28, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Western Hemisphere (Latin America and the Caribbean) › Change country
Economic Indicator: General government revenue (% of GDP) › See all Western Hemisphere indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: US Dollar
Currency Symbol: US$

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Western Hemisphere in year 2010 is 31.001 %

This makes Western Hemisphere n/a in world rankings according to General government revenue (% of GDP) in year 2010. The world's average General government revenue (% of GDP) value is 32.41 %; Western Hemisphere is 1.41 less than the average.

In the previous year, 2009, General government revenue (% of GDP) for Western Hemisphere was 29.11 % General government revenue (% of GDP) for Western Hemisphere in 2010 was or will be 6.51% more than it was or will be in 2009.

In the following or forecasted year, 2011, General government revenue (% of GDP) for Western Hemisphere was or will be 31.07 %, which is 0.24% more than the 2010 figure.