Expense in European Union
European Union: Expense was 39.3% in 2022. ▲ Rising
Expense in European Union, 1973–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in European Union is 39.3%, measured in 2022.
Compared with earlier readings it is down 4.2% on the previous year and up 0.6% over ten years.
Over the whole period, expense in European Union peaked at 43.7% in 1995 and was at its lowest, 24.5%, in 1973.
The long-run direction has been consistently rising across the 50 years of available data.
Expense in European Union, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1973 | 24.5% | — |
| 1974 | 25.7% | +4.9% |
| 1975 | 28.3% | +9.9% |
| 1976 | 28.4% | +0.5% |
| 1977 | 29.0% | +2.0% |
| 1978 | 30.2% | +4.1% |
| 1979 | 30.8% | +2.0% |
| 1980 | 32.0% | +4.2% |
| 1981 | 32.7% | +1.9% |
| 1982 | 33.7% | +3.3% |
| 1983 | 33.9% | +0.5% |
| 1984 | 34.0% | +0.2% |
| 1985 | 34.4% | +1.3% |
| 1986 | 35.9% | +4.2% |
| 1987 | 36.1% | +0.6% |
| 1988 | 34.8% | -3.6% |
| 1989 | 34.3% | -1.3% |
| 1990 | 34.5% | +0.4% |
| 1991 | 36.8% | +6.6% |
| 1992 | 38.2% | +3.9% |
| 1993 | 39.4% | +3.0% |
| 1994 | 38.6% | -1.8% |
| 1995 | 43.7% | +13.0% |
| 1996 | 41.4% | -5.2% |
| 1997 | 40.2% | -2.9% |
| 1998 | 39.0% | -3.0% |
| 1999 | 38.6% | -0.9% |
| 2000 | 37.7% | -2.4% |
| 2001 | 37.7% | -0.0% |
| 2002 | 37.9% | +0.7% |
| 2003 | 38.2% | +0.8% |
| 2004 | 36.7% | -4.1% |
| 2005 | 36.5% | -0.5% |
| 2006 | 35.9% | -1.6% |
| 2007 | 35.4% | -1.4% |
| 2008 | 36.2% | +2.3% |
| 2009 | 39.4% | +8.8% |
| 2010 | 39.6% | +0.6% |
| 2011 | 38.1% | -3.7% |
| 2012 | 39.1% | +2.5% |
| 2013 | 39.1% | +0.0% |
| 2014 | 38.6% | -1.3% |
| 2015 | 37.8% | -2.1% |
| 2016 | 37.4% | -1.2% |
| 2017 | 37.0% | -0.9% |
| 2018 | 36.6% | -1.2% |
| 2019 | 36.4% | -0.5% |
| 2020 | 42.2% | +16.0% |
| 2021 | 41.1% | -2.7% |
| 2022 | 39.3% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.1% | 24.5% | 30.8% | 7 |
| 1980s | 34.2% | 32.0% | 36.1% | 10 |
| 1990s | 39.0% | 34.5% | 43.7% | 10 |
| 2000s | 37.1% | 35.4% | 39.4% | 10 |
| 2010s | 38.0% | 36.4% | 39.6% | 10 |
| 2020s | 40.9% | 39.3% | 42.2% | 3 |
Countries ranked near European Union
More economy & growth data for European Union
- Industry (including construction), value added (current US$), per 0.222 current US$ per US$ of GDP (2025)
- Services, value added (current US$), annual growth rate 8.74 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 7,541 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1602 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2.21 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 10,454 current US$ per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1146 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per unit of GDP 0.1427 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 6,720 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 42,248 current US$ per person (2025)
Frequently asked questions
- What is expense in European Union?
- Expense in European Union was 39.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in European Union?
- The highest recorded value was 43.7% in 1995.
- What is the lowest expense recorded in European Union?
- The lowest recorded value was 24.5% in 1973.
- How does European Union rank for expense?
- European Union ranks 2nd out of 2 groups with data for 2022.
- Is expense rising or falling in European Union?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this European Union 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.