World - Expense

Expense (% of GDP)

Expense (% of GDP) in World was 27.93 as of 2019. Its highest value over the past 21 years was 29.32 in 2009, while its lowest value was 24.69 in 1998.

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
1998 24.69
2008 26.80
2009 29.32
2010 29.27
2011 28.18
2012 28.05
2013 27.71
2014 27.51
2015 27.58
2016 27.42
2017 27.35
2018 27.21
2019 27.93

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance