Macao SAR, China Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Macao SAR, China's interest payments to revenue was 0.01% in 1998, ranked 1st globally. This represents a 554.4% increase from 1997. Data from World Bank, covering 1996–1998.
Overview
Macao SAR, China's interest payments to revenue stood at 0.01% in 1998, a rise of +0.01pp from 1997. Macao SAR, China ranked 1st globally.
Macao SAR’s interest payments to revenue fell sharply between 1996 and 1998, moving from the all‑time peak of 0.04% in 1996 to a trough of 0.00% in 1997 before rising slightly to 0.01% in 1998, the lowest share among all economies and the global leader at that level. This rapid decline reflects the territory’s limited reliance on debt financing, a pattern that contrasts sharply with peer jurisdictions such as Luxembourg, whose 0.80% share signals a far higher debt service burden, and Iran, where interest payments consume 0.76% of revenue. The three‑year coverage window captures a period of fiscal consolidation that coincided with robust tourism revenues and prudent fiscal management, allowing the government to keep borrowing costs negligible. If Macau maintains its strong fiscal buffers and continues to generate surplus cash flows, the interest‑to‑revenue ratio is likely to remain near the 0.01% mark, although any substantial rise in external borrowing or a downturn in tourism could reverse the current trajectory.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 1998 | 0.01% | +0.01pp | #1 |
| 1997 | 0.00% | −0.04pp | #1 |
| 1996 | 0.04% | – | #2 |
Detected Pattern
Analysis
Macao SAR, China matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Macao SAR, China's interest payments to revenue was 0.01% in 1998. Ranked 1st globally. This represents a 554.4% increase from the previous year.
Macao SAR, China's interest payments to revenue peaked at 0.04% in 1996.
The lowest interest payments to revenue in Macao SAR, China was 0.00% in 1997.
Macao SAR, China ranks 1st globally in interest payments to revenue as of 1998.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Macao SAR, China in 1998 was 0.01%. This ranks 1st in the world.
Cite this page
@misc{historysaid_macao-sar-china_interest-to-revenue,
title = {Macao SAR, China Interest Payments to Revenue},
url = {https://historysaid.com/macao-sar-china/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}