Expense in Post-demographic dividend

Post-demographic dividend: Expense was 30.5% in 2023. ▲ Rising

Latest (2023)
30.5%
Change on year
up 2.6%
All-time high
34.7%
in 2020
All-time low
19.0%
in 1972
Years of data
52
1972–2023

Expense in Post-demographic dividend, 1972–2023

0102030197219972023

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Post-demographic dividend is 30.5%, measured in 2023.

Compared with earlier readings it is up 2.6% on the previous year and up 8.0% over ten years.

Over the whole period, expense in Post-demographic dividend peaked at 34.7% in 2020 and was at its lowest, 19.0%, in 1972.

The long-run direction has been consistently rising across the 52 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.6% 19.0% 23.1% 8
1980s 25.2% 24.3% 26.3% 10
1990s 26.7% 24.9% 28.5% 10
2000s 26.1% 24.6% 29.5% 10
2010s 27.9% 26.9% 29.6% 10
2020s 32.0% 29.7% 34.7% 4

More economy & growth data for Post-demographic dividend

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Frequently asked questions

What is expense in Post-demographic dividend?
Expense in Post-demographic dividend was 30.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Post-demographic dividend?
The highest recorded value was 34.7% in 2020.
What is the lowest expense recorded in Post-demographic dividend?
The lowest recorded value was 19.0% in 1972.
Is expense rising or falling in Post-demographic dividend?
Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
Where does this Post-demographic dividend data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

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CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.