Goods and services expense in Africa Western and Central
Africa Western and Central: Goods and services expense was 23.2% in 2021. ▼ Falling
Goods and services expense in Africa Western and Central, 2015–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, goods and services expense in Africa Western and Central stood at 23.2%.
That represents a change of up 18.4% on the previous year and down 0.5% over ten years.
Africa Western and Central ranks 1st of 41 groups on this measure, in the top 10%.
Goods and services expense in Africa Western and Central, year by year
| Year | % of expense | Change |
|---|---|---|
| 2015 | 23.3% | — |
| 2016 | 28.4% | +22.0% |
| 2017 | 27.4% | -3.8% |
| 2018 | 25.5% | -6.9% |
| 2019 | 23.0% | -9.5% |
| 2020 | 19.6% | -15.1% |
| 2021 | 23.2% | +18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.5% | 23.0% | 28.4% | 5 |
| 2020s | 21.4% | 19.6% | 23.2% | 2 |
Countries ranked near Africa Western and Central
More public sector data for Africa Western and Central
- Arms imports 360.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.6914 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -36.28 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 360.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 15.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -14.98 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 8.02 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 62.46 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Africa Western and Central?
- Goods and services expense in Africa Western and Central was 23.2% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Africa Western and Central?
- The highest recorded value was 28.4% in 2016.
- What is the lowest goods and services expense recorded in Africa Western and Central?
- The lowest recorded value was 19.6% in 2020.
- How does Africa Western and Central rank for goods and services expense?
- Africa Western and Central ranks 1st out of 41 groups with data for 2021.
- Is goods and services expense rising or falling in Africa Western and Central?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is falling.
- Where does this Africa Western and Central 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 (% of expense). Statizoid updates them automatically from the source API.
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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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.