Goods and services expense in IDA & IBRD total
IDA & IBRD total: Goods and services expense was 14.4% in 2022. ▼ Falling
Goods and services expense in IDA & IBRD total, 2007–2022
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 IDA & IBRD total is 14.4%, measured in 2022.
The figure is down 3.1% on the previous year and down 8.4% over ten years.
Over the whole period, goods and services expense in IDA & IBRD total peaked at 15.7% in 2012 and was at its lowest, 13.8%, in 2019.
IDA & IBRD total ranks 20th of 39 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Goods and services expense in IDA & IBRD total, year by year
| Year | % of expense | Change |
|---|---|---|
| 2007 | 15.7% | — |
| 2008 | 14.8% | -5.6% |
| 2009 | 14.8% | +0.1% |
| 2010 | 14.7% | -0.4% |
| 2011 | 14.5% | -1.4% |
| 2012 | 15.7% | +8.4% |
| 2013 | 15.6% | -0.9% |
| 2014 | 14.8% | -4.9% |
| 2015 | 15.4% | +3.8% |
| 2016 | 14.0% | -9.1% |
| 2017 | 14.8% | +5.5% |
| 2018 | 15.2% | +3.3% |
| 2019 | 13.8% | -9.8% |
| 2020 | 13.8% | +0.5% |
| 2021 | 14.9% | +7.6% |
| 2022 | 14.4% | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.1% | 14.8% | 15.7% | 3 |
| 2010s | 14.9% | 13.8% | 15.7% | 10 |
| 2020s | 14.4% | 13.8% | 14.9% | 3 |
Countries ranked near IDA & IBRD total
- 17 Botswana 28.4% compare
- 18 Saint Kitts and Nevis 28.3% compare
- 19 East Timor 28.3% compare
- 20 Seychelles 27.9%
- 21 Singapore 27.9% compare
- 22 Rwanda 27.8% compare
- 23 Democratic Republic of Congo 27.5% compare
More public sector data for IDA & IBRD total
- Arms imports 13.54 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.96 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 -17.98 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 13.54 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 129.18 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0205 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.08 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 894.64 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 171.81 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in IDA & IBRD total?
- Goods and services expense in IDA & IBRD total was 14.4% 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 IDA & IBRD total?
- The highest recorded value was 15.7% in 2012.
- What is the lowest goods and services expense recorded in IDA & IBRD total?
- The lowest recorded value was 13.8% in 2019.
- How does IDA & IBRD total rank for goods and services expense?
- IDA & IBRD total ranks 20th out of 39 groups with data for 2022.
- Is goods and services expense rising or falling in IDA & IBRD total?
- Over the last ten years it is down 8.4%. The long-run trend across the full record is falling.
- Where does this IDA & IBRD total 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.