Macao vs United Kingdom: Tax revenue (% of GDP)
Macao
27.4%
in 2024
United Kingdom
26.9%
in 2024
Macao rank
6th
United Kingdom rank
9th
Tax revenue (% of GDP) over time
- Macao
- United Kingdom
How they compare
Macao currently reports 27.4% against 26.9% in United Kingdom, a difference of 0.5%.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was United Kingdom ahead.
Macao ranks 6th and United Kingdom ranks 9th of 157 countries.
Across the 4 decades both report, Macao averaged higher in 1 and United Kingdom in 3.
Head to head by decade
| Decade | Macao | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.4% | 24.2% | 9.9% | United Kingdom |
| 2000s | 21.7% | 25.3% | 3.6% | United Kingdom |
| 2010s | 32.6% | 25.1% | 7.4% | Macao |
| 2020s | 21.7% | 26.2% | 4.5% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Macao or United Kingdom?
- Macao, at 27.4% against 26.9% in United Kingdom as of 2024.
- What is the difference in tax revenue between Macao and United Kingdom?
- 0.5%, with Macao ahead.
- How many years of comparable data are there for Macao and United Kingdom?
- 29 years are reported by both, from 1996 to 2024.
- How do Macao and United Kingdom rank globally for tax revenue?
- Macao ranks 6th and United Kingdom ranks 9th of 157 countries.
- 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.
Individual pages
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.