Macao SAR, China—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #1 of 139
Latest Value
71.7%
2023
YoY Change
+34.2%
2022 → 2023
Global Rank
#1
of 139 countries
Maximum
91.3%
2013
Minimum
53.4%
2022
CAGR
+0.1%
24 years
Last
71.7%
Previous
53.4%
Highest
91.3%
Lowest
53.4%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 71.7% | +34.2% |
| 2022 | 53.4% | -15.3% |
| 2021 | 63.1% | +4.6% |
| 2020 | 60.3% | -27.2% |
| 2019 | 82.8% | -4.6% |
| 2018 | 86.9% | +4.1% |
| 2017 | 83.4% | +0.1% |
| 2016 | 83.3% | -0.4% |
| 2015 | 83.7% | -6.5% |
| 2014 | 89.5% | -2.0% |
| 2013 | 91.3% | +0.8% |
| 2012 | 90.6% | +0.5% |
| 2011 | 90.1% | +0.9% |
| 2010 | 89.3% | +7.4% |
| 2009 | 83.1% | -2.0% |
| 2008 | 84.8% | +7.2% |
| 2007 | 79.1% | -0.6% |
| 2006 | 79.6% | +0.7% |
| 2005 | 79.0% | -4.0% |
| 2004 | 82.3% | +4.7% |
| 2003 | 78.5% | +5.4% |
| 2002 | 74.5% | +9.3% |
| 2001 | 68.2% | -1.7% |
| 2000 | 69.4% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →