Taxes on income, profits and capital gains in Macao
Macao: Taxes on income, profits and capital gains was 9.9% in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Macao, 1996–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Macao is 9.9%, measured in 2024.
Compared with earlier readings it is down 19.4% on the previous year and up 141.8% over ten years.
Over the whole period, taxes on income, profits and capital gains in Macao peaked at 29.5% in 2022 and was at its lowest, 3.3%, in 2013.
That places Macao 148th out of 153 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income, profits and capital gains in Macao, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1996 | 11.4% | — |
| 1997 | 9.6% | -15.7% |
| 1998 | 12.1% | +26.2% |
| 1999 | 13.1% | +8.7% |
| 2000 | 10.3% | -21.4% |
| 2001 | 10.2% | -1.0% |
| 2002 | 8.6% | -16.3% |
| 2003 | 5.9% | -31.2% |
| 2004 | 5.3% | -9.5% |
| 2005 | 5.2% | -3.3% |
| 2006 | 5.7% | +11.6% |
| 2007 | 8.3% | +43.9% |
| 2008 | 5.8% | -30.3% |
| 2009 | 5.5% | -5.4% |
| 2010 | 4.1% | -24.2% |
| 2011 | 3.4% | -17.7% |
| 2012 | 3.5% | +2.3% |
| 2013 | 3.3% | -5.0% |
| 2014 | 4.1% | +24.0% |
| 2015 | 7.6% | +85.0% |
| 2016 | 7.7% | +1.5% |
| 2017 | 6.8% | -11.8% |
| 2018 | 6.0% | -12.1% |
| 2019 | 7.2% | +21.1% |
| 2020 | 20.3% | +181.1% |
| 2021 | 16.0% | -21.5% |
| 2022 | 29.5% | +84.6% |
| 2023 | 12.3% | -58.3% |
| 2024 | 9.9% | -19.4% |
Macao compared with similar countries
- Macao's 9.9% is below the median for high income countries, which is 43.9%, 23% of the median. (55 countries reporting)
- Macao's 9.9% is below the median for East Asia & Pacific, which is 39.9%, 25% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains 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 | +181.1% | 7.2% | 20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.5% | 9.6% | 13.1% | 4 |
| 2000s | 7.1% | 5.2% | 10.3% | 10 |
| 2010s | 5.4% | 3.3% | 7.7% | 10 |
| 2020s | 17.6% | 9.9% | 29.5% | 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)
- 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 taxes on income, profits and capital gains in Macao?
- Taxes on income, profits and capital gains in Macao was 9.9% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Macao?
- The highest recorded value was 29.5% in 2022.
- What is the lowest taxes on income, profits and capital gains recorded in Macao?
- The lowest recorded value was 3.3% in 2013.
- How does Macao rank for taxes on income, profits and capital gains?
- Macao ranks 148th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Macao?
- Over the last ten years it is up 141.8%. 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.