Revenue, excluding grants in Europe & Central Asia
Europe & Central Asia: Revenue, excluding grants was 34.6% in 2024. ▲ Rising
Revenue, excluding grants in Europe & Central Asia, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Europe & Central Asia recorded 34.6% for revenue, excluding grants in 2024. That is the highest value across all 53 years on record.
That represents a change of up 1.2% on the previous year and up 1.4% over ten years.
Over the whole period, revenue, excluding grants in Europe & Central Asia peaked at 34.6% in 2024 and was at its lowest, 25.5%, in 1972.
That places Europe & Central Asia 4th out of 35 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Revenue, excluding grants in Europe & Central Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 25.5% | — |
| 1973 | 25.7% | +0.7% |
| 1974 | 26.5% | +3.3% |
| 1975 | 27.0% | +1.9% |
| 1976 | 27.8% | +3.1% |
| 1977 | 28.1% | +1.0% |
| 1978 | 28.1% | +0.1% |
| 1979 | 28.2% | +0.3% |
| 1980 | 29.5% | +4.6% |
| 1981 | 30.1% | +2.0% |
| 1982 | 31.7% | +5.2% |
| 1983 | 31.1% | -1.7% |
| 1984 | 30.9% | -0.6% |
| 1985 | 32.0% | +3.4% |
| 1986 | 32.2% | +0.7% |
| 1987 | 32.1% | -0.4% |
| 1988 | 31.7% | -1.1% |
| 1989 | 31.7% | -0.1% |
| 1990 | 30.4% | -3.9% |
| 1991 | 31.7% | +4.2% |
| 1992 | 32.0% | +0.9% |
| 1993 | 31.6% | -1.2% |
| 1994 | 30.9% | -2.2% |
| 1995 | 32.9% | +6.4% |
| 1996 | 34.2% | +4.0% |
| 1997 | 34.1% | -0.3% |
| 1998 | 32.7% | -4.1% |
| 1999 | 33.8% | +3.3% |
| 2000 | 34.0% | +0.8% |
| 2001 | 33.9% | -0.5% |
| 2002 | 33.8% | -0.3% |
| 2003 | 33.3% | -1.3% |
| 2004 | 33.2% | -0.5% |
| 2005 | 34.0% | +2.4% |
| 2006 | 34.0% | +0.1% |
| 2007 | 34.3% | +1.0% |
| 2008 | 34.4% | +0.2% |
| 2009 | 33.2% | -3.6% |
| 2010 | 34.0% | +2.6% |
| 2011 | 33.7% | -0.9% |
| 2012 | 33.9% | +0.5% |
| 2013 | 34.3% | +1.2% |
| 2014 | 34.2% | -0.3% |
| 2015 | 33.7% | -1.4% |
| 2016 | 33.7% | -0.1% |
| 2017 | 33.7% | +0.2% |
| 2018 | 34.1% | +1.0% |
| 2019 | 33.9% | -0.4% |
| 2020 | 33.9% | -0.2% |
| 2021 | 34.0% | +0.5% |
| 2022 | 34.1% | +0.4% |
| 2023 | 34.2% | +0.2% |
| 2024 | 34.6% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.1% | 25.5% | 28.2% | 8 |
| 1980s | 31.3% | 29.5% | 32.2% | 10 |
| 1990s | 32.4% | 30.4% | 34.2% | 10 |
| 2000s | 33.8% | 33.2% | 34.4% | 10 |
| 2010s | 33.9% | 33.7% | 34.3% | 10 |
| 2020s | 34.2% | 33.9% | 34.6% | 5 |
Countries ranked near Europe & Central Asia
More economy & growth data for Europe & Central Asia
- General government final consumption expenditure (current US$), per 0.2059 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.22 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 18,580 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5369 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 10.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 5,268 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1522 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.58 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 7,127 current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0105 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Europe & Central Asia?
- Revenue, excluding grants in Europe & Central Asia was 34.6% 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?
- The highest recorded value was 34.6% in 2024.
- What is the lowest revenue, excluding grants recorded in Europe & Central Asia?
- The lowest recorded value was 25.5% in 1972.
- How does Europe & Central Asia rank for revenue, excluding grants?
- Europe & Central Asia ranks 4th out of 35 groups with data for 2024.
- Is revenue, excluding grants rising or falling in Europe & Central Asia?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia 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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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.