West Bank and Gaza—Government Expense (% of GDP)
West Bank and Gaza's government expense (% of GDP) was 26.2% in 2021, ranking #71 out of 138 countries. This represents a -10.5% change from 2020. Over the past 17 years, the highest recorded value was 43.0% (2006) and the lowest was 24.5% (2019). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 26.2% | -10.5% |
| 2020 | 29.2% | +19.5% |
| 2019 | 24.5% | -0.6% |
| 2018 | 24.6% | -8.4% |
| 2017 | 26.9% | +4.7% |
| 2016 | 25.7% | -4.9% |
| 2015 | 27.0% | +1.4% |
| 2014 | 26.6% | +5.7% |
| 2013 | 25.2% | -2.0% |
| 2012 | 25.7% | -8.8% |
| 2011 | 28.2% | -11.2% |
| 2010 | 31.7% | -14.7% |
| 2009 | 37.2% | -10.4% |
| 2008 | 41.5% | +7.9% |
| 2007 | 38.5% | -10.4% |
| 2006 | 43.0% | +17.5% |
| 2005 | 36.6% |
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