economic2023

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Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2023; countries can have different observation years.

Source: Our World in Data42 countries

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Key Insights

Global Average
0.6% of GDP
Median: 0.5% of GDP
Countries Covered
42
with available data
Highest
Canada
2.4% of GDP
Lowest
Estonia
0.1% of GDP
Top 5 Countries
1Canada2.4% of GDP
2New Zealand2.4% of GDP
3United Kingdom1.6% of GDP
4Italy1.6% of GDP
5Netherlands1.4% of GDP
By Region
North America1.3% of GDP(3 countries)
Oceania1.3% of GDP(2 countries)
Asia0.7% of GDP(3 countries)
Europe0.5% of GDP(29 countries)
South America0.4% of GDP(3 countries)

Country Rankings

Top 10 Countries

Bottom 10 Countries

Data Analysis

Value Distribution

How countries are distributed across the value range

Low (0.1% of GDP)High (2.4% of GDP)

Regional Comparison

Average values by world region (Global avg: 0.6% of GDP)

North America (3)
Oceania (2)
Asia (3)
Europe (29)
South America (3)
Other (2)

Percentile Profile

The curve shows how values change from the lowest to the highest country. Steep sections reveal inequality or outliers.

0th percentile · lowest100th percentile · highest

About This Statistic

Latest available country observation from Our World in Data, based on the chart's cited sources. The series currently runs through 2023; countries can have different observation years. Source: Our World in Data.

Methodology

Country values are taken from the latest observation available in the linked source series.

Full Data

Rank Country Value
1Canada2.4% of GDP
2New Zealand2.4% of GDP
3United Kingdom1.6% of GDP
4Italy1.6% of GDP
5Netherlands1.4% of GDP
6Denmark1.1% of GDP
7France1.1% of GDP
8Finland1.0% of GDP
9Iceland1.0% of GDP
10South Korea0.9% of GDP
11Slovenia0.8% of GDP
12United States of America0.8% of GDP
13Mexico0.7% of GDP
14Belgium0.6% of GDP
15Japan0.6% of GDP
16Chile0.6% of GDP
17Austria0.6% of GDP
18Sweden0.5% of GDP
19Luxembourg0.5% of GDP
20Norway0.5% of GDP
21Israel0.5% of GDP
22Switzerland0.5% of GDP
23Spain0.4% of GDP
24Greece0.4% of GDP
25Colombia0.4% of GDP
26Bulgaria0.3% of GDP
27Lithuania0.3% of GDP
28Croatia0.2% of GDP
29Portugal0.2% of GDP
30Australia0.2% of GDP
31Germany0.2% of GDP
32Peru0.1% of GDP
33Slovakia0.1% of GDP
34Poland0.1% of GDP
35Latvia0.1% of GDP
36Hungary0.1% of GDP
37Romania0.1% of GDP
38Czech Republic0.1% of GDP
39Ireland0.1% of GDP
40Türkiye0.1% of GDP
41Costa Rica0.1% of GDP
42Estonia0.1% of GDP
Showing 42 of 42 countries

Topics

Data Source

This data comes from Our World in Data (2023).

View Original Source