Taxes less subsidies on products (current US$), annual growth rate in Macao
Macao: Taxes less subsidies on products (current US$), annual growth rate was -0.1109 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Macao, 1992–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Macao recorded -0.1109 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.
Compared with earlier readings it is down 102.7% on the previous year and up 94.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Macao peaked at 58.37 % change on previous year in 2011 and was at its lowest, -19.59 % change on previous year, in 2008.
That places Macao 167th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 2.16 % change on previous year | — |
| 1993 | -12.88 % change on previous year | -695.7% |
| 1994 | 28.83 % change on previous year | -323.9% |
| 1995 | 12.97 % change on previous year | -55.0% |
| 1996 | 20.43 % change on previous year | +57.5% |
| 1997 | -2.37 % change on previous year | -111.6% |
| 1998 | -16.22 % change on previous year | +584.8% |
| 1999 | 12.92 % change on previous year | -179.6% |
| 2000 | 13.54 % change on previous year | +4.8% |
| 2001 | 27.69 % change on previous year | +104.5% |
| 2002 | -5.44 % change on previous year | -119.6% |
| 2003 | -0.734 % change on previous year | -86.5% |
| 2004 | 14.27 % change on previous year | -2044.4% |
| 2005 | 7.57 % change on previous year | -47.0% |
| 2006 | -2.79 % change on previous year | -136.9% |
| 2007 | 18.96 % change on previous year | -779.2% |
| 2008 | -19.59 % change on previous year | -203.3% |
| 2009 | -15.25 % change on previous year | -22.2% |
| 2010 | 19.64 % change on previous year | -228.8% |
| 2011 | 58.37 % change on previous year | +197.2% |
| 2012 | 30.14 % change on previous year | -48.4% |
| 2013 | -12.56 % change on previous year | -141.7% |
| 2014 | -1.91 % change on previous year | -84.8% |
| 2015 | 11.85 % change on previous year | -721.8% |
| 2016 | -12.83 % change on previous year | -208.3% |
| 2017 | 18.38 % change on previous year | -243.2% |
| 2018 | -4.33 % change on previous year | -123.6% |
| 2019 | 4.34 % change on previous year | -200.3% |
| 2020 | 14.31 % change on previous year | +229.7% |
| 2021 | 24.33 % change on previous year | +70.0% |
| 2022 | 15.54 % change on previous year | -36.1% |
| 2023 | 4.15 % change on previous year | -73.3% |
| 2024 | -0.1109 % change on previous year | -102.7% |
Macao compared with similar countries
- Macao's -0.1109 % change on previous year is below the median for high income countries, which is 8.9 % change on previous year. (74 countries reporting)
- Macao's -0.1109 % change on previous year is below the median for East Asia & Pacific, which is 2.09 % change on previous year. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), annual growth rate in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +2044.4% | -0.734 % change on previous year | 14.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.73 % change on previous year | -16.22 % change on previous year | 28.83 % change on previous year | 8 |
| 2000s | 3.82 % change on previous year | -19.59 % change on previous year | 27.69 % change on previous year | 10 |
| 2010s | 11.11 % change on previous year | -12.83 % change on previous year | 58.37 % change on previous year | 10 |
| 2020s | 11.64 % change on previous year | -0.1109 % change on previous year | 24.33 % change on previous year | 5 |
Countries ranked near Macao
- 164 Bahamas 0.159 % change on previous year compare
- 165 Jamaica 0.0582 % change on previous year compare
- 166 Azerbaijan -0.0508 % change on previous year compare
- 168 Argentina -0.143 % change on previous year compare
- 169 Tuvalu -0.2777 % change on previous year compare
- 170 Fiji -0.4936 % change on previous year compare
More economy & growth data for Macao
- Foreign direct investment, net outflows (BoP, current US$), 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 (current us$), annual growth rate in Macao?
- Taxes less subsidies on products (current us$), annual growth rate in Macao was -0.1109 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Macao?
- The highest recorded value was 58.37 % change on previous year in 2011.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Macao?
- The lowest recorded value was -19.59 % change on previous year in 2008.
- How does Macao rank for taxes less subsidies on products (current us$), annual growth rate?
- Macao ranks 167th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Macao?
- Over the last ten years it is up 94.2%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.