Guyana | 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
Co-operative Republic of Guyana
Records
63
Source
Create chart Download showed records Download Full dataset
Guyana | General government final consumption expenditure (% of GDP)
11.44619602 1960
11.92718142 1961
11.54997008 1962
12.14736143 1963
13.95627433 1964
15.00689655 1965
15.20061728 1966
15.65953445 1967
15.21218716 1968
15.86442038 1969
16.97162061 1970
18.02871831 1971
19.50609044 1972
24.76736973 1973
16.98963025 1974
19.61263158 1975
28.17533668 1976
25.78465369 1977
23.34937288 1978
26.24236483 1979
24.20424403 1980
29.05447896 1981
25.79529737 1982
27.11171662 1983
18.09981851 1984
18.05128205 1985
31.47465583 1986
27.39568266 1987
28.10536801 1988
16.46660212 1989
13.61634205 1990
14.92326669 1991
16.75118757 1992
15.1968742 1993
15.4916245 1994
15.00628662 1995
16.21351183 1996
17.53744962 1997
18.43743647 1998
18.97602483 1999
24.67210605 2000
25.08069478 2001
25.72755157 2002
28.00870585 2003
27.1793843 2004
26.914049 2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Guyana | 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
Co-operative Republic of Guyana
Records
63
Source
Create chart Download showed records Download Full dataset