North America - Expense

Expense (% of GDP)

Expense (% of GDP) in North America was 32.99 as of 2020. Its highest value over the past 48 years was 32.99 in 2020, while its lowest value was 17.80 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 17.80
1973 17.90
1974 17.88
1975 19.47
1976 19.73
1977 19.60
1978 19.12
1979 18.92
1980 20.54
1981 21.00
1982 22.46
1983 22.80
1984 21.47
1985 22.17
1986 22.23
1987 21.37
1988 21.03
1989 20.86
1990 21.78
1991 23.10
1992 22.14
1993 21.74
1994 21.00
1995 20.79
1996 20.21
1997 19.47
1998 18.85
1999 18.25
2000 18.00
2001 19.45
2002 19.90
2003 20.44
2004 20.19
2005 20.50
2006 20.29
2007 20.56
2008 22.39
2009 25.06
2010 25.56
2011 24.80
2012 23.45
2013 22.52
2014 22.19
2015 22.01
2016 22.12
2017 21.88
2018 21.90
2019 22.27
2020 32.99

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance