Latin America & Caribbean vs United Kingdom of Great Britain and Northern Ireland: Expense
Expense over time
- Latin America & Caribbean
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 41.2% against 27.6% in Latin America & Caribbean, a difference of 13.6%.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.5 times Latin America & Caribbean's.
Across all 14 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Latin America & Caribbean ranks 17th and United Kingdom of Great Britain and Northern Ireland ranks 15th of 26 groups.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 25.7% | 39.4% | 13.8% | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 27.6% | 43.1% | 15.4% | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Latin America & Caribbean or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 41.2% against 27.6% in Latin America & Caribbean as of 2023.
- What is the difference in expense between Latin America & Caribbean and United Kingdom of Great Britain and Northern Ireland?
- 13.6%, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Latin America & Caribbean and United Kingdom of Great Britain and Northern Ireland?
- 14 years are reported by both, from 2010 to 2023.
- How do Latin America & Caribbean and United Kingdom of Great Britain and Northern Ireland rank globally for expense?
- Latin America & Caribbean ranks 17th and United Kingdom of Great Britain and Northern Ireland 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.