Ireland - Expense (% of GDP)

Expense (% of GDP) in Ireland was 22.16 as of 2019. Its highest value over the past 47 years was 62.37 in 2010, while its lowest value was 22.16 in 2019.

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
1972 28.66
1973 28.65
1974 31.53
1975 34.82
1976 35.32
1977 34.10
1978 35.36
1979 36.92
1980 40.29
1981 42.17
1982 45.58
1983 46.50
1984 45.03
1985 45.86
1986 45.03
1987 44.71
1988 41.08
1989 35.17
1990 35.74
1991 37.12
1992 37.58
1993 37.63
1994 37.12
1995 37.21
1996 35.36
1997 33.07
1998 31.10
1999 29.41
2000 27.69
2001 28.98
2002 29.47
2003 29.73
2004 29.72
2005 30.43
2006 30.66
2007 31.93
2008 37.07
2009 44.04
2010 62.37
2011 44.25
2012 40.03
2013 38.45
2014 35.18
2015 27.42
2016 26.18
2017 24.66
2018 23.55
2019 22.16

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance