Goods and services expense in OECD members
OECD members: Goods and services expense was 7.9% in 2023. ▼ Falling
Goods and services expense in OECD members, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
OECD members recorded 7.9% for goods and services expense in 2023.
Compared with earlier readings it is down 2.7% on the previous year and down 3.9% over ten years.
Over the whole period, goods and services expense in OECD members peaked at 17.2% in 1972 and was at its lowest, 7.6%, in 1999.
That places OECD members 36th out of 39 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Goods and services expense in OECD members, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 17.2% | — |
| 1973 | 16.3% | -5.3% |
| 1974 | 14.7% | -9.8% |
| 1975 | 14.2% | -3.5% |
| 1976 | 13.0% | -8.4% |
| 1977 | 11.8% | -8.9% |
| 1978 | 10.4% | -12.5% |
| 1979 | 10.4% | -0.0% |
| 1980 | 11.0% | +6.4% |
| 1981 | 11.9% | +8.3% |
| 1982 | 11.1% | -6.9% |
| 1983 | 11.6% | +4.1% |
| 1984 | 11.5% | -0.7% |
| 1985 | 10.8% | -5.6% |
| 1986 | 9.8% | -9.8% |
| 1987 | 11.1% | +13.4% |
| 1988 | 10.7% | -3.1% |
| 1989 | 11.2% | +4.2% |
| 1990 | 11.2% | -0.3% |
| 1991 | 9.8% | -11.9% |
| 1992 | 10.3% | +4.3% |
| 1993 | 10.4% | +1.7% |
| 1994 | 10.9% | +4.5% |
| 1995 | 7.8% | -28.8% |
| 1996 | 8.0% | +3.0% |
| 1997 | 9.1% | +13.9% |
| 1998 | 8.0% | -11.9% |
| 1999 | 7.6% | -4.9% |
| 2000 | 7.9% | +3.1% |
| 2001 | 8.2% | +4.1% |
| 2002 | 8.3% | +0.8% |
| 2003 | 8.4% | +2.1% |
| 2004 | 8.5% | +0.3% |
| 2005 | 8.3% | -2.5% |
| 2006 | 8.6% | +4.6% |
| 2007 | 8.7% | +1.1% |
| 2008 | 8.7% | +0.0% |
| 2009 | 9.0% | +3.1% |
| 2010 | 8.6% | -5.0% |
| 2011 | 8.5% | -0.5% |
| 2012 | 8.3% | -2.5% |
| 2013 | 8.3% | -0.4% |
| 2014 | 8.3% | -0.2% |
| 2015 | 8.5% | +2.7% |
| 2016 | 8.6% | +1.1% |
| 2017 | 8.2% | -4.3% |
| 2018 | 8.4% | +2.9% |
| 2019 | 8.2% | -2.5% |
| 2020 | 7.9% | -4.3% |
| 2021 | 7.7% | -2.8% |
| 2022 | 8.2% | +6.7% |
| 2023 | 7.9% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.5% | 10.4% | 17.2% | 8 |
| 1980s | 11.1% | 9.8% | 11.9% | 10 |
| 1990s | 9.3% | 7.6% | 11.2% | 10 |
| 2000s | 8.5% | 7.9% | 9.0% | 10 |
| 2010s | 8.4% | 8.2% | 8.6% | 10 |
| 2020s | 7.9% | 7.7% | 8.2% | 4 |
Countries ranked near OECD members
- 33 San Marino 22.9% compare
- 34 Philippines 22.3% compare
- 35 Trinidad and Tobago 22.1% compare
- 36 Senegal 21.9% compare
- 37 Tajikistan 21.7% compare
- 38 Bahamas 21.6% compare
- 39 Iceland 21.5% compare
More public sector data for OECD members
- Arms imports 11.87 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 8.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 26.58 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 11.87 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,238 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0253 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.54 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.73 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 265.52 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in OECD members?
- Goods and services expense in OECD members was 7.9% 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 OECD members?
- The highest recorded value was 17.2% in 1972.
- What is the lowest goods and services expense recorded in OECD members?
- The lowest recorded value was 7.6% in 1999.
- How does OECD members rank for goods and services expense?
- OECD members ranks 36th out of 39 groups with data for 2023.
- Is goods and services expense rising or falling in OECD members?
- Over the last ten years it is down 3.9%. The long-run trend across the full record is falling.
- Where does this OECD members 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.