Greece - Expense

Expense (current LCU)

The value for Expense (current LCU) in Greece was 93,837,000,000 as of 2015. As the graph below shows, over the past 43 years this indicator reached a maximum value of 122,840,000,000 in 2009 and a minimum value of 239,148,900 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.

Year Value
1972 239,148,900
1973 307,028,600
1974 406,016,100
1975 480,616,300
1976 646,661,800
1977 794,218,600
1978 961,760,800
1979 1,183,037,000
1980 1,521,262,000
1981 2,057,872,000
1982 3,607,278,000
1983 3,496,963,000
1984 4,963,433,000
1985 6,120,587,000
1986 7,272,017,000
1987 8,959,119,000
1988 10,834,100,000
1989 14,440,730,000
1990 19,258,550,000
1995 41,662,000,000
1996 45,511,000,000
1997 49,113,000,000
1998 54,110,000,000
1999 56,598,000,000
2000 61,222,000,000
2001 65,246,000,000
2002 69,355,000,000
2003 75,922,000,000
2004 84,938,000,000
2005 86,415,000,000
2006 93,348,000,000
2007 103,548,000,000
2008 115,531,000,000
2009 122,840,000,000
2010 114,979,000,000
2011 112,546,000,000
2012 105,835,000,000
2013 109,081,000,000
2014 87,789,000,000
2015 93,837,000,000

Expense (% of GDP)

Expense (% of GDP) in Greece was 53.22 as of 2015. Its highest value over the past 43 years was 60.38 in 2013, while its lowest value was 15.81 in 1973.

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 16.09
1973 15.81
1974 18.20
1975 17.90
1976 19.36
1977 20.31
1978 20.15
1979 19.98
1980 21.40
1981 24.18
1982 33.70
1983 27.38
1984 31.25
1985 31.58
1986 31.40
1987 34.34
1988 34.13
1989 38.27
1990 42.29
1995 44.77
1996 44.17
1997 42.81
1998 43.20
1999 42.30
2000 43.34
2001 42.87
2002 42.43
2003 42.44
2004 43.85
2005 43.37
2006 42.85
2007 44.50
2008 47.74
2009 51.71
2010 50.87
2011 54.36
2012 55.35
2013 60.38
2014 49.14
2015 53.22

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance