Guatemala | 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 Guatemala
Records
63
Source
Guatemala | General government final consumption expenditure (% of GDP)
7.65619084 1960
7.71802802 1961
6.7506121 1962
6.60437124 1963
6.89708313 1964
7.35316264 1965
7.5501546 1966
7.74681803 1967
7.15926731 1968
7.84073731 1969
7.95168067 1970
7.01833938 1971
7.45728835 1972
6.48450854 1973
6.53487289 1974
6.86524589 1975
6.81052817 1976
6.46838768 1977
7.15909442 1978
7.06979958 1979
7.95816569 1980
7.90008686 1981
7.74349 1982
7.60220961 1983
7.66525863 1984
6.95355063 1985
7.09622423 1986
7.90243369 1987
7.98150474 1988
7.89542579 1989
6.58421335 1990
5.42256645 1991
6.42488305 1992
6.35631122 1993
5.57324957 1994
5.50995915 1995
5.08030909 1996
4.99730137 1997
5.67746181 1998
6.32163615 1999
7.00261474 2000
10.21956817 2001
9.82093279 2002
9.75241609 2003
8.90663133 2004
8.6135251 2005
8.50696939 2006
8.79868761 2007
9.16134519 2008
10.34563022 2009
10.64624762 2010
10.35848308 2011
10.51350307 2012
11.28794861 2013
11.25538493 2014
11.08810853 2015
10.44035279 2016
10.57282301 2017
11.12025855 2018
11.10700482 2019
11.46838235 2020
11.31288833 2021
11.51854942 2022
Guatemala | 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 Guatemala
Records
63
Source