European Union vs Macau, China: Tax revenue
Tax revenue over time
- European Union
- Macau, China
How they compare
Macau, China currently reports 27.4% against 19.9% in European Union, a difference of 7.5%.
That makes Macau, China's figure about 1.4 times European Union's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was European Union ahead.
European Union ranks 4th and Macau, China ranks 6th of 35 groups.
Across the 4 decades both report, European Union averaged higher in 1 and Macau, China in 3.
Head to head by decade
| Decade | European Union | Macau, China | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.6% | 14.4% | 5.3% | European Union |
| 2000s | 19.2% | 21.7% | 2.5% | Macau, China |
| 2010s | 19.6% | 32.6% | 13.0% | Macau, China |
| 2020s | 19.8% | 21.7% | 1.9% | Macau, China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, European Union or Macau, China?
- Macau, China, at 27.4% against 19.9% in European Union as of 2024.
- What is the difference in tax revenue between European Union and Macau, China?
- 7.5%, with Macau, China ahead.
- How many years of comparable data are there for European Union and Macau, China?
- 29 years are reported by both, from 1996 to 2024.
- How do European Union and Macau, China rank globally for tax revenue?
- European Union ranks 4th and Macau, China 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.