European Union | Revenue, excluding grants (% of GDP)
Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. 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 | Revenue, excluding grants (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
25.96183662 1973
26.35567814 1974
26.60367419 1975
27.64171043 1976
28.21604407 1977
28.55576676 1978
28.7931423 1979
29.91156389 1980
30.34496071 1981
31.12024892 1982
31.62770548 1983
31.68609548 1984
32.09518347 1985
32.5275184 1986
32.74286782 1987
32.35893635 1988
32.51191556 1989
31.70155606 1990
33.74300762 1991
34.1580487 1992
33.92035 1993
33.9225736 1994
37.20589985 1995
37.65114909 1996
37.56437824 1997
36.82098058 1998
37.14435396 1999
36.56556066 2000
36.06595321 2001
35.60576681 2002
35.5841688 2003
35.09873538 2004
35.28116229 2005
35.51266808 2006
35.56854678 2007
35.61866515 2008
35.51014559 2009
35.60540134 2010
35.78356502 2011
35.50092048 2012
36.09868822 2013
36.09380245 2014
35.74665729 2015
35.62911874 2016
35.64811407 2017
35.77515386 2018
35.73600208 2019
35.77421851 2020
35.92189676 2021
2022
European Union | Revenue, excluding grants (% of GDP)
Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here. 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