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Canada
2007 - 2008
2008 - 2009
Revenues totalled $233.1 billion in 2008–09, a decrease of $9.3
billion or 3.8 per cent from 2007–08 (Table 3). Tax revenues
fell by $12.0 billion, or 5.9 per cent, while EI premium rev-
enues rose by $0.3 billion, or 2.0 per cent. Other revenues in-
creased by $2.3 billion, or 10.5 per cent. The largest source of
revenues in 2008–09 was personal income tax revenues, which
stood at 49.8 per cent of total revenues. The second largest
source was corporate income tax revenues at 12.6 per cent. GST
revenues were 11.1 per cent of revenues while EI premium rev-
enues contributed 7.2 per cent. Personal income tax revenues in-
creased $3.0 billion, or 2.6 per cent, in 2008–09. This increase
primarily reflected a refinement of the tax accrual estimation
methodology to address an understatement of personal income tax
revenues dating from the adoption of accrual accounting in 2002–
03. These refinements had a one-time impact of raising personal
income tax revenues by about $2.9 billion. The increase in rev-
enues due to growth in wages and salaries was largely offset by
personal income tax reductions announced in Budget 2009.
2010 - 2011
Revenues totalled $237.1 billion in 2010–11, an increase of
2011 - 2012
2012 - 2013
2015 - 2016
Revenues totalled $295.5 billion in 2015–16, up $13.1 billion,
or 4.6 per cent, from 2014–15 (Table 5), reflecting growth in
all revenue streams except other revenues.
2016 - 2017
The Government posted a budgetary deficit of $17.8 billion in
2016–17, compared to a deficit of $1.0 billion in 2015–16.
Revenues were down $2.0 billion, or 0.7 per cent, from the prior
year, primarily reflecting declines in personal income tax rev-
enues, Employment Insurance (EI) premium revenues and other rev-
enues, partially offset by an increase in Goods and Services Tax
(GST) revenues.
Expenses were up $14.8 billion, or 5.0 per cent, from the prior
year. Program expenses increased by $16.2 billion, reflecting
increases in major transfers to persons and other levels of gov-
ernment and other transfer payments. Public debt charges de-
creased by $1.3 billion, or 5.2 per cent, from the prior year,
reflecting a lower average effective interest rate on the stock
of interest-bearing debt.
Expense
Canada: Government spending, billion USD: For that indicator,
The World Bank provides data for Canada from 1960 to 2016. The
average value for Canada during that period was 128.51 billion
U.S. dollars with a minumum of 5.98 billion U.S. dollars in
1960 and a maximum of 385.08 billion U.S. dollars in 2012.
Philippines
2007 - 2017
The government continued to improve budget execution in 2017.
Public expenditure increased from 17.6 percent of GDP in 2016 to
17.9 percent in 2017 (Figure 13). Nevertheless, the government’s
budget execution fell short of programmed public spending by 2.9
percent in 2017, which was only a slight improvement from the
3.6 percent in 2016.20 Underspending was primarily the result of
lower-than-expected recurrent spending on personnel expenditures
and maintenance and other operating expenditures. 21 Meanwhile,
infrastructure expenditures exceeded their programmed target and
increased slightly from 3.4 percent of GDP in 2016 to 3.6 per-
cent in 2017. Infrastructure outlays were directed towards the
implementation of various road infrastructure, flood control,
and dike and river basin repair projects as well as the repair
and rehabilitation of school facilities and the purchase of mil-
itary equipment under the Armed Forces of the Philippines’ mod-
ernisation program.
Question:
1.What are the government revenues in the corresponding years?
• In 2007 to 2008 Government revenues in Canada, a budgetary sur-
plus of $9.6 billion was recorded. In 2008 to 2009, revenues totalled
$233.1 billion, decrease of $9.3 billion or 3.8 per cent. 2010 to
2011, revenues totalled $237.1 billion, an increase of $18.5 billion
or 8.5 per cent. Revenues totalled $245.2 billion in 2011 to 2012,
up $8.1 billion, or 3.4 per cent, from 2010–11. In 2012 to 2013,
$256.6 billion up, $7.5 billion, or 3.0 per cent. 2013 to 2014,
$271.7 billion in 2013–14, up $15.0 billion, or 5.9 per cent, from
2012–13. Revenues totalled $295.5 billion in 2015–16, up $13.1 bil-
lion, or 4.6 per cent. And in 2016 to 2017, the Government posted a
budgetary deficit of $17.8 billion in 2016–17, compared to a
deficit of $1.0 billion in 2015–16.