Finland - Revenue, excluding grants (% of GDP)

Revenue, excluding grants (% of GDP) in Finland was 36.67 as of 2019. Its highest value over the past 47 years was 40.37 in 1996, while its lowest value was 24.89 in 1974.

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
1972 25.12
1973 25.81
1974 24.89
1975 26.36
1976 29.12
1977 28.79
1978 26.91
1979 25.93
1980 25.98
1981 27.16
1982 27.00
1983 27.06
1984 27.40
1985 28.45
1986 29.77
1987 28.36
1988 29.52
1989 29.73
1990 29.62
1991 29.82
1992 30.94
1993 31.39
1994 31.18
1995 39.94
1996 40.37
1997 39.59
1998 39.24
1999 38.14
2000 40.10
2001 37.97
2002 38.26
2003 37.63
2004 37.43
2005 37.60
2006 37.77
2007 37.41
2008 37.38
2009 35.77
2010 35.26
2011 36.73
2012 37.19
2013 37.54
2014 37.53
2015 37.37
2016 37.63
2017 36.71
2018 36.70
2019 36.67

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