Goods and services expense in Samoa
Samoa: Goods and services expense was 340.86 million current LCU in 2023. ▲ Rising
Goods and services expense in Samoa, 2012–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, goods and services expense in Samoa stood at 340.86 million current LCU. That is the highest value across all 12 years on record.
That represents a change of up 7.0% on the previous year and up 50.9% over ten years.
Over the whole period, goods and services expense in Samoa peaked at 340.86 million current LCU in 2023 and was at its lowest, 217.29 million current LCU, in 2016.
That places Samoa 142nd out of 155 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 246.02 million current LCU | 217.29 million current LCU | 305.44 million current LCU | 8 |
| 2020s | 317.62 million current LCU | 294.86 million current LCU | 340.86 million current LCU | 4 |
Countries ranked near Samoa
More public sector data for Samoa
- Tax revenue 24.0% (2023)
- Taxes on income, profits and capital gains 13.8% (2023)
- Taxes on goods and services 45.1% (2023)
- Net investment in nonfinancial assets 4.6% (2023)
- Net lending (+) / net borrowing (-) 4.4% (2023)
- Interest payments 1.2% (2023)
- Grants and other revenue 31.5% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 46.1% (2023)
Frequently asked questions
- What is goods and services expense in Samoa?
- Goods and services expense in Samoa was 340.86 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Samoa?
- The highest recorded value was 340.86 million current LCU in 2023.
- What is the lowest goods and services expense recorded in Samoa?
- The lowest recorded value was 217.29 million current LCU in 2016.
- How does Samoa rank for goods and services expense?
- Samoa ranks 142nd out of 155 countries with data for 2023.
- Is goods and services expense rising or falling in Samoa?
- Over the last ten years it is up 50.9%. The long-run trend across the full record is rising.
- Where does this Samoa data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.