Showing posts with label Government Revenues. Show all posts
Showing posts with label Government Revenues. Show all posts

Friday, September 16, 2011

Government Revenues and Expenditures

 Note to Self: IMF DataMapper users the following definitions for public revenues and expenditures.


General government revenue (National currency)
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 nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National currency)
Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

What's the quickest way to find public finance data on the web?

So whats the quickest way to find International Public Finance data on the web? Is it
A- Wolfram Alpha
B- World Development Indicators
C- IMF Data Mapper

Homework: Try finding the latest estimates of Bhutan's government revenues estimates?