Education Spending: Macao

Macao's education spending is currently 3.502 % of GDP as of 2023. # Macao Education Spending Macao allocated 3.

Current (2023)

3.502 % of GDP

-42.2% y/y

Peak (2020)

6.389 % of GDP

Low (2007)

2.043 % of GDP

Source

World Bank World Development Indicators

1998–2023 · 26 pts

Education Spending — Macao

1998 — 2023

Education Spending — Macao

Analysis# Macao Education Spending Macao allocated 3.502% of its GDP to education in 2023, a significant decline from the previous year's 6.057%. Since 1998, education spending has grown 4.5 percentage points overall, though this masks considerable volatility. The territory's all-time peak reached 6.389% in 2020, while its lowest point stood at 2.043% in 2007, demonstrating a range of 4.3 percentage points across the 26-year period. The most striking shift occurred during 2020, when spending surged to its historical high—likely reflecting pandemic-related educational investments. A sharp contraction in 2023 suggests a return toward pre-2020 baseline levels, falling below the 2022 figure of 6.057%. The recent downward trajectory raises questions about whether Macao is consolidating pandemic-era spending or adjusting budget priorities. Current levels remain well above the 2007 low, positioning education spending at a moderate-to-high level relative to historical performance.

Historical Data

26 Rows

Year	Value	Change %
2023	3.502 % of GDP	-42.18%
2022	6.057 % of GDP	+18.60%
2021	5.107 % of GDP	-20.07%
2020	6.389 % of GDP	+108.45%
2019	3.065 % of GDP	+12.15%
2018	2.733 % of GDP	+0.89%
2017	2.709 % of GDP	-12.61%
2016	3.1 % of GDP	+3.26%
2015	3.002 % of GDP	+46.51%
2014	2.049 % of GDP	-0.05%
2013	2.05 % of GDP	-38.35%
2012	3.325 % of GDP	+24.30%
2011	2.675 % of GDP	+2.18%
2010	2.618 % of GDP	+3.36%
2009	2.533 % of GDP	+15.35%
2008	2.196 % of GDP	+7.49%
2007	2.043 % of GDP	-6.88%
2006	2.194 % of GDP	-3.69%
2005	2.278 % of GDP	+2.02%
2004	2.233 % of GDP	-19.68%