Fiscal Reference Tables 2023: Part 1 of 9

Federal Government Public Accounts

Table 1
Fiscal transactions
(millions of dollars)
Year Revenues Program expenses excluding net actuarial losses(1) Public
debt
charges
Budgetary surplus or deficit (-) excluding net actuarial losses(1) Net actuarial losses(1) Budgetary
surplus
or
deficit (–)
Net
remeasurement
gains (losses)
and other
comprehensive
income(2)
Adjustments to
accumulated
deficit(2)(3)(4)(5)(6)
Accumulated
deficit
Non-
budgetary
transactions
Financial
requirement
(-)/source
1966-67 9,975 9,278 1,182 -485 17,708 34 -451
1967-68 10,925 10,681 1,286 -1,042 18,750 473 -569
1968-69 12,320 11,523 1,464 -667 19,417 -1,238 -1,905
1969-70 14,755 12,921 1,694 140 19,277 -326 -186
1970-71 15,387 14,516 1,887 -1,016 20,293 -1,370 -2,386
1971-72 17,119 16,795 2,110 -1,786 22,079 -346 -2,132
1972-73 19,808 19,409 2,300 -1,901 23,980 432 -1,469
1973-74 22,997 22,643 2,565 -2,211 26,191 853 -1,358
1974-75 29,965 28,952 3,238 -2,225 28,416 710 -1,515
1975-76 32,441 34,675 3,970 -6,204 34,620 1,371 -4,833
1976-77 35,283 37,472 4,708 -6,897 41,517 1,774 -5,123
1977-78 35,633 40,981 5,531 -10,879 52,396 2,186 -8,693
1978-79 38,214 44,219 7,024 -13,029 65,425 -18 -13,047
1979-80 43,310 46,783 8,494 -11,967 77,392 4,322 -7,645
1980-81 53,181 57,079 10,658 -14,556 91,948 5,470 -9,086
1981-82 67,289 67,849 15,114 -15,674 107,622 4,406 -11,268
1982-83 67,430 79,576 16,903     -29,049     136,671 2,411 -26,638
 
1983-84 65,261 77,194 20,430 -32,363 157,252 8,213 -24,150
1984-85 71,999 84,279 24,887 -37,167 194,419 6,697 -30,470
1985-86 77,742 83,474 27,657 -33,389 227,808 4,061 -29,328
1986-87 86,746 87,870 28,718 -29,842 257,650 2,207 -27,635
1987-88 97,215 95,009 31,223 -29,017 286,667 3,513 -25,504
1988-89 106,349 98,764 35,532 -27,947 314,614 3,940 -24,007
1989-90 115,887 103,784 41,246 -29,143 343,757 11,270 -17,873
1990-91 119,685 108,550 45,034 -33,899 377,656 5,829 -28,070
1991-92 126,086 114,544 43,861 -32,319 409,975 1,580 -30,739
1992-93 124,486 122,173 41,332 -39,019 448,994 11,216 -27,803
1993-94 123,873 122,304 40,099 -38,530 487,524 5,238 -33,292
1994-95 130,791 123,238 44,185 -36,632 524,156 10,405 -26,227
1995-96 140,257 120,856 49,407 -30,006 554,162 6,985 -23,021
1996-97 149,889 111,327 47,281 -8,719 562,881 113 -8,606
1997-98 160,864 114,785 43,120 2,959 559,922 8,158 11,117
1998-99 165,520 116,438 43,303 5,779 554,143 1,297 7,076
1999-00 176,408 118,766 43,384 14,258 539,885 -4,675 9,583
2000-01 194,349 130,566 43,892 19,891 519,994 -9,713 10,178
2001-02 183,930 136,231 39,651 8,048 511,946 -7,651 397
2002-03 190,570 146,679 37,270 6,621 505,325 3,907 10,528
2003-04 200,788 155,874 35,769 9,145 496,180 -2,292 6,853
2004-05 214,237 178,656 34,118 1,463 494,717 4,442 5,905
2005-06 224,343 177,353 33,772 13,218 481,499 -7,587 5,631
2006-07 238,397 190,700 33,945 13,752 479 467,268 -4,014 9,738
2007-08 245,525 202,603 33,325 9,597 34 457,637 4,633 14,230
2008-09 237,286 209,654 28,269 -637 8,479 -9,116 -318 -875 467,946 -75,907 -85,023
2009-10 220,611 242,252 26,562 -48,203 8,165 -56,368 211 524,103 -15,274 -71,642
2010-11 239,255 238,402 28,610 -27,757 7,196 -34,953 2,142 556,914 -12,131 -47,084
2011-12 246,682 237,966 29,038 -20,322 7,711 -28,033 -2,292 -4,678 591,917 -3,580 -31,613
2012-13 254,410 237,875 25,533 -8,998 12,295 -21,293 64 -7,464 620,610 -7,653 -28,946
2013-14 270,012 233,672 24,729 11,611 19,661 -8,050 2,660 626,000 31,497 23,447
2014-15 279,905 248,664 24,207 7,034 7,584 -550 -2,360 628,910 2,384 1,834
2015-16 292,608 263,568 21,837 7,203 10,064 -2,861 -2,669 634,440 -14,623 -17,484
2016-17 290,868 278,689 21,232 -9,053 9,904 -18,957 1,857 651,540 -9,012 -27,969
2017-18 311,216 297,936 21,889 -8,609 10,352 -18,961 -753 671,254 9,497 -9,464
2018-19 332,218 314,555 23,266 -5,603 8,361 -13,964 -232 685,450 601 -13,363
2019-20 334,131 338,467 24,447 -28,783 10,609 -39,392 3,482 721,360 -4,515 -43,907
2020-21 316,446 608,522 20,358 -312,434 15,295 -327,729 343 1,048,746 2,686 -325,043
2021-22 413,277 468,919 24,487 -80,129 10,186 -90,315 4,465 -5,379 1,139,975 5,887 -84,428
2022-23 447,815 438,555 34,955 -25,695 9,627 -35,322 4,847 -2,563 1,173,013 -30,828 -66,150
Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 onward are not directly comparable with earlier years.
(1) In 2019-20, the government began presenting actuarial gains and losses related to public sector pensions and other employee and veteran future benefits as a separate category of expenses titled "Net actuarial losses". Fiscal results for 2008-09 to 2018-19 have been reclassified to reflect this change.
(2) In 2022-23, the government adopted new accounting standards issued by the Public Sector Accounting Board concerning financial instruments. In accordance with these standards, the government began reporting remeasurement gains and losses for financial instruments measured at fair value, which are excluded from the calculation of the budgetary balance. In addition, the opening balance of the accumulated deficit for 2022-23 was increased by $2,563 million to reflect certain financial instruments at their fair values as of April 1, 2022, and to adjust the value of unmatured debt.
(3) In 2017-18, the government implemented, on a retroactive basis, a change in its methodology for the determination of the discount rate for unfunded future benefits. Fiscal results for 2008-09 to 2016-17 have been restated to reflect this change. The government recorded an increase of $875 million to the opening balance of the 2008-09 accumulated deficit to reflect the cumulative retroactive impact of this accounting change on the fiscal results of years prior to 2008-09.
(4) In 2011-12, the accumulated deficit increased by $3,337 million due to one-time adjustments related to enterprise Crown corporations' and other government business enterprises' transition from Canadian Generally Accepted Accounting Principles to International Financial Reporting Standards. In addition, the opening balance of the accumulated deficit in 2011-12 increased by $1,341 million to reflect the retroactive impact of a change in the government's approach for accounting for accumulated sick leave entitlements in 2012-13.
(5) The opening balance of the accumulated deficit in 2012-13 has been adjusted to reflect the retroactive impact of changes made in 2013-14 in the accounting for unamortized premiums and discounts arising on the buy-back of bonds ($5,669 million increase in the accumulated deficit), and in the accounting for loans expected to be repaid through future appropriations ($1,795 million increase in the accumulated deficit).
(6) Effective April 1, 2022, the government adopted the new Public Sector Accounting Standard PS 3280 Asset Retirement Obligations. The government applied a modified retroactive application approach, with restatement of prior year comparatives. This resulted in a $5,379-million increase in the accumulated deficit for 2021-22 to reflect adjustments to liability and asset values in accordance with the new standard.
Table 2
Fiscal transactions
(per cent of GDP)
Year Revenues Program expenses excluding net actuarial losses(1) Public debt charges Budgetary surplus or deficit (-) excluding net actuarial losses(1) Net actuarial losses(1) Budgetary surplus
or
deficit (-)
Net
remeasurement
gains (losses)
and other
comprehensive
income(2)
Adjustments to accumulated deficit(2)(3)(4)(5)(6) Accumulated deficit Non-
budgetary transactions
Financial requirement
(-)/ source
1966-67 15.0 13.9 1.8   -0.7 26.5 0.1 -0.7
1967-68 15.2 14.9 1.8 -1.5 26.1 0.7 -0.8
1968-69 15.7 14.7 1.9 -0.8 24.7 -1.6 -2.4
1969-70 17.1 14.9 2.0 0.2 22.3 -0.4 -0.2
1970-71 16.5 15.6 2.0 -1.1 21.8 -1.5 -2.6
1971-72 16.8 16.5 2.1 -1.8 21.7 -0.3 -2.1
1972-73 17.4 17.1 2.0 -1.7 21.1 0.4 -1.3
1973-74 17.3 17.0 1.9 -1.7 19.7 0.6 -1.0
1974-75 18.9 18.3 2.0 -1.4 18.0 0.4 -1.0
1975-76 18.2 19.5 2.2 -3.5 19.5 0.8 -2.7
1976-77 17.1 18.2 2.3 -3.3 20.2 0.9 -2.5
1977-78 15.7 18.0 2.4 -4.8 23.0 1.0 -3.8
1978-79 15.2 17.5 2.8 -5.2 26.0 -0.0 -5.2
1979-80 15.1 16.3 3.0 -4.2 26.9 1.5 -2.7
1980-81 16.5 17.7 3.3 -4.5 28.5 1.7 -2.8
1981-82 18.3 18.4 4.1 -4.3 29.2 1.2 -3.1
1982-83 17.4 20.5 4.4 -7.5 35.2 0.6 -6.9
 
1983-84 15.5 18.3 4.8     -7.7     37.3 1.9 -5.7
1984-85 15.6 18.2 5.4 -8.0 42.1 1.4 -6.6
1985-86 15.5 16.7 5.5 -6.7 45.6 0.8 -5.9
1986-87 16.5 16.7 5.5 -5.7 48.9 0.4 -5.2
1987-88 16.9 16.5 5.4 -5.1 49.9 0.6 -4.4
1988-89 17.0 15.8 5.7 -4.5 50.2 0.6 -3.8
1989-90 17.3 15.5 6.1 -4.3 51.2 1.7 -2.7
1990-91 17.2 15.6 6.5 -4.9 54.3 0.8 -4.0
1991-92 18.0 16.3 6.3 -4.6 58.4 0.2 -4.4
1992-93 17.3 17.0 5.8 -5.4 62.5 1.6 -3.9
1993-94 16.6 16.4 5.4 -5.2 65.3 0.7 -4.5
1994-95 16.5 15.6 5.6 -4.6 66.2 1.3 -3.3
1995-96 16.9 14.5 5.9 -3.6 66.6 0.8 -2.8
1996-97 17.4 12.9 5.5 -1.0 65.5 0.0 -1.0
1997-98 17.7 12.7 4.8 0.3 61.7 0.9 1.2
1998-99 17.6 12.4 4.6 0.6 58.9 0.1 0.8
1999-00 17.5 11.8 4.3 1.4 53.6 -0.5 1.0
2000-01 17.6 11.8 4.0 1.8 47.0 -0.9 0.9
2001-02 16.1 11.9 3.5 0.7 44.7 -0.7 0.0
2002-03 16.0 12.3 3.1 0.6 42.3 0.3 0.9
2003-04 16.0 12.4 2.9 0.7 39.5 -0.2 0.5
2004-05 16.0 13.4 2.6 0.1 37.0 0.3 0.4
2005-06 15.8 12.5 2.4 0.9 33.9 -0.5 0.4
2006-07 15.9 12.7 2.3 0.9 0.0 31.2 -0.3 0.7
2007-08 15.6 12.8 2.1 0.6 0.0 29.0 0.3 0.9
2008-09 14.3 12.7 1.7 -0.0 0.5 -0.6 -0.0 -0.1 28.2 -4.6 -5.1
2009-10 14.0 15.4 1.7 -3.1 0.5 -3.6 0.0 33.4 -1.0 -4.6
2010-11 14.4 14.3 1.7 -1.7 0.4 -2.1 0.1 33.4 -0.7 -2.8
2011-12 13.9 13.4 1.6 -1.1 0.4 -1.6 -0.1 -0.3 33.4 -0.2 -1.8
2012-13 13.9 13.0 1.4 -0.5 0.7 -1.2 0.0 -0.4 34.0 -0.4 -1.6
2013-14 14.2 12.3 1.3 0.6 1.0 -0.4 0.1 32.9 1.7 1.2
2014-15 14.0 12.5 1.2 0.4 0.4 -0.0 -0.1 31.5 0.1 0.1
2015-16 14.7 13.2 1.1 0.4 0.5 -0.1 -0.1 31.9 -0.7 -0.9
2016-17 14.4 13.8 1.0 -0.4 0.5 -0.9 0.1 32.2 -0.4 -1.4
2017-18 14.5 13.9 1.0 -0.4 0.5 -0.9 -0.0 31.4 0.4 -0.4
2018-19 14.9 14.1 1.0 -0.3 0.4 -0.6 -0.0 30.7 0.0 -0.6
2019-20 14.4 14.6 1.1 -1.2 0.5 -1.7 0.2 31.2 -0.2 -1.9
2020-21 14.3 27.5 0.9 -14.1 0.7 -14.8 0.0 47.5 0.1 -14.7
2021-22 16.5 18.7 1.0 -3.2 0.4 -3.6 0.2 -0.2 45.4 0.2 -3.4
