Expense in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Expense was 32.2% in 2023. ▲ Rising
Expense in Europe & Central Asia (excluding high income), 1997–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Europe & Central Asia (excluding high income) is 32.2%, measured in 2023.
That represents a change of up 11.7% on the previous year and up 19.7% over ten years.
Over the whole period, expense in Europe & Central Asia (excluding high income) peaked at 34.8% in 2009 and was at its lowest, 20.0%, in 1997.
That places Europe & Central Asia (excluding high income) 7th out of 26 groups with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Expense in Europe & Central Asia (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 20.0% | — |
| 1998 | 21.1% | +5.3% |
| 2008 | 30.4% | +44.1% |
| 2009 | 34.8% | +14.2% |
| 2010 | 30.3% | -12.7% |
| 2011 | 27.2% | -10.4% |
| 2012 | 27.3% | +0.5% |
| 2013 | 26.9% | -1.4% |
| 2014 | 27.7% | +2.7% |
| 2015 | 27.1% | -2.2% |
| 2016 | 28.0% | +3.4% |
| 2017 | 28.8% | +2.9% |
| 2018 | 28.9% | +0.4% |
| 2019 | 30.3% | +4.7% |
| 2020 | 30.8% | +1.9% |
| 2021 | 28.2% | -8.7% |
| 2022 | 28.9% | +2.5% |
| 2023 | 32.2% | +11.7% |
Biggest year-on-year movements
Years where Expense in Europe & Central Asia (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +44.1% | 21.1% | 30.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.6% | 20.0% | 21.1% | 2 |
| 2000s | 32.6% | 30.4% | 34.8% | 2 |
| 2010s | 28.3% | 26.9% | 30.3% | 10 |
| 2020s | 30.0% | 28.2% | 32.2% | 4 |
Countries ranked near Europe & Central Asia (excluding high income)
More economy & growth data for Europe & Central Asia (excluding high income)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0062 BoP, current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1.77 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,786 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1606 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 15.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 68.56 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 20.44 BoP, current US$ per person (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 5.18 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0018 BoP, current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7534 current US$ per US$ of GDP (2025)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is expense in Europe & Central Asia (excluding high income)?
- Expense in Europe & Central Asia (excluding high income) was 32.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Europe & Central Asia (excluding high income)?
- The highest recorded value was 34.8% in 2009.
- What is the lowest expense recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 20.0% in 1997.
- How does Europe & Central Asia (excluding high income) rank for expense?
- Europe & Central Asia (excluding high income) ranks 7th out of 26 groups with data for 2023.
- Is expense rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (excluding high income) 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.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.