Top 40 Countries with The Highest General Government Total Spending (1989-2023) [4K]
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Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Please subscribe to our channel: https://bit.ly/36ziqy7
The video compares General government total expenditure of the top 40 countries/economies on a dynamic graph. Dates range from 1989 to 2023 - historical data and prediction. The data is presented in % of GDP (yearly).
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 nonfinancial assets into account.
A Playlist with more videos (related to global data):
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