Subsidies and other transfers (% of expense) in Macao
Macao: Subsidies and other transfers (% of expense) was 32.6% in 2023. ▲ Rising
Subsidies and other transfers in Macao, 1996–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Macao recorded 32.6% for subsidies and other transfers in 2023.
That represents a change of down 22.5% on the previous year and down 2.9% over ten years.
Over the whole period, subsidies and other transfers in Macao peaked at 44.5% in 2020 and was at its lowest, 9.5%, in 2007.
That places Macao 95th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Subsidies and other transfers (% of expense) in Macao, year by year
| Year | % of expense | Change |
|---|---|---|
| 1996 | 21.0% | — |
| 1997 | 21.7% | +3.2% |
| 1998 | 21.7% | +0.2% |
| 1999 | 11.6% | -46.5% |
| 2000 | 9.6% | -17.1% |
| 2001 | 10.3% | +6.7% |
| 2002 | 14.6% | +42.1% |
| 2003 | 14.3% | -2.1% |
| 2004 | 14.7% | +2.7% |
| 2005 | 10.7% | -27.5% |
| 2006 | 12.0% | +12.1% |
| 2007 | 9.5% | -21.0% |
| 2008 | 17.9% | +89.4% |
| 2009 | 22.4% | +25.0% |
| 2010 | 21.7% | -3.2% |
| 2011 | 36.1% | +66.2% |
| 2012 | 34.5% | -4.5% |
| 2013 | 33.5% | -2.6% |
| 2014 | 32.8% | -2.1% |
| 2015 | 30.7% | -6.4% |
| 2016 | 31.7% | +3.2% |
| 2017 | 32.3% | +1.8% |
| 2018 | 31.0% | -4.1% |
| 2019 | 31.3% | +1.0% |
| 2020 | 44.5% | +42.1% |
| 2021 | 37.6% | -15.5% |
| 2022 | 42.0% | +11.9% |
| 2023 | 32.6% | -22.5% |
Macao compared with similar countries
- Macao's 32.6% is below the median for high income countries, which is 48.0%, 68% of the median. (56 countries reporting)
- Macao's 32.6% is above the median for East Asia & Pacific, which is 29.4%, 1.1× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Subsidies and other transfers (% of expense) 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 |
|---|---|---|---|
| 2008 | +89.4% | 9.5% | 17.9% |
| 2011 | +66.2% | 21.7% | 36.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.0% | 11.6% | 21.7% | 4 |
| 2000s | 13.6% | 9.5% | 22.4% | 10 |
| 2010s | 31.6% | 21.7% | 36.1% | 10 |
| 2020s | 39.2% | 32.6% | 44.5% | 4 |
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 subsidies and other transfers in Macao?
- Subsidies and other transfers in Macao was 32.6% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Macao?
- The highest recorded value was 44.5% in 2020.
- What is the lowest subsidies and other transfers recorded in Macao?
- The lowest recorded value was 9.5% in 2007.
- How does Macao rank for subsidies and other transfers?
- Macao ranks 95th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Macao?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% 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
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.