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
1973 25.96183662
1974 26.35567814
1975 26.60367419
1976 27.64171043
1977 28.21604407
1978 28.55576676
1979 28.7931423
1980 29.91156389
1981 30.34496071
1982 31.12024892
1983 31.62770548
1984 31.68609548
1985 32.09518347
1986 32.5275184
1987 32.74286782
1988 32.35893635
1989 32.51191556
1990 31.70155606
1991 33.74300762
1992 34.1580487
1993 33.92035
1994 33.9225736
1995 37.20589985
1996 37.65114909
1997 37.56437824
1998 36.82098058
1999 37.14435396
2000 36.56556066
2001 36.06595321
2002 35.60576681
2003 35.5841688
2004 35.09873538
2005 35.28116229
2006 35.51266808
2007 35.56854678
2008 35.61866515
2009 35.51014559
2010 35.60540134
2011 35.78356502
2012 35.50092048
2013 36.09868822
2014 36.09380245
2015 35.74665729
2016 35.62911874
2017 35.64811407
2018 35.77515386
2019 35.73600208
2020 35.77421851
2021 35.92189676
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