Goods and services expense in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Goods and services expense was 11.0% in 2023. ▼ Falling
Goods and services expense in Europe & Central Asia (IDA & IBRD countries), 1998–2023
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 (IDA & IBRD countries) stood at 11.0%.
Compared with earlier readings it is down 8.3% on the previous year and up 2.0% over ten years.
Over the whole period, goods and services expense in Europe & Central Asia (IDA & IBRD countries) peaked at 17.0% in 2006 and was at its lowest, 10.4%, in 2016.
Europe & Central Asia (IDA & IBRD countries) ranks 28th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Goods and services expense in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of expense | Change |
|---|---|---|
| 1998 | 15.3% | — |
| 1999 | 15.0% | -1.8% |
| 2000 | 15.8% | +5.0% |
| 2001 | 14.7% | -6.8% |
| 2003 | 15.5% | +5.0% |
| 2004 | 16.4% | +6.4% |
| 2005 | 15.3% | -6.8% |
| 2006 | 17.0% | +10.7% |
| 2007 | 14.0% | -17.2% |
| 2008 | 12.3% | -12.6% |
| 2009 | 11.5% | -6.2% |
| 2010 | 11.3% | -1.9% |
| 2011 | 10.8% | -4.8% |
| 2012 | 11.3% | +5.0% |
| 2013 | 10.8% | -4.1% |
| 2014 | 11.0% | +1.7% |
| 2015 | 11.4% | +3.1% |
| 2016 | 10.4% | -8.1% |
| 2017 | 10.7% | +3.0% |
| 2018 | 11.0% | +2.7% |
| 2019 | 11.4% | +3.3% |
| 2020 | 11.3% | -0.7% |
| 2021 | 12.5% | +10.5% |
| 2022 | 12.0% | -3.8% |
| 2023 | 11.0% | -8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.2% | 15.0% | 15.3% | 2 |
| 2000s | 14.7% | 11.5% | 17.0% | 9 |
| 2010s | 11.0% | 10.4% | 11.4% | 10 |
| 2020s | 11.7% | 11.0% | 12.5% | 4 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More public sector data for Europe & Central Asia (IDA & IBRD countries)
- Arms imports 8.83 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.2 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0014 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 13.61 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 8.83 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 657.44 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0492 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 25.48 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 302.41 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 338.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Europe & Central Asia (IDA & IBRD countries)?
- Goods and services expense in Europe & Central Asia (IDA & IBRD countries) was 11.0% 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 (IDA & IBRD countries)?
- The highest recorded value was 17.0% in 2006.
- What is the lowest goods and services expense recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 10.4% in 2016.
- How does Europe & Central Asia (IDA & IBRD countries) rank for goods and services expense?
- Europe & Central Asia (IDA & IBRD countries) ranks 28th out of 41 groups with data for 2023.
- Is goods and services expense rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.