Government Spending

South America Ranking

billion USDSource: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Brazil377.0220191381.38
2Venezuela70.442014445.96
3Argentina60.462020268.74
4Colombia48.092020351.54
5Chile40.132020540.87
6Peru30.252019629.11
7Uruguay7.84201477.78
8Bolivia7.23202087.06
9Paraguay4.47202094.53
10Suriname0.582010100.51
11Guyana0.222005110.21

Definition of Government Spending

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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