Expense in South Asia
South Asia: Expense was 13.8% in 2022. ▲ Rising
Expense in South Asia, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in South Asia is 13.8%, measured in 2022.
Compared with earlier readings it is down 11.5% over ten years.
Over the whole period, expense in South Asia peaked at 16.7% in 2008 and was at its lowest, 8.7%, in 1974.
That places South Asia 22nd out of 24 groups with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Expense in South Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 8.7% | — |
| 1975 | 10.1% | +15.8% |
| 1976 | 10.6% | +5.1% |
| 1977 | 10.5% | -1.2% |
| 1978 | 11.3% | +7.3% |
| 1979 | 12.3% | +9.3% |
| 1980 | 11.7% | -5.0% |
| 1981 | 11.4% | -2.8% |
| 1982 | 12.0% | +5.2% |
| 1983 | 12.1% | +1.0% |
| 1984 | 13.1% | +8.8% |
| 1985 | 14.4% | +9.4% |
| 1986 | 15.3% | +6.6% |
| 1987 | 15.8% | +2.8% |
| 1988 | 15.5% | -1.5% |
| 1989 | 16.0% | +2.9% |
| 1990 | 15.8% | -1.0% |
| 1991 | 15.7% | -0.7% |
| 1992 | 15.4% | -1.7% |
| 1993 | 15.4% | -0.1% |
| 1994 | 15.0% | -3.0% |
| 1995 | 14.7% | -1.9% |
| 1996 | 14.5% | -1.3% |
| 1997 | 14.9% | +2.9% |
| 1998 | 14.7% | -1.5% |
| 1999 | 15.1% | +2.5% |
| 2000 | 15.7% | +4.3% |
| 2001 | 15.2% | -3.2% |
| 2002 | 15.6% | +2.8% |
| 2003 | 15.1% | -3.2% |
| 2004 | 14.7% | -2.7% |
| 2005 | 14.8% | +0.6% |
| 2006 | 14.9% | +0.4% |
| 2007 | 14.9% | +0.3% |
| 2008 | 16.7% | +11.9% |
| 2009 | 16.4% | -1.4% |
| 2010 | 15.9% | -3.2% |
| 2011 | 14.2% | -11.1% |
| 2012 | 15.6% | +10.0% |
| 2013 | 15.9% | +2.3% |
| 2014 | 14.4% | -9.9% |
| 2015 | 14.7% | +2.4% |
| 2016 | 14.7% | -0.1% |
| 2017 | 15.0% | +2.0% |
| 2018 | 15.1% | +0.4% |
| 2022 | 13.8% | -8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.6% | 8.7% | 12.3% | 6 |
| 1980s | 13.7% | 11.4% | 16.0% | 10 |
| 1990s | 15.1% | 14.5% | 15.8% | 10 |
| 2000s | 15.4% | 14.7% | 16.7% | 10 |
| 2010s | 15.0% | 14.2% | 15.9% | 9 |
| 2020s | 13.8% | 13.8% | 13.8% | 1 |
Countries ranked near South Asia
More economy & growth data for South Asia
- Inflation, GDP deflator 3.2% (2025)
- Industry (including construction), value added 1.19 trillion current US$ (2025)
- Industry (including construction), value added 1.16 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 8.2% (2025)
- Trade in services 14.5% (2025)
- Services, value added 2.28 trillion current US$ (2025)
- Services, value added 2.10 trillion constant 2015 US$ (2025)
- Services, value added 8.3% (2025)
- Services, value added 49.8% (2025)
- GDP per capita 2,473 constant 2015 US$ (2025)
Frequently asked questions
- What is expense in South Asia?
- Expense in South Asia was 13.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in South Asia?
- The highest recorded value was 16.7% in 2008.
- What is the lowest expense recorded in South Asia?
- The lowest recorded value was 8.7% in 1974.
- How does South Asia rank for expense?
- South Asia ranks 22nd out of 24 groups with data for 2022.
- Is expense rising or falling in South Asia?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is rising.
- Where does this South Asia 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.