St. Vincent and the Grenadines—Government Expense (% of GDP)
St. Vincent and the Grenadines's government expense (% of GDP) was 24.7% in 2017. This represents a +5.7% change from 2016. Over the past 18 years, the highest recorded value was 25.7% (2011) and the lowest was 19.4% (2004). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2017 | 24.7% | +5.7% |
| 2016 | 23.4% | -3.1% |
| 2015 | 24.2% | -1.2% |
| 2014 | 24.5% | +2.8% |
| 2013 | 23.8% | -4.1% |
| 2012 | 24.8% | -3.5% |
| 2011 | 25.7% | +5.6% |
| 2010 | 24.3% | -0.1% |
| 2009 | 24.4% | +11.7% |
| 2008 | 21.8% | +10.9% |
| 2007 | 19.7% | -3.9% |
| 2006 | 20.5% | -1.1% |
| 2005 | 20.7% | +6.6% |
| 2004 | 19.4% | -2.1% |
| 2003 | 19.8% | -4.4% |
| 2002 | 20.7% | -0.0% |
| 2001 | 20.7% | -0.4% |
| 2000 | 20.8% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 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