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Greece

Greece Spending Stats

Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT AMOUNT DATE RANK HISTORY
Compensation of employees > % of expense 22.28% 2008 44th out of 87
Compensation of employees > Current LCU 24.75 billion 2008 51st out of 86
Expense > % of GDP 46.44% 2008 3rd out of 84
Expense > Current LCU 111.05 billion 2008 52nd out of 86
Goods and services expense > % of expense 9.13% 2008 68th out of 87
Goods and services expense > Current LCU 10.14 billion 2008 55th out of 86
Interest payments > % of expense 9.84% 2008 21st out of 87
Interest payments > % of revenue 11.55% 2008 14th out of 88
Interest payments > Current LCU 10.93 billion 2008 43th out of 87
Other expense > % of expense 3% 2008 69th out of 82
Other expense > Current LCU 3.33 billion 2008 55th out of 81
Subsidies and other transfers > % of expense 44.33% 2008 44th out of 87
Subsidies and other transfers > Current LCU 49.23 billion 2008 49th out of 86

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

Citation

Greece Government > Spending Profiles (Subcategories)

Interest payments 3
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