Australia | General government final consumption expenditure (% of GDP)

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source
Australia | General government final consumption expenditure (% of GDP)
1960 11.09372178
1961 11.31785592
1962 11.96874297
1963 11.67845258
1964 11.36887676
1965 11.88720735
1966 12.80452793
1967 12.77362864
1968 13.60197199
1969 13.05223949
1970 13.1689473
1971 13.90320024
1972 14.40950008
1973 14.60859093
1974 14.44617475
1975 16.79180408
1976 17.87685367
1977 17.45683607
1978 17.83300653
1979 17.36238011
1980 17.2146614
1981 17.81002639
1982 17.73941327
1983 18.6524613
1984 18.31706335
1985 19.24711777
1986 19.42560769
1987 19.36735428
1988 18.45907842
1989 17.7837214
1990 17.64192787
1991 18.63233499
1992 19.49649279
1993 19.37639148
1994 18.81310128
1995 18.64127169
1996 18.58464296
1997 18.27059362
1998 18.26233793
1999 18.73073156
2000 18.53807453
2001 18.54263912
2002 18.34843465
2003 18.41072434
2004 18.30228136
2005 18.38159496
2006 18.30729753
2007 18.17225164
2008 18.09390919
2009 18.43074706
2010 18.83468097
2011 18.66435085
2012 18.89686658
2013 18.8516012
2014 18.7735162
2015 19.18216716
2016 19.96128844
2017 19.92874755
2018 19.98988359
2019 20.34289518
2020 21.86231166
2021 22.38679574
2022 22.01921721

Australia | General government final consumption expenditure (% of GDP)

General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Commonwealth of Australia
Records
63
Source