Greece - Expense

Expense (current LCU)

The value for Expense (current LCU) in Greece was 109,398,000,000 as of 2011. As the graph below shows, over the past 16 years this indicator reached a maximum value of 120,371,000,000 in 2009 and a minimum value of 39,682,000,000 in 1995.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1995 39,682,000,000
1996 41,929,000,000
1997 46,945,000,000
1998 50,304,000,000
1999 53,278,000,000
2000 60,371,000,000
2001 63,911,000,000
2002 67,238,000,000
2003 72,398,000,000
2004 79,091,000,000
2005 82,474,000,000
2006 89,573,000,000
2007 100,833,000,000
2008 111,931,000,000
2009 120,371,000,000
2010 111,651,000,000
2011 109,398,000,000

Expense (% of GDP)

Expense (% of GDP) in Greece was 52.46 as of 2011. Its highest value over the past 16 years was 52.46 in 2011, while its lowest value was 42.37 in 2003.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 44.72
1996 43.00
1997 43.51
1998 42.88
1999 42.62
2000 44.70
2001 44.05
2002 43.33
2003 42.37
2004 43.08
2005 42.72
2006 42.94
2007 45.18
2008 48.00
2009 52.09
2010 50.26
2011 52.46

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance