Goods and services expense in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Goods and services expense was 13.9% in 2023. ▲ Rising
Goods and services expense in Europe & Central Asia (excluding high income), 2008–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Europe & Central Asia (excluding high income) stood at 13.9%. That is the highest value across all 16 years on record.
The figure is up 4.6% on the previous year and up 17.1% over ten years.
Over the whole period, goods and services expense in Europe & Central Asia (excluding high income) peaked at 13.9% in 2023 and was at its lowest, 11.4%, in 2016.
Europe & Central Asia (excluding high income) ranks 22nd of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Goods and services expense in Europe & Central Asia (excluding high income), year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 12.6% | — |
| 2009 | 12.6% | -0.1% |
| 2010 | 13.3% | +5.7% |
| 2011 | 12.4% | -7.1% |
| 2012 | 12.0% | -2.7% |
| 2013 | 11.8% | -1.7% |
| 2014 | 12.7% | +7.1% |
| 2015 | 12.2% | -3.7% |
| 2016 | 11.4% | -6.3% |
| 2017 | 12.8% | +12.1% |
| 2018 | 13.7% | +6.6% |
| 2019 | 13.2% | -3.2% |
| 2020 | 12.2% | -8.0% |
| 2021 | 13.5% | +10.9% |
| 2022 | 13.3% | -1.8% |
| 2023 | 13.9% | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.6% | 12.6% | 12.6% | 2 |
| 2010s | 12.6% | 11.4% | 13.7% | 10 |
| 2020s | 13.2% | 12.2% | 13.9% | 4 |
Countries ranked near Europe & Central Asia (excluding high income)
- 19 Timor-Leste 28.3% compare
- 20 Seychelles 27.9%
- 21 Singapore 27.9% compare
- 22 Rwanda 27.8% compare
- 23 Congo, Democratic Republic of the 27.5% compare
- 24 Saudi Arabia 27.4% compare
- 25 Congo 27.1% compare
More public sector data for Europe & Central Asia (excluding high income)
- Arms imports 6.55 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 26.15 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.15 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.55 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 410.43 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0419 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.61 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 102.77 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 979.77 SIPRI trend indicator values per square kilometre (2023)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is goods and services expense in Europe & Central Asia (excluding high income)?
- Goods and services expense in Europe & Central Asia (excluding high income) was 13.9% 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 13.9% in 2023.
- What is the lowest goods and services expense recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 11.4% in 2016.
- How does Europe & Central Asia (excluding high income) rank for goods and services expense?
- Europe & Central Asia (excluding high income) ranks 22nd out of 41 groups with data for 2023.
- Is goods and services expense rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is rising.
- Where does this Europe & Central Asia (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.
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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.