Western Hemisphere (Latin America and the Caribbean) General government total expenditure (% of GDP) Statistics

23, Oct 2019, EDT.

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Country or Region: Western Hemisphere (Latin America and the Caribbean) › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Western Hemisphere 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: US Dollar
Currency Symbol: US$

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.

General government total expenditure (% of GDP) Statistics for Western Hemisphere (Latin America and the Caribbean), Year 2015 - In Detail

General government total expenditure (% of GDP) for Western Hemisphere in year 2015 is 34.926 %. 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 Western Hemisphere n/a 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 %; Western Hemisphere is 1.05 more than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Western Hemisphere was 33.74 % General government total expenditure (% of GDP) for Western Hemisphere in 2015 was or will be 3.51% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Western Hemisphere was or will be 33.05 %, which is 5.39% less than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Western Hemisphere, in other Years
Year %
  2021 31.038
  2020 31.255
  2019 31.709
  2018 32.06
  2017 32.541
  2016 33.045
2015 34.926
  2014 33.743
  2013 32.689
  2012 32.476
  2011 32.426
  2010 32.183
  2009 31.696
  2008 30.494
  2007 29.262
  2006 29.215
  2005 28.447
  2004 27.168
  2003 28.429
  2002 27.216
  2001 26.657
  2000 26.091
  1999 28.272
  1998 29.859
  1997 29.431
  1996 29.506
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a