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Financial Sector » General Government finance - General government total expenditure in % of GDP


Tuvalu is the top country by general government total expenditure (% of GDP) in the world. As of 2016, general government total expenditure (% of GDP) in Tuvalu was 127.3 %. The top 5 countries also includes Kiribati, Nauru, Libya, and Marshall Islands.

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Total expenditure consists of total expense and the net acquisition of non-financial 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 non-financial assets into account.