Government expenditure in the World

93.57 US$ billions in 2023

Government expenditure of World increased from 55.82 US$ billions in 2004 to 93.57 US$ billions in 2023 growing at an average annual rate of 2.76%.

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Government expenditure in the World
U.S. Dollars Current Prices 108.53 US$ billions in 2023 WTTC
Expenditure in the World
Leisure 5,413.72 US$ billions in 2023 WTTC
Business 1,418.06 US$ billions in 2023 WTTC
Macro Region (US$ billions in 2023)
Europe 39.02 WTTC
Oceania 3.62 WTTC
Middle East 2.89 WTTC
Africa 1.55 WTTC
Asia 85 timeseries
Central America and the Caribbean 104 timeseries
North America 15 timeseries
South America 60 timeseries
Southeast Asia 65 timeseries
Country (LCU in billions in 2023)

Venezuela (Bolivarian Republic of) is the top country by government expenditure in the world. As of 2023, government expenditure in Venezuela (Bolivarian Republic of) was 2,787,640,000 LCU in billions that accounts for 100.00% of the world's government expenditure. The top 5 countries (others are Indonesia, Iran, Republic of Korea, and Viet Nam) account for 100.00% of it. The world's total government expenditure was estimated at 2,787,692,710.27 LCU in billions in 2023.

