Expense in Czechia
Czechia: Expense was 2.43 trillion current LCU in 2022. ▲ Rising
Expense in Czechia, 1993–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, expense in Czechia stood at 2.43 trillion current LCU. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 62.2% over ten years.
Over the whole period, expense in Czechia peaked at 2.43 trillion current LCU in 2022 and was at its lowest, 369.27 billion current LCU, in 1993.
Czechia ranks 42nd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 640.16 billion current LCU | 369.27 billion current LCU | 784.35 billion current LCU | 7 |
| 2000s | 1.11 trillion current LCU | 801.52 billion current LCU | 1.39 trillion current LCU | 10 |
| 2010s | 1.56 trillion current LCU | 1.40 trillion current LCU | 1.89 trillion current LCU | 10 |
| 2020s | 2.32 trillion current LCU | 2.19 trillion current LCU | 2.43 trillion current LCU | 3 |
Countries ranked near Czechia
- 39 Rwanda 3.09 trillion current LCU compare
- 40 Bangladesh 2.94 trillion current LCU compare
- 41 Serbia 2.65 trillion current LCU compare
- 43 Burkina Faso 2.39 trillion current LCU compare
- 44 Malawi 2.38 trillion current LCU compare
- 45 South Africa 2.23 trillion current LCU compare
More public sector data for Czechia
- Arms imports 50.00 million SIPRI trend indicator values (2024)
- Tax revenue 18.6% (2024)
- Taxes on income, profits and capital gains 21.9% (2024)
- Taxes on goods and services 27.9% (2024)
- Net investment in nonfinancial assets 2.6% (2024)
- Net lending (+) / net borrowing (-) -2.8% (2024)
- Interest payments 3.5% (2024)
- Grants and other revenue 8.0% (2024)
- Interest payments 3.1% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is expense in Czechia?
- Expense in Czechia was 2.43 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Czechia?
- The highest recorded value was 2.43 trillion current LCU in 2022.
- What is the lowest expense recorded in Czechia?
- The lowest recorded value was 369.27 billion current LCU in 1993.
- How does Czechia rank for expense?
- Czechia ranks 42nd out of 157 countries with data for 2022.
- Is expense rising or falling in Czechia?
- Over the last ten years it is up 62.2%. The long-run trend across the full record is rising.
- Where does this Czechia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.