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

MalawiGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #97 of 138Series years: 20092022
Latest Value
20.2%
2022
YoY Change
+17.4%
20212022
Global Rank
#97
of 138 countries
Maximum
20.2%
2022
Minimum
11.9%
2012
CAGR
+2.0%
14 years
Last
20.2%
Previous
17.2%
Highest
20.2%
Lowest
11.9%
Unit
% of GDP
Source
World Bank World Development Indicators

Malawi's government expense (% of GDP) was 20.2% in 2022, ranking #97 out of 138 countries. This represents a +17.4% change from 2021. Over the past 14 years, the highest recorded value was 20.2% (2022) and the lowest was 11.9% (2012). Data sourced from the World Bank World Development Indicators.

Malawi — Government Expense (% of GDP): 20.1738542237372 % of GDP for reference year 2022. 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
202220.2%+17.4%
202117.2%+4.2%
202016.5%+11.9%
201914.7%-1.2%
201814.9%+12.7%
201713.2%+7.4%
201612.3%-4.5%
201512.9%-8.2%
201414.1%+8.3%
201313.0%+9.4%
201211.9%-5.2%
201112.5%-1.4%
201012.7%-19.0%
200915.7%

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 →