Expense in Pacific island small states
Pacific island small states: Expense was 31.1% in 2023. ▲ Rising
Expense in Pacific island small states, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Pacific island small states is 31.1%, measured in 2023.
Compared with earlier readings it is down 5.1% on the previous year and up 10.4% over ten years.
Over the whole period, expense in Pacific island small states peaked at 36.8% in 2021 and was at its lowest, 26.4%, in 2011.
That places Pacific island small states 9th out of 26 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Expense in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 26.4% | — |
| 2012 | 27.3% | +3.2% |
| 2013 | 28.2% | +3.5% |
| 2014 | 29.7% | +5.4% |
| 2015 | 30.4% | +2.2% |
| 2016 | 29.6% | -2.5% |
| 2017 | 30.2% | +1.8% |
| 2018 | 30.9% | +2.5% |
| 2019 | 31.9% | +3.2% |
| 2020 | 36.1% | +13.0% |
| 2021 | 36.8% | +2.1% |
| 2022 | 32.8% | -10.9% |
| 2023 | 31.1% | -5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.4% | 26.4% | 31.9% | 9 |
| 2020s | 34.2% | 31.1% | 36.8% | 4 |
Countries ranked near Pacific island small states
More economy & growth data for Pacific island small states
- Services, value added 56.8% (2024)
- Industry (including construction), value added 1.49 billion constant 2015 US$ (2024)
- Industry (including construction), value added 7.2% (2024)
- Industry (including construction), value added 15.2% (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.69 % change on previous year (2024)
- Services, value added 7.00 billion current US$ (2024)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- GDP (current US$), annual growth rate 5.49 % change on previous year (2025)
- GDP (constant 2015 US$), annual growth rate 3.32 % change on previous year (2025)
- GDP (current US$), per capita 4,720 current US$ per person (2025)
Frequently asked questions
- What is expense in Pacific island small states?
- Expense in Pacific island small states was 31.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Pacific island small states?
- The highest recorded value was 36.8% in 2021.
- What is the lowest expense recorded in Pacific island small states?
- The lowest recorded value was 26.4% in 2011.
- How does Pacific island small states rank for expense?
- Pacific island small states ranks 9th out of 26 groups with data for 2023.
- Is expense rising or falling in Pacific island small states?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is rising.
- Where does this Pacific island 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.