Euro area | Goods and services expense (% of expense)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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
Euro area
Records
63
Source
Euro area | Goods and services expense (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
14.0678839 1973
10.9375 1974
10.75774543 1975
10.1056338 1976
9.9255864 1977
8.96296296 1978
9.43971893 1979
10.27912305 1980
10.4195182 1981
10.30686038 1982
10.19937767 1983
10.13467857 1984
10.13575982 1985
9.49109401 1986
9.87046725 1987
10.00243256 1988
9.80842076 1989
10.00393252 1990
7.54751241 1991
7.4146475 1992
9.12918777 1993
9.37019551 1994
6.58175106 1995
6.91927586 1996
7.00774174 1997
6.58244489 1998
6.63511016 1999
6.87404931 2000
7.3078827 2001
7.99264158 2002
8.60159955 2003
8.59658941 2004
8.92775341 2005
10.30622061 2006
10.13583903 2007
9.45556775 2008
8.76664755 2009
8.38234983 2010
7.89061515 2011
7.66478756 2012
7.75579072 2013
7.55573898 2014
7.75521728 2015
8.22459192 2016
8.07777472 2017
7.49055816 2018
7.32347707 2019
6.78312695 2020
7.43148077 2021
2022
Euro area | Goods and services expense (% of expense)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. 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
Euro area
Records
63
Source