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Low & middle income Revenue, excluding grants (% of GDP) 2026: Interactive Chart & Historical Data

Revenue, excluding grants (% of GDP) in Low & middle income stood at 18.51% in 2024, according to World Bank. The latest value is down 0.03 percentage points from 18.54% in 2023. Ten years earlier, in 2014, the value was 18.16% (up 0.36 percentage points since). The highest value since 2005 was 18.86% in 2019, the lowest 12.6% in 2005.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Revenue, excluding grants (% of GDP)?

Revenue, excluding grants (% of GDP), measured in %, measures the total economic output of Low & middle income. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Low & middle income, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Revenue, excluding grants (% of GDP) in Low & middle income?

Revenue, excluding grants (% of GDP) in Low & middle income stood at 18.51% in 2024, according to World Bank.

Is Revenue, excluding grants (% of GDP) in Low & middle income rising or falling?

The latest value is down 0.03 percentage points from 18.54% in 2023. Ten years earlier, in 2014, the value was 18.16% (up 0.36 percentage points since).

What is the highest Revenue, excluding grants (% of GDP) on record in Low & middle income?

The highest value since 2005 was 18.86% in 2019, the lowest 12.6% in 2005.

Metadata for Revenue, excluding grants (% of GDP) in Low & middle income
IndicatorRevenue, excluding grants (% of GDP)
CountryLow & middle income
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.REV.XGRT.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Revenue, excluding grants (% of GDP) — Low & middle income [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LMY. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS

MLA

World Bank. "Revenue, excluding grants (% of GDP) — Low & middle income." EconDash, 2026, https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LMY. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

Chicago

World Bank. 2026. "Revenue, excluding grants (% of GDP) — Low & middle income." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LMY. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_rev_xgrt_gd_zs_lmy,
  author = {{World Bank}},
  title = {{Revenue, excluding grants (\% of GDP) --- Low \& middle income}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-rev-xgrt-gd-zs/LMY},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.REV.XGRT.GD.ZS}
}