Expense in Small states
Small states: Expense was 31.7% in 2019. ▲ Rising
Expense in Small states, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Small states is 31.7%, measured in 2019.
Compared with earlier readings it is up 0.7% on the previous year and down 5.1% over ten years.
Over the whole period, expense in Small states peaked at 33.3% in 2009 and was at its lowest, 26.7%, in 2001.
Small states ranks 6th of 24 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Expense in Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 26.7% | — |
| 2002 | 27.2% | +1.8% |
| 2003 | 27.6% | +1.7% |
| 2004 | 27.1% | -1.8% |
| 2005 | 27.9% | +2.7% |
| 2006 | 28.8% | +3.3% |
| 2007 | 27.5% | -4.7% |
| 2008 | 31.1% | +13.2% |
| 2009 | 33.3% | +7.3% |
| 2010 | 32.7% | -1.9% |
| 2011 | 31.5% | -3.8% |
| 2012 | 33.3% | +5.9% |
| 2013 | 32.2% | -3.4% |
| 2014 | 32.8% | +2.0% |
| 2015 | 31.3% | -4.6% |
| 2016 | 32.0% | +2.3% |
| 2017 | 30.8% | -3.8% |
| 2018 | 31.4% | +2.0% |
| 2019 | 31.7% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.6% | 26.7% | 33.3% | 9 |
| 2010s | 32.0% | 30.8% | 33.3% | 10 |
Countries ranked near Small states
More economy & growth data for Small states
- Manufacturing, value added 24.33 billion current US$ (2024)
- Imports of goods and services 2.5% (2025)
- Imports of goods and services 70.2% (2025)
- External balance on goods and services 4.7% (2025)
- Trade 139.8% (2024)
- Trade in services 69.2% (2024)
- Agriculture, forestry, and fishing, value added 3.7% (2025)
- Industry (including construction), value added 9.8% (2025)
- Industry (including construction), value added 72.77 billion constant 2015 US$ (2025)
- Industry (including construction), value added 81.58 billion current US$ (2025)
Frequently asked questions
- What is expense in Small states?
- Expense in Small states was 31.7% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Small states?
- The highest recorded value was 33.3% in 2009.
- What is the lowest expense recorded in Small states?
- The lowest recorded value was 26.7% in 2001.
- How does Small states rank for expense?
- Small states ranks 6th out of 24 groups with data for 2019.
- Is expense rising or falling in Small states?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is rising.
- Where does this 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.
Download this data
CSV · JSON — 19 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.