Revenue, excluding grants (% of GDP) - Country Ranking - Europe

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Norway 47.58 2019
2 Greece 46.85 2019
3 Austria 44.00 2019
4 France 43.25 2019
5 Luxembourg 42.12 2019
6 San Marino 41.65 2019
7 Serbia 41.08 2019
8 Latvia 40.11 2019
9 Italy 40.09 2019
10 Denmark 40.01 2019
11 Croatia 39.33 2019
12 Netherlands 39.28 2019
13 Cyprus 38.98 2019
14 Slovak Republic 38.92 2019
15 Slovenia 38.84 2019
16 Bosnia and Herzegovina 38.08 2019
17 Belgium 37.72 2019
18 Hungary 37.60 2019
19 Portugal 37.24 2019
20 Finland 36.67 2019
21 Malta 36.60 2019
22 Bulgaria 36.04 2019
23 Estonia 35.70 2019
24 United Kingdom 34.75 2019
25 Poland 34.43 2019
26 Sweden 32.73 2019
27 Czech Republic 31.95 2019
28 Ukraine 31.87 2019
29 Lithuania 31.81 2019
30 Turkey 30.38 2020
31 Iceland 30.21 2019
32 Romania 29.73 2019
33 Belarus 29.60 2019
34 Germany 29.15 2019
35 North Macedonia 28.33 2019
36 Spain 28.05 2019
37 Moldova 27.10 2019
38 Albania 25.14 2019
39 Ireland 23.74 2019
40 Switzerland 17.65 2019

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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