Expense in Euro area
Euro area: Expense was 40.0% in 2022. ▲ Rising
Expense in Euro area, 1972–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, expense in Euro area stood at 40.0%.
That represents a change of down 4.2% on the previous year and up 1.3% over ten years.
Over the whole period, expense in Euro area peaked at 44.0% in 1995 and was at its lowest, 23.0%, in 1972.
The long-run direction has been consistently rising across the 51 years of available data.
Expense in Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 23.0% | — |
| 1973 | 24.5% | +6.4% |
| 1974 | 25.7% | +4.7% |
| 1975 | 28.4% | +10.5% |
| 1976 | 28.4% | +0.3% |
| 1977 | 28.9% | +1.6% |
| 1978 | 30.1% | +4.0% |
| 1979 | 30.6% | +1.7% |
| 1980 | 31.9% | +4.2% |
| 1981 | 31.9% | +0.0% |
| 1982 | 33.2% | +4.2% |
| 1983 | 33.4% | +0.5% |
| 1984 | 33.5% | +0.5% |
| 1985 | 33.8% | +0.7% |
| 1986 | 35.5% | +5.2% |
| 1987 | 35.9% | +1.0% |
| 1988 | 34.6% | -3.7% |
| 1989 | 34.0% | -1.6% |
| 1990 | 34.2% | +0.7% |
| 1991 | 36.7% | +7.2% |
| 1992 | 38.0% | +3.6% |
| 1993 | 39.3% | +3.3% |
| 1994 | 38.7% | -1.5% |
| 1995 | 44.0% | +13.7% |
| 1996 | 41.4% | -5.8% |
| 1997 | 40.5% | -2.2% |
| 1998 | 39.1% | -3.4% |
| 1999 | 38.8% | -0.8% |
| 2000 | 37.9% | -2.3% |
| 2001 | 37.9% | -0.1% |
| 2002 | 38.2% | +0.7% |
| 2003 | 38.5% | +0.8% |
| 2004 | 36.9% | -4.2% |
| 2005 | 36.7% | -0.4% |
| 2006 | 36.2% | -1.6% |
| 2007 | 35.6% | -1.6% |
| 2008 | 36.4% | +2.4% |
| 2009 | 39.7% | +9.1% |
| 2010 | 40.1% | +0.8% |
| 2011 | 38.5% | -3.9% |
| 2012 | 39.5% | +2.7% |
| 2013 | 39.5% | +0.0% |
| 2014 | 39.1% | -1.2% |
| 2015 | 38.2% | -2.1% |
| 2016 | 37.8% | -1.2% |
| 2017 | 37.5% | -0.8% |
| 2018 | 37.0% | -1.2% |
| 2019 | 36.8% | -0.6% |
| 2020 | 42.8% | +16.2% |
| 2021 | 41.8% | -2.4% |
| 2022 | 40.0% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.4% | 23.0% | 30.6% | 8 |
| 1980s | 33.8% | 31.9% | 35.9% | 10 |
| 1990s | 39.1% | 34.2% | 44.0% | 10 |
| 2000s | 37.4% | 35.6% | 39.7% | 10 |
| 2010s | 38.4% | 36.8% | 40.1% | 10 |
| 2020s | 41.5% | 40.0% | 42.8% | 3 |
Countries ranked near Euro area
More economy & growth data for Euro area
- Industry (including construction), value added 2.84 trillion constant 2015 US$ (2025)
- External balance on goods and services 3.9% (2025)
- Trade 87.3% (2025)
- Agriculture, forestry, and fishing, value added 179.81 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 1.7% (2025)
- Manufacturing, value added 2.54 trillion current US$ (2025)
- Manufacturing, value added 2.04 trillion constant 2015 US$ (2025)
- Manufacturing, value added 14.1% (2025)
- Industry (including construction), value added 3.92 trillion current US$ (2025)
- Services, value added 66.6% (2025)
Frequently asked questions
- What is expense in Euro area?
- Expense in Euro area was 40.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Euro area?
- The highest recorded value was 44.0% in 1995.
- What is the lowest expense recorded in Euro area?
- The lowest recorded value was 23.0% in 1972.
- How does Euro area rank for expense?
- Euro area ranks 1st out of 2 groups with data for 2022.
- Is expense rising or falling in Euro area?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is rising.
- Where does this Euro area data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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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.