This table provides metadata for the actual indicator available from Vanuatu statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Vanuatuan statistics, this table should be consulted for information on national methodology and other Vanuatu-specific metadata information.
| Proxy |
No |
|---|---|
| Definition |
The “Change in Government Revenue (GFS Tables)” indicator measures the year-over-year or period-over-period change in the total revenue collected by the government, as reported in the Government Finance Statistics (GFS) tables. Government revenue includes all income generated by the government from taxes, fees, fines, grants, and other sources of public funds. |
| Concept |
This indicator tracks the fluctuation in government revenue over time, providing insights into the government’s fiscal capacity and its ability to fund public services, infrastructure, and development programs. The GFS tables are standardized financial reports used by governments worldwide to present detailed information on government revenue, expenditure, and financing in a consistent and comparable format |
| Disaggregation |
Type of Government Revenue |
| Rationale |
Monitoring the change in government revenue is crucial for understanding the fiscal health and sustainability of a government. An increase in revenue may indicate economic growth, improved tax collection, or successful policy measures, while a decrease may signal economic challenges, reduced tax base, or inefficiencies in revenue collection. |
| Method of Computation |
To compute the “Change in Government Revenue (GFS Tables),” first collect data on total government revenue for the current year and the previous year from the Government Finance Statistics (GFS) tables. Then, calculate the change in revenue by subtracting the previous year’s total revenue from the current year’s total revenue. If expressing the change as a percentage, divide the difference by the previous year’s total revenue and multiply by 100. Formula: Percentage Change in Government Revenue= (Total Revenue (Current Year) – Total Revenue (Previous Year)/ Total Revenue (Previous Year))*100 |
| Sustainable Development Goal Indicator Alignment |
17.1.1 17.1.2 |
| Unit of Measurement |
Percentage |
| Frequency of Collection |
Annually |