High income | 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
High income
Records
63
Source
High income | Revenue, excluding grants (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 20.80417918
1973 21.32747314
1974 22.35294702
1975 22.20240548
1976 22.27704867
1977 23.24438849
1978 23.16819643
1979 23.55974649
1980 24.45485085
1981 25.12527298
1982 25.33679919
1983 24.61823416
1984 24.48638752
1985 25.02194065
1986 25.12237646
1987 25.21352162
1988 24.82671201
1989 24.78088539
1990 23.78088552
1991 23.76637813
1992 23.44716975
1993 23.53589638
1994 24.29916322
1995 26.12015232
1996 26.40665207
1997 26.50388715
1998 26.55443261
1999 26.64616985
2000 27.27622007
2001 26.60636605
2002 25.35639008
2003 25.0592241
2004 24.97487038
2005 25.64065529
2006 26.0824848
2007 26.16112563
2008 25.7819472
2009 24.47225408
2010 25.38926729
2011 25.1715961
2012 25.62015288
2013 26.63835481
2014 26.50280952
2015 26.31059441
2016 26.11125087
2017 26.55365014
2018 25.99556125
2019 25.94775958
2020 26.15045534
2021 26.78836284
2022

High income | 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
High income
Records
63
Source