Goods and services expense in East Asia & Pacific (excluding high income)
East Asia & Pacific (excluding high income): Goods and services expense was 21.5% in 2022. ▼ Falling
Goods and services expense in East Asia & Pacific (excluding high income), 2002–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, goods and services expense in East Asia & Pacific (excluding high income) stood at 21.5%.
The figure is up 16.4% on the previous year and down 16.4% over ten years.
Over the whole period, goods and services expense in East Asia & Pacific (excluding high income) peaked at 28.6% in 2010 and was at its lowest, 18.1%, in 2020.
East Asia & Pacific (excluding high income) ranks 5th of 41 groups on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Goods and services expense in East Asia & Pacific (excluding high income), year by year
| Year | % of expense | Change |
|---|---|---|
| 2002 | 19.2% | — |
| 2003 | 23.2% | +20.8% |
| 2008 | 26.2% | +13.0% |
| 2009 | 19.6% | -25.2% |
| 2010 | 28.6% | +46.0% |
| 2011 | 25.2% | -11.8% |
| 2012 | 25.7% | +1.7% |
| 2013 | 23.7% | -7.8% |
| 2014 | 24.4% | +2.9% |
| 2015 | 24.4% | +0.1% |
| 2016 | 23.0% | -5.8% |
| 2017 | 21.9% | -4.8% |
| 2018 | 21.2% | -3.3% |
| 2019 | 19.8% | -6.3% |
| 2020 | 18.1% | -8.5% |
| 2021 | 18.4% | +1.6% |
| 2022 | 21.5% | +16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.1% | 19.2% | 26.2% | 4 |
| 2010s | 23.8% | 19.8% | 28.6% | 10 |
| 2020s | 19.3% | 18.1% | 21.5% | 3 |
Countries ranked near East Asia & Pacific (excluding high income)
More public sector data for East Asia & Pacific (excluding high income)
- Arms imports 872.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4073 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -41.87 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 872.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 161.96 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0156 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.25 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 346.78 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 93.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in East Asia & Pacific (excluding high income)?
- Goods and services expense in East Asia & Pacific (excluding high income) was 21.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in East Asia & Pacific (excluding high income)?
- The highest recorded value was 28.6% in 2010.
- What is the lowest goods and services expense recorded in East Asia & Pacific (excluding high income)?
- The lowest recorded value was 18.1% in 2020.
- How does East Asia & Pacific (excluding high income) rank for goods and services expense?
- East Asia & Pacific (excluding high income) ranks 5th out of 41 groups with data for 2022.
- Is goods and services expense rising or falling in East Asia & Pacific (excluding high income)?
- Over the last ten years it is down 16.4%. The long-run trend across the full record is falling.
- Where does this East Asia & Pacific (excluding high income) 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.
Download this data
CSV · JSON — 17 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 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.