Macao SAR, China—Government Expense (% of GDP)
Macao SAR, China's government expense (% of GDP) was 19.6% in 2023, ranking #99 out of 138 countries. This represents a -60.2% change from 2022. Over the past 24 years, the highest recorded value was 49.2% (2022) and the lowest was 10.1% (2007). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 19.6% | -60.2% |
| 2022 | 49.2% | +54.8% |
| 2021 | 31.8% | -26.5% |
| 2020 | 43.2% | +172.6% |
| 2019 | 15.8% | +8.5% |
| 2018 | 14.6% | -4.0% |
| 2017 | 15.2% | -6.9% |
| 2016 | 16.3% | +6.1% |
| 2015 | 15.4% | +35.6% |
| 2014 | 11.4% | +8.6% |
| 2013 | 10.5% | -4.0% |
| 2012 | 10.9% | -9.1% |
| 2011 | 12.0% | -18.4% |
| 2010 | 14.7% | -13.8% |
| 2009 | 17.1% | +24.6% |
| 2008 | 13.7% | +35.8% |
| 2007 | 10.1% | -7.3% |
| 2006 | 10.9% | -6.0% |
| 2005 | 11.6% | -2.5% |
| 2004 | 11.9% | -18.7% |
| 2003 | 14.6% | -2.4% |
| 2002 | 14.9% | -2.4% |
| 2001 | 15.3% | +1.8% |
| 2000 | 15.0% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP