Budget balance — all countries

Budget balance — Macao

Budget balance in Macao in 2031 — 5.4%. Ranked 4 in the world out of 188. Since 2001, the indicator has risen by 2.1 pp.

2031 5.4% −0.2 pp vs 2030
World rank 4of 188
Period maximum 27%2013
Period minimum -37.1%2022

Trend over time

2001–2031 · % of GDP

Budget balance — Macao, 2001–2031-40-2002040200120042007201020132016201920222025202820312001: 3.3%2002: 2.7%2003: 4.8%2004: 7.8%2005: 8.3%2006: 9.7%2007: 16.4%2008: 17.5%2009: 13.4%2010: 19.4%2011: 24.7%2012: 24%2013: 27%2014: 24.1%2015: 13.9%2016: 11.4%2017: 13.3%2018: 13.4%2019: 14.5%2020: -21.5%2021: -13%2022: -37.1%2023: 2.1%2024: 7%2025: 4.5%2026: 4.2%2027: 4.9%2028: 5.3%2029: 5.6%2030: 5.6%2031: 5.4%
Change over the period: +2.1 pp Annual average: 0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Macao

Macao 5.4%
World computed -4.85%
East Asia & Pacific computed -5.66%
Eastern Asia computed -6.66%
High-income countries computed -4.26%
Budget balance — Macao, by year Macao All countries CSV XLSX
Year % Change, pp
2031 5.4 −0.2 pp
2030 5.6 +0 pp
2029 5.6 +0.3 pp
2028 5.3 +0.4 pp
2027 4.9 +0.7 pp
2026 4.2 −0.3 pp
2025 4.5 −2.5 pp
2024 7 +4.9 pp
2023 2.1 +39.2 pp
2022 -37.1 −24.1 pp
2021 -13 +8.5 pp
2020 -21.5 −36 pp
2019 14.5 +1.1 pp
2018 13.4 +0.1 pp
2017 13.3 +1.9 pp
2016 11.4 −2.5 pp
2015 13.9 −10.2 pp
2014 24.1 −2.9 pp
2013 27 +3 pp
2012 24 −0.7 pp
2011 24.7 +5.3 pp
2010 19.4 +6 pp
2009 13.4 −4.1 pp
2008 17.5 +1.1 pp
2007 16.4 +6.7 pp
2006 9.7 +1.4 pp
2005 8.3 +0.5 pp
2004 7.8 +3 pp
2003 4.8 +2.1 pp
2002 2.7 −0.6 pp
2001 3.3

Eastern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.