Goods and services expense (current LCU) - Country Ranking - Europe

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Hungary 2,705,830,000,000.00 2019
2 Serbia 234,747,000,000.00 2019
3 Iceland 199,001,000,000.00 2019
4 Ukraine 183,257,000,000.00 2019
5 Czech Republic 155,081,000,000.00 2019
6 Turkey 150,252,000,000.00 2020
7 Norway 123,211,000,000.00 2019
8 United Kingdom 117,344,000,000.00 2019
9 Sweden 84,981,000,000.00 2019
10 Denmark 69,751,000,000.00 2019
11 France 62,822,350,000.00 2019
12 Poland 53,965,000,000.00 2019
13 Germany 51,107,960,000.00 2019
14 Albania 36,600,400,000.00 2019
15 Romania 32,924,270,000.00 2019
16 Italy 25,829,290,000.00 2019
17 Croatia 18,747,340,000.00 2019
18 Netherlands 18,307,260,000.00 2019
19 North Macedonia 14,048,900,000.00 2019
20 Moldova 11,027,000,000.00 2019
21 Austria 10,756,960,000.00 2019
22 Ireland 10,206,310,000.00 2019
23 Spain 9,773,000,000.00 2019
24 Switzerland 7,919,854,000.00 2019
25 Finland 7,355,203,000.00 2019
26 Portugal 7,310,902,000.00 2019
27 Greece 6,018,063,000.00 2019
28 Belarus 5,229,217,000.00 2019
29 Belgium 4,844,400,000.00 2019
30 Slovak Republic 3,377,171,000.00 2019
31 Bulgaria 3,133,804,000.00 2019
32 Bosnia and Herzegovina 2,251,672,000.00 2019
33 Slovenia 2,077,106,000.00 2019
34 Luxembourg 1,869,606,000.00 2019
35 Latvia 1,552,474,000.00 2019
36 Lithuania 1,163,258,000.00 2019
37 Cyprus 1,075,770,000.00 2019
38 Estonia 1,033,747,000.00 2019
39 Malta 906,837,100.00 2019
40 San Marino 140,633,200.00 2019

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Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual