Revenue, excluding grants (% of GDP) by country
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
What the numbers show
Revenue, excluding grants (% of GDP) is currently reported for 157 countries. The highest value is 115.5% in Nauru; the lowest is 3.0% in United Arab Emirates.
The median across all reporting countries is 25.4%, and the mean is 26.1%.
The gap between the highest and lowest reporting country is a factor of about 38.
Over the past decade 90 countries rose and 65 fell. The largest increase was in Micronesia (country) (up 139.6%), and the largest decrease in East Timor (down 84.8%).
Revenue, excluding grants: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Nauru | 115.5% | 2024 | up 35.5% | rising |
| 2 | Kiribati | 80.2% | 2023 | up 13.6% | rising |
| 3 | East Timor | 51.5% | 2022 | down 84.8% | volatile |
| 4 | Norway | 51.5% | 2024 | up 15.3% | rising |
| 5 | Austria | 45.1% | 2024 | down 0.5% | rising |
| 6 | Greece | 44.8% | 2024 | up 3.6% | rising |
| 7 | Luxembourg | 44.6% | 2024 | up 12.3% | rising |
| 8 | Kuwait | 43.8% | 1998 | down 52.0% | falling |
| 9 | Slovenia | 43.5% | 2024 | down 0.5% | rising |
| 10 | France | 42.1% | 2024 | down 6.3% | rising |
| 11 | Lesotho | 42.0% | 2024 | down 0.0% | rising |
| 12 | Finland | 41.8% | 2024 | up 10.7% | rising |
| 13 | San Marino | 41.2% | 2023 | down 1.2% | rising |
| 14 | Italy | 40.1% | 2024 | up 0.5% | rising |
| 15 | Cyprus | 39.9% | 2024 | down 3.9% | rising |
| 16 | Netherlands | 39.4% | 2024 | down 0.9% | falling |
| 17 | Slovakia | 39.3% | 2024 | up 9.2% | flat |
| 18 | Azerbaijan | 38.9% | 2024 | down 2.5% | rising |
| 19 | Serbia | 38.6% | 2022 | up 22.5% | rising |
| 20 | Iraq | 38.6% | 2019 | down 1.4% | rising |
| 21 | Estonia | 38.3% | 2024 | up 10.6% | rising |
| 22 | Denmark | 38.3% | 2024 | down 8.6% | rising |
| 23 | Hungary | 37.9% | 2024 | down 5.2% | falling |
| 24 | Belgium | 37.9% | 2024 | down 10.6% | falling |
| 25 | Bosnia and Herzegovina | 37.6% | 2024 | down 4.5% | flat |
| 26 | Portugal | 37.4% | 2024 | down 2.6% | rising |
| 27 | Czechia | 36.5% | 2024 | up 3.1% | rising |
| 28 | Poland | 35.9% | 2023 | up 10.6% | falling |
| 29 | Namibia | 35.6% | 2024 | down 3.8% | rising |
| 30 | Croatia | 35.1% | 2023 | down 0.4% | falling |
| 31 | Lithuania | 35.1% | 2024 | up 18.6% | rising |
| 32 | United Kingdom | 34.8% | 2024 | up 6.6% | flat |
| 33 | Bulgaria | 34.4% | 2024 | up 3.2% | flat |
| 34 | New Zealand | 34.2% | 2024 | up 4.9% | flat |
| 35 | Latvia | 33.9% | 2024 | up 16.9% | rising |
| 36 | Ukraine | 33.7% | 2024 | down 0.1% | rising |
| 37 | Malta | 33.2% | 2024 | down 11.5% | falling |
| 38 | Sweden | 33.0% | 2024 | up 1.0% | rising |
| 39 | Macao | 31.8% | 2024 | down 14.6% | rising |
| 40 | Mongolia | 31.6% | 2024 | up 25.7% | rising |
| 41 | Turkey | 31.5% | 2024 | up 3.8% | rising |
| 42 | Israel | 31.5% | 2024 | down 0.4% | falling |
| 43 | Iceland | 31.4% | 2023 | down 5.8% | rising |
| 44 | Marshall Islands | 31.3% | 2020 | up 53.4% | rising |
| 45 | Ecuador | 31.0% | 2022 | up 1.3% | flat |
| 46 | North Macedonia | 30.9% | 2024 | up 18.7% | falling |
| 47 | Samoa | 30.7% | 2023 | up 9.9% | rising |
| 48 | Romania | 30.7% | 2024 | up 0.6% | falling |
| 49 | Uruguay | 30.6% | 2024 | up 6.6% | rising |
| 50 | Kyrgyzstan | 30.4% | 2024 | up 3.3% | flat |
| 51 | Tunisia | 29.9% | 2012 | up 9.9% | falling |
| 52 | Andorra | 29.8% | 2024 | up 6.7% | flat |
| 53 | Micronesia (country) | 29.7% | 2020 | up 139.6% | rising |
