OECD members - Goods and services expense

Goods and services expense (% of expense)

Goods and services expense (% of expense) in OECD members was 8.37 as of 2019. Its highest value over the past 47 years was 17.20 in 1972, while its lowest value was 7.63 in 1999.

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.

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Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance