The United States recorded a government budget deficit of 284350 USD Million in October of 2025. This dataset provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2025 about budget, federal, and USA.

Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.

Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.

This statistic shows the national debt of the United Kingdom from 2020 to 2024, with projections up until 2030. In 2024, the national debt in the United Kingdom was about 3.91 trillion U.S. dollars. Reduction of the national debt and recovery of the economy in the UK The debt of the United Kingdom, which amounted to around 1,600 billion pounds in 2014 - more than it has ever been - is projected to keep rising. Since the economic recession of 2007-08, economic growth in the United Kingdom has been slow, but it has been able to recover. In 2014, the United Kingdom recorded a 2.8 percent growth rate. Many believe that if the economy is stable, the government will reduce spending and not accrue any more debt, and it can indeed be seen that while government spending continues to increase, the gap between spending and revenue is projected to get smaller. If the government were to earn more than it spends, it could use the money left over to pay the national debt and start to reduce it. However, what is even more important is the size of the debt in relation to the size of the country's economy; if the debt grows slower than the economy, the debt to GDP ratio can still fall, despite a budget deficit. The ratio of government expenditure to GDP indicates that the economy is recovering at a faster rate than government expenditure, with the ratio decreasing significantly over the last decade and the national debt in relation to GDP being expected to decrease further as well - albeit slowly. This should help relieve concerns over the United Kingdom’s mounting debt, but for some debt reduction is just not fast enough.

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Your Guide to America's Finances is an overview of U.S. government finances where you’ll find information on money coming in (revenue), money going out (spending), the deficit, and debt. Your Guide presents a series of pages exploring each topic through educational content and interactive visualizations, providing a comprehensive overview of the trillions of dollars collected and spent by the federal government each year. Where does federal revenue come from? If you lived or worked in the United States in 2024, your tax contributions are likely part of the $4.92 trillion collected in revenue. The federal government also collects revenue from services like admission to national parks and customs duties on foreign imports and exports. The majority of this revenue is used to pay for government activities (employee salaries, infrastructure maintenance), as well as to pay for goods and services provided to United States citizens and businesses.

In FY 2024, the federal government spent $6.75 trillion. Since the government spent more than it collected, the deficit for 2024 was $1.83 trillion. Visit our Spending and Deficit pages for more information on these activities.

The statistic shows the ratio of government expenditure to the gross domestic product (GDP) in Greece from 2020 to 2023, with projections up until 2030. In 2023, Greece's government spending amounted to about 49.55 percent of the gross domestic product. Greece's financial turmoil In 2011, the ratio of government expenditure to GDP in Greece started to decrease significantly from 53.73 percent to 46.36 percent in 2014. However, looking at Greece’s ratio compared to the other member states of the European Union, it shows that Greece - while still having a relatively high ratio - is not at the top of the list of countries with a high public ratio. Yet, Greece has a history of spending significantly more than it has been acquiring in government revenue. This unbalanced spending vs revenue situation is expected to change at some point between 2015 and 2016. When spending more than it received, Greece covered its yearly deficits by borrowing money to make up the difference. The accumulation of these deficits resulted in Greece’s growing debt, which in 2014 amounted to a total of 317.31 billion euros, and with the economic crisis, the country has had difficulties in paying back its large debts. However, it appears as if Greece is beginning to keep government spending below revenue in the near future. In order to recover, the country also needs economic growth, and according to the IMF, GDP is expected to increase after 2015 and along with it, Greece will likely see positive growth rates.

This table contains information on the finances of the general government sector. The terms and definitions used are in accordance with the framework of the National Accounts. The National Accounts are based on the international definitions of the European System of Accounts (ESA 2010). Small temporary differences with publications of the National Accounts may occur due to the fact that the government finance statistics are sometimes more up to date.

Data available from: Yearly figures from 1995, quarterly figures from 1999.

Status of the figures: The figures for the period 1995-2022 are final. The quarterly figures for 2023 are provisional. The annual figures for 2023 are final. The figures for 2024 and 2025 are provisional.

