Grants and other revenue (% of revenue)
Countries By Grants and other revenue (% of revenue)
Key points
- Grant and other revenue (% of revenue) is a macroeconomic statistic that includes various sources of nonrepayable receipts such as grants from foreign governments, interest, dividends, and rent among others.
- Micronesia, Federated States of has the highest percentage of grant and other revenue at 80.97%, indicating a heavy reliance on external sources of income.
- On the other hand, Guatemala has the lowest percentage at 2.48%, highlighting a lower dependency on grants and other nonrepayable receipts.
- The average percentage of grant and other revenue across the listed countries is 23.54%, suggesting a significant contribution to total revenue from these sources.
- High percentages of grant and other revenue can indicate a country's need for external support, while lower percentages may imply a stronger domestic revenue generation capacity.
Official Definition of Grants and other revenue (% of revenue)
Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes (such as fines, administrative fees, and entrepreneurial income from government ownerÂship of property); and voluntary, unrequited, nonrepayable receipts other than grants.
Importance
An analysis of the "Grants and other revenue (% of revenue)" statistic indicates the level of external financial support and additional revenue sources contributing to a country's overall revenue stream.
If a country has a low value for this statistic, it may suggest a heavy reliance on domestic revenue sources and limited external financial assistance. This could indicate potential challenges in funding public services, infrastructure development, and social programs. Countries with low values may face constraints in achieving economic growth and stability without additional support.
Conversely, a country with a high value for "Grants and other revenue (% of revenue)" may benefit from significant external assistance and additional revenue streams beyond domestic sources. Such countries could have more flexibility in funding projects, reducing budget deficits, and investing in key areas such as education, healthcare, and technology. However, high dependence on external grants may also lead to concerns about sustainability and autonomy in decision-making.
Top 10 Countries by Grants and other revenue (% of revenue)
Bottom 10 Countries by Grants and other revenue (% of revenue)
Regions
Europe
Grants and other revenue as a percentage of total revenue varies significantly among the listed countries. The Russian Federation stands out with a high percentage of 47.4%, indicating a heavy reliance on external sources of revenue. This could signify vulnerability to geopolitical influences. On the other hand, Belgium and the Netherlands have low percentages, suggesting a more self-sustaining economy. Higher percentages in countries like Belarus, Ukraine, and Latvia may indicate a reliance on foreign aid for development, while lower percentages in countries like Austria and Sweden may reflect a stronger domestic revenue base. These differing levels of external revenue reliance could impact economic stability, development trajectory, and susceptibility to external pressures for each country.
Far East: East Asia, SE Asia, Australia
Australia, China, and the Philippines demonstrate lower dependency on grants and other revenues at around 12.1%, 8.1%, and 12.3% respectively, indicating a more self-sustainable revenue model. Meanwhile, countries like Malaysia, Singapore, and Mongolia rely significantly more on grants and other revenue sources with values exceeding 29%. This high dependency may provide short-term benefits in terms of financial influx, but it also implies vulnerability to external influences and economic shocks. For Indonesia and Thailand, with values around 22% and 20% respectively, there exists a moderate reliance, balancing between self-sufficiency and external support. Overall, while high grant dependency can boost immediate resource availability, it may hinder long-term economic stability and independence.
ASEAN
In analyzing the Grants and other revenue (% of revenue) statistic for the selected countries, we observe that Malaysia has the highest percentage at 31.40%, followed by Singapore at 29.47%, Indonesia at 22.02%, Thailand at 20.25%, Cambodia at 18.20%, and Philippines at 12.29%. This indicates Malaysia's significant reliance on external sources of revenue compared to the other countries. While Malaysia and Singapore benefit from higher revenue diversification, they may face challenges if these grant sources fluctuate. Conversely, countries like Cambodia and the Philippines, with lower percentages, may have more stable revenue streams but could miss out on potential developmental aid. This statistic underscores the importance of financial resilience and strategic partnerships for sustainable economic development in these nations.
