High income | 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
High income
Records
63
Source
High income | General government final consumption expenditure (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
16.59978362 1970
16.92443555 1971
16.83712517 1972
16.46549317 1973
16.99915951 1974
18.0981001 1975
17.67594624 1976
17.52181979 1977
17.37256115 1978
17.25098199 1979
17.61758391 1980
17.71668216 1981
18.17776171 1982
18.02954772 1983
17.45231504 1984
17.44424427 1985
17.49466018 1986
17.49112163 1987
17.07194309 1988
16.88197943 1989
17.23184248 1990
17.50500927 1991
17.64144389 1992
17.38950865 1993
17.08591564 1994
16.94754604 1995
16.84630045 1996
16.52899152 1997
16.49915681 1998
16.53446912 1999
16.36958423 2000
16.79081965 2001
17.27859186 2002
17.6248856 2003
17.56076344 2004
17.48392168 2005
17.38210227 2006
17.38537721 2007
17.93096819 2008
19.18900957 2009
18.86627866 2010
18.55047532 2011
18.28192745 2012
18.1335698 2013
17.96252704 2014
17.60622381 2015
17.53130235 2016
17.29758207 2017
17.30158684 2018
17.4339764 2019
18.84153387 2020
18.38517786 2021
17.02681746 2022
High income | 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
High income
Records
63
Source