Indicator Definition:
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.
The indicator "Goods and services expense (current LCU)" stands at 182.00 Billion as of 12/31/2024, the highest value at least since 12/31/1973, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 6.63 percent compared to the value the year prior.
The 1 year change in percent is 6.63.
The 3 year change in percent is 28.55.
The 5 year change in percent is 47.22.
The 10 year change in percent is 92.75.
| Measure | Realization |
| Indicator Name: | Goods and services expense (current LCU) |
| Indicator Source: | International Monetary Fund, Government Finance Statistics Yearbook and data files. | macro-rankings.com |
| Indicator Description: | 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. |
| Observations Date: | 12/31/1972 |