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
Create chart Download showed records Download Full dataset
Australia | General government final consumption expenditure (% of GDP)
11.09372178 1960
11.31785592 1961
11.96874297 1962
11.67845258 1963
11.36887676 1964
11.88720735 1965
12.80452793 1966
12.77362864 1967
13.60197199 1968
13.05223949 1969
13.1689473 1970
13.90320024 1971
14.40950008 1972
14.60859093 1973
14.44617475 1974
16.79180408 1975
17.87685367 1976
17.45683607 1977
17.83300653 1978
17.36238011 1979
17.2146614 1980
17.81002639 1981
17.73941327 1982
18.6524613 1983
18.31706335 1984
19.24711777 1985
19.42560769 1986
19.36735428 1987
18.45907842 1988
17.7837214 1989
17.64192787 1990
18.63233499 1991
19.49649279 1992
19.37639148 1993
18.81310128 1994
18.64127169 1995
18.58464296 1996
18.27059362 1997
18.26233793 1998
18.73073156 1999
18.53807453 2000
18.54263912 2001
18.34843465 2002
18.41072434 2003
18.30228136 2004
18.38159496 2005
18.30729753 2006
18.17225164 2007
18.09390919 2008
18.43074706 2009
18.83468097 2010
18.66435085 2011
18.89686658 2012
18.8516012 2013
18.7735162 2014
19.18216716 2015
19.96128844 2016
19.92874755 2017
19.98988359 2018
20.34289518 2019
21.86231166 2020
22.38679574 2021
22.01921721 2022
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
Create chart Download showed records Download Full dataset