Euro area vs Macao: Tax revenue (% of GDP)
Euro area
19.2%
in 2024
Macao
27.4%
in 2024
Euro area rank
6th
Macao rank
6th
Tax revenue (% of GDP) over time
- Euro area
- Macao
How they compare
Macao currently reports 27.4% against 19.2% in Euro area, a difference of 8.2%.
That makes Macao's figure about 1.4 times Euro area's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was Euro area ahead.
Euro area ranks 6th and Macao ranks 6th of 35 groups.
Across the 4 decades both report, Euro area averaged higher in 1 and Macao in 3.
Head to head by decade
| Decade | Euro area | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.9% | 14.4% | 4.6% | Euro area |
| 2000s | 18.5% | 21.7% | 3.2% | Macao |
| 2010s | 19.0% | 32.6% | 13.6% | Macao |
| 2020s | 19.2% | 21.7% | 2.5% | Macao |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Euro area or Macao?
- Macao, at 27.4% against 19.2% in Euro area as of 2024.
- What is the difference in tax revenue between Euro area and Macao?
- 8.2%, with Macao ahead.
- How many years of comparable data are there for Euro area and Macao?
- 29 years are reported by both, from 1996 to 2024.
- How do Euro area and Macao rank globally for tax revenue?
- Euro area ranks 6th and Macao ranks 6th of 35 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.