General government revenue in % of GDP

(%)

Nauru is the top country by general government revenue (% of GDP) in the world. As of 2021, general government revenue (% of GDP) in Nauru was 179.2 %. The top 5 countries also includes Kiribati, Tuvalu, Micronesia (Federated States of), and Marshall Islands.

The description is composed by our digital data assistant.
What is general government revenue (% of GDP)?

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.