Revenue, excluding grants in Small states

Small states: Revenue, excluding grants was 30.5% in 2019. ▲ Rising

Latest (2019)
30.5%
Change on year
down 2.6%
Rank
7th
of 35 groups
All-time high
35.4%
in 2012
All-time low
27.2%
in 2002
Years of data
19
2001–2019

Revenue, excluding grants in Small states, 2001–2019

0102030402001201020192001: 27.3 % of GDP2002: 27.2 % of GDP2003: 27.7 % of GDP2004: 28.1 % of GDP2005: 29.9 % of GDP2006: 31.3 % of GDP2007: 30.6 % of GDP2008: 31.5 % of GDP2009: 31.2 % of GDP2010: 33.9 % of GDP2011: 34.4 % of GDP2012: 35.4 % of GDP2013: 34 % of GDP2014: 33.5 % of GDP2015: 31.7 % of GDP2016: 32.4 % of GDP2017: 30.9 % of GDP2018: 31.3 % of GDP2019: 30.5 % 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 Small states is 30.5%, measured in 2019.

The figure is down 2.6% on the previous year and down 2.4% over ten years.

Over the whole period, revenue, excluding grants in Small states peaked at 35.4% in 2012 and was at its lowest, 27.2%, in 2002.

That places Small states 7th out of 35 groups with data for 2019, putting it in the top quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Revenue, excluding grants in Small states, year by year

Annual values for Revenue, excluding grants (% of GDP) in Small states, 2001 to 2019.
Year % of GDP Change
2001 27.3%
2002 27.2% -0.3%
2003 27.7% +1.8%
2004 28.1% +1.3%
2005 29.9% +6.5%
2006 31.3% +4.5%
2007 30.6% -2.2%
2008 31.5% +2.9%
2009 31.2% -0.9%
2010 33.9% +8.7%
2011 34.4% +1.5%
2012 35.4% +2.8%
2013 34.0% -4.0%
2014 33.5% -1.5%
2015 31.7% -5.1%
2016 32.4% +2.2%
2017 30.9% -4.8%
2018 31.3% +1.4%
2019 30.5% -2.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.4% 27.2% 31.5% 9
2010s 32.8% 30.5% 35.4% 10

Countries ranked near Small states

  1. 4 Norway 51.5% compare
  2. 5 Austria 45.1% compare
  3. 6 Greece 44.8% compare
  4. 7 Luxembourg 44.6% compare
  5. 8 Kuwait 43.8%
  6. 9 Slovenia 43.5% compare
  7. 10 France 42.1% compare

See the full ranking of 192 places →

More economy & growth data for Small states

All data for Small states →

Frequently asked questions

What is revenue, excluding grants in Small states?
Revenue, excluding grants in Small states was 30.5% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest revenue, excluding grants recorded in Small states?
The highest recorded value was 35.4% in 2012.
What is the lowest revenue, excluding grants recorded in Small states?
The lowest recorded value was 27.2% in 2002.
How does Small states rank for revenue, excluding grants?
Small states ranks 7th out of 35 groups with data for 2019.
Is revenue, excluding grants rising or falling in Small states?
Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
Where does this Small states 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.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Revenue, excluding grants in Small states. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/revenue-excluding-grants-percent-of-gdp/small-states/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/revenue-excluding-grants-percent-of-gdp/small-states/">Revenue, excluding grants in Small states</a> — Statizoid

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.