Greece | Expense (current LCU)

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
Hellenic Republic
Records
63
Source
Greece | Expense (current LCU)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 239148936.17021
1973 307028613.3529
1974 406016140.86574
1975 480616287.60088
1976 646661775.49523
1977 794218635.36317
1978 961760821.7168
1979 1183037417.4615
1980 1521261922.2304
1981 2057872340.4255
1982 3607278063.0961
1983 3496962582.5385
1984 4963433602.3478
1985 6120586940.5723
1986 7272017608.2172
1987 8959119589.1416
1988 10834101247.249
1989 14440733675.715
1990 19258547322.084
1991
1992
1993
1994
1995 39890000000
1996 43702000000
1997 48649000000
1998 53496000000
1999 55914000000
2000 60520000000
2001 64582000000
2002 68650000000
2003 75180000000
2004 84175000000
2005 85561000000
2006 92416000000
2007 102501000000
2008 114246000000
2009 121773000000
2010 114207000000
2011 111472000000
2012 105820000000
2013 108465000000
2014 86827000000
2015 90860000000
2016 84637000000
2017 84256000000
2018 86088000000
2019 86295000000
2020 96618000000
2021 100945000000
2022

Greece | Expense (current LCU)

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
Hellenic Republic
Records
63
Source