European Union | 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
European Union
Records
63
Source
European Union | General government final consumption expenditure (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 16.14884637
1971 16.99090123
1972 17.235819
1973 17.35599222
1974 17.94711246
1975 19.10541308
1976 19.09947646
1977 19.40424553
1978 19.72256122
1979 19.70977157
1980 20.08259389
1981 20.7817181
1982 20.78813252
1983 20.81335305
1984 20.55785155
1985 20.61544944
1986 20.3912735
1987 20.59652685
1988 20.29556019
1989 19.80754193
1990 19.95643473
1991 20.07305054
1992 20.44837949
1993 20.78011814
1994 20.45710064
1995 20.22510901
1996 20.29498369
1997 20.02667525
1998 19.73807007
1999 19.81922705
2000 19.65091705
2001 19.72417674
2002 20.096881
2003 20.39802645
2004 20.20532436
2005 20.27486046
2006 20.09396856
2007 19.7748578
2008 20.26373744
2009 21.86599811
2010 21.60992136
2011 21.18404386
2012 21.2292372
2013 21.33050233
2014 21.19164329
2015 20.84641743
2016 20.81065664
2017 20.58684692
2018 20.51529227
2019 20.58239746
2020 22.37016344
2021 21.90062485
2022 21.35171476

European Union | 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
European Union
Records
63
Source