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United States - Government Spending 1974

Name: United States Government Spending 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

17.88% −0.01% from 1973 Global rank: 17th

United States's government spending was 17.88% in 1974, decreased +0.01% from 17.90% in 1973. This was the 17th highest globally.

Global Ranking - 1974▾

Government Spending by Country - 1974
Rank	Country	Value	YoY
1st	India	8.73%	-
2nd	Honduras	8.87%	-1.5%
3rd	Thailand	10.33%	-13.3%
4th	Dominican Republic	11.27%	5.6%
5th	Mexico	11.67%	12.0%
6th	Peru	11.75%	-10.7%
7th	Korea	12.16%	9.0%
8th	Japan	12.21%	12.0%
9th	Türkiye	12.28%	-18.9%
10th	Switzerland	13.02%	5.1%
11th	Singapore	13.21%	-4.6%
12th	Indonesia	13.23%	17.0%
13th	Mauritius	14.00%	-2.9%
14th	Costa Rica	15.06%	-3.1%
15th	South Africa	16.04%	6.4%
16th	Spain	16.41%	1.3%
17th	United States	17.88%	-0.1%
18th	Australia	18.12%	-1.7%
19th	Greece	18.46%	15.1%
20th	Kuwait	19.41%	-15.4%
21st	Finland	21.09%	6.1%
22nd	Luxembourg	21.59%	-2.0%
23rd	Tunisia	21.67%	0.9%
24th	Uruguay	21.93%	37.7%
25th	Germany	22.11%	7.8%
26th	Chile	23.50%	-9.3%
27th	Sweden	24.20%	5.3%
28th	European Union	25.73%	4.9%
29th	Iceland	25.94%	13.3%
30th	Italy	26.52%	-0.1%
31st	New Zealand	27.67%	6.2%
32nd	Austria	28.01%	1.1%
33rd	Norway	28.27%	0.2%
34th	Denmark	30.20%	12.6%
35th	France	31.41%	6.0%
36th	Ireland	31.53%	10.0%
37th	Iran, Islamic Republic of	33.07%	79.0%
38th	United Kingdom	33.25%	15.3%
39th	Netherlands	35.80%	2.6%
40th	Malta	38.88%	21.1%
41st	Israel	50.95%	-3.0%

FAQ

What was United States's government spending in 1974?▾

United States's government spending in 1974 was 17.88%. This ranked 17th globally.

How did United States's government spending change in 1974?▾

United States's government spending decreased by 0.1% in 1974 compared to 1973.

Which country had the highest government spending in 1974?▾

Israel had the highest government spending in 1974 at 50.95%.

What is the government spending of United States in 1974?▾

The government spending of United States in 1974 was 17.88%. This ranked 17th globally.

How does 1974 compare to 1973 for United States's government spending?▾

United States's government spending went from 17.90% in 1973 to 17.88% in 1974, a 0.1% decrease.

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