Finland | 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 Finland
Records
63
Source
Finland | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
14.28253946 1970
14.97307183 1971
15.09930365 1972
14.80698828 1973
15.03728835 1974
16.91484351 1975
17.89354162 1976
18.37657658 1977
18.06188066 1978
17.59743466 1979
17.70805479 1980
18.34397247 1981
18.45898652 1982
18.78874183 1983
18.94687617 1984
19.70469568 1985
19.93045476 1986
20.31425365 1987
19.60820093 1988
19.41646971 1989
20.86984246 1990
23.91396909 1991
24.27048194 1992
23.30120876 1993
22.39583907 1994
21.89469198 1995
22.1594193 1996
21.31183048 1997
20.57456381 1998
20.25985691 1999
19.73732428 2000
19.92560223 2001
20.62753391 2002
21.09667939 2003
21.18444425 2004
21.41152611 2005
21.32078636 2006
20.76687051 2007
21.56487273 2008
24.06752244 2009
23.68623866 2010
23.36134708 2011
24.09705676 2012
24.53639127 2013
24.50736357 2014
24.38441706 2015
23.67114446 2016
22.78734959 2017
22.90137153 2018
23.18830308 2019
24.25116998 2020
24.5820431 2021
24.06074932 2022
Finland | 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 Finland
Records
63
Source