Iran is the top country by general government total expenditure in the world. As of 2021, general government total expenditure in Iran was 8,265,128 billion LCU that accounts for 53.32% of the world's general government total expenditure. The top 5 countries (others are Indonesia, Viet Nam, Republic of Korea, and Colombia) account for 91.30% of it. The world's total general government total expenditure was estimated at 15,500,681 billion LCU in 2021.
The description is composed by our digital data assistant.Total expenditure consists of total expense and the net acquisition of non-financial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of non-financial assets into account.
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