Macao SAR, China: General government final consumption expenditure (% of GDP)

Key figures

What the numbers say

In 2025, Macao SAR, China's general government final consumption expenditure (% of GDP) fell 0.25 percentage points on 2024 (from 12.45% to 12.2%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.11 percentage points and a typical year strayed about 4.25 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 15.71 percentage points in 2020 and the biggest yearly fall was 13.6 percentage points in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Macao SAR, China had the 97th highest value of the 131 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Macao SAR, China in the 2025 ranking

• Malaysia — 93rd of 131: 12.37%
• Niger — 94th of 131: 12.23%
• Kyrgyz Republic — 95th of 131: 12.21%
• Switzerland — 97th of 131: 12.04%
• Mexico — 98th of 131: 11.79%
• Uganda — 99th of 131: 11.67%

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 44 values

General government final consumption expenditure (% of GDP) in nearby economies

• Australia — 23.15% (2025)
• Brunei Darussalam — 23.81% (2025)
• Cambodia — 5.65% (2025)
• China — 16.71% (2024)
• Fiji — 18.9% (2024)
• French Polynesia — 32.01% (2024)
• Hong Kong SAR, China — 12.57% (2025)
• Indonesia — 7.53% (2025)
• Japan — 20.14% (2024)

More economic policy & debt data for Macao SAR, China

• Adjusted savings, education expenditure (% of GNI) — 4.4% (2021)
• Adjusted savings, carbon dioxide damage (current US$) — US$119.95 million (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Foreign direct investment, net inflows (BoP, current US$) — US$1.15 billion (2025)
• Food, beverages and tobacco (% of value added in manufacturing) — 50.99% (2024)
• Other manufacturing (% of value added in manufacturing) — 40.08% (2024)
• Textiles and clothing (% of value added in manufacturing) — 2.88% (2024)
• General government final consumption expenditure (current US$) — US$6.35 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Macao SAR, China's general government final consumption expenditure (% of GDP)?

12.2% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1982?

It is up 6.39 percentage points from 5.81% in 1982. The highest value was 27.47% in 2022 and the lowest 5.66% in 1983.

How does Macao SAR, China rank?

97th highest of 131 economies with data for 2025.

Is the latest change in general government final consumption expenditure (% of GDP) unusual for Macao SAR, China?

In 2025, Macao SAR, China's general government final consumption expenditure (% of GDP) fell 0.25 percentage points on 2024 (from 12.45% to 12.2%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.11 percentage points and a typical year strayed about 4.25 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.CON.GOVT.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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