United Kingdom (UK, Great Britain or the British Isles) General government revenue (National Currency) Statistics

07, Dec 2019, EST.

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Country or Region: United Kingdom (UK, Great Britain or the British Isles) › Change country
Economic Indicator: General government revenue (National Currency) › See all United Kingdom indicators, › See General government revenue (National Currency) 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: United Kingdom Pound (Sterling)
Currency Symbol: GBP

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. Source: National Statistics Office Latest actual data: 2014 Fiscal assumptions: Fiscal projections are based on the U.K.?s 2016 Budget, published in March 2016. However, on the revenue side, the authorities? projections are adjusted for differences between IMF staff forecasts of macroeconomic variables (such as GDP growth) and the forecasts of these variables assumed in the authorities? fiscal projections. IMF staff data exclude public sector banks and the effect of transferring assets from the Royal Mail Pension Plan to the public sector in April 2012. Real government consumption and investment are part of the real GDP path, which, according to the IMF staff, may or may not be the same as projected by the U.K. Office for Budget Responsibility. Start/end months of reporting year: January/D

General government revenue (National Currency) Statistics for United Kingdom (UK, Great Britain or the British Isles), Year 2015 - In Detail

General government revenue (National Currency) for United Kingdom is GBP 666.254 Billions. 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.

In the previous year, 2014, General government revenue (National Currency) for United Kingdom was GBP 643.08 Billions General government revenue (National Currency) for United Kingdom in 2015 was or will be 3.60% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (National Currency) for United Kingdom was or will be GBP 702.04 Billions, which is 5.37% more than the 2015 figure.

* Source: IMF
General government revenue (National Currency) for United Kingdom, in other Years
Year Billions
  2021 874.485
  2020 839.792
  2019 806.513
  2018 767.073
  2017 734.388
  2016 702.039
2015 666.254
  2014 643.081
  2013 631.722
  2012 602.647
  2011 586.088
  2010 555.756
  2009 522.195
  2008 563.694
  2007 541.427
  2006 516.947
  2005 480.252
  2004 450.031
  2003 420.108
  2002 397.352
  2001 394.365
  2000 379.444
  1999 355.253
  1998 335.604
  1997 309.156
  1996 288.477
  1995 274.958
  1994 254.769
  1993 237.421
  1992 234.499
  1991 232.205
  1990 223.299
  1989 209.385
  1988 191.333
  1987 172.465
  1986 160.562
  1985 153.219
  1984 140.445
  1983 131.123
  1982 123.55
  1981 109.403
  1980 94.302