Lower middle income - Expense
Expense (% of GDP)
Expense (% of GDP) in Lower middle income was 15.90 as of 2016. Its highest value over the past 26 years was 18.71 in 2008, while its lowest value was 15.53 in 1991.
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, and World Bank and OECD GDP estimates.
See also:
Year | Value |
---|---|
1990 | 15.94 |
1991 | 15.53 |
1992 | 16.12 |
1993 | 15.80 |
2002 | 17.42 |
2003 | 17.18 |
2004 | 16.82 |
2008 | 18.71 |
2009 | 18.29 |
2010 | 17.56 |
2011 | 16.90 |
2012 | 17.68 |
2013 | 17.90 |
2014 | 17.43 |
2015 | 17.04 |
2016 | 15.90 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance