United Kingdom | 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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source
United Kingdom | Revenue, excluding grants (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
31.28544979 1972
29.4284551 1973
33.34089337 1974
34.41349269 1975
34.06257242 1976
33.1728729 1977
31.33709745 1978
30.94508739 1979
33.49033513 1980
33.96064441 1981
35.97522506 1982
34.74044972 1983
34.67513676 1984
35.00239999 1985
33.95911881 1986
32.60952047 1987
32.30357007 1988
31.54037337 1989
32.60968079 1990
33.01500387 1991
32.4523558 1992
30.594828 1993
31.60752339 1994
30.48124952 1995
30.21781486 1996
30.64510885 1997
31.87988795 1998
32.3303759 1999
33.01097795 2000
32.76193468 2001
31.67262445 2002
31.4299701 2003
32.51648033 2004
33.53081932 2005
33.36367675 2006
33.69905033 2007
34.36150853 2008
32.09338573 2009
38.22491394 2010
33.43367878 2011
32.79390097 2012
33.6741963 2013
32.83008879 2014
33.06132012 2015
33.58048247 2016
33.98603205 2017
33.9410232 2018
33.51559881 2019
33.7534596 2020
34.87987937 2021
2022
United Kingdom | 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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source