Social contributions (% of revenue) in Macao
Macao: Social contributions (% of revenue) was 0.4% in 2024. ◆ Volatile
Social contributions in Macao, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in Macao stood at 0.4%.
That represents a change of down 19.6% on the previous year and up 235.2% over ten years.
Over the whole period, social contributions in Macao peaked at 1.1% in 2022 and was at its lowest, 0.1%, in 2014.
Macao ranks 100th of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (% of revenue) in Macao, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1996 | 0.5% | — |
| 1997 | 0.4% | -18.0% |
| 1998 | 0.5% | +30.0% |
| 1999 | 0.8% | +54.2% |
| 2000 | 0.9% | +10.2% |
| 2001 | 0.8% | -4.5% |
| 2002 | 0.8% | -1.2% |
| 2003 | 0.6% | -20.3% |
| 2004 | 0.5% | -18.7% |
| 2005 | 0.5% | -4.9% |
| 2006 | 0.5% | -4.9% |
| 2007 | 0.4% | -17.8% |
| 2008 | 0.3% | -24.1% |
| 2009 | 0.3% | +3.3% |
| 2010 | 0.2% | -37.3% |
| 2011 | 0.3% | +35.9% |
| 2012 | 0.1% | -48.0% |
| 2013 | 0.1% | -14.8% |
| 2014 | 0.1% | -1.4% |
| 2015 | 0.2% | +47.2% |
| 2016 | 0.2% | +5.6% |
| 2017 | 0.3% | +68.8% |
| 2018 | 0.3% | -6.0% |
| 2019 | 0.3% | +16.6% |
| 2020 | 0.9% | +162.2% |
| 2021 | 0.8% | -8.0% |
| 2022 | 1.1% | +44.8% |
| 2023 | 0.5% | -58.5% |
| 2024 | 0.4% | -19.6% |
Macao compared with similar countries
- Macao's 0.4% is below the median for high income countries, which is 28.1%, 1% of the median. (49 countries reporting)
- Macao's 0.4% is below the median for East Asia & Pacific, which is 2.0%, 19% of the median. (11 countries reporting)
Biggest year-on-year movements
Years where Social contributions (% of revenue) in Macao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +162.2% | 0.3% | 0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5% | 0.4% | 0.8% | 4 |
| 2000s | 0.6% | 0.3% | 0.9% | 10 |
| 2010s | 0.2% | 0.1% | 0.3% | 10 |
| 2020s | 0.7% | 0.4% | 1.1% | 5 |
Countries ranked near Macao
- 97 Bhutan 0.5% compare
- 98 Seychelles 0.5% compare
- 99 Mozambique 0.5% compare
- 101 Cape Verde 0.2% compare
- 102 Papua New Guinea 0.2% compare
- 103 India 0.1% compare
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 social contributions in Macao?
- Social contributions in Macao was 0.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Macao?
- The highest recorded value was 1.1% in 2022.
- What is the lowest social contributions recorded in Macao?
- The lowest recorded value was 0.1% in 2014.
- How does Macao rank for social contributions?
- Macao ranks 100th out of 112 countries with data for 2024.
- Is social contributions rising or falling in Macao?
- Over the last ten years it is up 235.2%. 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.