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Taxes on Goods and Services (As % of Revenue) rose 34.2% to 71.7% in Macao in 2023

Taxes on Goods and Services (As % of Revenue) (%), 2023
Economy | Macao | September 1, 2025
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Excel Sheet

Taxes on goods and services as a share of revenue rose 34.2% to 71.7% in Macao in 2023, according to the National Statistical Office.

Historically, taxes on goods and services as a share of revenue in Macao reached an all time high of 91.3% in 2013 and an all time low of 53.4% in 2022.

Macao has been ranked 1st within the group of 83 countries we follow in terms of taxes on goods and services as a share of revenue.

Taxes on Goods and Services (As % of Revenue) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
China % ... ... 35.9% 32.6% 31.9% 34.4% 31.2%
Hong Kong % ... ... ... ... ... ... ... ... ... ... ... ... ... ...
India % 37.3% 40.9% ... ... ... ...
Indonesia % 38.1% 35.9% 35.9% 38.1% ... ... ...
Japan % 36.1% 35.3% ... ... ... ... ...
Macao % 83.4% 86.9% 82.8% 60.3% 63.1%
Malaysia % 28.7% 19.5% 18.2% 19.7% 19.3%
Philippines % 27.0% 27.3% 27.4% 27.2% 28.3%
Russia % 22.3% 21.7% 22.2% 23.7% 25.3%
Singapore % 19.8% 21.1% 18.1% 20.4% 20.8%
Taiwan % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand % 45.5% 44.8% 42.9% 43.4% 45.1%
USA % 2.47% 3.05% 2.61% 2.29% 2.05%
Vietnam % ... ... ... ... ... ... ... ... ... ...