Revenue, excluding grants in Lower middle income

Lower middle income: Revenue, excluding grants was 14.2% in 2018. ▼ Falling

Latest (2018)
14.2%
Change on year
up 4.0%
Rank
31st
of 35 groups
All-time high
17.2%
in 2007
All-time low
13.7%
in 2017
Years of data
17
2002–2018

Revenue, excluding grants in Lower middle income, 2002–2018

0510152002201020182002: 14 % of GDP2003: 14.4 % of GDP2004: 14.5 % of GDP2005: 14.7 % of GDP2006: 16.5 % of GDP2007: 17.2 % of GDP2008: 16.3 % of GDP2009: 14.3 % of GDP2010: 15.9 % of GDP2011: 15.3 % of GDP2012: 15.8 % of GDP2013: 15.4 % of GDP2014: 14.6 % of GDP2015: 14.5 % of GDP2016: 13.8 % of GDP2017: 13.7 % of GDP2018: 14.2 % of GDP

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

Analysis

The most recent figure for revenue, excluding grants in Lower middle income is 14.2%, measured in 2018.

That represents a change of up 4.0% on the previous year and down 12.7% over ten years.

Over the whole period, revenue, excluding grants in Lower middle income peaked at 17.2% in 2007 and was at its lowest, 13.7%, in 2017.

That places Lower middle income 31st out of 35 groups with data for 2018, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Revenue, excluding grants in Lower middle income, year by year

Annual values for Revenue, excluding grants (% of GDP) in Lower middle income, 2002 to 2018.
Year % of GDP Change
2002 14.0%
2003 14.4% +2.3%
2004 14.5% +1.2%
2005 14.7% +1.2%
2006 16.5% +12.0%
2007 17.2% +4.6%
2008 16.3% -5.3%
2009 14.3% -12.1%
2010 15.9% +11.0%
2011 15.3% -3.9%
2012 15.8% +3.0%
2013 15.4% -2.4%
2014 14.6% -5.4%
2015 14.5% -0.3%
2016 13.8% -5.0%
2017 13.7% -0.8%
2018 14.2% +4.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.3% 14.0% 17.2% 8
2010s 14.8% 13.7% 15.9% 9

Countries ranked near Lower middle income

  1. 28 Poland 35.9% compare
  2. 29 Namibia 35.6% compare
  3. 30 Croatia 35.1% compare
  4. 31 Lithuania 35.1% compare
  5. 32 United Kingdom of Great Britain and Northern Ireland 34.8% compare
  6. 33 Bulgaria 34.4% compare
  7. 34 New Zealand 34.2% compare

See the full ranking of 192 places →

More economy & growth data for Lower middle income

All data for Lower middle income →

Frequently asked questions

What is revenue, excluding grants in Lower middle income?
Revenue, excluding grants in Lower middle income was 14.2% in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest revenue, excluding grants recorded in Lower middle income?
The highest recorded value was 17.2% in 2007.
What is the lowest revenue, excluding grants recorded in Lower middle income?
The lowest recorded value was 13.7% in 2017.
How does Lower middle income rank for revenue, excluding grants?
Lower middle income ranks 31st out of 35 groups with data for 2018.
Is revenue, excluding grants rising or falling in Lower middle income?
Over the last ten years it is down 12.7%. The long-run trend across the full record is falling.
Where does this Lower middle 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 Lower middle income. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/revenue-excluding-grants-percent-of-gdp/lower-middle-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.