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

RomaniaGovernment Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #26 of 138Series years: 20002022
Latest Value
37.3%
2022
YoY Change
+0.3%
20212022
Global Rank
#26
of 138 countries
Maximum
38.2%
2020
Minimum
31.0%
2005
CAGR
+0.4%
23 years
Last
37.3%
Previous
37.2%
Highest
38.2%
Lowest
31.0%
Unit
% of GDP
Source
World Bank World Development Indicators

Romania's government expense (% of GDP) was 37.3% in 2022, ranking #26 out of 138 countries. This represents a +0.3% change from 2021. Over the past 23 years, the highest recorded value was 38.2% (2020) and the lowest was 31.0% (2005). Data sourced from the World Bank World Development Indicators.

Romania — Government Expense (% of GDP): 37.3030637489096 % 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
202237.3%+0.3%
202137.2%-2.7%
202038.2%+13.0%
201933.8%+3.3%
201832.7%+3.6%
201731.6%-1.9%
201632.2%-2.4%
201533.0%+1.8%
201432.4%+1.3%
201332.0%-0.8%
201232.3%-4.0%
201133.7%-3.4%
201034.8%-0.5%
200935.0%+9.2%
200832.0%-2.3%
200732.8%+4.2%
200631.5%+1.4%
200531.0%-0.5%
200431.2%-1.1%
200331.5%-0.9%
200231.8%-4.1%
200133.2%-3.6%
200034.4%

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 →