European Union General government revenue (% of GDP) Statistics

20, Nov 2019, EST.

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Country or Region: European Union › Change country
Economic Indicator: General government revenue (% of GDP) › See all European Union indicators, › See General government revenue (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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) Statistics for European Union , Year 2015 - In Detail

General government revenue (% of GDP) for European Union in year 2015 is 44.315 %. 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.

This makes European Union n/a in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; European Union is 14.09 more than the average.

In the previous year, 2014, General government revenue (% of GDP) for European Union was 44.72 % General government revenue (% of GDP) for European Union in 2015 was or will be 0.91% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for European Union was or will be 44.26 %, which is 0.12% less than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for European Union, in other Years
Year %
  2021 43.98
  2020 44.006
  2019 44.047
  2018 44.035
  2017 44.074
  2016 44.26
2015 44.315
  2014 44.722
  2013 44.808
  2012 44.332
  2011 43.551
  2010 43.039
  2009 43.067
  2008 43.332
  2007 43.365
  2006 43.332
  2005 42.919
  2004 42.612
  2003 42.821
  2002 42.791
  2001 43.434
  2000 44.059
  1999 44.735
  1998 44.288
  1997 44.502
  1996 44.759
  1995 44.367
  1994 44.59
  1993 44.757
  1992 44.467
  1991 43.834
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a