Latin America & Caribbean vs Slovakia: Expense

Latin America & Caribbean
27.6%
in 2023
Slovakia
39.8%
in 2022
Latin America & Caribbean rank
17th
Slovakia rank
19th

Expense over time

  • Latin America & Caribbean
  • Slovakia
0204060199520092023

How they compare

Slovakia currently reports 39.8% against 27.6% in Latin America & Caribbean, a difference of 12.2%.

That makes Slovakia's figure about 1.4 times Latin America & Caribbean's.

Across all 13 years both countries report, Slovakia has been ahead every year.

Latin America & Caribbean ranks 17th and Slovakia ranks 19th of 26 groups.

Slovakia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Latin America & Caribbean Slovakia Difference Ahead
2010s 25.7% 39.1% 13.4% Slovakia
2020s 27.7% 41.4% 13.8% Slovakia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Latin America & Caribbean or Slovakia?
Slovakia, at 39.8% against 27.6% in Latin America & Caribbean as of 2022.
What is the difference in expense between Latin America & Caribbean and Slovakia?
12.2%, with Slovakia ahead.
How many years of comparable data are there for Latin America & Caribbean and Slovakia?
13 years are reported by both, from 2010 to 2022.
How do Latin America & Caribbean and Slovakia rank globally for expense?
Latin America & Caribbean ranks 17th and Slovakia ranks 19th 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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Latin America & Caribbean vs Slovakia: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/latin-america-and-caribbean/slovak-republic/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.