| 54 | Spain | 29.7% | 2024 | up 4.8% | rising |
| 55 | Seychelles | 29.5% | 2008 | down 24.6% | falling |
| 56 | Moldova | 29.4% | 2023 | up 17.1% | flat |
| 57 | South Africa | 29.4% | 2024 | up 1.8% | rising |
| 58 | Germany | 29.4% | 2024 | up 1.5% | rising |
| 59 | Georgia | 28.7% | 2024 | up 12.8% | rising |
| 60 | Saint Kitts and Nevis | 28.5% | 2020 | up 17.8% | rising |
| 61 | Belarus | 28.1% | 2024 | up 0.8% | falling |
| 62 | Botswana | 28.1% | 2023 | down 30.7% | falling |
| 63 | Russia | 27.8% | 2024 | up 2.5% | rising |
| 64 | Costa Rica | 27.4% | 2024 | up 18.8% | rising |
| 65 | El Salvador | 27.3% | 2024 | up 32.4% | rising |
| 66 | Jamaica | 26.9% | 2020 | down 1.7% | flat |
| 67 | Saudi Arabia | 26.8% | 2024 | down 24.0% | falling |
| 68 | Fiji | 26.6% | 2024 | up 2.4% | falling |
| 69 | Equatorial Guinea | 26.4% | 2022 | down 5.4% | falling |
| 70 | Brazil | 26.4% | 2024 | up 10.0% | flat |
| 71 | Morocco | 26.2% | 2023 | up 4.3% | rising |
| 72 | Australia | 26.1% | 2022 | up 11.9% | rising |
| 73 | Albania | 26.1% | 2024 | up 7.0% | rising |
| 74 | Colombia | 25.8% | 2024 | up 10.2% | rising |
| 75 | South Korea | 25.8% | 2024 | up 8.1% | rising |
| 76 | Ireland | 25.7% | 2024 | down 18.9% | falling |
| 77 | Saint Vincent and the Grenadines | 25.6% | 2017 | up 13.6% | rising |
| 78 | Solomon Islands | 25.4% | 2024 | down 13.0% | falling |
| 79 | Iran | 25.4% | 2009 | up 12.8% | falling |
| 80 | Barbados | 25.2% | 2016 | down 4.3% | falling |
| 81 | Eswatini | 25.1% | 2021 | up 43.6% | rising |
| 82 | Maldives | 24.8% | 2021 | up 16.2% | rising |
| 83 | Mauritius | 24.7% | 2024 | up 11.3% | rising |
| 84 | Mozambique | 24.5% | 2024 | down 9.9% | rising |
| 85 | Trinidad and Tobago | 24.3% | 2019 | down 29.2% | falling |
| 86 | Palau | 24.2% | 2020 | up 23.7% | rising |
| 87 | Senegal | 24.2% | 2023 | up 25.9% | rising |
| 88 | Vanuatu | 24.2% | 2023 | up 35.2% | rising |
| 89 | Armenia | 24.1% | 2024 | down 1.5% | rising |
| 90 | Belize | 23.8% | 2017 | up 22.0% | rising |
| 91 | Zambia | 23.4% | 2024 | up 32.0% | rising |
| 92 | Bolivia | 23.3% | 2007 | up 37.0% | rising |
| 93 | Tonga | 22.6% | 2023 | up 17.1% | rising |
| 94 | Honduras | 22.2% | 2020 | up 8.1% | rising |
| 95 | Chile | 21.9% | 2024 | up 5.8% | falling |
| 96 | Cape Verde | 21.6% | 2020 | up 18.0% | flat |
| 97 | Nicaragua | 21.5% | 2024 | up 30.9% | rising |
| 98 | Burkina Faso | 21.2% | 2024 | up 37.3% | rising |
| 99 | Jordan | 21.2% | 2023 | up 11.1% | falling |
| 100 | Egypt | 21.0% | 2015 | down 13.6% | falling |
| 101 | Peru | 20.7% | 2021 | down 0.6% | rising |
| 102 | Thailand | 20.2% | 2024 | down 0.7% | rising |
| 103 | Congo | 20.1% | 2021 | down 48.3% | falling |
| 104 | Bhutan | 20.0% | 2020 | up 0.5% | rising |
| 105 | Canada | 19.9% | 2024 | up 17.4% | falling |
| 106 | Mexico | 19.4% | 2024 | up 9.9% | rising |
| 107 | Saint Lucia | 19.4% | 2017 | down 0.5% | rising |
| 108 | Bahamas | 19.4% | 2024 | up 46.9% | rising |
| 109 | Uzbekistan | 19.4% | 2023 | up 0.8% | falling |
| 110 | Tajikistan | 18.7% | 2024 | — | rising |
| 111 | Rwanda | 18.7% | 2023 | up 1.0% | rising |
| 112 | Paraguay | 18.7% | 2024 | up 11.7% | rising |
| 113 | Kenya | 18.6% | 2023 | down 4.7% | falling |
| 114 | Angola | 18.2% | 2024 | down 33.4% | falling |
| 115 | United States | 17.8% | 2024 | down 5.7% | flat |
| 116 | Singapore | 17.7% | 2024 | down 1.6% | falling |
| 117 | Dominican Republic | 17.5% | 2024 | up 16.0% | rising |
