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

MaldivesGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #55 of 138Series years: 20002021
Latest Value
29.5%
2021
YoY Change
-16.6%
20202021
Global Rank
#55
of 138 countries
Maximum
35.3%
2020
Minimum
17.4%
2003
CAGR
+0.7%
20 years
Last
29.5%
Previous
35.3%
Highest
35.3%
Lowest
17.4%
Unit
% of GDP
Source
World Bank World Development Indicators

Maldives's government expense (% of GDP) was 29.5% in 2021, ranking #55 out of 138 countries. This represents a -16.6% change from 2020. Over the past 20 years, the highest recorded value was 35.3% (2020) and the lowest was 17.4% (2003). Data sourced from the World Bank World Development Indicators.

Maldives — Government Expense (% of GDP): 29.475529855381 % of GDP for reference year 2021. 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
202129.5%-16.6%
202035.3%+39.1%
201925.4%+15.7%
201822.0%+8.0%
201720.4%-15.9%
201624.2%-8.8%
201526.5%+7.6%
201424.7%+10.0%
201122.4%-11.9%
201025.4%-12.9%
200929.2%+13.8%
200825.7%-6.4%
200727.4%-1.4%
200627.8%-10.8%
200531.2%+75.6%
200417.8%+1.9%
200317.4%-5.2%
200218.4%-0.7%
200118.5%-27.5%
200025.5%

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 →