Macao SAR, China—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic OutlookGlobal Rank: #4 of 192
Latest Value
7.1%
2027
YoY Change
+26.8%
2026 → 2027
Global Rank
#4
of 192 countries
Maximum
27.0%
2013
Minimum
-37.0%
2022
CAGR
+3.0%
27 years
Last
7.1%
Previous
5.6%
Highest
27.0%
Lowest
-37.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | 7.1% | +26.8% |
| 2026 | 5.6% | +36.6% |
| 2025 | 4.1% | -40.6% |
| 2024 | 6.9% | +527.3% |
| 2023 | 1.1% | +103.0% |
| 2022 | -37.0% | -186.8% |
| 2021 | -12.9% | +39.7% |
| 2020 | -21.4% | -248.6% |
| 2019 | 14.4% | +8.3% |
| 2018 | 13.3% | +0.0% |
| 2017 | 13.3% | +16.7% |
| 2016 | 11.4% | -17.4% |
| 2015 | 13.8% | -43.0% |
| 2014 | 24.2% | -10.4% |
| 2013 | 27.0% | +12.5% |
| 2012 | 24.0% | -2.8% |
| 2011 | 24.7% | +27.3% |
| 2010 | 19.4% | +44.8% |
| 2009 | 13.4% | -23.4% |
| 2008 | 17.5% | +6.7% |
| 2007 | 16.4% | +69.1% |
| 2006 | 9.7% | +16.9% |
| 2005 | 8.3% | +6.4% |
| 2004 | 7.8% | +62.5% |
| 2003 | 4.8% | +77.8% |
| 2002 | 2.7% | -18.2% |
| 2001 | 3.3% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 5.6% | +36.6% |
| 2027Forecast | 7.1% | +26.8% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 26.5% | 2026 |
| 2 | Norway | 10.7% | 2026 |
| 3 | Nauru | 9.5% | 2026 |
| 4 | Macao SAR, China | 5.6% | 2026 |
| 5 | United Arab Emirates | 4.8% | 2026 |
| 6 | South Sudan | 4.1% | 2026 |
| 7 | Lesotho | 3.8% | 2026 |
| 8 | Liechtenstein | 3.2% | 2026 |
| 9 | Cyprus | 3.2% | 2026 |
| 10 | Singapore | 2.7% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP