23, Jan 2021, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Tuvalu › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Tuvalu indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Australian Dollar
Currency Symbol: AUD

Total expenditure consists of total expense and the net acquisition of nonfinancial 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 nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Tuvalu in year 2015 is 116.12 %. Total expenditure consists of total expense and the net acquisition of nonfinancial 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 nonfinancial assets into account.

This makes Tuvalu No. 1 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Tuvalu is 82.24 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Tuvalu was 86.75 % General government total expenditure (% of GDP) for Tuvalu in 2015 was or will be 33.85% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Tuvalu was or will be 103.84 %, which is 10.57% less than the 2015 figure.