Other expense in Late-demographic dividend
Late-demographic dividend: Other expense was 8.3% in 2023. ▲ Rising
Other expense in Late-demographic dividend, 1999–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, other expense in Late-demographic dividend stood at 8.3%.
The figure is up 1.9% on the previous year and up 3.9% over ten years.
Over the whole period, other expense in Late-demographic dividend peaked at 9.0% in 2011 and was at its lowest, 3.3%, in 2002.
Late-demographic dividend ranks 7th of 39 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Other expense in Late-demographic dividend, year by year
| Year | % of expense | Change |
|---|---|---|
| 1999 | 3.9% | — |
| 2000 | 3.4% | -14.4% |
| 2001 | 5.3% | +55.6% |
| 2002 | 3.3% | -37.6% |
| 2003 | 4.9% | +50.1% |
| 2004 | 6.2% | +25.8% |
| 2005 | 4.2% | -32.8% |
| 2006 | 5.3% | +27.7% |
| 2007 | 7.0% | +31.9% |
| 2008 | 7.4% | +5.1% |
| 2009 | 6.6% | -10.7% |
| 2010 | 8.3% | +25.7% |
| 2011 | 9.0% | +9.2% |
| 2012 | 9.0% | -0.2% |
| 2013 | 8.0% | -11.4% |
| 2014 | 7.9% | -1.6% |
| 2015 | 6.7% | -14.8% |
| 2016 | 6.4% | -4.3% |
| 2017 | 6.2% | -2.5% |
| 2018 | 6.8% | +8.2% |
| 2019 | 6.4% | -5.4% |
| 2020 | 5.8% | -8.5% |
| 2021 | 6.0% | +2.4% |
| 2022 | 8.1% | +35.8% |
| 2023 | 8.3% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.9% | 3.9% | 3.9% | 1 |
| 2000s | 5.3% | 3.3% | 7.4% | 10 |
| 2010s | 7.5% | 6.2% | 9.0% | 10 |
| 2020s | 7.1% | 5.8% | 8.3% | 4 |
Countries ranked near Late-demographic dividend
- 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
- 9 Uzbekistan 21.7% compare
- 10 Marshall Islands 21.3% compare
More public sector data for Late-demographic dividend
- Arms imports 6.92 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.97 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 -9.75 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 6.92 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 259.7 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0202 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.9 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 604.82 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 172.06 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is other expense in Late-demographic dividend?
- Other expense in Late-demographic dividend was 8.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Late-demographic dividend?
- The highest recorded value was 9.0% in 2011.
- What is the lowest other expense recorded in Late-demographic dividend?
- The lowest recorded value was 3.3% in 2002.
- How does Late-demographic dividend rank for other expense?
- Late-demographic dividend ranks 7th out of 39 groups with data for 2023.
- Is other expense rising or falling in Late-demographic dividend?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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.