Ecuador | 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 Ecuador
Records
63
Source
Ecuador | General government final consumption expenditure (% of GDP)
8.8694326 1960
9.50732327 1961
9.28521531 1962
8.84538437 1963
9.21130459 1964
9.4336151 1965
9.15163633 1966
7.48205983 1967
7.19744682 1968
8.2359938 1969
9.69333117 1970
8.51251408 1971
9.22724732 1972
10.80688657 1973
16.03785027 1974
20.93889845 1975
20.190907 1976
20.91279596 1977
19.77920726 1978
18.83717613 1979
18.29154829 1980
15.87285998 1981
17.33400099 1982
15.38752239 1983
16.19908251 1984
14.76198938 1985
15.61428601 1986
15.28090724 1987
16.27545009 1988
13.68091143 1989
12.30197821 1990
11.33858864 1991
9.93883891 1992
10.60395004 1993
10.95679186 1994
11.21369817 1995
10.87543399 1996
11.26931276 1997
11.09299709 1998
11.7675327 1999
9.35039745 2000
9.44893488 2001
9.83244039 2002
10.71391242 2003
10.88435422 2004
10.71784492 2005
10.6018938 2006
10.92815513 2007
11.83043437 2008
13.72571673 2009
13.19965288 2010
12.72904975 2011
13.33729067 2012
14.00538816 2013
14.29615603 2014
14.42952263 2015
14.60569393 2016
14.57125691 2017
14.71635784 2018
14.41474424 2019
16.35674 2020
15.28019561 2021
14.75651919 2022
Ecuador | 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 Ecuador
Records
63
Source