Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source
Create chart Download showed records Download Full dataset
Early-demographic dividend | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
10.1230574 1968
10.31369103 1969
10.82508892 1970
11.2807458 1971
11.64262227 1972
11.78675172 1973
11.6045398 1974
13.11294226 1975
13.56546952 1976
13.59738009 1977
14.2772947 1978
13.77468737 1979
12.77677361 1980
13.33742674 1981
14.28434621 1982
14.01774719 1983
13.65693712 1984
13.95325234 1985
14.18983222 1986
14.10145379 1987
13.50798967 1988
13.44757856 1989
12.74858652 1990
13.16761144 1991
12.88707489 1992
12.98338724 1993
12.59428559 1994
12.55525822 1995
12.33713535 1996
12.63144696 1997
12.85219528 1998
12.86661385 1999
12.72783988 2000
12.97353383 2001
12.69592558 2002
12.76357542 2003
12.47692642 2004
12.23780242 2005
12.18517341 2006
11.98584794 2007
12.08820984 2008
13.41005376 2009
12.86203089 2010
13.13403294 2011
13.26922557 2012
13.4527338 2013
13.80206307 2014
14.10806837 2015
13.6720802 2016
13.50655008 2017
13.35856983 2018
13.29009833 2019
14.20027587 2020
13.2394252 2021
12.3592779 2022
Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source
Create chart Download showed records Download Full dataset