FFB – Flanders Finance & Budget

Budget Revenues

    The revenues of the Flemish Community amount to 57 billion euros in the 2023 initial budget (IB), which is 5 billion euros more compared to the estimate in the 2022 adjusted budget (AB) and 9 billion euros more compared to the realisation (REA) in 2021.

    The major revenue items for the Flemish Community in the 2023 initial budget are:

    • community grants (52%) and regional grants (6%) from the Special Finance Act (SFA)
    • gross supplementary income tax charge (surcharges) (16.6%)
    • regional taxes (13.4%)
    Revenues (2021-2023; in thousands of euros)
    IB¹ 2023 AB² 2022 REA³ 2021
    Community grants SFA 29,628,434 26,562,649 24,034,444
    Gross supplementary income tax charge (surcharges) 9,452,698 8,159,601 7,886,600
    Regional taxes 7,658,340 7,455,366 7,461,542
    Institutions consolidation circle 5,050,705 5,005,458 4,630,754
    Regional grants SFA 3,437,513 3,070,340 2,534,109
    Other income (allocated and non-allocated) 1,633,157 1,664,991 1,305,816
    Specific allocations 157,589 141,400 135,287
    TOTAL 57,018,437 52,059,806 47,988,552

    ¹IB: initial budget; ²AB: adjusted budget; ³REA: realisation

    Revenues (IB 2023)

    Want to know more? Read all about it in our Revenues IB 2023 document.
    Revenues IB 2023
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