Year % of GDP 1970 50.6046445360787 1971 46.9886401383189 1972 45.67106552988846 1973 45.96224078424156 1974 47.53989913987595 1975 47.559683203379386 1976 48.77116897273295 1977 48.354640227047426 1978 48.835259864066416 1979 49.34674281677293 1980 47.006409342476275 1981 48.52988844428847 1982 49.92245415646438 1983 51.28185969388268 1984 47.91739963370257 1985 50.469355881400816 1986 54.38217122855652 1987 55.288862812367704 1988 54.907191582897 1989 55.32442467594254 1990 54.198398148715164 1991 52.70143442450282 1992 52.26738253054021 1993 53.60260009577621 1994 54.112990443084584 1995 52.96719169363428 1996 52.04014653460175 1997 51.31555097826932 1998 51.46249621866231 1999 51.6076760350902 2000 51.35144849412716 2001 52.67536986050122 2002 53.4403865180036 2003 53.24800146858378 2004 53.6583971352662 2005 53.57369712807035 2006 53.809221840387735 2007 54.78619721148314 2008 55.68869869363766 2009 54.719651100365226 2010 54.9906958458347 2011 55.17365980445956 2012 54.446230638618474 2013 53.905276186223915 2014 53.71305297301514 2015 52.89394638595874 2016 53.088247476729535 2017 52.81539925610833 2018 52.54953502340959 2019 51.886927042679055 2020 48.26673090745734 2021 49.141022922971125 2022 49.20694250314353 2023 48.17247180821035