China recorded 893.00 million constant LCU for taxes less subsidies on products in 2024.
The figure is down 1.8% on the previous year and up 74.8% over ten years.
Over the whole period, taxes less subsidies on products in Macau, China peaked at 909.00 million constant LCU in 2023 and was at its lowest, 476.00 million constant LCU, in 2016.
That places Macau, China 153rd 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 in Macau, China, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2014 | 511.00 million constant LCU | — |
| 2015 | 554.00 million constant LCU | +8.4% |
| 2016 | 476.00 million constant LCU | -14.1% |
| 2017 | 558.00 million constant LCU | +17.2% |
| 2018 | 525.00 million constant LCU | -5.9% |
| 2019 | 540.00 million constant LCU | +2.9% |
| 2020 | 607.00 million constant LCU | +12.4% |
| 2021 | 757.00 million constant LCU | +24.7% |
| 2022 | 880.00 million constant LCU | +16.2% |
| 2023 | 909.00 million constant LCU | +3.3% |
| 2024 | 893.00 million constant LCU | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 527.33 million constant LCU | 476.00 million constant LCU | 558.00 million constant LCU | 6 |
| 2020s | 809.20 million constant LCU | 607.00 million constant LCU | 909.00 million constant LCU | 5 |
Countries ranked near Macau, China
- 151 Suriname 1.23 billion constant LCU compare
- 152 Aruba 1.02 billion constant LCU compare
- 154 Saint Lucia 838.90 million constant LCU compare
- 155 Montenegro 743.20 million constant LCU compare
- 156 Bahrain 722.65 million constant LCU compare
More economy & growth data for Macau, China
- Net primary income (Net income from abroad) (current US$), annual 56.43 % change on previous year (2024)
- Services, value added (constant 2015 US$), per capita 61,607 constant 2015 US$ per person (2024)
- Taxes less subsidies on products (current US$), per capita 163.91 current US$ per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0023 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate -0.1109 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 56.57 % change on previous year (2024)
- Services, value added (constant LCU), per capita 530,576 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 0.4591 % change on previous year (2025)
- GNI (current US$), annual growth rate 10.4 % change on previous year (2024)
- GNI (current US$), per unit of GDP 0.9881 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Macau, China?
- Taxes less subsidies on products in Macau, China was 893.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Macau, China?
- The highest recorded value was 909.00 million constant LCU in 2023.
- What is the lowest taxes less subsidies on products recorded in Macau, China?
- The lowest recorded value was 476.00 million constant LCU in 2016.
- How does Macau, China rank for taxes less subsidies on products?
- Macau, China ranks 153rd out of 189 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Macau, China?
- Over the last ten years it is up 74.8%. The long-run trend across the full record is rising.
- Where does this Macau, China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.