Tax revenue (current LCU), annual growth rate in Macao
Macao: Tax revenue (current LCU), annual growth rate was 29.2 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Macao, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenue (current lcu), annual growth rate in Macao is 29.2 % change on previous year, measured in 2024.
The figure is down 80.6% on the previous year and up 982.9% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Macao peaked at 150.53 % change on previous year in 2023 and was at its lowest, -66.61 % change on previous year, in 2020.
That places Macao 18th out of 156 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Macao, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 23.38 % change on previous year | — |
| 1998 | -16.55 % change on previous year | -170.8% |
| 1999 | -3.72 % change on previous year | -77.5% |
| 2000 | 9.25 % change on previous year | -348.6% |
| 2001 | 11.38 % change on previous year | +23.1% |
| 2002 | 12.94 % change on previous year | +13.7% |
| 2003 | 29.93 % change on previous year | +131.3% |
| 2004 | 36.94 % change on previous year | +23.4% |
| 2005 | 12.55 % change on previous year | -66.0% |
| 2006 | 23.07 % change on previous year | +83.9% |
| 2007 | 50 % change on previous year | +116.8% |
| 2008 | 35.14 % change on previous year | -29.7% |
| 2009 | -0.9323 % change on previous year | -102.7% |
| 2010 | 53.85 % change on previous year | -5875.9% |
| 2011 | 42.27 % change on previous year | -21.5% |
| 2012 | 14.86 % change on previous year | -64.8% |
| 2013 | 17.97 % change on previous year | +20.9% |
| 2014 | 2.7 % change on previous year | -85.0% |
| 2015 | -31.85 % change on previous year | -1281.2% |
| 2016 | -4.55 % change on previous year | -85.7% |
| 2017 | 17.32 % change on previous year | -480.8% |
| 2018 | 11.69 % change on previous year | -32.5% |
| 2019 | 0.9363 % change on previous year | -92.0% |
| 2020 | -66.61 % change on previous year | -7214.3% |
| 2021 | 8.32 % change on previous year | -112.5% |
| 2022 | -29.65 % change on previous year | -456.5% |
| 2023 | 150.53 % change on previous year | -607.6% |
| 2024 | 29.2 % change on previous year | -80.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.04 % change on previous year | -16.55 % change on previous year | 23.38 % change on previous year | 3 |
| 2000s | 22.03 % change on previous year | -0.9323 % change on previous year | 50 % change on previous year | 10 |
| 2010s | 12.52 % change on previous year | -31.85 % change on previous year | 53.85 % change on previous year | 10 |
| 2020s | 18.35 % change on previous year | -66.61 % change on previous year | 150.53 % change on previous year | 5 |
Countries ranked near Macao
- 15 Maldives 36.76 % change on previous year compare
- 16 Mongolia 35.01 % change on previous year compare
- 17 Zambia 29.49 % change on previous year compare
- 19 Madagascar 28.92 % change on previous year compare
- 20 Fiji 28.08 % change on previous year compare
- 21 Seychelles 27.05 % change on previous year 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)
- 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 tax revenue (current lcu), annual growth rate in Macao?
- Tax revenue (current lcu), annual growth rate in Macao was 29.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Macao?
- The highest recorded value was 150.53 % change on previous year in 2023.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Macao?
- The lowest recorded value was -66.61 % change on previous year in 2020.
- How does Macao rank for tax revenue (current lcu), annual growth rate?
- Macao ranks 18th out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Macao?
- Over the last ten years it is up 982.9%. The long-run trend across the full record is volatile.
- Where does this Macao data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.