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