Guinea-Bissau | 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 Guinea-Bissau
Records
63
Source
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Guinea-Bissau | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
19.93948759 1970
21.65601029 1971
22.78155876 1972
24.46672533 1973
25.23569904 1974
22.89337959 1975
24.90482319 1976
18.53475806 1977
21.125844 1978
22.24315725 1979
27.64078699 1980
28.48748226 1981
29.43803753 1982
25.45302664 1983
15.4311543 1984
17.93022292 1985
13.24337742 1986
10.69812009 1987
9.63779383 1988
11.22855887 1989
10.29112109 1990
10.61720274 1991
8.97817957 1992
7.05277334 1993
7.12393666 1994
6.4076479 1995
6.55856468 1996
7.01776771 1997
9.27750411 1998
10.78213078 1999
18.57200964 2000
14.62933004 2001
14.38036765 2002
16.48656624 2003
14.18106972 2004
14.61267915 2005
11.20512019 2006
10.66711169 2007
8.82627303 2008
8.81043381 2009
9.20091887 2010
8.66538353 2011
9.77143715 2012
7.12218197 2013
13.82785134 2014
11.32588431 2015
9.82229182 2016
9.29681982 2017
12.62352003 2018
14.7836396 2019
16.51498605 2020
2021
2022
Guinea-Bissau | 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 Guinea-Bissau
Records
63
Source
Create chart Download showed records Download Full dataset