Latin America
Grants and other revenue as a percentage of total revenue vary significantly among the listed countries. Colombia stands out with a high value of 36.05%, indicating a heavy reliance on foreign assistance and non-repayable receipts. Ecuador and Panama also have substantial percentages at 32.75% and 30.62% respectively. In contrast, Guatemala has a notably low value of 2.48%, suggesting a more self-sustaining revenue structure. While high percentages may provide short-term financial stability, they can make countries vulnerable to fluctuations in external aid. Lower percentages indicate greater financial independence but may hinder development initiatives that rely on external support. Each country must carefully balance its grant dependence to ensure sustainable economic growth.
Middle East
The statistic "Grants and other revenue (% of revenue)" varies significantly among the listed countries. Saudi Arabia and the United Arab Emirates stand out with very high percentages, indicating heavy reliance on external funding and other sources of revenue outside traditional tax income. Azerbaijan and Jordan also show relatively high percentages, reflecting a diverse revenue stream. On the other hand, Armenia, Israel, and Turkey have lower percentages, suggesting a greater dependency on internal revenue sources. Each country's approach has its advantages and disadvantages - high external funding can provide stability but also potential loss of autonomy, while self-reliance can foster independence but may limit growth opportunities. This statistic impacts these countries' development by shaping their fiscal policies, strategic partnerships, and overall economic resilience.
Rivals
Anglosphere v BRICS
Grant and other revenue as a percentage of total revenue varies significantly among the selected countries. The Russian Federation stands out with a high percentage of 47.40%, indicating a considerable reliance on external financial support. On the other hand, the United States has the lowest percentage at 4.71%, suggesting a greater degree of self-sustainability. Countries like Brazil, South Africa, and Australia fall in the mid-range of this statistic. While higher percentages can demonstrate financial stability from external sources, they also indicate vulnerability to economic fluctuations in those sources. Lower percentages may indicate a stronger domestic revenue base but could also suggest limited access to diversified income streams and international cooperation.
Russia v Ukraine
The Russian Federation shows a high percentage of Grants and other revenue at 47.40%, indicating a significant reliance on external sources of income. In contrast, Ukraine has a lower percentage of 19.44%, suggesting a comparatively lower dependency on foreign aid and other revenue sources. The advantage for Russia lies in the diverse funding streams which can support various public initiatives, but it may also signal a lack of self-sustainability. For Ukraine, the advantage lies in potentially greater fiscal independence but could also indicate a lack of access to external support. This statistic impacts the countries' development by shaping their budgetary flexibility and ability to fund public projects but may also reflect geopolitical influences on their financial stability.
France v United Kingdom
In terms of grants and other revenue as a percentage of total revenue, France stands at 4.28% while the United Kingdom is slightly higher at 6.20%. The United Kingdom's higher percentage could indicate a greater reliance on external aid and other sources of revenue compared to France. This could be advantageous as it diversifies the revenue sources, reducing dependency on domestic income. However, it could also suggest a potential vulnerability to fluctuations in external funding. For France, a lower percentage may indicate a more stable revenue stream but potentially less flexibility in funding new projects or initiatives. Overall, this statistic reflects the countries' financial resilience, external relationships, and strategic economic planning.
FAQs
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Which country has the most Grants and other revenue (% of revenue)?
The Micronesia, Federated States of has the highest percentage of Grants and other revenue, with a value of 80.97%.
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Which country has the least Grants and other revenue (% of revenue)?
Guatemala has the lowest percentage of Grants and other revenue, with a value of 2.48%.
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What is the average Grants and other revenue (% of revenue) among the listed countries?
The average Grants and other revenue (% of revenue) among the listed countries is 23.54%.
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How is Grants and other revenue calculated?
Grants and other revenue include grants from other foreign governments, international organizations, and other government units; interest; dividends; rent; requited, nonrepayable receipts for public purposes; and voluntary, unrequited, nonrepayable receipts other than grants.
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What factors can contribute to a higher percentage of Grants and other revenue?
Factors such as strong diplomatic relations leading to foreign aid, investments, and contributions, as well as sound economic policies that attract international support, can contribute to a higher percentage of Grants and other revenue for a country.