Taxes less subsidies on products in Macao
Macao: Taxes less subsidies on products was 112.61 million current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Macao, 1991–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Macao stood at 112.61 million current US$.
That represents a change of down 0.1% on the previous year and up 96.8% over ten years.
Over the whole period, taxes less subsidies on products in Macao peaked at 112.73 million current US$ in 2023 and was at its lowest, 12.68 million current US$, in 1993.
That places Macao 177th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Macao, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 14.24 million current US$ | — |
| 1992 | 14.55 million current US$ | +2.2% |
| 1993 | 12.68 million current US$ | -12.9% |
| 1994 | 16.33 million current US$ | +28.8% |
| 1995 | 18.45 million current US$ | +13.0% |
| 1996 | 22.22 million current US$ | +20.4% |
| 1997 | 21.69 million current US$ | -2.4% |
| 1998 | 18.17 million current US$ | -16.2% |
| 1999 | 20.52 million current US$ | +12.9% |
| 2000 | 23.30 million current US$ | +13.5% |
| 2001 | 29.75 million current US$ | +27.7% |
| 2002 | 28.13 million current US$ | -5.4% |
| 2003 | 27.93 million current US$ | -0.7% |
| 2004 | 31.91 million current US$ | +14.3% |
| 2005 | 34.33 million current US$ | +7.6% |
| 2006 | 33.37 million current US$ | -2.8% |
| 2007 | 39.70 million current US$ | +19.0% |
| 2008 | 31.92 million current US$ | -19.6% |
| 2009 | 27.05 million current US$ | -15.2% |
| 2010 | 32.37 million current US$ | +19.6% |
| 2011 | 51.26 million current US$ | +58.4% |
| 2012 | 66.71 million current US$ | +30.1% |
| 2013 | 58.33 million current US$ | -12.6% |
| 2014 | 57.22 million current US$ | -1.9% |
| 2015 | 64.00 million current US$ | +11.8% |
| 2016 | 55.78 million current US$ | -12.8% |
| 2017 | 66.04 million current US$ | +18.4% |
| 2018 | 63.18 million current US$ | -4.3% |
| 2019 | 65.92 million current US$ | +4.3% |
| 2020 | 75.35 million current US$ | +14.3% |
| 2021 | 93.69 million current US$ | +24.3% |
| 2022 | 108.24 million current US$ | +15.5% |
| 2023 | 112.73 million current US$ | +4.1% |
| 2024 | 112.61 million current US$ | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.65 million current US$ | 12.68 million current US$ | 22.22 million current US$ | 9 |
| 2000s | 30.74 million current US$ | 23.30 million current US$ | 39.70 million current US$ | 10 |
| 2010s | 58.08 million current US$ | 32.37 million current US$ | 66.71 million current US$ | 10 |
| 2020s | 100.52 million current US$ | 75.35 million current US$ | 112.73 million current US$ | 5 |
Countries ranked near Macao
More economy & growth data for Macao
- GNI (current US$), per capita 71,145 current US$ per person (2024)
- Taxes less subsidies on products (current US$), annual growth rate -0.1109 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 56.57 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 56.43 % change on previous year (2024)
- GNI (current LCU), per capita 571,780 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 7.94 current LCU per US$ of GDP (2024)
- GNI (current LCU), annual growth rate 10.04 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 69,918 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 9.23 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.971 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Macao?
- Taxes less subsidies on products in Macao was 112.61 million current US$ 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 112.73 million current US$ in 2023.
- What is the lowest taxes less subsidies on products recorded in Macao?
- The lowest recorded value was 12.68 million current US$ in 1993.
- How does Macao rank for taxes less subsidies on products?
- Macao ranks 177th out of 197 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Macao?
- Over the last ten years it is up 96.8%. 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 US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.