The description is composed by our digital data assistant.
Venezuela (Bolivarian Republic of) 2.79B WTTC
Indonesia 25,512.4 WTTC
Iran 20,437.8 WTTC
Republic of Korea 1,328.88 WTTC
Viet Nam 1,051.41 WTTC
Japan 681.65 WTTC
Colombia 517.31 WTTC
Paraguay 391.89 WTTC
Lao People’s Democratic Republic 374.01 WTTC
Iraq 329.63 WTTC
United Republic of Tanzania 257.62 WTTC
Chile 185.22 WTTC
Lebanon 166.96 WTTC
Myanmar 121.49 WTTC
Uzbekistan 115.94 WTTC
China 113.92 WTTC
Guinea 107.22 WTTC
Cambodia 102.21 WTTC
Russian Federation 84.28 WTTC
Madagascar 76.81 WTTC
Hungary 67.79 WTTC
Costa Rica 66.85 WTTC
India 45.89 WTTC
Kazakhstan 42.99 WTTC
Uganda 39.97 WTTC
Mongolia 36.21 WTTC
Sierra Leone 25.29 WTTC
United States of America 22.44 WTTC
Mexico 22.22 WTTC
Argentina 18.91 WTTC
Kenya 18.84 WTTC
Pakistan 18.22 WTTC
Germany 14.3 WTTC
Dominican Republic 12.92 WTTC
Angola 12.76 WTTC
Thailand 12.08 WTTC
Senegal 11.4 WTTC
Democratic Republic of the Congo 11.37 WTTC
Sri Lanka 11.26 WTTC
Côte d'Ivoire 9.88 WTTC
Gabon 9.37 WTTC
Syrian Arab Republic 9.18 WTTC
Burkina Faso 8.55 WTTC
Jamaica 8.53 WTTC
Algeria 8.52 WTTC
Turkey 8.48 WTTC
Cameroon 7.82 WTTC
Iceland 7.63 WTTC
Norway 7.61 WTTC
Egypt 7.27 WTTC
Bangladesh 7 WTTC
Armenia 6.64 WTTC
Taiwan Province of China 6.43 WTTC
Brazil 6.08 WTTC
Czech Republic 6.03 WTTC
Ukraine 5.63 WTTC
Mali 5.38 WTTC
Benin 5.13 WTTC
Nigeria 5.1 WTTC
Yemen 5.1 WTTC
Rwanda 5.01 WTTC
Sweden 4.21 WTTC
United Arab Emirates 4.03 WTTC
Nepal 3.83 WTTC
Australia 3.83 WTTC
Hong Kong 3.41 WTTC
Canada 3.13 WTTC
Niger 3.09 WTTC
Uruguay 2.8 WTTC
Togo 2.68 WTTC
Serbia 2.59 WTTC
Burundi 2.52 WTTC
Congo 2.48 WTTC
France 2.35 WTTC
Mauritius 2.33 WTTC
Spain 2.15 WTTC
Denmark 2 WTTC
Malawi 1.99 WTTC
Philippines 1.93 WTTC
Chad 1.9 WTTC
Ethiopia 1.82 WTTC
Poland 1.73 WTTC
Italy 1.64 WTTC
United Kingdom 1.64 WTTC
Albania 1.39 WTTC
Guyana 1.37 WTTC
Morocco 1.37 WTTC
Saudi Arabia 1.28 WTTC
Mozambique 1.24 WTTC
Israel 1.09 WTTC
South Africa 1.05 WTTC
Macau 0.93 WTTC
Singapore 0.86 WTTC
Switzerland 0.83 WTTC
Honduras 0.71 WTTC
Netherlands 0.61 WTTC
Romania 0.6 WTTC
Malaysia 0.56 WTTC
Comoros 0.56 WTTC
Austria 0.55 WTTC
Guatemala 0.54 WTTC
Botswana 0.54 WTTC
Belgium 0.49 WTTC
Central African Republic 0.47 WTTC
Qatar 0.46 WTTC
Maldives 0.45 WTTC
Peru 0.43 WTTC
Kyrgyzstan 0.42 WTTC
Cabo Verde 0.37 WTTC
Sudan 0.34 WTTC
Vanuatu 0.33 WTTC
Portugal 0.33 WTTC
Cuba 0.31 WTTC
Nicaragua 0.31 WTTC
New Zealand 0.31 WTTC
Tunisia 0.28 WTTC
Bolivia 0.28 WTTC
North Macedonia 0.24 WTTC
Finland 0.23 WTTC
Seychelles 0.23 WTTC
Ghana 0.22 WTTC
Haiti 0.2 WTTC
Zambia 0.2 WTTC
Ireland 0.2 WTTC
Ecuador 0.17 WTTC
Republic of Moldova 0.16 WTTC
Croatia 0.14 WTTC
Gambia 0.14 WTTC
Libya 0.13 WTTC
Bulgaria 0.1 WTTC
Jordan 0.1 WTTC
Namibia 0.1 WTTC
Eswatini 0.08 WTTC
Panama 0.07 WTTC
Estonia 0.06 WTTC
Luxembourg 0.06 WTTC
Slovakia 0.06 WTTC
Slovenia 0.06 WTTC
Tajikistan 0.06 WTTC
Trinidad and Tobago 0.06 WTTC
Azerbaijan 0.05 WTTC
Bahamas 0.05 WTTC
Fiji 0.05 WTTC
Georgia 0.05 WTTC
Puerto Rico 0.05 WTTC
Antigua and Barbuda 0.04 WTTC
Belarus 0.04 WTTC
Cyprus 0.04 WTTC
Greece 0.04 WTTC
Lithuania 0.04 WTTC
Barbados 0.03 WTTC
Latvia 0.03 WTTC
Lesotho 0.03 WTTC
Malta 0.03 WTTC
Saint Lucia 0.03 WTTC
Bahrain 0.02 WTTC
El Salvador 0.02 WTTC
Kuwait 0.02 WTTC
Oman 0.02 WTTC
Papua New Guinea 0.02 WTTC
Zimbabwe 0.02 WTTC
Belize 0.01 WTTC
Bosnia and Herzegovina 0.01 WTTC
Grenada 0.01 WTTC
Saint Kitts and Nevis 0.01 WTTC
Saint Vincent and the Grenadines 0.01 WTTC
Sao Tome and Principe 0.01 WTTC
Solomon Islands 0.01 WTTC
Suriname 0.01 WTTC
Brunei Darussalam 0 WTTC
Dominica 0 WTTC
Kiribati 0 WTTC
Montenegro 0 WTTC
Tonga 0 WTTC