Europe & Central Asia vs Macao: Tax revenue
Tax revenue over time
- Europe & Central Asia
- Macao
How they compare
Macao currently reports 27.4% against 19.7% in Europe & Central Asia, a difference of 7.7%.
That makes Macao's figure about 1.4 times Europe & Central Asia's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was Europe & Central Asia ahead.
Europe & Central Asia ranks 5th and Macao ranks 6th of 35 groups.
Across the 4 decades both report, Europe & Central Asia averaged higher in 1 and Macao in 3.
Head to head by decade
| Decade | Europe & Central Asia | Macao | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.4% | 14.4% | 5.1% | Europe & Central Asia |
| 2000s | 19.4% | 21.7% | 2.3% | Macao |
| 2010s | 19.3% | 32.6% | 13.3% | Macao |
| 2020s | 19.5% | 21.7% | 2.2% | Macao |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Europe & Central Asia or Macao?
- Macao, at 27.4% against 19.7% in Europe & Central Asia as of 2024.
- What is the difference in tax revenue between Europe & Central Asia and Macao?
- 7.7%, with Macao ahead.
- How many years of comparable data are there for Europe & Central Asia and Macao?
- 29 years are reported by both, from 1996 to 2024.
- How do Europe & Central Asia and Macao rank globally for tax revenue?
- Europe & Central Asia ranks 5th 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.