Latin America & Caribbean (excluding high income) vs United Kingdom: Expense
Expense over time
- Latin America & Caribbean (excluding high income)
- United Kingdom
How they compare
United Kingdom currently reports 41.2% against 27.6% in Latin America & Caribbean (excluding high income), a difference of 13.6%.
That makes United Kingdom's figure about 1.5 times Latin America & Caribbean (excluding high income)'s.
Across all 14 years both countries report, United Kingdom has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 15th and United Kingdom ranks 15th of 26 groups.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 25.9% | 39.4% | 13.5% | United Kingdom |
| 2020s | 27.7% | 43.1% | 15.4% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Latin America & Caribbean (excluding high income) or United Kingdom?
- United Kingdom, at 41.2% against 27.6% in Latin America & Caribbean (excluding high income) as of 2023.
- What is the difference in expense between Latin America & Caribbean (excluding high income) and United Kingdom?
- 13.6%, with United Kingdom ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and United Kingdom?
- 14 years are reported by both, from 2010 to 2023.
- How do Latin America & Caribbean (excluding high income) and United Kingdom rank globally for expense?
- Latin America & Caribbean (excluding high income) ranks 15th and United Kingdom ranks 15th of 26 groups.
- 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.
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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.