Kiribati is being the top country by total expenditure, % of GDP in the world. As of 2016, total expenditure, % of GDP in Kiribati was 134.1 percent of GDP. The top 5 countries also includes Tuvalu, Libya, Timor-Leste, and Marshall Islands.
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.