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Iran is the top country by general government total expenditure in the world. As of 2018, general government total expenditure in Iran was 3,418,629 billion LCU that accounts for 37.59 % of the world's general government total expenditure. The top 5 countries (others are Indonesia, Viet Nam, Republic of Korea, and Colombia) account for 89.09 % of it. The world's total general government total expenditure was estimated at 9,093,719 billion LCU in 2018.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.