2022-23 16.1 15.8 1.3 -0.9 0.3 -1.3 0.2 -0.1 42.2 -1.1 -2.4
Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 onward are not directly comparable with earlier years.
(1) In 2019-20, the government began presenting actuarial gains and losses related to public sector pensions and other employee and veteran future benefits as a separate category of expenses titled "Net actuarial losses". Fiscal results for 2008-09 to 2018-19 have been reclassified to reflect this change.
(2) In 2022-23, the government adopted new accounting standards issued by the Public Sector Accounting Board concerning financial instruments. In accordance with these standards, the government began reporting remeasurement gains and losses for financial instruments measured at fair value, which are excluded from the calculation of the budgetary balance. In addition, the opening balance of the accumulated deficit for 2022-23 was increased by $2,563 million to reflect certain financial instruments at their fair values as of April 1, 2022, and to adjust the value of unmatured debt.
(3) In 2017-18, the government implemented, on a retroactive basis, a change in its methodology for the determination of the discount rate for unfunded future benefits. Fiscal results for 2008-09 to 2016-17 have been restated to reflect this change. The government recorded an increase of $875 million to the opening balance of the 2008-09 accumulated deficit to reflect the cumulative retroactive impact of this accounting change on the fiscal results of years prior to 2008-09.
(4) In 2011-12, the accumulated deficit increased by $3,337 million due to one-time adjustments related to enterprise Crown corporations' and other government business enterprises' transition from Canadian Generally Accepted Accounting Principles to International Financial Reporting Standards. In addition, the opening balance of the accumulated deficit in 2011-12 increased by $1,341 million to reflect the retroactive impact of a change in the government's approach for accounting for accumulated sick leave entitlements in 2012-13.
(5) The opening balance of the accumulated deficit in 2012-13 has been adjusted to reflect the retroactive impact of changes made in 2013-14 in the accounting for unamortized premiums and discounts arising on the buy-back of bonds ($5,669 million increase in the accumulated deficit), and in the accounting for loans expected to be repaid through future appropriations ($1,795 million increase in the accumulated deficit).
(6) Effective April 1, 2022, the government adopted the new Public Sector Accounting Standard PS 3280 Asset Retirement Obligations. The government applied a modified retroactive application approach, with restatement of prior year comparatives. This resulted in a $5,379-million increase in the accumulated deficit for 2021-22 to reflect adjustments to liability and asset values in accordance with the new standard.
Table 3
Revenues
(millions of dollars)
Year Personal
income tax
Corporate
income tax
Non-resident
income tax
Other taxes
and duties
Total tax
revenues
Employment
Insurance
premiums
Proceeds from the pollution pricing framework Other revenues Total revenues
1966-67 3,050 1,743 305 3,628 8,726 343   906 9,975
1967-68 3,650 1,821 323 3,718 9,512 346   1,067 10,925
1968-69 4,334 2,213 318 3,747 10,612 432   1,276 12,320
1969-70 5,588 2,839 349 4,009 12,785 490   1,480 14,755
1970-71 6,395 2,426 378 4,060 13,259 493   1,635 15,387
1971-72 7,227 2,396 420 4,637 14,680 569   1,870 17,119
1972-73 8,378 2,920 353 5,272 16,923 745   2,140 19,808
1973-74 9,226 3,710 338 6,355 19,629 1,001   2,367 22,997
1974-75 11,710 4,836 434 8,506 25,486 1,585   2,894 29,965
1975-76 12,709 5,748 493 8,143 27,093 2,039   3,309 32,441
1976-77 14,634 5,363 521 8,637 29,155 2,470   3,658 35,283
1977-78 13,988 5,280 569 9,123 28,960 2,537   4,136 35,633
1978-79 14,656 5,654 645 9,697 30,652 2,783   4,779 38,214
1979-80 16,808 6,951 883 10,215 34,857 2,778   5,675 43,310
1980-81 19,837 8,106 966 11,661 40,570 3,303   9,308 53,181
1981-82 24,046 8,118 1,138 15,843 49,145 4,753   13,391 67,289
1982-83 26,330 7,139 1,130 15,776 50,375 4,900   12,155 67,430
 
1983-84 26,530 7,174 908 16,215 50,827 7,229   7,205 65,261
1984-85 28,455 9,234 1,021 18,177 56,887 7,676   7,436 71,999
1985-86 32,238 9,068 1,053 19,491 61,850 8,630   7,262 77,742
1986-87 36,733 9,732 1,355 21,049 68,869 9,667   8,210 86,746
1987-88 42,422 10,710 1,162 22,941 77,235 10,602   9,378 97,215
1988-89 45,456 11,549 1,578 25,771 84,354 11,107   10,888 106,349
1989-90 50,584 12,820 1,361 28,155 92,920 10,727   12,240 115,887
1990-91 56,201 11,545 1,372 24,067 93,185 12,551   13,949 119,685
1991-92 59,687 9,215 1,261 27,308 97,471 15,338   13,277 126,086
1992-93 58,331 7,095 1,191 26,771 93,388 17,576   13,522 124,486
1993-94 55,173 9,098 1,533 26,940 92,744 19,298   11,831 123,873
1994-95 60,648 10,969 1,700 27,457 100,774 18,293   11,724 130,791
1995-96 64,049 15,372 1,882 27,251 108,554 19,089   12,614 140,257
1996-97 67,796 16,235 2,671 29,204 115,906 19,949   14,034 149,889
1997-98 74,949 21,179 1,999 31,146 129,273 19,242   12,349 160,864
1998-99 77,894 21,213 2,208 31,717 133,032 19,064   13,424 165,520
1999-00 85,070 22,115 2,646 33,298 143,129 18,628   14,651 176,408
2000-01 92,662 28,293 2,982 35,769 159,706 18,655   15,988 194,349
2001-02 86,972 24,242 2,925 37,133 151,272 17,637   15,021 183,930
2002-03 89,530 22,222 3,291 41,357 156,400 17,870   16,300 190,570
2003-04 93,012 28,612 3,142 41,365 166,131 17,546   17,111 200,788
2004-05 98,620 31,422 3,560 42,857 176,459 17,307   20,471 214,237
2005-06 103,770 33,209 4,529 46,156 187,664 16,535   20,144 224,343
2006-07 110,575 39,361 4,877 45,317 200,130 16,789   21,478 238,397
2007-08 113,528 42,212 5,693 44,207 205,640 16,558   23,327 245,525
2008-09 116,612 31,243 6,298 39,806 193,959 16,887   26,440 237,286
2009-10 105,040 32,247 5,293 40,573 183,153 16,761   20,697 220,611
2010-11 114,661 31,953 5,137 42,903 194,654 17,501   27,100 239,255
2011-12 120,537 33,641 5,300 43,106 202,584 18,556   25,542 246,682
2012-13 125,728 34,986 5,073 43,551 209,338 20,395   24,677 254,410
2013-14 130,811 36,587 6,404 46,136 219,938 21,766   28,308 270,012
2014-15 135,743 39,447 6,216 47,182 228,588 22,564   28,753 279,905
2015-16 144,897 41,444 6,505 49,805 242,651 23,070   26,887 292,608
2016-17 143,680 42,216 7,071 51,348 244,315 22,125   24,428 290,868
2017-18 153,619 47,805 7,845 53,819 263,088 21,140   26,988 311,216
2018-19 163,881 50,368 9,370 57,227 280,846 22,295   29,077 332,218
2019-20 167,576 50,060 9,476 53,880 280,992 22,219 2,655 28,265 334,131
2020-21 174,755 54,112 8,107 46,954 283,928 22,392 4,380 5,746 316,446
2021-22 198,385 78,815 10,789 62,680 350,669 23,856 6,341 32,411 413,277
2022-23 207,872 93,945 13,187 64,224 379,228 26,914 8,041 33,632 447,815
Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 onward are not directly comparable with earlier years.
Table 4
Revenues
(per cent of GDP)
Year Personal income tax Corporate income tax Non-resident income tax Other taxes and duties Total tax revenues Employment
Insurance premiums
Proceeds from the pollution pricing framework Other revenues Total revenues
1966-67 4.6 2.6 0.5 5.4 13.1 0.5 1.4 15.0
1967-68 5.1 2.5 0.4 5.2 13.2 0.5 1.5 15.2
1968-69 5.5 2.8 0.4 4.8 13.5 0.6 1.6 15.7
1969-70 6.5 3.3 0.4 4.6 14.8 0.6 1.7 17.1
1970-71 6.9 2.6 0.4 4.4 14.2 0.5 1.8 16.5
1971-72 7.1 2.4 0.4 4.6 14.4 0.6 1.8 16.8
1972-73 7.4 2.6 0.3 4.6 14.9 0.7 1.9 17.4
1973-74 6.9 2.8 0.3 4.8 14.8 0.8 1.8 17.3
1974-75 7.4 3.1 0.3 5.4 16.1 1.0 1.8 18.9
1975-76 7.1 3.2 0.3 4.6 15.2 1.1 1.9 18.2
1976-77 7.1 2.6 0.3 4.2 14.2 1.2 1.8 17.1
1977-78 6.1 2.3 0.2 4.0 12.7 1.1 1.8 15.7
1978-79 5.8 2.2 0.3 3.8 12.2 1.1 1.9 15.2
1979-80 5.8 2.4 0.3 3.6 12.1 1.0 2.0 15.1
1980-81 6.1 2.5 0.3 3.6 12.6 1.0 2.9 16.5
1981-82 6.5 2.2 0.3 4.3 13.3 1.3 3.6 18.3
1982-83 6.8 1.8 0.3 4.1 13.0 1.3 3.1 17.4
 
1983-84 6.3 1.7 0.2 3.8 12.1 1.7   1.7 15.5