| 118 | Switzerland | 17.0% | 2024 | up 1.5% | rising |
| 119 | Argentina | 16.9% | 2024 | down 24.5% | rising |
| 120 | Malaysia | 16.8% | 2024 | down 15.7% | falling |
| 121 | Philippines | 16.7% | 2024 | up 15.6% | flat |
| 122 | Papua New Guinea | 16.6% | 2024 | down 14.1% | falling |
| 123 | Kazakhstan | 16.5% | 2023 | down 19.5% | rising |
| 124 | Nepal | 16.5% | 2023 | up 9.0% | rising |
| 125 | Malawi | 15.9% | 2024 | up 35.0% | rising |
| 126 | Togo | 15.7% | 2023 | up 14.7% | rising |
| 127 | Bahrain | 15.5% | 2020 | down 27.5% | falling |
| 128 | Gabon | 15.1% | 2021 | down 49.3% | falling |
| 129 | Indonesia | 15.1% | 2009 | down 16.3% | falling |
| 130 | Ghana | 15.0% | 2023 | up 5.6% | falling |
| 131 | China | 14.9% | 2024 | down 3.8% | rising |
| 132 | Niger | 14.6% | 1980 | — | rising |
| 133 | Tanzania | 14.5% | 2024 | up 18.3% | rising |
| 134 | Myanmar | 14.4% | 2019 | down 27.0% | rising |
| 135 | Burundi | 14.2% | 2021 | down 14.9% | falling |
| 136 | Uganda | 14.0% | 2024 | up 21.3% | rising |
| 137 | Laos | 13.9% | 2022 | down 8.6% | rising |
| 138 | Cambodia | 13.8% | 2023 | up 30.2% | rising |
| 139 | Cameroon | 13.7% | 2021 | down 13.4% | rising |
| 140 | Lebanon | 13.5% | 2024 | down 32.5% | falling |
| 141 | Cote d'Ivoire | 13.4% | 2023 | up 14.1% | falling |
| 142 | Democratic Republic of Congo | 13.2% | 2022 | up 8.1% | rising |
| 143 | Afghanistan | 13.0% | 2017 | up 86.0% | rising |
| 144 | Guatemala | 12.8% | 2024 | up 4.1% | rising |
| 145 | Mali | 12.7% | 2020 | down 1.2% | rising |
| 146 | Madagascar | 12.2% | 2024 | up 31.5% | rising |
| 147 | Sri Lanka | 11.1% | 2023 | down 3.3% | falling |
| 148 | Panama | 10.7% | 2024 | down 19.2% | falling |
| 149 | Guinea-Bissau | 10.2% | 2024 | down 11.9% | falling |
| 150 | Bangladesh | 9.5% | 2021 | down 8.8% | flat |
| 151 | India | 9.4% | 2022 | down 25.6% | rising |
| 152 | Central African Republic | 9.2% | 2021 | up 6.7% | flat |
| 153 | Sudan | 8.8% | 2016 | down 38.8% | volatile |
| 154 | Zimbabwe | 8.1% | 2018 | down 16.9% | falling |
| 155 | Ethiopia | 4.1% | 2024 | down 58.2% | falling |
| 156 | Somalia | 3.1% | 2024 | up 64.9% | rising |
| 157 | United Arab Emirates | 3.0% | 2024 | up 6.2% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Euro area 36.1%
- Central Europe and the Baltics 35.4%
- European Union 36.0%
- Europe & Central Asia 34.6%
- Other small states 33.9%
- Europe & Central Asia (excluding high income) 31.7%
- Small states 30.5%
- Europe & Central Asia (IDA & IBRD countries) 29.6%
- Pacific island small states 28.6%
- Post-demographic dividend 26.3%
- OECD members 26.3%
- High income 26.2%
- Caribbean Small States 25.0%
- World 23.9%
- Latin America & Caribbean (excluding high income) 22.9%
- Latin America & the Caribbean (IDA & IBRD countries) 22.8%
- Latin America & Caribbean 22.8%
- Africa Eastern and Southern 22.6%
- IBRD only 19.5%
- IDA & IBRD total 19.5%
- Early-demographic dividend 19.0%
- Late-demographic dividend 18.6%
- Middle income 18.5%
- Upper middle income 18.5%
- Low & middle income 18.5%
- North America 18.0%
- East Asia & Pacific 17.6%
- East Asia & Pacific (IDA & IBRD countries) 15.2%
- East Asia & Pacific (excluding high income) 15.2%
- Least developed countries 14.9%
- Lower middle income 14.2%
- Heavily indebted poor countries (HIPC) 13.7%
- IDA only 12.8%
- South Asia 9.3%
- South Asia (IDA & IBRD) 9.3%
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.