This dataset provides values for GOVERNMENT SPENDING TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Between 2010 and 2024, France constantly had the highest total government expenditure of the G7 countries in terms of share of gross domestic product (GDP). In 2024, its total expenditure was estimated to amount to ** percent of its GDP. On the other hand, the United States had the lowest government expenditure that year at ** percent of its GDP. Government spending increased in all G7 countries in 2020 to stem the effects of the COVID-19 pandemic.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This statistic shows the public spending ratio in the member states of the European Union in 2024. All figures are estimates. The public spending ratio is the ratio of state expenditures to the gross domestic product (GDP). In 2024, Belgium's public spending ratio amounted to about 54.32 percent of the GDP.

Hong Kong: Government spending as percent of GDP: The latest value from 2024 is 12.84 percent, a decline from 13.31 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Hong Kong from 1960 to 2024 is 7.98 percent. The minimum value, 5.17 percent, was reached in 1965 while the maximum of 14.34 percent was recorded in 2022.

The average for 2023 based on 18 countries was 17.22 percent. The highest value was in France: 23.12 percent and the lowest value was in Indonesia: 7.45 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

India: Government spending as percent of GDP: The latest value from 2024 is 10.14 percent, a decline from 10.31 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for India from 1960 to 2024 is 10.14 percent. The minimum value, 6.57 percent, was reached in 1960 while the maximum of 12.18 percent was recorded in 1999.

In 2022, Norway was the country that spent the highest share of its gross domestic product (GDP) on higher education, reaching 1.8 percent. Of this, 0.1 percent came from private sources. Austria followed behind, with its total spending reaching 1.6 percent of its GDP. On the other hand, higher education spending in Luxembourg only amounted to 0.4 percent of its GDP. To find out more about the expenditure on higher education per student in selected countries worldwide, please click here.

The ratio of government expenditure to GDP in Micronesia was forecast to increase between 2024 and 2030 by in total 11.27 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The ratio is estimated to amount to 68.24 percent in 2030. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more key insights for the ratio of government expenditure to GDP in countries like Solomon Islands, Tonga, and Marshall Islands.

In 2023, the government expenditure on education in Bhutan was **** percent of the gross domestic product (GDP). In contrast, the government expenditure on education in Laos was about **** percent of the GDP that year.

The statistic shows the ratio of government expenditure to gross domestic product (GDP) in countries of the Arab world (Arab League) in 2023. In 2023, government expenditure in Algeria amounted to about 37.44 percent of the region's gross domestic product.

The ratio of government expenditure to GDP in France was estimated at about 57.16 percent in 2024. From 1980 to 2024, the ratio rose by approximately 10.30 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.37 percentage points, showing an overall upward trend with periodic ups and downs.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

The average for 2023 based on 42 countries was 14.65 percent. The highest value was in Lesotho: 35.58 percent and the lowest value was in Angola: 5.17 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

This dataset provides values for GOVERNMENT SPENDING TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2023 based on 27 countries was 19.98 percent. The highest value was in Sweden: 26.02 percent and the lowest value was in Ireland: 12.17 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

This dataset provides a summary of government spending on healthcare, presented as a share of a country's GDP, for the years 2000–2020. The summary contains data for selected European countries, including Poland, the US, China, and India.

The statistic shows the ratio of government expenditure to the gross domestic product (GDP) in Greece from 2020 to 2023, with projections up until 2030. In 2023, Greece's government spending amounted to about 49.55 percent of the gross domestic product. Greece's financial turmoil In 2011, the ratio of government expenditure to GDP in Greece started to decrease significantly from 53.73 percent to 46.36 percent in 2014. However, looking at Greece’s ratio compared to the other member states of the European Union, it shows that Greece - while still having a relatively high ratio - is not at the top of the list of countries with a high public ratio. Yet, Greece has a history of spending significantly more than it has been acquiring in government revenue. This unbalanced spending vs revenue situation is expected to change at some point between 2015 and 2016. When spending more than it received, Greece covered its yearly deficits by borrowing money to make up the difference. The accumulation of these deficits resulted in Greece’s growing debt, which in 2014 amounted to a total of 317.31 billion euros, and with the economic crisis, the country has had difficulties in paying back its large debts. However, it appears as if Greece is beginning to keep government spending below revenue in the near future. In order to recover, the country also needs economic growth, and according to the IMF, GDP is expected to increase after 2015 and along with it, Greece will likely see positive growth rates.

This dataset provides a comprehensive view of key macroeconomic indicators across various entities (countries or regions) over time. It includes annual data for the following variables:

Entity: The name of the country or region for which the data is recorded. Code: A standardized three-letter country or region code, facilitating easier identification and merging with other datasets. Year: The calendar year for which the economic indicators are reported. GDP per capita: The gross domestic product (GDP) divided by the midyear population. It represents the average economic output per person and is a common measure of living standards and economic development. Value of global merchandise exports as a share of GDP: This indicates the proportion of a country's total economic output that is represented by the value of its exported goods. It highlights the importance of international trade in the economy. Government expenditure (% of GDP): The total spending by the government as a percentage of the country's GDP. This reflects the size and scope of government involvement in the economy. Trade as a Share of GDP: The sum of a country's total exports and imports of goods and services, expressed as a percentage of its GDP. This metric indicates the overall openness of an economy to international trade. ****Inflation, consumer prices (annual %)****: The percentage change in the average prices of goods and services typically purchased by households over a one-year period. It measures the rate at which the cost of living is changing.

Canada: Government spending as percent of GDP: The latest value from 2023 is 20.91 percent, an increase from 20.42 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 156 countries. Historically, the average for Canada from 1961 to 2023 is 20.59 percent. The minimum value, 15.96 percent, was reached in 1965 while the maximum of 24.44 percent was recorded in 1992.

Turkey: Government spending as percent of GDP: The latest value from 2024 is 14.74 percent, an increase from 13.1 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Turkey from 1960 to 2024 is 11.67 percent. The minimum value, 7.52 percent, was reached in 1985 while the maximum of 15.66 percent was recorded in 2009.