Expense in World
World: Expense was 28.5% in 2022. ▲ Rising
Expense in World, 1990–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in World is 28.5%, measured in 2022.
The figure is down 10.3% on the previous year and up 3.8% over ten years.
Over the whole period, expense in World peaked at 33.4% in 2020 and was at its lowest, 23.6%, in 2000.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.8% | 23.7% | 25.5% | 7 |
| 2000s | 25.2% | 23.6% | 28.4% | 10 |
| 2010s | 27.0% | 26.1% | 28.4% | 10 |
| 2020s | 31.2% | 28.5% | 33.4% | 3 |
More economy & growth data for World
- Gross national expenditure 111.01 trillion current US$ (2024)
- Households and NPISHs final consumption expenditure 56.6% (2024)
- Final consumption expenditure 81.66 trillion current US$ (2024)
- Final consumption expenditure 70.92 trillion constant 2015 US$ (2024)
- Final consumption expenditure 2.9% (2024)
- Exports of goods and services 34.89 trillion current US$ (2025)
- Exports of goods and services 4.9% (2025)
- Exports of goods and services 28.33 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 29.57 trillion current US$ (2025)
- Gross national expenditure 96.34 trillion constant 2015 US$ (2024)
Frequently asked questions
- What is expense in World?
- Expense in World was 28.5% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in World?
- The highest recorded value was 33.4% in 2020.
- What is the lowest expense recorded in World?
- The lowest recorded value was 23.6% in 2000.
- Is expense rising or falling in World?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is rising.
- Where does this World 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.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.