Expense in Other small states
Other small states: Expense was 35.1% in 2023. ▲ Rising
Expense in Other small states, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Other small states stood at 35.1%.
Compared with earlier readings it is up 0.9% on the previous year and down 1.9% over ten years.
Over the whole period, expense in Other small states peaked at 38.5% in 2020 and was at its lowest, 25.3%, in 1991.
That places Other small states 3rd out of 24 groups with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 30 years of available data.
Expense in Other small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 25.3% | — |
| 1995 | 30.2% | +19.5% |
| 1996 | 30.4% | +0.7% |
| 1997 | 29.9% | -1.7% |
| 1998 | 31.0% | +3.7% |
| 1999 | 31.4% | +1.3% |
| 2000 | 30.1% | -4.3% |
| 2001 | 29.6% | -1.5% |
| 2002 | 30.1% | +1.4% |
| 2003 | 31.3% | +4.2% |
| 2004 | 30.6% | -2.4% |
| 2005 | 31.5% | +3.0% |
| 2006 | 31.1% | -1.3% |
| 2007 | 30.4% | -2.2% |
| 2008 | 35.1% | +15.3% |
| 2009 | 36.5% | +4.0% |
| 2010 | 36.1% | -0.9% |
| 2011 | 35.1% | -2.9% |
| 2012 | 37.7% | +7.3% |
| 2013 | 35.8% | -5.0% |
| 2014 | 36.1% | +0.8% |
| 2015 | 33.0% | -8.5% |
| 2016 | 34.0% | +3.1% |
| 2017 | 31.9% | -6.2% |
| 2018 | 32.9% | +3.3% |
| 2019 | 32.6% | -1.1% |
| 2020 | 38.5% | +18.2% |
| 2021 | 36.6% | -5.0% |
| 2022 | 34.8% | -4.9% |
| 2023 | 35.1% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.7% | 25.3% | 31.4% | 6 |
| 2000s | 31.6% | 29.6% | 36.5% | 10 |
| 2010s | 34.5% | 31.9% | 37.7% | 10 |
| 2020s | 36.2% | 34.8% | 38.5% | 4 |
Countries ranked near Other small states
More economy & growth data for Other small states
- Services, value added 113.61 billion constant 2015 US$ (2025)
- Manufacturing, value added 13.58 billion constant 2015 US$ (2025)
- Manufacturing, value added 8.1% (2025)
- Industry (including construction), value added 43.63 billion current US$ (2025)
- Trade in services 71.2% (2025)
- Industry (including construction), value added 2.2% (2025)
- Industry (including construction), value added 19.1% (2025)
- Services, value added 154.73 billion current US$ (2025)
- Gross value added at basic prices (GVA) 152.25 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) 205.04 billion current US$ (2025)
Frequently asked questions
- What is expense in Other small states?
- Expense in Other small states was 35.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Other small states?
- The highest recorded value was 38.5% in 2020.
- What is the lowest expense recorded in Other small states?
- The lowest recorded value was 25.3% in 1991.
- How does Other small states rank for expense?
- Other small states ranks 3rd out of 24 groups with data for 2023.
- Is expense rising or falling in Other small states?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is rising.
- Where does this Other small states 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.