Government Spending in Macau increased to 13357 MOP THO in the fourth quarter of 2019 from 10502 MOP THO in the third quarter of 2019.

Government Spending in Macau averaged 7135.34 MOP THO from 2001 until 2019, reaching an all time high of 13378 MOP THO in the fourth quarter of 2018 and a record low of 3009 MOP THO in the first quarter of 2001. This page provides - Macao Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Government Spending - values, historical data and charts - was last updated on June of 2020.

Government Spending in Macau is expected to be 8825.00 MOP THO by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Macau to stand at 13370.00 in 12 months time. In the long-term, the Macau Government Spending is projected to trend around 13611.00 MOP THO in 2021 and 13679.00 MOP THO in 2022, according to our econometric models.

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Macau Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
13357.00 10502.00 13378.00 3009.00 2001 - 2019 MOP THO Quarterly
Constant Prices, NSA

Macau Government Last Previous Highest Lowest Unit
Government Budget Value 8523.48 9053.90 37033.07 900.00 MOP Million [+]
Government Spending 13357.00 10502.00 13378.00 3009.00 MOP THO [+]
Government Revenues 36285.43 32302.10 44756.93 3165.10 MOP Million [+]
Fiscal Expenditure 27761.95 23248.30 27761.95 1941.90 MOP Million [+]
Credit Rating 87.00 [+]

Macau Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.