Grenada - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in Grenada was 478,154,100 as of 2014. As the graph below shows, over the past 23 years this indicator reached a maximum value of 478,154,100 in 2014 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 403,032,800
2012 403,180,800
2013 418,984,400
2014 478,154,100

Tax revenue (% of GDP)

Tax revenue (% of GDP) in Grenada was 19.43 as of 2014. Its highest value over the past 23 years was 19.67 in 2007, while its lowest value was 17.28 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 18.51
1992 17.57
1993 19.00
1994 17.98
1995 18.64
1999 17.83
2000 18.88
2001 18.12
2002 17.99
2003 18.69
2004 17.28
2005 18.32
2006 19.08
2007 19.67
2008 19.45
2009 18.24
2010 18.73
2011 19.17
2012 18.67
2013 18.42
2014 19.43

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance