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