Compensation of employees (current LCU) in Macao
Macao: Compensation of employees (current LCU) was 25.00 billion current LCU in 2024. ◆ Volatile
Compensation of employees in Macao, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, compensation of employees in Macao stood at 25.00 billion current LCU. That is the highest value across all 29 years on record.
The figure is up 3.8% on the previous year and up 67.5% over ten years.
Over the whole period, compensation of employees in Macao peaked at 25.00 billion current LCU in 2024 and was at its lowest, 3.99 billion current LCU, in 1996.
Macao ranks 94th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Macao, year by year
| Year | current LCU | Change |
|---|---|---|
| 1996 | 3.99 billion current LCU | — |
| 1997 | 4.40 billion current LCU | +10.2% |
| 1998 | 4.62 billion current LCU | +5.1% |
| 1999 | 4.54 billion current LCU | -1.7% |
| 2000 | 4.37 billion current LCU | -3.8% |
| 2001 | 4.52 billion current LCU | +3.4% |
| 2002 | 4.65 billion current LCU | +2.7% |
| 2003 | 4.82 billion current LCU | +3.7% |
| 2004 | 5.03 billion current LCU | +4.3% |
| 2005 | 5.54 billion current LCU | +10.2% |
| 2006 | 5.86 billion current LCU | +5.7% |
| 2007 | 6.79 billion current LCU | +15.8% |
| 2008 | 7.85 billion current LCU | +15.6% |
| 2009 | 8.40 billion current LCU | +7.1% |
| 2010 | 9.15 billion current LCU | +8.9% |
| 2011 | 10.72 billion current LCU | +17.1% |
| 2012 | 11.94 billion current LCU | +11.4% |
| 2013 | 13.20 billion current LCU | +10.6% |
| 2014 | 14.92 billion current LCU | +13.0% |
| 2015 | 16.92 billion current LCU | +13.4% |
| 2016 | 18.12 billion current LCU | +7.1% |
| 2017 | 19.57 billion current LCU | +8.0% |
| 2018 | 20.66 billion current LCU | +5.6% |
| 2019 | 21.93 billion current LCU | +6.2% |
| 2020 | 23.21 billion current LCU | +5.8% |
| 2021 | 23.54 billion current LCU | +1.4% |
| 2022 | 23.68 billion current LCU | +0.6% |
| 2023 | 24.08 billion current LCU | +1.7% |
| 2024 | 25.00 billion current LCU | +3.8% |
Macao compared with similar countries
- Macao's 25.00 billion current LCU is above the median for high income countries, which is 23.97 billion current LCU, 1.0× the median. (57 countries reporting)
- Macao's 25.00 billion current LCU is above the median for East Asia & Pacific, which is 23.59 billion current LCU, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.39 billion current LCU | 3.99 billion current LCU | 4.62 billion current LCU | 4 |
| 2000s | 5.78 billion current LCU | 4.37 billion current LCU | 8.40 billion current LCU | 10 |
| 2010s | 15.71 billion current LCU | 9.15 billion current LCU | 21.93 billion current LCU | 10 |
| 2020s | 23.90 billion current LCU | 23.21 billion current LCU | 25.00 billion current LCU | 5 |
Countries ranked near Macao
More public sector data for Macao
- Tax revenue 27.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.6% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 76.2% (2024)
- Net investment in nonfinancial assets 4.8% (2024)
- Net lending (+) / net borrowing (-) 7.0% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
Frequently asked questions
- What is compensation of employees in Macao?
- Compensation of employees in Macao was 25.00 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Macao?
- The highest recorded value was 25.00 billion current LCU in 2024.
- What is the lowest compensation of employees recorded in Macao?
- The lowest recorded value was 3.99 billion current LCU in 1996.
- How does Macao rank for compensation of employees?
- Macao ranks 94th out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Macao?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.