High income - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in High income was 26.10 as of 2019. Its highest value over the past 47 years was 27.32 in 2000, while its lowest value was 20.80 in 1972.

Definition: 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.

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

See also:

Year Value
1972 20.80
1973 21.33
1974 22.35
1975 22.20
1976 22.28
1977 23.24
1978 23.17
1979 23.56
1980 24.45
1981 25.04
1982 25.29
1983 24.59
1984 24.43
1985 24.93
1986 25.02
1987 25.10
1988 24.74
1989 24.66
1990 23.73
1991 23.76
1992 23.44
1993 23.54
1994 24.27
1995 26.13
1996 26.44
1997 26.54
1998 26.58
1999 26.68
2000 27.32
2001 26.67
2002 25.42
2003 25.13
2004 25.05
2005 25.73
2006 26.16
2007 26.24
2008 25.89
2009 24.58
2010 25.14
2011 25.28
2012 25.71
2013 26.70
2014 26.54
2015 26.34
2016 26.16
2017 26.72
2018 26.07
2019 26.10

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance