Lower middle income - Goods and services expense

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Lower middle income was 15.44 as of 2018. Its highest value over the past 15 years was 17.72 in 2014, while its lowest value was 13.29 in 2004.

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
2003 14.58
2004 13.29
2009 14.90
2010 14.37
2011 14.53
2012 15.98
2013 16.71
2014 17.72
2015 16.88
2016 16.46
2017 16.28
2018 15.44

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance