Government and Membership Organizations

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Although public revenue growth pace was above double-digit level in 2018, weaker household consumption and a fiscal stimulus package affected the industry’s turnover. Throughout 2018 and the first half of 2019, China was actively enacting different ...

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The industry showed signs of recovery in 2018, although the growth rate remained weak reflecting poor tax collection due to deteriorating economic conditions in Japan. The country’s real GDP growth halved during the year, mainly due to weaker ...

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Government and membership organizations revenues recovered sharply in 2018 after weak prior years, as rising oil prices, and thus recovering economy, as well as newly introduced taxes offered additional public institutions funding possibilities. Over...

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In 2018, the turnover of the Turkish government and membership organisations grew strongly, driven by overall inflation in the country. Although turnover grew in nominal terms, in real terms the industry remained stagnant. Turkey’s economic ...

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Government and membership organisations’ turnover grew further in 2018, continuing a long-term trend. South Korea was successful in increasing public organisation revenues during the year, thanks to a change in government policy towards greater ...

Australian public revenues grew for the third consecutive year in 2018. Better than expected tax revenue collection lifted Australian public spending, although some pressures were also present. During the year, government revenues were boosted by ...

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