Fiscal policy/Addendum
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↑ average of advanced G20 countries
Public Expenditure 2005
Percentage of GDP
Social expenditure Health expenditure Education expenditure Military expenditure Central government total France 29.2 8.9 5.7 2.0 53.4 Germany 26.7 8.2 4.6 1.5 46.9 Italy 23.0 6.8 4.5 1.8 48.7 Japan 18.6 6.7 3.5 0.8 38.4 United Kingdom 21.3 8.9 5.6 2.4 44.3 United States 15.9 6.0 5.3 4.1 36.6
(Sources OECD Factbook 2009 [1], OECD Outlook No 85 [2])and CIA world factbook [3] (for education spending) [4] (for military spending)
Public Debt
- ( % of GDP )
Japan Italy France Germany United States United Kingdom Average [1] 2007 195 107 65 65 62 44 79 2009 estimate 217 117 77 80 89 69 101 2010 estimate 226 123 84 87 100 82 110 2014 estimate 239 132 95 91 112 100 120
- (Source: The State of Public Finances: A Cross-Country Fiscal Monitor, IMF Staff Position Note SPN/09/, 21July 30 2009, [5])