Central Government Revenue 2008/2009 to 2023/2024
| Classification | 2008/09 | 2009/10 | 2010/11 | 2 11/12 | 2012/13 | 2013/14 | 2014/15 | 2015/16 | 2016/17 | 2017/18 | 2018/19 | 2019/20 | 2020/21 | 2021/22 | 2022/23 | 2023/24 YEO |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue & Grants | 829.02 | 826.79 | 874.50 | 915.08 | 881.65 | 922.60 | 968.88 | 1028.40 | 1081.80 | 1131.90 | 1202.20 | 1185.0 | 920.7 | 1123.7 | 1319.7 | 1427.8 |
| Capital grants | 17.44 | 67.10 | 85.73 | 78.42 | 63.18 | 55.55 | 53.29 | 45.10 | 48.10 | 63.90 | 46.50 | 40.0 | 47.5 | 79.0 | 76.2 | 73.3 |
| Capital revenue | 6.72 | 0.04 | 1.00 | 0.70 | 5.56 | 0.12 | 0.18 | 0.10 | 0.30 | 0.10 | 0.20 | 0.9 | 0.4 | 3.6 | 1.5 | 1.3 |
| Current Revenue | 804.86 | 759.62 | 787.77 | 935.97 | 812.89 | 866.93 | 915.41 | 983.20 | 1033.50 | 1067.80 | 1135.50 | 1144.1 | 872.8 | 1041.1 | 1242.0 | 1353.5 |
| Tax Revenue | 737.73 | 700.76 | 736.71 | 764.60 | 759.94 | 820.07 | 872.76 | 934.40 | 977.80 | 992.90 | 1036.80 | 1060.1 | 804.8 | 942.6 | 1118.3 | 1231.4 |
| Taxes on Income | 231.90 | 217.60 | 224.06 | 240.94 | 224.43 | 219.90 | 224.10 | 241.50 | 258.50 | 247.30 | 268.80 | 258.0 | 230.7 | 236.4 | 286.0 | 320.4 |
| Individuals | 75.97 | 77.43 | 83.27 | 90.95 | 91.18 | 97.49 | 100.47 | 104.90 | 106.10 | 103.90 | 112.70 | 116.3 | 99.1 | 113.6 | 132.1 | 124.6 |
| Withholdings | 12.26 | 11.58 | 14.33 | 25.29 | 26.20 | 25.97 | 27.37 | 25.10 | 24.30 | 24.30 | 28.30 | 15.7 | 19.7 | 18.7 | 21 | 25.5 |
| Corporations | 113.70 | 94.18 | 94.64 | 92.45 | 75.56 | 55.35 | 70.91 | 78.20 | 99.00 | 89.00 | 91.80 | 92.9 | 80.8 | 70.2 | 94.2 | 129.9 |
| Arrears | 37.52 | 42.22 | 41.45 | 40.76 | 37.15 | 48.85 | 32.85 | 43.60 | 39.20 | 40.20 | 45.90 | n.a. | n.a. | n.a. | n.a. | n.a. |
| Less: Tax Refunds | -7.55 | -7.81 | -9.63 | -8.51 | -6.67 | -7.77 | -7.50 | -10.30 | -10.10 | -10.10 | -9.90 | -8.9 | -5.8 | -7.0 | -9.2 | -14.5 |
| Taxes on Property | 2.73 | 3.92 | 3.26 | 4.37 | 4.91 | 8.20 | 9.43 | 10.70 | 12.00 | 12.00 | 9.78 | 7.8 | 7.2 | 8.0 | 11.7 | 10.3 |
| Taxes on Goods & Services | 123.36 | 107.80 | 128.72 | 132.63 | 165.87 | 222.90 | 245.39 | 255.20 | 258.10 | 253.10 | 262.00 | 277.0 | 168.7 | 220.8 | 253.2 | 286.6 |
| Consumption tax (domestic) | 6.38 | 6.35 | 5.67 | 6.11 | 4.22 | 0.11 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Excise tax (Domestic) | 6.61 | 9.73 | 13.51 | 12.83 | 7.40 | 3.64 | 3.46 | 3.90 | 3.80 | 4.60 | 4.20 | 4.6 | 3.0 | 4.2 | 4.5 | 4.4 |
| Hotel Occupancy tax | 35.02 | 24.50 | 34.25 | 39.62 | 22.40 | 1.94 | 2.58 | 0.70 | 0.20 | 0.00 | 0.20 | 0.8 | 0.2 | 0.1 | 0.9 | 0.2 |
| Insurance Premium Tax | 7.41 | 6.83 | 7.04 | 8.21 | 7.31 | 9.26 | 8.14 | 8.30 | 8.10 | 8.50 | 8.60 | 10.3 | 9.7 | 11.1 | 10.6 | 13.0 |
| Licences | 19.91 | 20.04 | 25.66 | 23.87 | 24.48 | 28.15 | 22.25 | 28.50 | 30.60 | 25.50 | 27.70 | 35.9 | 7.8 | 8.3 | 8.0 | 8.0 |
| Fuel Surcharge | 3.63 | 4.06 | 3.92 | 3.95 | 3.87 | 3.85 | 7.62 | 14.50 | 21.40 | 20.70 | 20.20 | 20.8 | 18.4 | 19.7 | 20.7 | 21.5 |
| Stamp Duties (Inland Revenue) | 25.70 | 20.12 | 16.13 | 15.51 | 18.93 | 13.90 | 14.15 | 12.10 | 13.90 | 14.10 | 16.50 | 17.5 | 13.2 | 24.4 | 24.3 | 26.6 |
