Taxes less subsidies on products (current US$), per unit of GDP (unit) in Macao
Macao: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0023 current US$ per US$ of GDP in 2024. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Macao, 1991–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in Macao is 0.0023 current US$ per US$ of GDP, measured in 2024.
That represents a change of down 7.9% on the previous year and up 118.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Macao peaked at 0.0043 current US$ per US$ of GDP in 2022 and was at its lowest, 0.001 current US$ per US$ of GDP, in 2014.
Macao ranks 190th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Macao, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1991 | 0.0038 current US$ per US$ of GDP | — |
| 1992 | 0.003 current US$ per US$ of GDP | -21.7% |
| 1993 | 0.0022 current US$ per US$ of GDP | -24.4% |
| 1994 | 0.0026 current US$ per US$ of GDP | +15.7% |
| 1995 | 0.0026 current US$ per US$ of GDP | +1.2% |
| 1996 | 0.0031 current US$ per US$ of GDP | +18.2% |
| 1997 | 0.003 current US$ per US$ of GDP | -3.6% |
| 1998 | 0.0027 current US$ per US$ of GDP | -10.4% |
| 1999 | 0.0031 current US$ per US$ of GDP | +17.2% |
| 2000 | 0.0034 current US$ per US$ of GDP | +9.7% |
| 2001 | 0.0043 current US$ per US$ of GDP | +26.1% |
| 2002 | 0.0038 current US$ per US$ of GDP | -12.0% |
| 2003 | 0.0034 current US$ per US$ of GDP | -11.3% |
| 2004 | 0.003 current US$ per US$ of GDP | -11.5% |
| 2005 | 0.0028 current US$ per US$ of GDP | -5.8% |
| 2006 | 0.0022 current US$ per US$ of GDP | -20.5% |
| 2007 | 0.0022 current US$ per US$ of GDP | -4.0% |
| 2008 | 0.0015 current US$ per US$ of GDP | -29.5% |
| 2009 | 0.0013 current US$ per US$ of GDP | -17.5% |
| 2010 | 0.0011 current US$ per US$ of GDP | -8.6% |
| 2011 | 0.0014 current US$ per US$ of GDP | +21.4% |
| 2012 | 0.0015 current US$ per US$ of GDP | +11.0% |
| 2013 | 0.0011 current US$ per US$ of GDP | -26.8% |
| 2014 | 0.001 current US$ per US$ of GDP | -7.9% |
| 2015 | 0.0014 current US$ per US$ of GDP | +36.7% |
| 2016 | 0.0012 current US$ per US$ of GDP | -12.9% |
| 2017 | 0.0013 current US$ per US$ of GDP | +5.8% |
| 2018 | 0.0011 current US$ per US$ of GDP | -12.6% |
| 2019 | 0.0012 current US$ per US$ of GDP | +4.4% |
| 2020 | 0.003 current US$ per US$ of GDP | +148.8% |
| 2021 | 0.0031 current US$ per US$ of GDP | +2.6% |
| 2022 | 0.0043 current US$ per US$ of GDP | +42.0% |
| 2023 | 0.0025 current US$ per US$ of GDP | -43.1% |
| 2024 | 0.0023 current US$ per US$ of GDP | -7.9% |
Macao compared with similar countries
- Macao's 0.0023 current US$ per US$ of GDP is below the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 2% of the median. (74 countries reporting)
- Macao's 0.0023 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP, 3% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +148.8% | 0.0012 current US$ per US$ of GDP | 0.003 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0029 current US$ per US$ of GDP | 0.0022 current US$ per US$ of GDP | 0.0038 current US$ per US$ of GDP | 9 |
| 2000s | 0.0028 current US$ per US$ of GDP | 0.0013 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 10 |
| 2010s | 0.0013 current US$ per US$ of GDP | 0.001 current US$ per US$ of GDP | 0.0015 current US$ per US$ of GDP | 10 |
| 2020s | 0.003 current US$ per US$ of GDP | 0.0023 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 5 |
Countries ranked near Macao
- 187 Japan 0.0058 current US$ per US$ of GDP compare
- 188 Qatar 0.0056 current US$ per US$ of GDP compare
- 189 Isle of Man 0.0029 current US$ per US$ of GDP compare
- 191 Venezuela 0 current US$ per US$ of GDP compare
- 192 Oman -0.0054 current US$ per US$ of GDP compare
- 193 Brunei -0.0142 current US$ per US$ of GDP compare
More economy & growth data for Macao
- Real gdp growth, annual growth rate -40.5 % change on previous year (2025)
- 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)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Macao?
- Taxes less subsidies on products (current us$), per unit of gdp in Macao was 0.0023 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Macao?
- The highest recorded value was 0.0043 current US$ per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Macao?
- The lowest recorded value was 0.001 current US$ per US$ of GDP in 2014.
- How does Macao rank for taxes less subsidies on products (current us$), per unit of gdp?
- Macao ranks 190th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Macao?
- Over the last ten years it is up 118.5%. The long-run trend across the full record is falling.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.