Government Expenditure Some numbers Annual expenditures have grown by a factor of 290from1929-2001 Inflation, population also changing. Real, per-capita expenditure still 10 times as large As percentage of GDP, government expenditure was 9.6%in1929,and29.3%in20017 Government Expenditure • Some numbers • Annual expenditures have grown by a factor of 290 from 1929-2001. – Inflation, population also changing. Real, per-capita expenditure still 10 times as large. – As percentage of GDP, government expenditure was 9.6% in 1929, and 29.3% in 2001