National Government Revenue Definition

Comparing levels of government revenues across countries provides an indication of the importance of the government sector in the economy in terms of.

National government revenue definition. Government revenue as well as government spending are components of the government budget and important tools of the government s fiscal policy. This alternative presentation to the national accounts sequence of accounts at the core of which is the harmonised definition of total revenue and total expenditure is in many ways better suited to the particular analytical requirements of fiscal analysts. Revenue definition the income of a government from taxation excise duties customs or other sources appropriated to the payment of the public expenses. Seignorage is one of the ways a government can increase revenue by deflating the value of its.

Government revenue or national revenue is money received by a government from taxes and non tax sources to enable it to undertake government expenditures.