Cuba | 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 Cuba
Records
63
Source
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Cuba | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
31.67222472 1970
31.67127099 1971
31.67221494 1972
31.67467355 1973
31.67811109 1974
31.66484975 1975
31.6665046 1976
31.67693933 1977
31.68696166 1978
31.69529805 1979
31.59854504 1980
31.6747807 1981
31.72910964 1982
31.73707386 1983
31.73698103 1984
31.11477929 1985
32.05596099 1986
32.00075219 1987
31.77689734 1988
31.73651454 1989
31.00158823 1990
33.31097159 1991
34.79865259 1992
35.38242433 1993
27.26595595 1994
24.39377861 1995
26.55355197 1996
26.83483664 1997
27.67312615 1998
28.92478548 1999
29.59629123 2000
30.88781153 2001
34.10451139 2002
33.73316909 2003
35.47967332 2004
33.6483605 2005
32.2340401 2006
35.40975942 2007
39.88073604 2008
38.96101804 2009
34.75935829 2010
35.42107552 2011
31.91506816 2012
32.44672577 2013
32.40672435 2014
32.20601197 2015
31.89544698 2016
30.83820304 2017
30.04496667 2018
32.23220881 2019
38.8479746 2020
33.82647562 2021
32.53303418 2022
Cuba | 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 Cuba
Records
63
Source
Create chart Download showed records Download Full dataset