Benin: Government spending, percent of GDP
* indicates monthly or quarterly data series
Benin |
Government spending as percent of GDP |
---|---|
Latest value | 9.50 |
Year | 2023 |
Measure | percent |
Data availability | 1960 - 2023 |
Average | 10.87 |
Min - Max | 7.79 - 17.57 |
Source | The World Bank |
The latest value from 2023 is 9.5 percent, a decline from 10.06 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Benin from 1960 to 2023 is 10.87 percent. The minimum value, 7.79 percent, was reached in 2002 while the maximum of 17.57 percent was recorded in 1990.
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The government size of Benin and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 9.50 | 2023 | percent |
Government spending, in dollars | 1.87 | 2023 | billion U.S. dollars |
Fiscal balance, percent of GDP | -4.40 | 2023 | percent |
Government debt | 54.54 | 2023 | percent |
Tax revenue | 10.79 | 1979 | percent |
Commercial tax rate | 48.90 | 2019 | percent |
Tax preparation time | 270 | 2019 | hours |
Number of taxes | 54 | 2019 | taxes |
Taxes on goods and services | 8.50 | 1979 | percent |
Taxes on international trade | 41.22 | 1979 | percent |
Income and profits taxes | 9.57 | 1979 | percent |
Foreign aid | 844.37 | 2022 | million U.S. dollars |