Revenue, excluding grants in Europe & Central Asia (excluding high income)

Europe & Central Asia (excluding high income): Revenue, excluding grants was 31.7% in 2024. ▲ Rising

Latest (2024)
31.7%
Change on year
up 6.3%
Rank
6th
of 35 groups
All-time high
32.6%
in 2008
All-time low
14.3%
in 1995
Years of data
21
1995–2024

Revenue, excluding grants in Europe & Central Asia (excluding high income), 1995–2024

01020301995200920241995: 14.3 % of GDP1996: 14.4 % of GDP1997: 16.3 % of GDP1998: 16.9 % of GDP2008: 32.6 % of GDP2009: 32.2 % of GDP2010: 30.7 % of GDP2011: 29.9 % of GDP2012: 29.8 % of GDP2013: 29.5 % of GDP2014: 29 % of GDP2015: 28.3 % of GDP2016: 28.2 % of GDP2017: 27.7 % of GDP2018: 28.5 % of GDP2019: 27.8 % of GDP2020: 27.3 % of GDP2021: 27 % of GDP2022: 26.5 % of GDP2023: 29.8 % of GDP2024: 31.7 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

Europe & Central Asia (excluding high income) recorded 31.7% for revenue, excluding grants in 2024.

That represents a change of up 6.3% on the previous year and up 9.4% over ten years.

Over the whole period, revenue, excluding grants in Europe & Central Asia (excluding high income) peaked at 32.6% in 2008 and was at its lowest, 14.3%, in 1995.

That places Europe & Central Asia (excluding high income) 6th out of 35 groups with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 21 years of available data.

Revenue, excluding grants in Europe & Central Asia (excluding high income), year by year

Annual values for Revenue, excluding grants (% of GDP) in Europe & Central Asia (excluding high income), 1995 to 2024.
Year % of GDP Change
1995 14.3%
1996 14.4% +0.3%
1997 16.3% +13.5%
1998 16.9% +4.0%
2008 32.6% +92.4%
2009 32.2% -1.2%
2010 30.7% -4.7%
2011 29.9% -2.5%
2012 29.8% -0.3%
2013 29.5% -1.1%
2014 29.0% -1.8%
2015 28.3% -2.4%
2016 28.2% -0.2%
2017 27.7% -1.8%
2018 28.5% +2.7%
2019 27.8% -2.3%
2020 27.3% -2.0%
2021 27.0% -0.9%
2022 26.5% -2.1%
2023 29.8% +12.7%
2024 31.7% +6.3%

Biggest year-on-year movements

Years where Revenue, excluding grants in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +92.4% 16.9% 32.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 15.5% 14.3% 16.9% 4
2000s 32.4% 32.2% 32.6% 2
2010s 29.0% 27.7% 30.7% 10
2020s 28.5% 26.5% 31.7% 5

Countries ranked near Europe & Central Asia (excluding high income)

  1. 3 East Timor 51.5% compare
  2. 4 Norway 51.5% compare
  3. 5 Austria 45.1% compare
  4. 6 Greece 44.8% compare
  5. 7 Luxembourg 44.6% compare
  6. 8 Kuwait 43.8%
  7. 9 Slovenia 43.5% compare

See the full ranking of 192 places →

More economy & growth data for Europe & Central Asia (excluding high income)

All data for Europe & Central Asia (excluding high income) →

Frequently asked questions

What is revenue, excluding grants in Europe & Central Asia (excluding high income)?
Revenue, excluding grants in Europe & Central Asia (excluding high income) was 31.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest revenue, excluding grants recorded in Europe & Central Asia (excluding high income)?
The highest recorded value was 32.6% in 2008.
What is the lowest revenue, excluding grants recorded in Europe & Central Asia (excluding high income)?
The lowest recorded value was 14.3% in 1995.
How does Europe & Central Asia (excluding high income) rank for revenue, excluding grants?
Europe & Central Asia (excluding high income) ranks 6th out of 35 groups with data for 2024.
Is revenue, excluding grants rising or falling in Europe & Central Asia (excluding high income)?
Over the last ten years it is up 9.4%. The long-run trend across the full record is rising.
Where does this Europe & Central Asia (excluding high income) data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.

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Revenue, excluding grants in Europe & Central Asia (excluding high income). Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/revenue-excluding-grants-percent-of-gdp/europe-and-central-asia-excluding-high-income/

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About this data

Indicator
Revenue, excluding grants (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 5,652 data points, 1972–2024
Last refreshed

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.