0
If Revenue is 3.9 and GDP is 103.6 how do you get revenue as a percentage of GDP?
Wiki User
∙ 9y ago
3.9/103.6*100.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is the difference between government revenue and GDP?
Tax revenue is the income that the government gains through individuals paying their taxes. Non tax revenue is any other income the government gets that is not from individuals paying their taxes.
Why is it desirable for a country to have a large GDP?
A large GDP indicates a higher revenue and increased production. Such GDP will boost or improve government expenditure and perhaps reduce taxation. Also in a well organized society or state, a large GDP can enhance economic activities resulting to growth.
How do you calculate consumption as percentage of GDP?
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
How do you calculate the surplus or deficit as a percentage of GDP?
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
Trade accounted for what percentage of the Netherlands' GDP in 2003?
For the Netherlands (GDP = $511 billion), trade value exceeded GDP, for as high as 107 percent of GDP (due to reexport).
What does total revenue minus the value of intermediate goods measures?
GDP
What is Turkey's annual revenue?
Turkey's GDP is 1.073 trillion US dollars(16th).
What is the major source of revenue in india?
It is the service sector it contributes 59% of our GDP. Nikhil tiwari
What percentage of the US federal budget is spent on sports?
Sports do not have a specific allocation in the US federal budget. Funding for sports-related programs would fall under various agencies or departments like Health and Human Services, Education, or Defense.
What is the difference between government revenue and GDP?
Tax revenue is the income that the government gains through individuals paying their taxes. Non tax revenue is any other income the government gets that is not from individuals paying their taxes.
What are the highest taxed countries in the world?
The countries with the highest tax rates are:Denmark (48.4%)Sweden (46.4%)Italy (43.5%)Belgium (43.2%)Finland (43.1%)(Percentages are total tax revenue as percentage of GDP)
What is the largest single source of the federal government revenue?
In the United States, it's Personal Income Tax.
Why is it desirable for a country to have a large GDP?
A large GDP indicates a higher revenue and increased production. Such GDP will boost or improve government expenditure and perhaps reduce taxation. Also in a well organized society or state, a large GDP can enhance economic activities resulting to growth.
What is the financial revenue of the Bahamas Resort in 2012?
60% of the GDP of the Bahamas is tourism. More than half a million tourists visited the Bahamas. A big part of the economy and fame of the Bahamas can be owed to the Atlantis resort which is world wide famous. The GDP is 7.778 billion dollars. The actual revenue of the casinos is extremely hard to determine because of inaccurate reporting and general difficulty among records in a country such as the bahamas.
How do you calculate consumption as percentage of GDP?
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
Largest porportion of federal revenues comes from?
45% of the federal revenue comes from Income tax36% comes from Payroll taxes12% comes from Corporate tax7% comes from Excise Tax4% is other sourcesNotes:In 2008 the federal government collected $2.5 trillion, an amount equal to 17.7 percent of GDP. Federal revenue has ranged from 14.4 to 20.9 percent of GDP over the past five decades, averaging 18.2 percent.Payroll taxes swelled following the creation of Medicare in 1965. Taxes for Medicare, combined with periodic increases in Social Security taxes, caused payroll tax revenue to grow from 1.6 percent of GDP in 1950 to more than 6 percent since 1990. Payroll taxes also include railroad retirement, unemployment insurance, and federal workers' pension contributions.Revenue from the corporate income tax fell from between 5 and 6 percent of GDP in the early 1950s to 2.1 percent of GDP in 2008.Excise taxes fell steadily throughout the same period, from nearly 3 percent of GDP in 1950 to 0.5 percent in recent years.The remaining sources of revenue have fluctuated less, together claiming between 0.5 and 1.0 percent of GDP since 1950 and standing near the bottom of that range in 2008.
What was the UK's government budget in 2009?
The UK's Government Budget in 2009 was also known as the Building Britian's Future Budget. The Total Revenue was 29% of the 2008 GDP. The Total Expenditures was 40% of the 2008 GDP and the Deficit was 10.5% of the 2008 GDP. You can view full details to the UK 's 2009 Government Budget online at Wikipedia.
