China's 2011 fiscal revenue reaches record - 1.6 trillion US dollar

[davidson]

BEIJING, 2012 (Xinhua) -- China's Ministry of Finance said on Friday that the nation's fiscal revenue grew 24.8 percent year-on-year to hit a record high of 10.37 trillion yuan (1.64 trillion U.S. dollars) in 2011.


Revenues (most recent) by country

Trillion

1. United States = 2.09
2. China = 1.64
3. Japan = 1.63
4. Germany = 1.39
5. France = 1.24
6. Italy = 0.94
7. United Kingdom = 0.92
8. Canada =0.6
9. Spain = 0.51
10. Brazil =0.46


#22. India = 0.17


China's 2011 fiscal revenue up 24.8% to 10 trillion yuan

Budget revenues statistics - countries compared

 

[davidson]

List of countries by current account balance (Surplus & Deficit)

Rank

1. China = +305 billion
2. Germany +188 billion
3. Japan = +166 billion
4. Russia = +71 billion
5. Noway = +60 billion


#187. India = -51
#188. France = -54
#189. United Kingdom = -56
#190. Spain = -63
#191. Italy = -67
#192. United States = -470 billion


http://en.wikipedia.org/wiki/List_of_sovereign_states_by_current_account_balance

 

[davidson]

India's revenue is only 0.17 trillions??

almost 10 times lower compared to china??

 

[ChinaToday]

India's revenue is only 0.17 trillions??

almost 10 times lower compared to china??

LOL and india members claimed they are world superpower

 

[iajj]

indian economy is not one tenth of the size of the chinese one. so the small amount of revenue reflects something much more worrying: a fundamentally underdeveloped extractive abilities of the indian state. the impression i get from this list is: germany, france and canada no doubt have the most powerful state apparatuses, while china and japan are merely doing okay, while americans are still suffering from the conservative ideologies of the bush era that obamese politics has been too gutless to reverse in the last three years, and lastly, india is absolutely awful even when compared to brazil.

the other explanation i can think of is extreme corruption, probably something at a comparable level to the tax farm of ancien regime. i used to think india wasn't doing much worse than china in the corruption department and i don't think that way anymore

 

[davidson]

indian economy is not one tenth of the size of the chinese one. so the small amount of revenue reflects something much more worrying: a fundamentally underdeveloped extractive abilities of the indian state. the impression i get from this list is: germany, france and canada no doubt have the most powerful state apparatuses, while china and japan are merely doing okay, while americans are still suffering from the conservative ideologies of the bush era that obamese politics has been too gutless to reverse in the last three years, and lastly, india is absolutely awful even when compared to brazil.

the other explanation i can think of is extreme corruption, probably something at a comparable level to the tax farm of ancien regime. i used to think india wasn't doing much worse than china in the corruption department and i don't think that way anymore

good analysis

 

[sweetgrape]

maybe statistics is different!