Grenada - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Grenada was 403,030,000 as of 2011. As the graph below shows, over the past 20 years this indicator reached a maximum value of 433,776,300 in 2008 and a minimum value of 147,120,000 in 1992.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1991 150,320,000
1992 147,120,000
1993 158,940,000
1994 157,870,000
1995 172,200,000
1999 232,000,000
2000 265,130,000
2001 254,570,000
2002 262,410,000
2003 298,300,000
2004 279,505,400
2005 343,886,000
2006 359,983,700
2007 402,829,800
2008 433,776,300
2009 379,936,700
2010 389,893,100
2011 403,030,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Grenada was 18.29 as of 2011. Its highest value over the past 20 years was 23.52 in 1993, while its lowest value was 17.25 in 2004.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1991 23.05
1992 21.72
1993 23.52
1994 22.34
1995 23.08
1999 22.63
2000 18.77
2001 18.02
2002 17.85
2003 18.53
2004 17.25
2005 18.18
2006 18.92
2007 19.53
2008 19.30
2009 18.15
2010 18.43
2011 18.29

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance