Belgium | 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
Kingdom of Belgium
Records
63
Source
Create chart Download showed records Download Full dataset
Belgium | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
16.78872756 1970
17.77208995 1971
18.28771437 1972
18.56831275 1973
18.93092648 1974
21.1481976 1975
21.30525447 1976
21.83601905 1977
22.63148806 1978
22.96590528 1979
22.87076033 1980
24.10309806 1981
23.76188269 1982
23.41867556 1983
23.34821598 1984
22.83368858 1985
22.68750893 1986
22.52163952 1987
21.14320354 1988
20.45583334 1989
20.21728507 1990
20.86292584 1991
20.96093107 1992
21.29464265 1993
21.10193383 1994
21.29896512 1995
21.71838622 1996
21.15139792 1997
21.09491806 1998
21.28203985 1999
21.04019715 2000
21.31360634 2001
22.13888154 2002
22.48437234 2003
22.19721265 2004
22.09399763 2005
21.93878853 2006
21.61589482 2007
22.66614469 2008
24.19191348 2009
23.73268609 2010
24.04942657 2011
24.30335286 2012
24.31276726 2013
24.23389585 2014
23.61508745 2015
23.26203662 2016
23.03246309 2017
23.14146612 2018
23.04075281 2019
24.40487495 2020
23.71243968 2021
23.79650869 2022
Belgium | 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
Kingdom of Belgium
Records
63
Source
Create chart Download showed records Download Full dataset