Government Spending in Macau decreased to 9208 MOP THO in the first quarter of 2021 from 14791 MOP THO in the fourth quarter of 2020. source: Statistics and Census Service, Government of Macao SAR

Government Spending in Macau averaged 7409.94 MOP THO from 2001 until 2021, reaching an all time high of 14791 MOP THO in the fourth quarter of 2020 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 August of 2021.

Government Spending in Macau is expected to be 18323.00 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 9668.00 in 12 months time. In the long-term, the Macau Government Spending is projected to trend around 17860.00 MOP THO in 2022 and 18753.00 MOP THO in 2023, according to our econometric models.

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Macau Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
9208.00 14791.00 14791.00 3009.00 2001 - 2021 MOP THO Quarterly
Constant Prices, NSA

Macau Government Last Previous Highest Lowest Unit
Government Budget Value -3430.59 -6113.53 37033.07 -19045.18 MOP Million [+]
Government Spending 9208.00 14791.00 14791.00 3009.00 MOP THO [+]
Government Revenues 15193.23 16224.70 44756.93 3165.10 MOP Million [+]
Fiscal Expenditure 18623.82 22338.23 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.