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

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