Changes as of 23 September 2025: The figures for the second quarter of 2025 are available. The figures for the first of quarter 2025 are revised. (Seasonal adjusted) government revenue, (seasonal adjusted) government expenditure and (seasonal adjusted) balance of general government have been adjusted.

Changes as of 10 April 2025: Due to an error made while processing the data, the initial preliminary figures for government expenditure in 2024 were calculated incorrectly, which means that the figure published for the general government balance was also incorrect. It concerns a decrease in government expenditure. Therefore, the general government balance is 2.3 billion euros higher than originally reported. This means the government deficit is equivalent to 0.9 percent of GDP, rather than the 1.1 percent published previously. (Seasonal adjusted) government revenue, (seasonal adjusted) government expenditure and (seasonal adjusted) balance of general government have been adjusted.

When will new figures be published? Initial quarterly figures are published three months after the end of the quarter. In September the figures on the first quarter are revised, in December the figures on the second quarter are revised and in March the first three quarters are revised. Yearly figures are published for the first time three months after the end of the year concerned. Yearly figures are revised two times: 6 and 18 months after the end of the year. Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures. Revised yearly figures are published in June each year. Quarterly figures are aligned to revised years at the end of June. More information on the revision policy of National Accounts can be found under 'relevant articles' under paragraph 3.

In 2025/26, the budgeted expenditure of the United Kingdom government is expected to be reach 1,335 billion British pounds, with the highest spending function being the 379 billion pounds expected to be spent on social protection, which includes pensions and other welfare benefits. Government spending on health was expected to be 277 billion pounds and was the second-highest spending function in this fiscal year, while education was the third-highest spending category at 146 billion pounds. UK government debt approaching 100 percent of GDP At the end of the 2024/25 financial year, the UK's government debt amounted to approximately 2.8 trillion British pounds, around 96 percent of GDP that year. This is due to the UK having to borrow money to cover its spending commitments, especially at the height of the COVID-19 pandemic, when this deficit amounted to 314.6 billion pounds. Without significant cuts to spending or tax rises, the current government is aiming to reduce this debt by creating a stronger, more productive economy. Though this is how Britain's post WW2 debt was reduced, the country faces far more structural problems to growth than it did in the mid 20th century. Income Tax the UK's main revenue source Income Tax is expected to raise approximately 329 billion British pounds in the 2025/26 financial year, and be the largest revenue source for the government that year. Value Added Tax (VAT) receipts are expected to raise 214 billion pounds, with National Insurance contributions reaching 199 billion pounds. Although National Insurance rates for employees has actually fallen recently, the rate which employers pay was one of the main tax rises announced in the Autumn 2024 budget, rising from 13.8 percent to 15 percent. Though this avoided raising tax for workers directly, many UK businesses were critical of the move, with taxation seen as the main issue facing them at the start of 2025.

In 2025, public debt in France represented 116.2 percent of the country’s GDP. According to the source, public debt in France is supposed to remain stable in the upcoming years. There was a substantial increase between 2019 and 2020 due to the Covid-19 pandemic and the French government's economic response to it. Since 2005, public debt in France is increasing making the country one of the most in debt of the European Union. A debt country Public debt, also known as national debt, appears to be the difference between what a government is receiving and spending in a year. It is the accumulation of annual budget deficits, which happened when the government was spending more than receiving. Public debt in France is increasing since 2007, while the debt interest expenditure amounted to more than 40.3 billion euros in 2023. France’s revenue and spending Most of French public debt is generated by the State, in comparison with the social security system and the regional and local authorities. The budget balance of the country has been negative for years and does not appear to reach a positive one in the future. France spends most of its budget on tax repayments and abatement, as well as on education and defense. In 2023, France’s government spent more than 1.61 trillion euros, whereas its revenue amounted to 1.45 trillion euros. Non-tax revenue collected by the state came in majority from dividends, while it collected 70 billion euros by levying taxes on income and 140 billion euros through VAT in 2016.

