Netherlands - Expense (current LCU)

The value for Expense (current LCU) in Netherlands was 303,388,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 303,388,000,000 in 2019 and a minimum value of 31,832,680,000 in 1973.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

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

Year Value
1973 31,832,680,000
1974 38,153,840,000
1975 46,884,570,000
1976 53,686,740,000
1977 59,908,060,000
1978 66,374,430,000
1979 73,135,760,000
1980 80,196,580,000
1981 86,957,900,000
1982 94,980,730,000
1983 99,827,110,000
1984 103,244,000,000
1985 105,304,000,000
1986 108,889,000,000
1987 112,637,000,000
1988 112,510,000,000
1989 114,915,000,000
1990 119,399,000,000
1991 127,063,000,000
1992 133,842,000,000
1993 138,512,000,000
1994 142,464,000,000
1995 157,598,000,000
1996 142,038,000,000
1997 148,981,000,000
1998 152,842,000,000
1999 157,683,000,000
2000 164,880,000,000
2001 178,285,000,000
2002 186,872,000,000
2003 195,917,000,000
2004 197,975,000,000
2005 201,367,000,000
2006 219,071,000,000
2007 228,538,000,000
2008 241,577,000,000
2009 258,489,000,000
2010 265,681,000,000
2011 267,137,000,000
2012 269,670,000,000
2013 273,525,000,000
2014 275,013,000,000
2015 275,616,000,000
2016 276,171,000,000
2017 279,001,000,000
2018 291,597,000,000
2019 303,388,000,000

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

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance