Greece | 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
Hellenic Republic
Records
63
Source
Greece | General government final consumption expenditure (% of GDP)
12.29120625 1960
11.68614246 1961
12.15833803 1962
11.59431682 1963
11.95527356 1964
11.93648383 1965
11.98393827 1966
13.30594856 1967
13.19476345 1968
12.81002754 1969
12.63642559 1970
12.43191592 1971
11.97254236 1972
11.06791457 1973
13.63176096 1974
14.85457021 1975
14.57262342 1976
15.43277577 1977
15.22391168 1978
15.64266875 1979
15.62606417 1980
17.17661735 1981
17.40332622 1982
17.99419233 1983
18.5488105 1984
19.28100453 1985
18.27927151 1986
18.62165947 1987
16.38054188 1988
17.39472043 1989
17.48304791 1990
16.49008559 1991
15.94841873 1992
16.59906291 1993
15.98490098 1994
17.79269427 1995
17.60782618 1996
17.68268123 1997
17.49751805 1998
17.98007303 1999
18.26000382 2000
18.71497452 2001
19.22731317 2002
18.9588538 2003
19.15502267 2004
20.02023295 2005
20.15548286 2006
20.52028343 2007
20.72113194 2008
23.30901252 2009
22.35690747 2010
22.09641767 2011
22.26069297 2012
20.72379436 2013
20.5865958 2014
20.64952587 2015
20.61262606 2016
20.49330163 2017
19.77554833 2018
20.17894683 2019
23.07509197 2020
21.86155728 2021
20.10502797 2022
Greece | 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
Hellenic Republic
Records
63
Source