In 2024/25, the UK government spent approximately 13.3 percent of GDP on social protection, compared with 8.4 percent for health, and 4.1 percent for education. These three spending areas have accounted for the highest share of government spending since the late 1980s. Defence spending as a share of GDP has, by contrast, fallen throughout this period, from a high of 4.6 percent in 1984/85, to just 1.8 percent in the mid-2010s. Main sources of revenue During this same time period, income tax has been the most important source of revenue for the government, accounting for almost ten percent of GDP in the 2022/23 financial year. The UK's main tax levied on sales, Value Added Tax (VAT), was equivalent to 7.4 percent of GDP that year, with National Insurance Contributions at around seven percent of GDP. Taxes raised from businesses via Corporation Tax were the fourth-major source of tax revenue that year, at approximately 3.1 percent of GDP. Debt and borrowing Due to several years of the government spending more than it earns, the government has had to borrow large amounts to finance its commitments. This was especially the case at the height of the COVID-19 pandemic when, due to depressed revenues and increased expenditure, the government borrowed more than 314 billion pounds. This increased the national debt from 1.8 trillion pounds, to around 2.15 trillion pounds, or almost 97 percent of GDP.

The short survey on current issues relating to government spending and public debt was conducted by the opinion research institute forsa on behalf of the Press and Information Office of the Federal Government. In the survey period from 18.03.2024 to 20.03.2024, the German-speaking population aged 14 and over was asked in telephone interviews (CATI) about their attitudes to government spending and government debt. In particular, the focus is on the assessment of the debt brake and various options for reforming it. Respondents were selected using a multi-stage random sample as part of a multi-topic survey (policy BUS) including landline and mobile phone numbers (dual-frame sample).
Assessment of Germany´s overall financial situation in terms of income and expenditure; assessment of Germany´s debt burden compared to most other industrialized countries; opinion on government debt (government debt should generally be avoided, is generally not a problem, only makes sense if it is used for investments for the future); government spends too much vs. too little money on various political and social tasks (health and care, defense, social affairs, climate protection, housing, integration of immigrants, pensions); opinion on the state only taking out new larger loans in exceptional emergency situations such as natural disasters (debt brake should remain as it is, it should be reformed or it should be abolished completely); evaluation of various proposals for reforming the debt regulation (change the debt limit so that the state can generally take on more debt than before, create a transitional rule so that even in the year following an emergency situation it is still possible to take on slightly more debt than usual, allow higher debt to be taken on if the economic situation is worse than expected, allow higher debt to be taken on for defense spending, allow higher debt to be taken on for investments in climate protection, allow higher debt to be taken on for investments in infrastructure such as roads and railways).

Demography: sex; age; education; income level low, medium, high (net equivalent income); city size; party preference in the next federal election; voting behavior in the last federal election.

Additionally coded were: Respondent ID; region west/east; weighting factor.

Public sector net debt amounted to 93.5 percent of gross domestic product in the United Kingdom during the 2024/25 financial year. Following the COVID-19 pandemic, UK government debt has reached levels not seen since the early 1960s, due to a significant increase in borrowing in 2020/21. After peaking at 251.7 percent shortly after the end of the Second World War, government debt in the UK gradually fell, before a sharp increase in the late 2000s at the time of the global financial crisis. Debt not expected to start falling until 2029/30 In 2024/25, the UK's government expenditure was approximately 1.28 trillion pounds, around 44 percent of GDP. This spending was financed by 1.14 trillion pounds of revenue raised, and almost 150 billion pounds of borrowing. Although the UK government can continue to borrow money to finance its spending, the amount spent on debt interest has increased significantly in recent years. Current forecasts suggest that while the debt is eventually expected to start declining, this is based on falling government deficits in the next five years. Government facing hard choices Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books from the current government, and the possibility for either spending cuts or tax rises. Although Labour ruled out raising the main government tax sources, Income Tax, National Insurance, and VAT, at the 2024 election, they did raise National Insurance for employers (rather than employees) and also cut Winter Fuel allowances for large numbers of pensioners. Less than a year after implementing cuts to Winter Fuel, the government performed a U-Turn on the issue, and also held back on more significant cuts to welfare.

