Taxes less subsidies on products (current LCU) in Macao
Macao: Taxes less subsidies on products (current LCU) was 905.00 million current LCU in 2024. ◆ Volatile
Latest (2024)
905.00 million current LCU
Change on year
down 0.4%
World rank
167th
of 199 countries
All-time high
909.00 million current LCU
in 2023
All-time low
101.00 million current LCU
in 1993
Years of data
34
1991–2024
Taxes less subsidies on products in Macao, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, taxes less subsidies on products in Macao stood at 905.00 million current LCU.
Compared with earlier readings it is down 0.4% on the previous year and up 98.0% over ten years.
Over the whole period, taxes less subsidies on products in Macao peaked at 909.00 million current LCU in 2023 and was at its lowest, 101.00 million current LCU, in 1993.
Macao ranks 167th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU) in Macao, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | 114.00 million current LCU | — |
| 1992 | 116.00 million current LCU | +1.8% |
| 1993 | 101.00 million current LCU | -12.9% |
| 1994 | 130.00 million current LCU | +28.7% |
| 1995 | 147.00 million current LCU | +13.1% |
| 1996 | 177.00 million current LCU | +20.4% |
| 1997 | 173.00 million current LCU | -2.3% |
| 1998 | 145.00 million current LCU | -16.2% |
| 1999 | 164.00 million current LCU | +13.1% |
| 2000 | 187.00 million current LCU | +14.0% |
| 2001 | 239.00 million current LCU | +27.8% |
| 2002 | 226.00 million current LCU | -5.4% |
| 2003 | 224.00 million current LCU | -0.9% |
| 2004 | 256.00 million current LCU | +14.3% |
| 2005 | 275.00 million current LCU | +7.4% |
| 2006 | 267.00 million current LCU | -2.9% |
| 2007 | 319.00 million current LCU | +19.5% |
| 2008 | 256.00 million current LCU | -19.7% |
| 2009 | 216.00 million current LCU | -15.6% |
| 2010 | 259.00 million current LCU | +19.9% |
| 2011 | 411.00 million current LCU | +58.7% |
| 2012 | 533.00 million current LCU | +29.7% |
| 2013 | 466.00 million current LCU | -12.6% |
| 2014 | 457.00 million current LCU | -1.9% |
| 2015 | 511.00 million current LCU | +11.8% |
| 2016 | 446.00 million current LCU | -12.7% |
| 2017 | 530.00 million current LCU | +18.8% |
| 2018 | 510.00 million current LCU | -3.8% |
| 2019 | 532.00 million current LCU | +4.3% |
| 2020 | 602.00 million current LCU | +13.2% |
| 2021 | 750.00 million current LCU | +24.6% |
| 2022 | 873.00 million current LCU | +16.4% |
| 2023 | 909.00 million current LCU | +4.1% |
| 2024 | 905.00 million current LCU | -0.4% |
Macao compared with similar countries
- Macao's 905.00 million current LCU is below the median for high income countries, which is 26.91 billion current LCU, 3% of the median. (74 countries reporting)
- Macao's 905.00 million current LCU is below the median for East Asia & Pacific, which is 20.94 billion current LCU, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 140.78 million current LCU | 101.00 million current LCU | 177.00 million current LCU | 9 |
| 2000s | 246.50 million current LCU | 187.00 million current LCU | 319.00 million current LCU | 10 |
| 2010s | 465.50 million current LCU | 259.00 million current LCU | 533.00 million current LCU | 10 |
| 2020s | 807.80 million current LCU | 602.00 million current LCU | 909.00 million current LCU | 5 |
Countries ranked near Macao
More economy & growth data for Macao
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.24 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0251 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,806 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.89 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 65.29 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0382 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 2,753 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 4.24 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.5885 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 44,668 includes gold, current US$ per person (2025)
Frequently asked questions
- What is taxes less subsidies on products in Macao?
- Taxes less subsidies on products in Macao was 905.00 million current 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 Macao?
- The highest recorded value was 909.00 million current LCU in 2023.
- What is the lowest taxes less subsidies on products recorded in Macao?
- The lowest recorded value was 101.00 million current LCU in 1993.
- How does Macao rank for taxes less subsidies on products?
- Macao ranks 167th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Macao?
- Over the last ten years it is up 98.0%. The long-run trend across the full record is volatile.
- Where does this Macao 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.