| Cellular Tax | 12.81 | 12.56 | 17.74 | 18.63 | 10.47 | 0.01 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Passenger Facility Fee | 5.89 | 3.61 | 4.80 | 3.90 | 3.17 | 4.65 | 3.94 | 3.50 | 3.30 | 3.60 | 3.20 | 3.2 | 0.9 | 1.4 | 4.4 | 4.5 |
| Value Added Tax | 0 | 0 | 0 | 0 | 63.62 | 157.40 | 183.25 | 183.90 | 176.70 | 176.10 | 181.40 | 183.9 | 115.5 | 151.6 | 179.9 | 202.9 |
| Taxes on International Trade & Transactions | 379.74 | 371.45 | 380.67 | 386.65 | 364.73 | 369.07 | 393.83 | 427.00 | 449.30 | 480.50 | 496.30 | 517.4 | 398.3 | 477.5 | 567.4 | 614.1 |
| Consumption tax (Imports) | 136.28 | 140.17 | 113.70 | 111.93 | 48.30 | 0.64 | 0.10 | 0.30 | 0.00 | 0.00 | 0.00 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Import Duty | 103.65 | 93.25 | 101.35 | 106.07 | 48.30 | 95.10 | 101.22 | 106.20 | 113.50 | 120.80 | 122.70 | 121.6 | 91.6 | 123.3 | 151.5 | 147.7 |
| Thruput Charge | 6.52 | 7.88 | 5.63 | 4.05 | 98.72 | 0.64 | 2.03 | 2.70 | 3.70 | 5.40 | 4.30 | 4.0 | 3.6 | 2.2 | 0.9 | 1.3 |
| Travel Tax | 4.41 | 3.60 | 3.85 | 4.03 | 2.56 | 3.24 | 3.46 | 4.40 | 4.10 | 5.00 | 4.80 | 4.1 | 0.8 | 1.7 | 5.8 | 6.8 |
| Service Charge (Imports) | 67.93 | 58.99 | 62.95 | 69.17 | 3.08 | 59.60 | 60.19 | 68.90 | 71.40 | 74.80 | 79.00 | 79.0 | 65.0 | 84.0 | 102.5 | 104.0 |
| Environmental Levy | 15.97 | 14.35 | 16.18 | 16.19 | 68.18 | 0.17 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Airport Tax | 11.81 | 10.05 | 8.70 | 8.91 | 8.17 | 9.89 | 8.41 | 7.40 | 10.50 | 29.10 | 28.40 | 38.9 | 13.4 | 20.6 | 37.4 | 33.5 |
| Security Charge | 0.93 | 1.51 | 0.64 | 1.05 | 9.22 | 0.96 | 0.64 | 1.00 | 0.70 | 0.90 | 0.00 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Excise Tax (imports) | 32.23 | 41.65 | 67.67 | 65.22 | 1.23 | 57.35 | 66.63 | 73.70 | 86.80 | 102.70 | 109.30 | 114.3 | 99.5 | 85.1 | 78.8 | 119.1 |
| Value Added Tax (net of refund) | 0 | 0 | 0 | 0 | 75.67 | 141.49 | 151.14 | 162.50 | 158.70 | 141.80 | 147.90 | 155.5 | 124.5 | 160.7 | 190.6 | 188.9 |
| Non-Tax Revenue | 67.13 | 58.86 | 51.07 | 71.37 | 52.95 | 46.86 | 42.65 | 48.80 | 55.60 | 75.00 | 118.70 | 84.1 | 68.0 | 98.5 | 123.7 | 122.1 |
| E.C.C.B. Profits | 6.96 | 4.53 | 5.29 | 1.95 | 0.68 | 0.32 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0 | 0 | 0 |
| Interest and Rents | 16.15 | 13.85 | 10.61 | 31.47 | 8.91 | 5.50 | 4.00 | 7.00 | 4.60 | 5.20 | 4.50 | 0 | 0 | 0 | 0 | 0 |
| Fees, Fines and Sales | 33.57 | 30.49 | 21.12 | 24.70 | 29.26 | 27.73 | 23.46 | 27.30 | 29.50 | 58.70 | 99.60 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Tax Revenue | 10.45 | 9.99 | 14.05 | 13.25 | 14.10 | 13.30 | 15.19 | 14.50 | 21.50 | 11.10 | 14.60 | 0 | 0 | 0 | 0 | 0 |
| Memo item: Property Tax collected by CCC | 2.00 | 2.50 | 2.00 | 2.50 | 2.10 | 2.00 | 2.90 | 3.70 | 2.90 | 2.60 | 2.30 | 3.0 | 0.5 | 0.0 | 0.6 | 3.6 |
| Values are in EC$ millions | Central government expenditure as at March 31st, end of fiscal year | |||||||||||||||
| 0 means zero or a value rounded to 0 | ||||||||||||||||
| P - Preliminary | ||||||||||||||||
| YEO- Year End Outlook | ||||||||||||||||
| Source: Ministry of Finance | Last updated: 10/06/2024 by Antonia Aurelien |