The Court of Auditors makes public its report on the state budget in 2018, as well as 66 analyses of budget implementation, including by mission and programme.

In 2018, execution was better controlled than in previous years, notably thanks to a more sincere programming of expenditure. Despite higher-than-expected revenues, however, the government deficit has widened, as tax and expenditure cuts continue to rise, even at a slow pace, including the wage bill. The deficit of the State diverges from that of the general government as a whole, attesting to its particular place within them.

The ever-increasing complexity of the fiscal framework of the State, which is also weak and unstable, undermines the analysis of expenditure and its effectiveness, in particular because of the scale of tax expenditure and the increasing use of funds without legal personality. The performance approach, whose balance sheet is disappointing, needs to be re-founded to improve the efficiency of expenditure.

This report is available on the Court’s website.

The published files correspond to the data used in the preparation of the report.

The income of Russia's federal budget reached **** trillion Russian rubles in 2024, which was approximately *** trillion Russian rubles below its expenditure. In other words, Russia achieved a budget deficit in that year.

Government debt in the United Kingdom reached over 2.8 trillion British pounds in 2024/25, compared with 2.69 trillion pounds in the previous financial year. Although debt has been increasing throughout this period, there is a noticeable jump between 2019/20, and 2020/21, when debt increased from 1.82 trillion pounds, to 2.15 trillion. The UK's government debt was the equivalent of 93.5 percent of GDP in 2024/25, and is expected to increase slightly in coming years, and not start falling until the end of this decade. Public finances in a tight spot With government debt approaching 100 percent of GDP, the UK finds itself in a tricky fiscal situation. If the UK can't reduce it's spending, or increase its revenue, the government will have to continue borrowing large amounts, increasing the debt further. Adding to the problem, is the fact that financing this debt has got steadily more expensive recently, with the government currently spending more on debt interest than it does on defence, transport, and public order and safety. Can the UK grow out its debt? After the Second World War, when the national debt reached over 250 percent of GDP, the UK managed to reduce its debt-to-GDP ratio, due to the economy growing faster than its debt over a long period of time. This is certainly the hope of the current Labour government, who are seeking to avoid significant tax and spending adjustments by strengthening the economy. Overdue investments in infrastructure and increased capital spending may eventually achieve this goal, but the government's declining popularity suggests they may not be in power by the time these policies might eventually bear fruit.

In 2025/26, the government of the United Kingdom is expected to receive 1.2 trillion British pounds of public sector current receipts, with 329 billion British pounds coming from income tax, as well as 214 billion pounds from VAT. Other substantial sources of income include Corporation Tax, predicted to raise 105 billion pounds, and Council Tax, which will raise around 50 billion pounds. Government revenue falls short of spending Overall government revenue in 2023/24 amounted to approximately 1.13 trillion pounds, but with the government spending around 1.28 trillion pounds, the UK borrowed almost 152 billion pounds to cover its costs. As a consequence, the UK's national debt increased from 2.69 trillion pounds in 2022/23, to 2.81 trillion pounds in 2023/24, almost 100 per cent of GDP. Financing this debt is becoming increasingly burdensome for UK government finances, with the UK spending more on debt interest than on defence, transport, and public order and safety. Impact of COVID-19 on revenue sources Income received from some of the UK's typical revenue sources were severely depleted at the height of the COVID-19 pandemic. In 2018/19, for example, VAT raised around 132.5 billion pounds, with receipts falling to 129.9 billion pounds in 2019/20, and just 101.7 billion pounds in 2020/21. Corporation Tax, fell from 61.6 billion pounds in 2019/20, to 50.5 billion pounds in 2020/21, while revenue from Air Passenger Duties declined from 3.64 billion pounds in 2019/20, to just 590 million pounds in 2020/21, and just over one billion pounds in 2021/22.

