Government revenue in Southern Europe in 2023 — 35.77%. Since 2007, the indicator has risen by 0.63 pp.
2007–2023 · % of GDP
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | % | Change, pp |
|---|---|---|
| 2023 | 35.77 | −0.56 pp |
| 2022 | 36.33 | −0.39 pp |
| 2021 | 36.72 | +0.12 pp |
| 2020 | 36.6 | +0.78 pp |
| 2019 | 35.82 | +0.32 pp |
| 2018 | 35.5 | +0.14 pp |
| 2017 | 35.37 | −0.34 pp |
| 2016 | 35.71 | −0.08 pp |
| 2015 | 35.79 | −0.32 pp |
| 2014 | 36.11 | −0.03 pp |
| 2013 | 36.15 | +1.03 pp |
| 2012 | 35.12 | +0.93 pp |
| 2011 | 34.19 | −0.05 pp |
| 2010 | 34.24 | +0.68 pp |
| 2009 | 33.56 | −0.51 pp |
| 2008 | 34.07 | −1.06 pp |
| 2007 | 35.14 | — |
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.