Table 3 Dynamics of revenues of Consolidated Budget of Ukraine
for 2011-2017 (in % to the previous year)
Indicators
2011
2012
2013
2014
2015
2016
2017
Revenue of Consolidated Budget of
Ukraine including:
126.7
111.8
99.4
103.0
143.0 120.1
129.9
Tax revenues
142.8
107.7
98.2
103.8
138.1 128.2
127.3
Non-tax revenues
81.3
134.9 105.0
94.9
173.9
89.5
123.1
Source: Calculated by the author according to [3; 10; 14]
The data in Table 3 shows positive dynamics of almost all indicators, because
only in 2013, tax revenues were lower than planned, which was offset by non-tax
revenues. Tax and non-tax revenues of the budget are respectively: in 2014 - 80.6%
and 17.7%; in 2015 - 77.8% and 21.5%, in 2016 - 83.1% and 16.0%, in 2017 - 82.2%
and 17.3% respectively. At first glance, it positively characterizes country financial
and economic situation, because according to official statistics, in 2014, data of budget
reporting for the 1st quarter of 2014 Autonomous Republic of Crimea and Sevastopol,
as well as temporarily uncontrolled territories of the ATO zone, are considered. It is
suggested that effective formation of revenue part of the budget, even taking into
account the loss of a significant tax base, as the structure of budget revenues in terms
of tax and non-tax revenues remains more or less stable in comparison with previous
years [24, p. 213]. At the same time, see Table. 1. The dynamics of Consolidated
Budget revenues and its tax and non-tax revenues do not reflect actual picture of these
processes, because it does not consider inflation. Therefore, it is expedient to consider
changes in Consolidated Budget revenues taking into account deflator index (Table 4).
Table 4 Dynamics of revenues of Consolidated Budget of Ukraine for 2011-
2017 taking inflation into account (as a percentage of the previous year)
Indicators
2011
2012
2013
2014
2015
2016
2017
Revenue of
Consolidated Budget
of Ukraine:
110,9
103,5
95,3
88,9
103,0
102,6
117,2
Including
Tax revenues
125,0
99,7
94,2
89,6
99,4
109,5
114,9
Non-tax revenues
71,2
124,9
100,7
81,9
125,2
76,4
111,1
Source: Calculated by the author considering the data [11]
Consequently, taking into consideration inflation, dynamics of Consolidated
Budget of Ukraine incomes (Table 4) does not have the pace shown by the data of
Table. 3. Therefore, we can summarize that positive dynamics of revenues associated
with rising inflation, with extensive quantitative financial and economic factors, rather
than intensive qualitative shifts. However, significant increase in tax revenues in 2016
caused by legislative changes that were adopted at the end of 2015 touched a single fee
for obligatory state social insurance and introduced a single size for all of 22% and
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