Spain - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Spain was 28.05 as of 2019. Its highest value over the past 47 years was 29.16 in 1992, while its lowest value was 17.94 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 17.94
1973 18.16
1974 18.04
1975 19.08
1976 18.85
1977 20.63
1978 21.53
1979 22.03
1980 21.97
1981 21.86
1982 22.95
1983 23.75
1984 23.54
1985 24.91
1986 26.46
1987 27.71
1988 27.47
1989 28.84
1990 27.95
1991 28.51
1992 29.16
1993 29.07
1994 28.40
2017 27.19
2018 27.93
2019 28.05

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