Belarus - Goods and services expense (% of expense)

Goods and services expense (% of expense) in Belarus was 13.58 as of 2019. Its highest value over the past 27 years was 61.03 in 1994, while its lowest value was 9.85 in 2010.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
1992 40.89
1993 54.19
1994 61.03
1995 39.32
1996 24.16
1997 22.62
1998 19.49
1999 15.04
2000 14.33
2001 14.48
2002 12.46
2003 16.85
2004 18.93
2005 11.77
2006 15.40
2007 13.89
2008 11.85
2009 11.51
2010 9.85
2011 10.23
2012 11.51
2013 11.55
2014 12.52
2015 11.14
2016 10.41
2017 13.36
2018 14.29
2019 13.58

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: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance