Government Finance Statistics show the economic activities of government, including government revenue, government expenditure, government balance and transactions in financial assets and liabilities.
T$’000 2016/17 2017/18 2018/19 2019/20 2020/21 2021/2022 Revenue 312,234 317,831 359,896 415,505 456,115 467,787 Taxes revenue 211,647 233,052 242,991 238,568 244,808 257,921 Grants revenue 68,881 52,905 89,642 136,251 179,091 186,011 Other revenue 31,706 31,873 27,263 40,686 32,215 23,856 Expense 259,530 264,793 301,319 331,035 394,524 415,387 Compensation of employees 129,596 127,443 134,501 148,677 158,657 175,136 Use of goods & services 85,955 89,221 110,667 128,816 186,556 183,185 Interest expense 8,269 8,272 8,019 8,229 4,120 6,256 Subsidies expense 808 801 859 837 813 988 Grants expense 3,216 5,150 2,936 3,865 3,928 2,640 Social benefits expense 13,641 14,530 14,704 17,182 16,610 21,313 Other expense 18,044 19,376 29,634 23,429 23,840 25,869 Transaction in assets and liabilities Net acquisition of nonfinancial assets 17,205 20,886 11,693 26,673 71,778 34,809 Net acquisition of financial assets 13,018 -25,885 20 311 -9,469 34,642 Net incurrence of liabilities 10,062 -5,187 -13,181 2,065 14,418 17,050 GOB/NOB (Revenue - Expense) 52,703 53,038 58,576 84,470 61,590 52,400 2M Expenditure (Expense + Net acquisition of nonfinancial assets) 276,735 285,679 313,012 357,708 466,303 450,196 Net Lending (+)/Net borrowing (-) (Revenue - 2M Expenditure) 35,498 32,152 46,884 57,797 -10,188 17,591 Government Finance Statistics show the economic activities of government, including government revenue, government expenditure, government balance and transactions in financial assets and liabilities. Data Source: Ministry of Finance
Contact Person: Naseem Mahometi