Other expense in High income
High income: Other expense was 9.4% in 2023. ▲ Rising
Other expense in High income, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
High income recorded 9.4% for other expense in 2023. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 11.0% on the previous year and up 17.9% over ten years.
Over the whole period, other expense in High income peaked at 9.4% in 2023 and was at its lowest, 1.8%, in 1992.
High income ranks 5th of 39 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Other expense in High income, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 2.2% | — |
| 1992 | 1.8% | -18.2% |
| 1993 | 2.1% | +19.5% |
| 1994 | 2.4% | +14.2% |
| 1995 | 5.8% | +140.7% |
| 1996 | 4.9% | -15.2% |
| 1997 | 4.7% | -5.8% |
| 1998 | 5.2% | +12.4% |
| 1999 | 4.8% | -9.3% |
| 2000 | 5.1% | +7.9% |
| 2001 | 6.4% | +24.5% |
| 2002 | 5.6% | -12.9% |
| 2003 | 5.7% | +1.9% |
| 2004 | 6.4% | +12.6% |
| 2005 | 6.2% | -3.4% |
| 2006 | 7.4% | +20.2% |
| 2007 | 7.3% | -2.1% |
| 2008 | 7.2% | -1.2% |
| 2009 | 6.4% | -10.6% |
| 2010 | 8.2% | +27.6% |
| 2011 | 8.4% | +3.0% |
| 2012 | 8.6% | +1.9% |
| 2013 | 8.0% | -6.8% |
| 2014 | 8.4% | +4.4% |
| 2015 | 7.7% | -7.3% |
| 2016 | 7.5% | -2.6% |
| 2017 | 7.3% | -2.6% |
| 2018 | 7.5% | +2.2% |
| 2019 | 7.3% | -2.5% |
| 2020 | 8.4% | +14.9% |
| 2021 | 8.3% | -0.8% |
| 2022 | 8.5% | +1.9% |
| 2023 | 9.4% | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.8% | 1.8% | 5.8% | 9 |
| 2000s | 6.4% | 5.1% | 7.4% | 10 |
| 2010s | 7.9% | 7.3% | 8.6% | 10 |
| 2020s | 8.7% | 8.3% | 9.4% | 4 |
Countries ranked near High income
- 2 Micronesia (country) 32.6% compare
- 3 Singapore 30.5% compare
- 4 Turkey 29.2% compare
- 5 Equatorial Guinea 27.6% compare
- 6 Kenya 26.4% compare
- 7 Democratic Republic of Congo 23.7% compare
- 8 Bhutan 22.9% compare
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 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 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.96 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is other expense in High income?
- Other expense in High income was 9.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in High income?
- The highest recorded value was 9.4% in 2023.
- What is the lowest other expense recorded in High income?
- The lowest recorded value was 1.8% in 1992.
- How does High income rank for other expense?
- High income ranks 5th out of 39 groups with data for 2023.
- Is other expense rising or falling in High income?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this High income data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.