Euro area - Expense

Expense (% of GDP)

Expense (% of GDP) in Euro area was 37.07 as of 2019. Its highest value over the past 47 years was 43.94 in 1995, while its lowest value was 22.99 in 1972.

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 22.99
1973 24.49
1974 25.63
1975 28.32
1976 28.40
1977 28.86
1978 30.01
1979 30.54
1980 31.81
1981 31.78
1982 33.09
1983 33.25
1984 33.44
1985 33.68
1986 35.50
1987 35.85
1988 34.52
1989 33.98
1990 34.19
1991 36.83
1992 38.09
1993 39.44
1994 38.87
1995 43.94
1996 41.35
1997 40.49
1998 39.07
1999 38.79
2000 37.90
2001 37.86
2002 38.13
2003 38.49
2004 37.78
2005 37.89
2006 37.31
2007 36.56
2008 37.34
2009 40.66
2010 41.13
2011 39.42
2012 39.73
2013 39.92
2014 39.51
2015 38.93
2016 38.50
2017 37.52
2018 37.16
2019 37.07

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance