Compensation of employees in Macau, China
Macau, China: Compensation of employees was 33.4% in 2023. ▼ Falling
Compensation of employees in Macau, China, 1996–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, compensation of employees in Macau, China stood at 33.4%.
That represents a change of up 39.5% on the previous year and up 9.1% over ten years.
Over the whole period, compensation of employees in Macau, China peaked at 56.8% in 1997 and was at its lowest, 24.0%, in 2022.
Macau, China ranks 52nd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Compensation of employees in Macau, China, year by year
| Year | % of expense | Change |
|---|---|---|
| 1996 | 56.0% | — |
| 1997 | 56.8% | +1.3% |
| 1998 | 56.7% | -0.1% |
| 1999 | 46.5% | -18.1% |
| 2000 | 53.5% | +15.3% |
| 2001 | 53.7% | +0.2% |
| 2002 | 52.6% | -2.0% |
| 2003 | 50.0% | -4.9% |
| 2004 | 49.7% | -0.6% |
| 2005 | 49.2% | -0.9% |
| 2006 | 45.3% | -8.0% |
| 2007 | 45.5% | +0.3% |
| 2008 | 34.0% | -25.2% |
| 2009 | 28.6% | -15.9% |
| 2010 | 27.5% | -3.7% |
| 2011 | 30.2% | +9.8% |
| 2012 | 31.7% | +5.0% |
| 2013 | 30.6% | -3.5% |
| 2014 | 29.9% | -2.3% |
| 2015 | 30.6% | +2.2% |
| 2016 | 30.8% | +0.8% |
| 2017 | 31.9% | +3.4% |
| 2018 | 31.8% | -0.1% |
| 2019 | 31.2% | -2.1% |
| 2020 | 26.6% | -14.6% |
| 2021 | 30.2% | +13.6% |
| 2022 | 24.0% | -20.7% |
| 2023 | 33.4% | +39.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.0% | 46.5% | 56.8% | 4 |
| 2000s | 46.2% | 28.6% | 53.7% | 10 |
| 2010s | 30.6% | 27.5% | 31.9% | 10 |
| 2020s | 28.5% | 24.0% | 33.4% | 4 |
Countries ranked near Macau, China
- 49 Afghanistan 34.0% compare
- 50 Naoero 33.9% compare
- 51 Tonga 33.8% compare
- 53 Malawi 32.5% compare
- 54 United Arab Emirates 32.2% compare
- 55 Trinidad and Tobago 32.1% compare
More public sector data for Macau, China
- 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)
- 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)
- Net lending (+) / net borrowing (-) 7.0% (2024)
Frequently asked questions
- What is compensation of employees in Macau, China?
- Compensation of employees in Macau, China was 33.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Macau, China?
- The highest recorded value was 56.8% in 1997.
- What is the lowest compensation of employees recorded in Macau, China?
- The lowest recorded value was 24.0% in 2022.
- How does Macau, China rank for compensation of employees?
- Macau, China ranks 52nd out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Macau, China?
- Over the last ten years it is up 9.1%. The long-run trend across the full record is falling.
- Where does this Macau, China 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 (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.