Costa Rica | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source
Costa Rica | Expense (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
15.54750831 1973
15.05784798 1974
16.30505943 1975
16.34777225 1976
16.1408549 1977
20.53394925 1978
21.28127096 1979
21.59133407 1980
18.09021274 1981
16.62477154 1982
20.97220719 1983
20.0232009 1984
19.50790169 1985
24.25588847 1986
25.56114678 1987
23.21420198 1988
24.35956645 1989
24.24988223 1990
18.41800428 1991
17.7816496 1992
19.36344696 1993
23.00190167 1994
21.54132385 1995
22.49141495 1996
21.39456423 1997
21.06179097 1998
22.12369714 1999
22.03412292 2000
22.7586749 2001
24.59491651 2002
23.62189843 2003
22.52538601 2004
22.64636281 2005
21.60123033 2006
21.16080786 2007
21.66893939 2008
24.74499251 2009
25.61362833 2010
25.37852071 2011
25.94468316 2012
26.51773958 2013
26.73585811 2014
28.55489407 2015
27.14673342 2016
25.39672837 2017
28.91922483 2018
29.63822635 2019
32.25344489 2020
30.06222766 2021
2022
Costa Rica | Expense (% of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Costa Rica
Records
63
Source