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Low & middle income Goods and services expense (% of expense) 2026: Interactive Chart & Historical Data

Goods and services expense (% of expense) in Low & middle income stood at 16% in 2022, according to World Bank. The latest value is up 0.13 percentage points from 15.87% in 2021. Ten years earlier, in 2012, the value was 16.37% (down 0.37 percentage points since). The highest value since 2008 was 16.48% in 2009, the lowest 14.32% in 2019.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (% of expense) in Low & middle income?

Goods and services expense (% of expense) in Low & middle income stood at 16% in 2022, according to World Bank.

Is Goods and services expense (% of expense) in Low & middle income rising or falling?

The latest value is up 0.13 percentage points from 15.87% in 2021. Ten years earlier, in 2012, the value was 16.37% (down 0.37 percentage points since).

What is the highest Goods and services expense (% of expense) on record in Low & middle income?

The highest value since 2008 was 16.48% in 2009, the lowest 14.32% in 2019.

Metadata for Goods and services expense (% of expense) in Low & middle income
IndicatorGoods and services expense (% of expense)
CountryLow & middle income
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.XPN.GSRV.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (% of expense) — Low & middle income [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/LMY. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS

MLA

World Bank. "Goods and services expense (% of expense) — Low & middle income." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/LMY. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

Chicago

World Bank. 2026. "Goods and services expense (% of expense) — Low & middle income." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/LMY. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_zs_lmy,
  author = {{World Bank}},
  title = {{Goods and services expense (\% of expense) --- Low \& middle income}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/LMY},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS}
}