European Union | Grants and other revenue (% of revenue)

Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants. 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
European Union
Records
63
Source
European Union | Grants and other revenue (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 7.89764953
1974 7.60589639
1975 8.25298882
1976 9.18380978
1977 8.7691495
1978 9.36065253
1979 9.76406534
1980 10.01083476
1981 10.75321299
1982 12.81419538
1983 10.75396492
1984 11.15497474
1985 9.63128225
1986 11.46042693
1987 10.92842898
1988 9.65964344
1989 9.785193
1990 11.0111651
1991 9.11316938
1992 9.40752602
1993 9.16310115
1994 8.44903209
1995 8.56346192
1996 8.08319681
1997 7.36537576
1998 7.2225432
1999 6.69110127
2000 6.89688982
2001 8.14410637
2002 7.23104549
2003
2004 8.22897385
2005 8.89356886
2006 9.11336415
2007 9.29680123
2008 9.44652222
2009 10.46824732
2010 10.41215345
2011 10.36445848
2012 10.82112034
2013 11.32027533
2014 9.3740027
2015 9.53814302
2016 8.78007788
2017 8.24318727
2018 8.66138203
2019 8.7127351
2020 8.76776885
2021 8.89785703
2022

European Union | Grants and other revenue (% of revenue)

Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government owner­ship of property); and voluntary, unrequited, nonrepayable receipts other than grants. 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
European Union
Records
63
Source