Goods and services expense in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Goods and services expense was 20.7% in 2021. ▬ Flat
Goods and services expense in Heavily indebted poor countries (HIPC), 2010–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, goods and services expense in Heavily indebted poor countries (HIPC) stood at 20.7%.
The figure is up 19.0% on the previous year and up 2.2% over ten years.
Over the whole period, goods and services expense in Heavily indebted poor countries (HIPC) peaked at 26.0% in 2017 and was at its lowest, 17.4%, in 2020.
That places Heavily indebted poor countries (HIPC) 7th out of 39 groups with data for 2021, putting it in the top quarter.
Goods and services expense in Heavily indebted poor countries (HIPC), year by year
| Year | % of expense | Change |
|---|---|---|
| 2010 | 20.2% | — |
| 2012 | 23.2% | +14.7% |
| 2013 | 18.3% | -21.2% |
| 2014 | 21.2% | +16.0% |
| 2015 | 19.9% | -6.2% |
| 2016 | 21.6% | +8.6% |
| 2017 | 26.0% | +20.5% |
| 2018 | 24.4% | -6.3% |
| 2019 | 21.0% | -13.8% |
| 2020 | 17.4% | -17.4% |
| 2021 | 20.7% | +19.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.8% | 18.3% | 26.0% | 9 |
| 2020s | 19.0% | 17.4% | 20.7% | 2 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 4 Samoa 44.8% compare
- 5 Azerbaijan 42.5% compare
- 6 Solomon Islands 38.5% compare
- 7 Ukraine 35.7% compare
- 8 Nauru 35.6% compare
- 9 Cameroon 33.6% compare
- 10 Micronesia (country) 32.9% compare
More public sector data for Heavily indebted poor countries (HIPC)
- Arms imports 387.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4116 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -31.02 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 387.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 14.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0117 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.7 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.44 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 28.9 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Heavily indebted poor countries (HIPC)?
- Goods and services expense in Heavily indebted poor countries (HIPC) was 20.7% 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 Heavily indebted poor countries (HIPC)?
- The highest recorded value was 26.0% in 2017.
- What is the lowest goods and services expense recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 17.4% in 2020.
- How does Heavily indebted poor countries (HIPC) rank for goods and services expense?
- Heavily indebted poor countries (HIPC) ranks 7th out of 39 groups with data for 2021.
- Is goods and services expense rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 2.2%. The long-run trend across the full record is flat.
- Where does this Heavily indebted poor countries (HIPC) 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.