Goods and services expense in Central Europe and the Baltics
Central Europe and the Baltics: Goods and services expense was 9.2% in 2023. ▼ Falling
Goods and services expense in Central Europe and the Baltics, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Central Europe and the Baltics is 9.2%, measured in 2023.
Compared with earlier readings it is down 3.6% on the previous year and down 6.7% over ten years.
Over the whole period, goods and services expense in Central Europe and the Baltics peaked at 18.9% in 1993 and was at its lowest, 8.7%, in 2020.
Central Europe and the Baltics ranks 31st of 41 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Goods and services expense in Central Europe and the Baltics, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 17.3% | — |
| 1993 | 18.9% | +9.2% |
| 1994 | 17.9% | -5.1% |
| 1995 | 12.7% | -29.1% |
| 1996 | 12.4% | -2.2% |
| 1997 | 13.8% | +11.4% |
| 1998 | 13.4% | -3.5% |
| 1999 | 12.8% | -3.9% |
| 2000 | 13.7% | +7.0% |
| 2001 | 12.6% | -8.5% |
| 2002 | 10.3% | -18.1% |
| 2003 | 9.7% | -5.4% |
| 2004 | 10.0% | +3.2% |
| 2005 | 10.1% | +0.7% |
| 2006 | 10.4% | +2.7% |
| 2007 | 10.4% | +0.5% |
| 2008 | 10.4% | +0.0% |
| 2009 | 10.0% | -4.7% |
| 2010 | 9.8% | -1.6% |
| 2011 | 10.0% | +1.6% |
| 2012 | 10.0% | +0.9% |
| 2013 | 9.9% | -1.6% |
| 2014 | 9.6% | -2.4% |
| 2015 | 10.0% | +3.5% |
| 2016 | 10.2% | +2.2% |
| 2017 | 9.6% | -5.5% |
| 2018 | 9.1% | -5.7% |
| 2019 | 9.7% | +6.8% |
| 2020 | 8.7% | -10.5% |
| 2021 | 9.1% | +4.2% |
| 2022 | 9.6% | +5.6% |
| 2023 | 9.2% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.9% | 12.4% | 18.9% | 8 |
| 2000s | 10.8% | 9.7% | 13.7% | 10 |
| 2010s | 9.8% | 9.1% | 10.2% | 10 |
| 2020s | 9.1% | 8.7% | 9.6% | 4 |
Countries ranked near Central Europe and the Baltics
- 28 Equatorial Guinea 25.4% compare
- 29 Zambia 25.4% compare
- 30 Ecuador 24.6% compare
- 31 Niger 24.1%
- 32 Papua New Guinea 23.1% compare
- 33 San Marino 22.9% compare
- 34 Philippines 22.3% compare
More public sector data for Central Europe and the Baltics
- Arms imports 2.91 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 29.09 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0012 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 21.6 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 2.91 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 711.87 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0289 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 34.86 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 71.23 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,166 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Central Europe and the Baltics?
- Goods and services expense in Central Europe and the Baltics was 9.2% 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 Central Europe and the Baltics?
- The highest recorded value was 18.9% in 1993.
- What is the lowest goods and services expense recorded in Central Europe and the Baltics?
- The lowest recorded value was 8.7% in 2020.
- How does Central Europe and the Baltics rank for goods and services expense?
- Central Europe and the Baltics ranks 31st out of 41 groups with data for 2023.
- Is goods and services expense rising or falling in Central Europe and the Baltics?
- Over the last ten years it is down 6.7%. The long-run trend across the full record is falling.
- Where does this Central Europe and the Baltics 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.