Year % of GDP 1960 41.741335123558656 1961 41.09248219834258 1962 39.06596879624427 1963 39.82535167731953 1964 41.34371671121381 1965 39.38469725512057 1966 40.351651237001455 1967 42.751558024953574 1968 42.08602737664706 1969 41.58492358392325 1970 40.28961346219066 1971 38.633391191380724 1972 38.62682630199746 1973 41.603824620110544 1974 38.878058703410915 1975 35.9969148409303 1976 34.31203671177791 1977 35.77714426432627 1978 34.27396271099551 1979 32.82553002007278 1980 34.40886780623454 1981 33.29769741880793 1982 32.32674968650563 1983 32.60653487756216 1984 31.38053041178529 1985 29.71813835649928 1986 28.641146269727635 1987 27.97237840117454 1988 28.769822369360764 1989 27.839605799688755 1990 27.584888136541082 1991 27.662705410224724 1992 26.896919447794946 1993 27.054558767125492 1994 26.519937575032042 1995 24.457547789855195 1996 25.199306058679028 1997 24.248674505748017 1998 24.18045154908501 1999 22.972561886502476 2000 21.611062046512103 2001 21.61888488614377 2002 19.534543270954575 2003 19.591997978425116 2004 17.81469064879936 2005 17.62020695488388 2006 16.80944209443814 2007 16.750119759756934 2008 16.79094235980367 2009 16.744270156316084 2010 17.02650901369119 2011 17.191973558009437 2012 16.845377066130606 2013 17.148423543370793 2014 16.791934514497704 2015 16.174508106844293 2016 16.363800561629454 2017 16.558331404935977 2018 16.031630686452516 2019 16.755568303279865 2020 18.6685376603755 2021 17.37256152603107 2022 16.639431040971004 2023 15.966007704802648