Denmark | Tax revenue (% of GDP)

Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source
Denmark | Tax revenue (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 29.0073425
1973 28.92177263
1974 29.10840133
1975 26.71837402
1976 26.48581
1977 27.07072012
1978 28.13558182
1979 28.60343479
1980 28.5258746
1981 28.04775221
1982 27.09919336
1983 27.80652075
1984 29.0103743
1985 30.5028086
1986 32.74336013
1987 32.22169217
1988 32.44583801
1989 31.39666031
1990 29.72460684
1991 29.12939079
1992 29.48600415
1993 30.84808287
1994 31.56028067
1995 31.66083202
1996 31.87982065
1997 31.7470264
1998 32.04662624
1999 31.92657078
2000 31.59411903
2001 30.16719583
2002 30.11718967
2003 30.14077788
2004 31.29221449
2005 33.07176767
2006 31.86029116
2007 35.09300117
2008 33.42154071
2009 33.18383922
2010 32.73723667
2011 32.75348927
2012 33.44639821
2013 33.81975266
2014 36.50029166
2015 33.92161906
2016 33.29505948
2017 33.39987958
2018 32.2352444
2019 34.83404296
2020 34.45223411
2021 34.81015441
2022

Denmark | Tax revenue (% of GDP)

Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Kingdom of Denmark
Records
63
Source