
Eritrea: Government spending, percent of GDP
* indicates monthly or quarterly data series
Eritrea |
Government spending as percent of GDP |
---|---|
Latest value | 26.62 |
Year | 2011 |
Measure | percent |
Data availability | 1992 - 2011 |
Average | 36.11 |
Min - Max | 20.11 - 62.13 |
Source | The World Bank |
The latest value from 2011 is 26.62 percent, a decline from 31.81 percent in 2010. In comparison, the world average is 16.26 percent, based on data from 168 countries. Historically, the average for Eritrea from 1992 to 2011 is 36.11 percent. The minimum value, 20.11 percent, was reached in 2009 while the maximum of 62.13 percent was recorded in 1999.
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The government size of Eritrea 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 | 26.62 | 2011 | percent |
Government spending, in dollars | 0.55 | 2011 | billion U.S. dollars |
Fiscal balance, percent of GDP | -0.10 | 2023 | percent |
Government debt | 260.39 | 2019 | percent |
Commercial tax rate | 83.70 | 2019 | percent |
Tax preparation time | 216 | 2019 | hours |
Number of taxes | 30 | 2019 | taxes |
Foreign aid | 54.71 | 2022 | million U.S. dollars |