Home/Countries/Bhutan/Government Expense (% of GDP)

BhutanGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #83 of 138Series years: 20002020
Latest Value
24.1%
2020
YoY Change
+44.8%
20192020
Global Rank
#83
of 138 countries
Maximum
24.1%
2020
Minimum
16.2%
2004
CAGR
+1.4%
21 years
Last
24.1%
Previous
16.6%
Highest
24.1%
Lowest
16.2%
Unit
% of GDP
Source
World Bank World Development Indicators

Bhutan's government expense (% of GDP) was 24.1% in 2020, ranking #83 out of 138 countries. This represents a +44.8% change from 2019. Over the past 21 years, the highest recorded value was 24.1% (2020) and the lowest was 16.2% (2004). Data sourced from the World Bank World Development Indicators.

Bhutan — Government Expense (% of GDP): 24.0761573964997 % of GDP for reference year 2020. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202024.1%+44.8%
201916.6%-14.2%
201819.4%+10.0%
201717.6%+0.0%
201617.6%-1.7%
201517.9%+5.2%
201417.0%-8.6%
201318.6%-1.3%
201218.9%-6.1%
201120.1%-0.1%
201020.1%-9.0%
200922.1%+2.7%
200821.6%+23.1%
200717.5%-4.7%
200618.4%-2.3%
200518.8%+15.8%
200416.2%-8.3%
200317.7%-0.3%
200217.8%-8.4%
200119.4%+6.0%
200018.3%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

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.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →