Year % of GDP 1960 49.87486061206789 1961 49.922842070776376 1962 49.18082538437476 1963 47.51292127415441 1964 47.243398106626806 1965 49.06616017727129 1966 48.03328290468987 1967 45.83876103632942 1968 44.42645074224021 1969 45.36959386605966 1970 51.02812048460598 1971 54.045243504889854 1972 54.49765258215963 1973 58.59657782165186 1974 60.487705474799625 1975 70.61593520436993 1976 71.87104155600049 1977 73.28725961538461 1978 73.65537311824095 1979 65.21779782844987 1980 71.76304223813082 1981 58.32647872579078 1982 50.241102181400684 1983 53.05758071715518 1984 49.756680299123104 1985 48.37571786659303 1986 53.09797344472447 1987 54.7544975282531 1988 54.274395897654884 1989 54.376227755144 1990 53.28290739503703 1991 49.372540640732595 1992 48.202943492109796 1993 48.28488218355634 1994 46.16984866837717 1995 45.29538761007077 1996 41.03720151732521 1997 38.11995974960334 1998 38.25104851226842 1999 34.785978748454845 2000 27.509106881360836 2001 27.85024147952726 2002 23.433428002667533 2003 24.50702257748249 2004 21.670352642217885 2005 25.0749361336647 2006 24.034932983870263 2007 22.27811367886889 2008 21.384598562560704 2009 34.872859937466046 2010 32.86800907765357 2011 28.969247477790205 2012 27.177257747557977 2013 26.03032374029592 2014 24.819975935343738 2015 23.4723696930371 2016 22.66032278698873 2017 23.458835382742553 2018 23.250293541273393 2019 22.945508806556425 2020 23.929033720510283 2021 23.84180382721719 2022 24.011722052955268 2023 23.76798917101158