Belgium vs Latin America & Caribbean: Expense
Belgium
39.7%
in 2022
Latin America & Caribbean
27.6%
in 2023
Belgium rank
20th
Latin America & Caribbean rank
17th
Expense over time
- Belgium
- Latin America & Caribbean
How they compare
Belgium currently reports 39.7% against 27.6% in Latin America & Caribbean, a difference of 12.1%.
That makes Belgium's figure about 1.4 times Latin America & Caribbean's.
Across all 13 years both countries report, Belgium has been ahead every year.
Belgium ranks 20th and Latin America & Caribbean ranks 17th of 157 countries.
Belgium has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Belgium | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 42.6% | 25.7% | 17.0% | Belgium |
| 2020s | 41.6% | 27.7% | 13.9% | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Belgium or Latin America & Caribbean?
- Belgium, at 39.7% against 27.6% in Latin America & Caribbean as of 2022.
- What is the difference in expense between Belgium and Latin America & Caribbean?
- 12.1%, with Belgium ahead.
- How many years of comparable data are there for Belgium and Latin America & Caribbean?
- 13 years are reported by both, from 2010 to 2022.
- How do Belgium and Latin America & Caribbean rank globally for expense?
- Belgium ranks 20th and Latin America & Caribbean ranks 17th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.