Ethiopia - Goods and services expense (% of expense)

Goods and services expense (% of expense) in Ethiopia was 19.80 as of 2019. Its highest value over the past 29 years was 43.08 in 1990, while its lowest value was 12.81 in 2012.

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
1990 43.08
1991 35.54
1992 35.05
1993 29.73
1994 29.65
1995 35.06
1996 32.94
1997 31.27
1998 26.33
1999 42.17
2001 22.08
2002 28.34
2003 18.44
2004 23.15
2005 18.83
2006 34.17
2007 35.30
2008 15.64
2009 20.91
2010 21.48
2011 19.85
2012 12.81
2013 17.07
2014 21.03
2015 18.77
2016 19.19
2017 18.70
2018 18.83
2019 19.80

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