Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | General government final consumption expenditure (% of GDP)
1960 6.37628418
1961 6.78126689
1962 7.04725198
1963 7.41422476
1964 6.64865393
1965 8.31239254
1966 8.70027973
1967 8.58539241
1968 8.46223559
1969 8.8053129
1970 9.25222945
1971 10.9663472
1972 9.56891369
1973 9.46331633
1974 8.74981389
1975 8.92996436
1976 8.20673718
1977 7.71141951
1978 8.55647195
1979 9.31362859
1980 10.09232932
1981 10.43356955
1982 10.92244498
1983 10.95448567
1984 11.03647684
1985 10.69827863
1986 9.80875539
1987 9.84069413
1988 10.07872241
1989 10.55453668
1990 12.45246549
1991 11.75927204
1992 13.1328297
1993 14.05157033
1994 14.47345442
1995 14.94837659
1996 17.99453387
1997 19.92131364
1998 20.30693579
1999 22.16059307
2000 16.47285056
2001 16.56623172
2002 16.04089303
2003 15.61034717
2004 15.68159812
2005 13.95617207
2006 13.8806197
2007 13.73002945
2008 13.14394591
2009 13.80414455
2010 13.76024703
2011 13.34926166
2012 13.47547738
2013 14.09732346
2014 14.24375052
2015 14.81162979
2016 14.54128472
2017 14.88064263
2018 15.42148086
2019 15.77323342
2020 17.17137296
2021 16.04697691
2022 13.95085272

Colombia | 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
Republic of Colombia
Records
63
Source