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