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

davidson

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Dec 12, 2011
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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
 
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
 
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 :tup:
 

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