Revenue, excluding grants in European Union
European Union: Revenue, excluding grants was 36.0% in 2024. ▲ Rising
Revenue, excluding grants in European Union, 1973–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, revenue, excluding grants in European Union stood at 36.0%.
Compared with earlier readings it is up 1.8% on the previous year and down 0.9% over ten years.
Over the whole period, revenue, excluding grants in European Union peaked at 37.1% in 1996 and was at its lowest, 26.0%, in 1973.
European Union ranks 2nd of 35 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 52 years of available data.
Revenue, excluding grants in European Union, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 26.0% | — |
| 1974 | 26.4% | +1.5% |
| 1975 | 26.6% | +0.9% |
| 1976 | 27.7% | +3.9% |
| 1977 | 28.3% | +2.0% |
| 1978 | 28.6% | +1.2% |
| 1979 | 28.8% | +0.8% |
| 1980 | 30.0% | +3.9% |
| 1981 | 30.6% | +2.2% |
| 1982 | 31.4% | +2.5% |
| 1983 | 31.9% | +1.7% |
| 1984 | 32.0% | +0.2% |
| 1985 | 32.3% | +1.2% |
| 1986 | 32.8% | +1.4% |
| 1987 | 33.0% | +0.6% |
| 1988 | 32.6% | -1.1% |
| 1989 | 32.7% | +0.4% |
| 1990 | 31.9% | -2.5% |
| 1991 | 33.7% | +5.5% |
| 1992 | 34.1% | +1.3% |
| 1993 | 33.8% | -0.8% |
| 1994 | 33.8% | -0.0% |
| 1995 | 36.7% | +8.6% |
| 1996 | 37.1% | +1.0% |
| 1997 | 36.9% | -0.4% |
| 1998 | 36.3% | -1.6% |
| 1999 | 36.7% | +1.0% |
| 2000 | 36.2% | -1.4% |
| 2001 | 35.8% | -1.2% |
| 2002 | 35.2% | -1.4% |
| 2003 | 35.2% | -0.2% |
| 2004 | 34.8% | -1.2% |
| 2005 | 34.9% | +0.5% |
| 2006 | 35.1% | +0.5% |
| 2007 | 35.3% | +0.4% |
| 2008 | 35.0% | -0.6% |
| 2009 | 34.8% | -0.8% |
| 2010 | 35.0% | +0.6% |
| 2011 | 35.1% | +0.4% |
| 2012 | 35.7% | +1.7% |
| 2013 | 36.3% | +1.7% |
| 2014 | 36.3% | +0.1% |
| 2015 | 36.0% | -1.0% |
| 2016 | 35.9% | -0.3% |
| 2017 | 35.9% | +0.2% |
| 2018 | 36.0% | +0.2% |
| 2019 | 35.9% | -0.3% |
| 2020 | 35.9% | -0.0% |
| 2021 | 35.9% | +0.2% |
| 2022 | 35.7% | -0.7% |
| 2023 | 35.4% | -0.9% |
| 2024 | 36.0% | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.5% | 26.0% | 28.8% | 7 |
| 1980s | 31.9% | 30.0% | 33.0% | 10 |
| 1990s | 35.1% | 31.9% | 37.1% | 10 |
| 2000s | 35.2% | 34.8% | 36.2% | 10 |
| 2010s | 35.8% | 35.0% | 36.3% | 10 |
| 2020s | 35.8% | 35.4% | 36.0% | 5 |
Countries ranked near European Union
More economy & growth data for European Union
- Exports of goods and services (current US$), per capita 23,360 current US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 9.67 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per capita 18,514 constant 2015 US$ per person (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3932 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 164.14 BoP, current US$ per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 2.34 % change on previous year (2025)
- General government final consumption expenditure (current US$) 9.74 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 33,955 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 7.29 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0035 BoP, current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in European Union?
- Revenue, excluding grants in European Union was 36.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in European Union?
- The highest recorded value was 37.1% in 1996.
- What is the lowest revenue, excluding grants recorded in European Union?
- The lowest recorded value was 26.0% in 1973.
- How does European Union rank for revenue, excluding grants?
- European Union ranks 2nd out of 35 groups with data for 2024.
- Is revenue, excluding grants rising or falling in European Union?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this European Union 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.