Expense in World
World: Expense was 28.5% in 2022. ▲ Rising
Expense in World, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in World is 28.5%, measured in 2022.
The figure is down 10.3% on the previous year and up 3.8% over ten years.
Over the whole period, expense in World peaked at 33.4% in 2020 and was at its lowest, 23.6%, in 2000.
World ranks 11th of 24 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Expense in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 23.7% | — |
| 1994 | 25.1% | +5.9% |
| 1995 | 25.5% | +1.5% |
| 1996 | 25.1% | -1.5% |
| 1997 | 24.3% | -3.3% |
| 1998 | 25.0% | +2.9% |
| 1999 | 24.6% | -1.7% |
| 2000 | 23.6% | -3.8% |
| 2001 | 24.7% | +4.4% |
| 2002 | 24.9% | +1.0% |
| 2003 | 25.2% | +1.0% |
| 2004 | 24.8% | -1.5% |
| 2005 | 25.1% | +1.2% |
| 2006 | 24.9% | -0.9% |
| 2007 | 24.8% | -0.4% |
| 2008 | 25.9% | +4.7% |
| 2009 | 28.4% | +9.6% |
| 2010 | 28.4% | -0.0% |
| 2011 | 27.5% | -3.2% |
| 2012 | 27.4% | -0.1% |
| 2013 | 27.1% | -1.4% |
| 2014 | 26.8% | -1.0% |
| 2015 | 26.8% | -0.1% |
| 2016 | 26.6% | -0.7% |
| 2017 | 26.3% | -1.0% |
| 2018 | 26.1% | -0.5% |
| 2019 | 26.7% | +2.1% |
| 2020 | 33.4% | +25.2% |
| 2021 | 31.7% | -5.0% |
| 2022 | 28.5% | -10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.8% | 23.7% | 25.5% | 7 |
| 2000s | 25.2% | 23.6% | 28.4% | 10 |
| 2010s | 27.0% | 26.1% | 28.4% | 10 |
| 2020s | 31.2% | 28.5% | 33.4% | 3 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- GNI per capita, Atlas method 14,244 current US$ (2025)
- GNI 117.70 trillion current US$ (2025)
- GNI, Atlas method 117.02 trillion current US$ (2025)
- Gross domestic savings 26.9% (2024)
- Gross domestic savings 30.01 trillion current US$ (2024)
- GDP per capita growth 2.0% (2025)
- GDP per capita 12,131 constant 2015 US$ (2025)
- GDP per capita 14,406 current US$ (2025)
Frequently asked questions
- What is expense in World?
- Expense in World was 28.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in World?
- The highest recorded value was 33.4% in 2020.
- What is the lowest expense recorded in World?
- The lowest recorded value was 23.6% in 2000.
- How does World rank for expense?
- World ranks 11th out of 24 regions with data for 2022.
- Is expense rising or falling in World?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is rising.
- Where does this World 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 — 30 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.