Die Kurzumfrage über aktuelle Fragen zu Staatsausgaben und Staatsschulden wurde vom Meinungsforschungsinstitut forsa im Auftrag des Presse- und Informationsamtes der Bundesregierung durchgeführt. Im Erhebungszeitraum 18.03.2024 bis 20.03.2024 wurde die deutschsprachige Bevölkerung ab 14 Jahren in telefonischen Interviews (CATI) zu ihren Einstellungen zu Staatsausgaben und Staatsschulden befragt. Insbesondere geht es um die Bewertung der Schuldenbremse bzw. um verschiedene Möglichkeiten, sie zu reformieren. Die Auswahl der Befragten erfolgte durch eine mehrstufige Zufallsstichprobe im Rahmen einer Mehrthemenbefragung (Politik-BUS) unter Einschluss von Festnetz- und Mobilfunknummern (Dual-Frame Stichprobe). Bewertung der finanziellen Lage Deutschlands insgesamt bezogen auf Einnahmen und Ausgaben; Einschätzung der Schuldenlast Deutschlands im Vergleich zu den meisten anderen Industriestaaten; Meinung zu Staatsschulden (Schulden des Staates sollten grundsätzlich vermieden werden, sind grundsätzlich kein Problem, sind nur dann sinnvoll, wenn sie für Investitionen für die Zukunft eingesetzt werden); Staat gibt zu viel vs. zu wenig Geld aus für verschiedene politische und gesellschaftliche Aufgaben (Gesundheit und Pflege, Verteidigung, Soziales, Klimaschutz, Wohnungsbau, Integration von Zugewanderten, Renten); Meinung zur Neuaufnahme größerer Kredite durch den Staat nur in außergewöhnlichen Notsituationen wie z.B. Naturkatastrophen (Schuldenbremse sollte so bestehen bleiben wie sie ist, sie sollte reformiert werden oder sie sollte vollständig abgeschafft werden); Bewertung verschiedener Vorschläge zur Reform der Schuldenregelung (die Schuldengrenze verändern, damit der Staat generell mehr Schulden aufnehmen kann als bisher, eine Übergangsregel schaffen, sodass man auch im Jahr nach einer Notsituation noch etwas mehr Kredite aufnehmen kann als gewöhnlich, die Aufnahme höherer Schulden erlauben, wenn die Wirtschaftslage schlechter ist als erwartet, die Aufnahme höherer Schulden erlauben für Verteidigungsausgaben, die Aufnahme höherer Schulden erlauben für Investitionen in den Klimaschutz, die Aufnahme höherer Schulden erlauben für Investitionen in die Infrastruktur wie Straßen und Schienen). Demographie: Geschlecht; Alter; Bildung; Einkommenslage niedrig, mittel, hoch (Nettoäquivalenzeinkommen); Ortsgröße; Parteipräferenz bei der nächsten Bundestagswahl; Wahlverhalten bei der letzten Bundestagswahl. Zusätzlich verkodet wurde: Befragten ID; Region West/Ost; Gewichtungsfaktor. The short survey on current issues relating to government spending and public debt was conducted by the opinion research institute forsa on behalf of the Press and Information Office of the Federal Government. In the survey period from 18.03.2024 to 20.03.2024, the German-speaking population aged 14 and over was asked in telephone interviews (CATI) about their attitudes to government spending and government debt. In particular, the focus is on the assessment of the debt brake and various options for reforming it. Respondents were selected using a multi-stage random sample as part of a multi-topic survey (policy BUS) including landline and mobile phone numbers (dual-frame sample). Assessment of Germany´s overall financial situation in terms of income and expenditure; assessment of Germany´s debt burden compared to most other industrialized countries; opinion on government debt (government debt should generally be avoided, is generally not a problem, only makes sense if it is used for investments for the future); government spends too much vs. too little money on various political and social tasks (health and care, defense, social affairs, climate protection, housing, integration of immigrants, pensions); opinion on the state only taking out new larger loans in exceptional emergency situations such as natural disasters (debt brake should remain as it is, it should be reformed or it should be abolished completely); evaluation of various proposals for reforming the debt regulation (change the debt limit so that the state can generally take on more debt than before, create a transitional rule so that even in the year following an emergency situation it is still possible to take on slightly more debt than usual, allow higher debt to be taken on if the economic situation is worse than expected, allow higher debt to be taken on for defense spending, allow higher debt to be taken on for investments in climate protection, allow higher debt to be taken on for investments in infrastructure such as roads and railways). Demography: sex; age; education; income level low, medium, high (net equivalent income); city size; party preference in the next federal election; voting behavior in the last federal election. Additionally coded were: Respondent ID; region west/east; weighting factor. Telephone interview: CATI Deutschsprachige Bevölkerung ab 14 Jahren mit einem Festnetz- oder Mobilfunkanschluss German-speaking population aged 14 and over with a landline or mobile phone connection. Wahrscheinlichkeitsauswahl: Mehrstufige Zufallsauswahl; Auswahlverfahren Kommentar: Bei der Auswahl der Befragungsteilnehmer im Rahmen der forsa-Mehrthemenumfrage (Politik-BUS) werden sowohl Festnetz- als auch Mobilfunknummern einbezogen. Die Stichprobenbildung erfolgt daher auf der Grundlage einer kombinierten Festnetz- und Mobilfunkstichprobe (sog. ADM Dual-Frame-Design). Das Verhältnis der Interviews, die über den Mobil-Auswahlrahmen gewonnen werden, zu denen, die über den Festnetzrahmen gewonnen werden, beträgt 30:70. Die Auswahl der Teilnehmer mit einem Festnetzanschluss erfolgt durch eine mehrfach geschichtete, mehrstufige Zufallsstichprobe auf Basis des ADM-Telefonstichproben-Systems. Die Auswahlgrundlage ist das so genannte ADM-Telefon-Mastersample. Ist ein Haushalt mit Festnetzanschluss auf Basis des ADM-Telefon-Mastersamples ausgewählt, so erfolgt auf der zweiten Stufe des Auswahlprozesses die Auswahl der zu befragenden Person innerhalb des Haushalts. Handelt es sich um einen Ein-Personen-Haushalt, so steht die Befragungsperson bereits eindeutig fest. Leben mehrere Personen der Grundgesamtheit im Haushalt, so ermittelt der Interviewer die zu befragende Person mithilfe der sogenannten Geburtstagsmethode.

