20 Countries with the Highest Government Spending to GDP

4. Timor-Leste

Expenditure as a Percentage of GDP (2024): 88.37%

GDP Current Prices (2024): $1.99 billion 

Timor-Leste is a Southeast Asian country that ranks 4th on our list of countries with the highest government spending to GDP. According to the Asian Development Bank, the country is poised for growth, with GDP forecasted to grow at 3.4% in 2024 and 4.1% in 2025. Inflation is also easing for the Timor-Leste and is forecasted to ease from 3.5% in 2024 to 2.9% in 2025.