St. Vincent and the Grenadines - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in St. Vincent and the Grenadines was 27.24 as of 2017. Its highest value over the past 27 years was 28.34 in 2016, while its lowest value was 21.11 in 1990.

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
1990 21.11
1991 24.66
1992 23.40
1993 23.89
1994 24.50
1995 23.65
1996 24.49
1997 25.39
1998 25.19
1999 25.71
2000 24.35
2001 23.40
2002 24.51
2003 24.46
2004 23.05
2005 22.71
2006 23.80
2007 23.46
2008 26.07
2009 25.60
2010 26.30
2011 25.33
2012 25.26
2013 23.76
2014 27.24
2015 25.44
2016 28.34
2017 27.24

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