France's total budgetary expenditure in 2025 was nearly 844 billion euros. The first item of expenditure was Refunds and rebates, with more than 148 billion of investment. Advances to local authorities were the second sector of public investment with more than 134 billion euros. The COVID-19 recovery plan Following the economic crisis linked to the COVID-19 pandemic in France, the French government has opened a budget of 36 billion euros for 2021. This recovery plan is intended for individuals, companies, local authorities, and administrations and is based on three themes: the economic, social, and ecological reconstruction of the country. Added to this budget is the emergency plan for the health crisis with aid to businesses.This vast plan, initiated at the very beginning of the crisis, has made it possible to limit the increase in unemployment in France, thanks to partial unemployment and the company closures through subsidies and state loans at zero interest. The economic model in the face of debt Although the economy is rapidly liberalizing in France, its economic system is still based on the principle of the welfare state, which intervenes regularly in the country's economy and finances to ensure that social services are developed for the well-being of its citizens.But this model is very expensive, the country keeps having a rather high debt level. In 2024, the public debt in France reached 112 percent of the GDP.

In 2024, the budget balance in relation to the gross domestic product (GDP) in China stood at approximately -7.34 percent. Between 1982 and 2024, the figure dropped by around 7.56 percentage points, though the decline followed an uneven course rather than a steady trajectory. The budget balance is forecast to decline by about 0.77 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.