Greece—Government Expense (% of GDP)
Greece's government expense (% of GDP) was 47.3% in 2023, ranking #7 out of 138 countries. This represents a -6.9% change from 2022. Over the past 24 years, the highest recorded value was 61.4% (2013) and the lowest was 43.1% (2006). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 47.3% | -6.9% |
| 2022 | 50.8% | -7.4% |
| 2021 | 54.8% | -5.6% |
| 2020 | 58.1% | +23.7% |
| 2019 | 46.9% | -2.3% |
| 2018 | 48.0% | +0.7% |
| 2017 | 47.7% | -2.4% |
| 2016 | 48.9% | -6.4% |
| 2015 | 52.2% | +5.0% |
| 2014 | 49.7% | -18.9% |
| 2013 | 61.4% | +6.9% |
| 2012 | 57.4% | +4.7% |
| 2011 | 54.8% | +7.3% |
| 2010 | 51.1% | -1.7% |
| 2009 | 52.0% | +8.6% |
| 2008 | 47.9% | +7.0% |
| 2007 | 44.7% | +3.7% |
| 2006 | 43.1% | -1.8% |
| 2005 | 43.9% | -1.4% |
| 2004 | 44.6% | +3.2% |
| 2003 | 43.2% | -0.0% |
| 2002 | 43.2% | -1.4% |
| 2001 | 43.8% | -1.5% |
| 2000 | 44.4% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
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