1984-85 6.2 2.0 0.2 3.9 12.3 1.7 1.6 15.6
1985-86 6.4 1.8 0.2 3.9 12.4 1.7 1.5 15.5
1986-87 7.0 1.8 0.3 4.0 13.1 1.8 1.6 16.5
1987-88 7.4 1.9 0.2 4.0 13.4 1.8 1.6 16.9
1988-89 7.3 1.8 0.3 4.1 13.5 1.8 1.7 17.0
1989-90 7.5 1.9 0.2 4.2 13.8 1.6 1.8 17.3
1990-91 8.1 1.7 0.2 3.5 13.4 1.8 2.0 17.2
1991-92 8.5 1.3 0.2 3.9 13.9 2.2 1.9 18.0
1992-93 8.1 1.0 0.2 3.7 13.0 2.4 1.9 17.3
1993-94 7.4 1.2 0.2 3.6 12.4 2.6 1.6 16.6
1994-95 7.7 1.4 0.2 3.5 12.7 2.3 1.5 16.5
1995-96 7.7 1.8 0.2 3.3 13.1 2.3 1.5 16.9
1996-97 7.9 1.9 0.3 3.4 13.5 2.3 1.6 17.4
1997-98 8.3 2.3 0.2 3.4 14.3 2.1 1.4 17.7
1998-99 8.3 2.3 0.2 3.4 14.1 2.0 1.4 17.6
1999-00 8.4 2.2 0.3 3.3 14.2 1.8 1.5 17.5
2000-01 8.4 2.6 0.3 3.2 14.4 1.7 1.4 17.6
2001-02 7.6 2.1 0.3 3.2 13.2 1.5 1.3 16.1
2002-03 7.5 1.9 0.3 3.5 13.1 1.5 1.4 16.0
2003-04 7.4 2.3 0.3 3.3 13.2 1.4 1.4 16.0
2004-05 7.4 2.4 0.3 3.2 13.2 1.3 1.5 16.0
2005-06 7.3 2.3 0.3 3.2 13.2 1.2 1.4 15.8
2006-07 7.4 2.6 0.3 3.0 13.4 1.1 1.4 15.9
2007-08 7.2 2.7 0.4 2.8 13.0 1.0 1.5 15.6
2008-09 7.0 1.9 0.4 2.4 11.7 1.0 1.6 14.3
2009-10 6.7 2.1 0.3 2.6 11.7 1.1 1.3 14.0
2010-11 6.9 1.9 0.3 2.6 11.7 1.1 1.6 14.4
2011-12 6.8 1.9 0.3 2.4 11.4 1.0 1.4 13.9
2012-13 6.9 1.9 0.3 2.4 11.5 1.1 1.4 13.9
2013-14 6.9 1.9 0.3 2.4 11.6 1.1 1.5 14.2
2014-15 6.8 2.0 0.3 2.4 11.5 1.1 1.4 14.0
2015-16 7.3 2.1 0.3 2.5 12.2 1.2 1.4 14.7
2016-17 7.1 2.1 0.3 2.5 12.1 1.1 1.2 14.4
2017-18 7.2 2.2 0.4 2.5 12.3 1.0 1.3 14.5
2018-19 7.3 2.3 0.4 2.6 12.6 1.0 1.3 14.9
2019-20 7.2 2.2 0.4 2.3 12.1 1.0 0.1 1.2 14.4
2020-21 7.9 2.4 0.4 2.1 12.8 1.0 0.2 0.3 14.3
2021-22 7.9 3.1 0.4 2.5 14.0 1.0 0.3 1.3 16.5
2022-23 7.5 3.4 0.5 2.3 13.6 1.0 0.3 1.2 16.1
Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 onward are not directly comparable with earlier years.
Table 5
Revenues
(per cent of total)
Year Personal income tax Corporate income tax Non-resident income tax Other taxes and duties Total tax revenues Employment
Insurance premiums
Proceeds from the pollution pricing framework Other revenues Total revenues
1966-67 30.6 17.5 3.1 36.4 87.5 3.4   9.1 100.0
1967-68 33.4 16.7 3.0 34.0 87.1 3.2   9.8 100.0
1968-69 35.2 18.0 2.6 30.4 86.1 3.5   10.4 100.0
1969-70 37.9 19.2 2.4 27.2 86.6 3.3   10.0 100.0
1970-71 41.6 15.8 2.5 26.4 86.2 3.2   10.6 100.0
1971-72 42.2 14.0 2.5 27.1 85.8 3.3   10.9 100.0
1972-73 42.3 14.7 1.8 26.6 85.4 3.8   10.8 100.0
1973-74 40.1 16.1 1.5 27.6 85.4 4.4   10.3 100.0
1974-75 39.1 16.1 1.4 28.4 85.1 5.3   9.7 100.0
1975-76 39.2 17.7 1.5 25.1 83.5 6.3   10.2 100.0
1976-77 41.5 15.2 1.5 24.5 82.6 7.0   10.4 100.0
1977-78 39.3 14.8 1.6 25.6 81.3 7.1   11.6 100.0
1978-79 38.4 14.8 1.7 25.4 80.2 7.3   12.5 100.0
1979-80 38.8 16.0 2.0 23.6 80.5 6.4   13.1 100.0
1980-81 37.3 15.2 1.8 21.9 76.3 6.2   17.5 100.0
1981-82 35.7 12.1 1.7 23.5 73.0 7.1   19.9 100.0
1982-83 39.0 10.6 1.7 23.4 74.7 7.3   18.0 100.0
 
1983-84 40.7 11.0 1.4 24.8 77.9 11.1   11.0 100.0
1984-85 39.5 12.8 1.4 25.2 79.0 10.7   10.3 100.0
1985-86 41.5 11.7 1.4 25.1 79.6 11.1   9.3 100.0
1986-87 42.3 11.2 1.6 24.3 79.4 11.1   9.5 100.0
1987-88 43.6 11.0 1.2 23.6 79.4 10.9   9.6 100.0
1988-89 42.7 10.9 1.5 24.2 79.3 10.4   10.2 100.0
1989-90 43.6 11.1 1.2 24.3 80.2 9.3   10.6 100.0
1990-91 47.0 9.6 1.1 20.1 77.9 10.5   11.7 100.0
1991-92 47.3 7.3 1.0 21.7 77.3 12.2   10.5 100.0
1992-93 46.9 5.7 1.0 21.5 75.0 14.1   10.9 100.0
1993-94 44.5 7.3 1.2 21.7 74.9 15.6   9.6 100.0
1994-95 46.4 8.4 1.3 21.0 77.0 14.0   9.0 100.0
1995-96 45.7 11.0 1.3 19.4 77.4 13.6   9.0 100.0
1996-97 45.2 10.8 1.8 19.5 77.3 13.3   9.4 100.0
1997-98 46.6 13.2 1.2 19.4 80.4 12.0   7.7 100.0
1998-99 47.1 12.8 1.3 19.2 80.4 11.5   8.1 100.0
1999-00 48.2 12.5 1.5 18.9 81.1 10.6   8.3 100.0
2000-01 47.7 14.6 1.5 18.4 82.2 9.6   8.2 100.0
2001-02 47.3 13.2 1.6 20.2 82.2 9.6   8.2 100.0
2002-03 47.0 11.7 1.7 21.7 82.1 9.4   8.6 100.0
2003-04 46.3 14.2 1.6 20.6 82.7 8.7   8.5 100.0
2004-05 46.0 14.7 1.7 20.0 82.4 8.1   9.6 100.0
2005-06 46.3 14.8 2.0 20.6 83.7 7.4   9.0 100.0
2006-07 46.4 16.5 2.0 19.0 83.9 7.0   9.0 100.0
2007-08 46.2 17.2 2.3 18.0 83.8 6.7   9.5 100.0
2008-09 49.1 13.2 2.7 16.8 81.7 7.1   11.1 100.0
2009-10 47.6 14.6 2.4 18.4 83.0 7.6   9.4 100.0
2010-11 47.9 13.4 2.1 17.9 81.4 7.3   11.3 100.0
2011-12 48.9 13.6 2.1 17.5 82.1 7.5   10.4 100.0
2012-13 49.4 13.8 2.0 17.1 82.3 8.0   9.7 100.0
2013-14 48.4 13.6 2.4 17.1 81.5 8.1   10.5 100.0
2014-15 48.5 14.1 2.2 16.9 81.7 8.1   10.3 100.0
2015-16 49.5 14.2 2.2 17.0 82.9 7.9   9.2 100.0
2016-17 49.4 14.5 2.4 17.7 84.0 7.6   8.4 100.0
2017-18 49.4 15.4 2.5 17.3 84.5 6.8   8.7 100.0
2018-19 49.3 15.2 2.8 17.2 84.5 6.7   8.8 100.0
2019-20 50.2 15.0 2.8 16.1 84.1 6.6 0.8 8.5 100.0
2020-21 55.2 17.1 2.6 14.8 89.7 7.1 1.4 1.8 100.0
2021-22 48.0 19.1 2.6 15.2 84.9 5.8 1.5 7.8 100.0
2022-23 46.4 21.0 2.9 14.3 84.7 6.0 1.8 7.5 100.0
Due to a break in the series following the introduction of full accrual accounting, data from 1983-84 onward are not directly comparable with earlier years.

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